Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported high grade cobalt assays up to 2.01 percent cobalt discovered during surface sampling near the past producing Hamilton mine in Cobalt North. “We are continuing to validate these high grade areas of the Cobalt Camp. Broader mineralized systems with lower average grades are more attractive longer term targets as they hold potential for large low-cost, open pit operations,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “These high grade areas may represent the centre of a broader mineralized system similar to the zones recently identified in Cobalt South. The high grade zones could provide early feed for startup operations. Hamilton is one of several areas we plan to explore in 2018 with more than 15,000 metres planned in Cobalt North.”
To view the full press release, visit http://ibn.fm/d4384
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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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