Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced that drill results from the Iron Creek Project in Idaho continue to further cobalt mineralization in the Waite Zone, which is positioned south and parallel to the historic No Name Zone, by an additional 50 meters to the west and to surface. Mineralization has also been intercepted beyond the footwall of the Waite Zone, indicating new targets for future drilling. Additionally, a metallurgical study has commenced to assess concentration methods and resulting recoveries for cobalt and copper. “These results show that the Waite Zone mineralization contains strike length similar to the No Name Zone and likely extends to surface. The Iron Creek Project results in Idaho have been very compelling and the expanded program on our patented land package will allow us to unlock value at an accelerated pace. First Cobalt has a strong treasury and is well positioned as a vertically integrated North American cobalt pure play,” First Cobalt President & CEO Trent Mell stated in the news release.
To view the full press release, visit http://nnw.fm/nA44i
About First Cobalt Corp.
First Cobalt aims to create the largest pure-play cobalt exploration and development company in the world. First Cobalt controls over 10,000 hectares of prospective land covering over 50 historic mines as well as mineral processing facilities in the Cobalt Camp in Ontario, Canada. The First Cobalt Refinery is the only permitted facility in North America capable of producing cobalt battery materials. First Cobalt seeks to build shareholder value through new discovery, mineral processing and growth opportunities, with a focus on North America. For more information, visit the company’s website at http://nnw.fm/FTSSF
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