Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced additional drill results from the Woods Extension Zone of Cobalt South in the Canadian Cobalt Camp. Per the update, cobalt mineralization has been identified in breccia zones as well as faults, reflecting a complex structural setting that warrants further drilling. “We remain encouraged by the cobalt potential of the Woods Extension Zone,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “Broad breccia areas have not been seen previously at either the Frontier or Keeley Mines and new fault zones continue to be found. We have confirmed cobalt occurs in two different structures at relatively shallow depths that may extend to surface. The key objective of the 2018 exploration program is to identify potential targets in the Cobalt Camp that could be amenable to open pit mining.”
To view the full press release, visit http://ibn.fm/pQNTC
About First Cobalt Corp.
First Cobalt is the largest landowner 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 the company’s website at www.FirstCobalt.com
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Editor@QualityStocks.com
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