Mix Stocks in Focus: LICO ENERGY METALS COM NPV (WCTXF), LITHIUM X ENERGY C COM NPV (LIXXF), ADVANTAGE LITHIUM COM NPV (AVLIF)

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) reported no change and closed at $0.0820, with the total traded volume of 9,500.00 shares. During last trade its minimum price was $0.08 and it gained its highest price of $0.08 and has a total of 106.68 million outstanding shares.

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) on September 12, 2017 announced that it is planning to start a Phase 1 diamond drilling on its Teledyne and Glencore Bucke cobalt properties situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario. A minimum 1,500 m diamond drill program is planned to commence approximately on September 21st, 2017, by a reputable diamond drill contractor.

In 1981, Teledyne Canada Ltd. leased the Glencore Bucke Property from Falconbridge Nickel Mines Ltd. as they recognized the exploration potential that the Property had due the possible southern extension of the #3 vein located on the Cobalt Contact Property to the north. In the same year, Teledyne completed 36 diamond drill holes totaling 3,323.3 m, and delineated two zones of mineralization measure approximately 150 m and 70 m in length. The most significant results include 2.12% Co over 1.01 m in diamond drill hole T-18, 0.62% Co over 2.74 m in diamond drill hole T-23, 0.66% Co over 0.73 m, 1.68% Co over 0.46 m in diamond drill hole T-30, and 0.36% Co, 41 oz/t Ag over 0.58 m in diamond drill hole T-37 (Bresee, 1982). The historical reported intersections represent core lengths, and not true widths.

Initially, on the Glencore Bucke Property, the first few holes of the program will be oriented to confirm results from historical drilling completed by Teledyne Canada Ltd., and then followed by step out drill holes to expand the mineralized zones.

LITHIUM X ENERGY C COM NPV (OTCMKTS:LIXXF) reported the surge of +1.01%, after closing price for the day was $1.80. Its total trading volume for the day was 223,734.00 shares, versus its average volume of 196,608.00 shares. Its earnings per share are -$0.08.




LITHIUM X ENERGY C COM NPV (OTCMKTS:LIXXF) operates as a lithium exploration and development company in Argentina and the United States. The company owns a 50% interest in the Sal de los Angeles project comprising 8,156 hectares located in Salta Province, Argentina. It also owns a 100% interest in the Clayton Valley South project consisting of 477 federal placer mining claims covering approximately 9,540 acres located to the southwest of Tonopah, Nevada; and holds an option to acquire a 100% interest in the NSP Lithium claims covering approximately 5,480 acres located in northern Clayton Valley, Nevada.

ADVANTAGE LITHIUM COM NPV (OTCMKTS:AVLIF) showing jumped of +3.29% and closed at $0.405, after gaining total volume of 111,351.00 shares. Its earnings per share (EPS) is -$0.15 and has total market capitalization of $52.94 million and a total of 135.06 million outstanding shares.

ADVANTAGE LITHIUM COM NPV (OTCMKTS:AVLIF) engages in the acquisition and exploration of unproven mineral interests. It primarily explores for lithium deposit. The company holds an option to acquire 70% working interests in 5 lithium exploration projects located in the Clayton Valley and Lida Valley regions of Nevada; 100% interests in the Stella Marys project comprising 1,472 hectares located in the western sector of the Salinas Grandes salar within Argentina; and 100% interests in the Santa Maria, Union, and Viesca projects that covers an area of 37,000 hectares located in Chihauhau and Coahuila states, Mexico.

Leave a Reply

Your email address will not be published. Required fields are marked *