First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported the start of borehole geophysical surveys at the former producing Keeley and Frontier mines in the Ontario Cobalt Camp. Through this electromagnetic program, the company said it intends to identify a geophysical signature of cobalt mineralization intersected in recent drillholes that can be used to plan future programs. “Borehole geophysics is an important part of our exploration program to expand our understanding of vein distribution and orientation beyond what is intersected in drillholes. This is a new approach for the Cobalt Camp but one that is widely-used as a method of detecting blind metallic vein systems. This is an efficient way of producing meaningful results that can assist with the winter drilling campaign,” company president and CEO Trent Mell stated in the press release. In total, 10 drillholes have been selected for surveying and others may be added if positive results are received.
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About First Cobalt
First Cobalt’s objective is to create the largest pure-play cobalt exploration and development company in the world. With the acquisition of Cobalt One Ltd. and CobalTech Mining Inc., First Cobalt controls over 10,000 hectares of prospective land and 50 historic mining operations in the Cobalt Camp in Ontario, Canada as well as a mill and a permitted cobalt refinery. For more information visit www.FirstCobalt.com
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