Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced that the results of recent drilling have doubled the strike length of the mineralized zone in the Kerr area to over 200 meters. Per the update, further potential for mineralization exists along strike of this newly identified mineralized zone, which is located south of Kerr Lake in the Cobalt North area of the Canadian Cobalt Camp. The Kerr area contains a number of drill targets, with the Kerr #2 target now noted as a priority follow up for First Cobalt. “In short order First Cobalt has doubled the strike length of a newly discovered cobalt-rich zone and there is potential to increase this further,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “The presence of a network of veins and disseminated mineralization across more than 200 metres is encouraging for our strategy of identifying open pit targets in this historic Canadian mining district. Our 2018 drilling program will continue targeting 15 areas containing past-producing mines, but the Kerr area is now a high priority for exploration work.”
To view the full press release, visit http://ibn.fm/M4ZZB
About First Cobalt Corp.
First Cobalt aims to create the largest pure-play cobalt exploration and development company in the world. First Cobalt controls over 10,000 hectares of prospective land covering over 50 historic mines as well as mineral processing facilities in the Cobalt Camp in Ontario, Canada. The First Cobalt Refinery is the only permitted facility in North America capable of producing cobalt battery materials. First Cobalt seeks to build shareholder value through new discovery, mineral processing and growth opportunities, with a focus on North America. For more information, visit the company’s website at www.FirstCobalt.com
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