Stocks Highlights: LICO ENERGY METALS COM NPV (WCTXF), Lithium Corporation (LTUM), LITHIUM AMERICAS C COM NPV (LACDF)

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 Corporation (OTCMKTS:LTUM) reported the decline of -6.89%, after closing price for the day was $0.0790. Its total trading volume for the day was 76,498.00 shares, versus its average volume of 107,417.00 shares. Its earnings per share are -$0.01.




Lithium Corporation (OTCMKTS:LTUM), an exploration stage mining company, engages in the identification, acquisition, and exploration of metals and minerals in Nevada. It explores for lithium/boron/potassium, graphite, gold, and silver deposits. The company owns interests in the Fish Lake Valley property that includes 143 claims covering an area of approximately 11,360 acres located in northern Esmeralda County in west central Nevada; and San Emidio property comprising 20 claims, which cover an area of approximately 1,600 acres located in Washoe County in northwestern Nevada.

LITHIUM AMERICAS C COM NPV (OTCMKTS:LACDF) showing jumped of +6.80% and closed at $1.27, after gaining total volume of 1.15 million shares. Its earnings per share (EPS) is -$0.09 and its beta value stands at 2.95 points and has total market capitalization of $520.38 million and a total of 437.30 million outstanding shares.

LITHIUM AMERICAS C COM NPV (OTCMKTS:LACDF) on July 17, 2017 announced that it has closed the investment agreement (the “Investment Agreement”) with BCP Innovation Pte Ltd., a wholly-owned subsidiary of Bangchak Corporation Public Company Ltd. (“Bangchak”). Pursuant to the Investment Agreement, Bangchak has agreed to provide Lithium Americas with an aggregate of US$113 million in financing primarily to fund a portion of the Company’s share of construction costs for the Cauchari-Olaroz lithium project (“Cauchari-Olaroz”) in Jujuy Province, Argentina.

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