On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

NetworkNewsBreaks – US Cobalt Inc. (TSX.V: USCO) (OTCQB: USCFF) Extends Mineralization at Iron Creek Project; President Comments on Upcoming Acquisition by First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF)

Company: First Cobalt Corp. (FTSSF)
Category: News

US Cobalt (TSX.V: USCO) (OTCQB: USCFF) this morning reported initial results from its 2018 underground drill program at the Iron Creek project in Idaho. Per the update, all three holes met significant cobalt mineralization, expanding the known mineralization to over 1,700 feet along strike. US Cobalt shareholders recently voted 99.87% in favor of a friendly merger with First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) which is anticipated to close by the end of May 2018. “We continue to increase the known strike length at the Iron Creek Project as we work towards a maiden resource estimate later this year. US Cobalt has already begun to work closely with First Cobalt ahead of the upcoming close of the recently approved acquisition by First Cobalt. We are pleased by the overwhelming support this transaction has received, and US Cobalt shareholders will benefit from a meaningful position in a leading vertically integrated pure-play North American cobalt company that is fully funded to execute on the 2018 programs,” US Cobalt president Wayne Tisdale stated in the news release.

To view the full press release, visit http://nnw.fm/6ShTJ

About US Cobalt

US Cobalt is focused on the acquisition and development of high grade battery metal deposits in North America. The Iron Creek Cobalt Project, located in the prolific Idaho Cobalt Belt, is the focus of a 40-hole, 35,000 foot (10,700 metre) drill campaign to confirm a 1.3M ton grading 0.59% cobalt historical estimate (non-compliant with NI 43-101) and a Resource Estimate prepared in accordance with NI 43-101 is expected on the project in 2018. For more information, visit the company’s website at www.USCobaltInc.com.

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 www.FirstCobalt.com.

More from NetworkNewsBreaks

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.networknewswire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217