NetworkNewsBreaks – First Cobalt Corp.’s (TSX.V: FCC) (OTCQX: FTSSF) Mineral Resource Estimate Results Bode Well for Iron Creek Project
Vertically integrated North American pure-play cobalt company First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC) recently reported the results of its first NI 43-101 Mineral Resource Estimate for its wholly-owned Iron Creek Cobalt Project in Idaho. FTSSF reported Inferred Mineral Resources of 29.6 million tons (26.9 million tonnes) grading 0.11 percent cobalt equivalent, under a base case scenario, and an alternative underground-only scenario indicating 4.9 million tons (4.4 million tonnes) grading 0.30 percent cobalt equivalent (http://nnw.fm/Af2zz). A recent article discussing the results reads, “An “Inferred Mineral Resource” is a concentration of some mineral that appears to have a reasonable prospect for…







