The Glencore Bucke Project
Explore the vast potential of the Glencore Bucke Property with Fuse’s Teledyne Cobalt Project, featuring two patented mining claims spanning 16.2 hectares located on the western edge. Discover high-grade cobalt mineralization and join us on our journey to transform the world’s energy landscape.
The Glencore Bucke property consists of two patented mining claims totaling approximately 16.2 ha in area located on the west boundary of Fuse’s Teledyne Cobalt Project. In 1981, Teledyne leased mining claim 585 (“Glencore Bucke Property”) from Falconbridge Nickel Mines Ltd. The company recognized the significant exploration potential that the Property had due to the possible southern extensions of the Cobalt Contact veins on mining claim T43819 that projected southward onto the Property. In the fall of 2017, Fuse completed 21 diamond drill holes totalling 1,913.50 m at Glencore Bucke in a first phase of drilling designed to confirm and extend the existing known mineralized zones on the property. The program tested the Main Zone for a strike length of approximately 55 m and the Northwest Zone for a strike length of approximately 45 m.
Results were encouraging with the majority of holes hitting cobalt mineralization including 4.45% cobalt over 0.30 metres in hole GB 17-06 and 8.42% cobalt over 0.3 metres in hole GB-17-15 (core lengths only, not true widths.) In 2018, Fuse completed 24 diamond drill holes totaling 2,559 m in phase II at Glencore Bucke with the intent of intersecting mineralized zones along strike and vertically above and below previous intersections reported in 2017 on the Main and Northwest Zones. The Phase 2 program also tested several outlying targets with drill hole GB18-41 aimed at testing for mineralization at depth beneath a historical trench which intersected anomalous cobalt mineralization. Cobalt, zinc, silver and copper were present. Not all holes were released, with holes GB18-31 through to GB18-40 expected in Q2 2020.
Exploration and Development
Most Recent Drill Results
Lithium Clay Deposits
|DDH||From (m)||To (m)||Core length (m)||Co (%)||Ag (ppm)||Cu (ppm)||Zn (ppm)||Pb (ppm)|
We follow strict policies and procedures to minimize the impact of our exploration and development activities on the environment and local communities. We engage with local stakeholders and respect their rights and interests.
The demand for Lithium is expected to increase significantly in the coming years due to its crucial role in the production of electric vehicle batteries and energy storage systems, driven by the rapid growth of the electric vehicle market.
With our expertise in mineral exploration and our commitment to environmental and social responsibility, we are well-positioned to unlock the potential of the Lithium deposit and create value for our shareholders and stakeholders.