Fuse Cobalt Inc. announced the Company is awaiting results from the recently completed drill program at the Glencore Bucke Project located just outside Cobalt Ontario and near the cobalt refinery of Electra Battery Metals Corporation (ELBM). As of October 20th, 2022, 300 samples have been sent to the assay lab including all the holes with mineralization noted in the core logging so far. Eleven of thirteen holes are fully logged.

The supervising project geologist notes the following in his latest summary: The drill program was engineered to follow-up existing intercepts from the 2017-2018 drilling at depth as well as test the First Priority Target's outlined in the geophysical report. This year's drill program has an initial budget of $500,000. Prior diamond drilling results from the 2017-2018 drill campaign include: GB17-07 intersected 7.64% Co over 0.26m from 99.79 to 100.05m., GB17-10 intersected0.55% Co over 5.00m from 28.00 to 33.00m., GB17-15 intersected 0.90% Cu over 20.20m from 42.50 to 62.70m, including 8.42% Co over 0.30m from 62.40 to 62.70m., GB17-21 intersected 1.25% Cu over 6.10m from 67.50 to 73.60m, including 0.73% Co over 0.60m from 69.7 to 70.30m.,GB18-44 intersected 0.11% Co and 1.04% Cu over 8.40m from 110.60 to 119.00m.

The above intervals represent core lengths, and not true widths (NI 43-101 Technical Report on the Teledyne Cobalt and Glencore Bucke ProjectFeb 4, 2021). 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, now the "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 veins from the Cobalt Contact Mine property adjoining to the north that could project southward onto the Property.

Their work delineated two mineralized zones, named the Main Zone and Northwest Zone, measuring 500 ft (152.4 m) and 200 ft (70.0 m) in length respectively on the Glencore Bucke property.