Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced that drilling in the Canadian Cobalt Camp has identified a second cobalt mineralization trend within the Kerr area located near surface and extending over a 500-meter strike length. Per the update, this mineralized trend is located parallel to and 400 meters north of the previously identified Kerr #2 Zone, which has been traced over 350 meters to date. “The results reported today are just 400 metres north of the Kerr #2 Zone, providing great encouragement to our vision of large scale open pit mining in the Cobalt Camp,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “We are reallocating a larger portion of the 2018 exploration budget to the Kerr area despite having a multitude of prospective targets across our land package. Results from nine drill holes are pending and additional drilling is planned.”
To view the full press release, visit http://ibn.fm/GEdnu
About First Cobalt Corp.
First Cobalt Corp., with headquarters in Canada, is a vertically integrated North America pure-play cobalt company. First Cobalt has three significant North American assets: the Iron Creek Project in Idaho, which has a historic mineral resource estimate (non-compliant with NI 43-101) of 1.3M tons grading 0.59% cobalt; the Canadian Cobalt Camp, with more than 50 past producing mines; 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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