First Cobalt (TSX.V: FCC) (OTCQX: FTSSF), a vertically
integrated North American pure-play cobalt company, this morning reported drill
results from its Iron Creek Cobalt Project in Idaho. Per the update, the
results identify a high grade zone at the western extent of the current
Inferred Resource, which is still open along strike and at depth. Among other
highlights, the drilling confirms cobalt and copper metal zonation, including
higher grade copper and cobalt zones with cobalt remaining as the dominant
resource metal. Drilling is ongoing to extend the strike length of the
mineralized zone and test down dip extensions of known cobalt-copper zones. In
addition, a bore-hole geophysical survey will begin later this month to
identify extensions of known mineralization to define new drilling targets and
to characterize magnetic and electro-magnetic properties of mineralization.
“High grade cobalt and copper zones within wider mineralized zones, such as
those reported here, expand our options for development as we look to the
future of this project. As work advances, I am repeatedly impressed by the
increasing potential of this resource and look forward to updating our mineral
resource estimate in early 2019 with results from the ongoing program,” First
Cobalt President & Chief Executive Officer Trent Mell stated in the news
release.
To view the full press release, visit http://ibn.fm/fEYQq
About First Cobalt Corp.
First Cobalt is a vertically integrated North American
pure-play cobalt company. First Cobalt has three significant North American
assets: the Iron Creek Project in Idaho, the Canadian Cobalt Camp and the only
permitted cobalt refinery in North America capable of producing battery
materials. For more information, visit http://ibn.fm/FTSSF
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