|Bid||0.0750 x N/A|
|Ask||0.0800 x N/A|
|Day's Range||0.0750 - 0.0750|
|52 Week Range||0.0300 - 0.3300|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Fuse Cobalt Inc. ("the Company" or "Fuse") (TSXV: FUSE), (OTC: FUSEF), (FRA: 43W3) is pleased to announce that on December 22 2020, the government of Canada and the government of Ontario announced a joint $10-million investment in the First Cobalt Corp. refinery in Cobalt Ontario. Significantly, this refinery is located approximately 1500 m west of Fuse Cobalt's cobalt mineral exploration property and inside the historic silver-cobalt producing region of Ontario.
Fuse Cobalt Inc. ("the Company" or "Fuse") (TSXV: FUSE), (OTC: FUSEF), (FRA: 43W3) is pleased to announce it plans to review all previous exploration results on its 100% owned Teels Marsh West Project, including other potential sites in the vicinity, and evaluate the data in order to guide a Spring 2021 program aimed at locating lithium bearing montmorillonite clay deposits. Metallurgical testing of montmorillonite clay, a non-Hectorite clay, in nearby Clayton Valley indicates low-cost processing can be achieved by leaching with low acid consumption (125 kg/t) and high lithium recovery over 85 per cent Li. These high extractions prove that the dominant lithium-bearing minerals present are not hectorite, a refractory clay mineral which requires roasting and/or high acid consumption to liberate the lithium. (refer to Cypress Development's Pre-Feasibility Study on Clayton Valley Lithium Project)
Fuse Cobalt Inc. ("the Company" or "Fuse") (TSXV: FUSE) (OTC: FUSEF) (FRA: 43W3) would like to provide its shareholders with additional information regarding the history and current status of the Company, as well as, its proposed operating plan for 2021.