Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced its commencement of drilling in Cobalt North, near the historic Drummond, Kerr and Conisil mines. The new program comes on the heels of the company’s completion of a maiden drilling program in Cobalt South that identified three distinct mineralized areas that will require follow up. “In our first drill campaign, we successfully identified three distinct cobalt mineralized zones in Cobalt South that warrant follow up. As we focus on Cobalt North for the second leg of the winter drill campaign, we have combined a rich set historical data with our own field work to build a 3D geological model,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “In Cobalt North, we have several opportunities to identify resources in different styles of mineralization that would not have been considered historically. We believe this program will increase our options to find new cobalt resources in the Camp.”
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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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