First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported the start of borehole geophysical surveys at the former producing Keeley and Frontier mines in the Ontario Cobalt Camp. Through this electromagnetic program, the company said it intends to identify a geophysical signature of cobalt mineralization intersected in recent drillholes that can be used to plan future programs. “Borehole geophysics is an important part of our exploration program to expand our understanding of vein distribution and orientation beyond what is intersected in drillholes. This is a new approach for the Cobalt Camp but one that is widely-used as a method of detecting blind metallic vein systems. This is an efficient way of producing meaningful results that can assist with the winter drilling campaign,” company president and CEO Trent Mell stated in the press release. In total, 10 drillholes have been selected for surveying and others may be added if positive results are received.
To view the full press release, visit http://dtn.fm/uc5wQ
About First Cobalt
First Cobalt’s objective is to create the largest pure-play cobalt exploration and development company in the world. With the acquisition of Cobalt One Ltd. and CobalTech Mining Inc., First Cobalt controls over 10,000 hectares of prospective land and 50 historic mining operations in the Cobalt Camp in Ontario, Canada as well as a mill and a permitted cobalt refinery. For more information visit www.FirstCobalt.com
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment