Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) is the largest land owner in Ontario, Canada’s reborn Cobalt Camp mining district. The company’s exploration program is returning positive results, with the presence of high-grade cobalt and nickel already confirmed at the historic Bellellen mine, where drilling began in January 2018. An article discussing the company reads: “Cobalt has become a critical element in the operation of the lithium-ion batteries used in electric cars, which are becoming an in-demand alternative to the petroleum-based pollutants fueling the world’s automobile industries, as well as in other electronic devices like laptops, tablets and smartphones. Although the 7,300 metric tons of cobalt produced in Canada during 2016 pale in comparison to the 66,000 metric tons produced in the DRC that year, the potential for a revitalized cobalt production industry at North American sites including First Cobalt’s Ontario properties is generating excitement among a number of prospectors looking for ethical alternatives to African ‘conflict minerals’.”
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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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