Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive drill results from the historic Bellellen mine in the Cobalt Camp, Ontario. Drilling at Bellellen commenced in January 2018 with 13 holes of over 1,100 meters. Per the update, early results from these drilling efforts confirm the presence of high grade cobalt and nickel along the known Bellellen vein system south of the historic mine workings. “First assays from Bellellen drilling confirm the grades found in muckpile material sampled in 2017 and support our view that we now have a third area of interest in the Cobalt Camp,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “The Bellellen structure has adequate strike length to remain a priority target. Our 2018 drill strategy is to test several new target areas to confirm the cobalt grades of known systems throughout the Camp and then focus on those of sufficient size to support large tonnage operations.”
To view the full press release, visit http://ibn.fm/bxfXu
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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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