Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive results from its 2017 drill program, which intersected over 30 meters of disseminated cobalt mineralization in the southern part of the Canadian Cobalt Camp. Per the update, the company’s drilling intercepts in the area demonstrate that cobalt mineralization likely occurs as a broad zone, with approximately 350 meters of strike length associated with the historically mined Woods Vein and other transecting structures. “A key objective of our maiden drill program has been realized,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “We have demonstrated that disseminated cobalt and silver mineralization exist near-surface and outside the veins that were the focus of historic underground mining operations, confirming findings from our 2017 surface sampling and prospecting. Drilling is now underway at the Bellellen mine in Cobalt South and shortly thereafter we will drill targets in Cobalt North.”
To view the full press release, visit http://nnw.fm/D8ECr
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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