Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced its initiation of a research program aimed at identifying regional controls for cobalt-silver mineralization in Ontario’s Cobalt Camp. Per the update, this program, to be conducted in partnership with the Mining Exploration Research Center at Laurentian University, marks the latest in a series of initiatives designed to bring research and innovation into the 110 year old mining camp. “Structural controls on cobalt-silver mineralization in the Camp are poorly understood and initiatives like the one announced today allow us to improve our geological models and create shareholder value,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “Our commitment to research and innovation is underpinned by our conviction that this historic mining district can be revived more quickly by embracing innovation as a core element to our exploration strategy.”
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About First Cobalt Corp.
First Cobalt is the largest land owner in the Cobalt Camp in Ontario, Canada. The Company controls over 10,000 hectares of prospective land and 50 historic mines as well as a mill and the only permitted cobalt refinery in North America capable of producing battery materials. First Cobalt began drilling in the Cobalt Camp in 2017 and seeks to build shareholder value through new discovery and growth opportunities. For more information, visit www.FirstCobalt.com
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