First Cobalt Corp. FCC Archives

TuesdayJun 19, 2018 12:34 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Aims for October Report on Prized Idaho Site’s Mineral Potential

Cobalt strike resource estimate underway at First Cobalt’s Iron Creek Project Potential for fast-track startup in Idaho could provide North American response to growing tech metal demand Drilling program aims to provide NI 43-101-compliant confirmation of historic estimate of 1.3 million tons grading 0.59 percent cobalt America’s Gem State could also form the bedrock of future-tech mineral exploration once First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC) completes a mineral resource estimate on a prized asset that it acquired earlier this month. On June 11, First Cobalt announced a $9 million program to increase drilling along a mineralized strike…

MondayJun 18, 2018 1:48 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) on Upward Trajectory with Idaho Exploration, Resource Acquisition as Tech Metal’s Value Booms

New resource estimate underway in Idaho Cobalt Belt’s Iron Creek Project First Cobalt assessing need to restart and expand North America’s only currently permitted cobalt extraction refinery Scarcity concerns have fueled rise of cobalt’s price on London Metal Exchange from $22,000 per metric ton in 2016 to $90,000 now The 19th century rush for easy gold led to Idaho’s establishment as a U.S. territory, but, in the modern era, the gem state is known for a variety of important natural resources that may not glitter as much as the yellow ore. Among those resources, diamond extraction led to the parallel…

WednesdayJun 06, 2018 11:43 am

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) on Shortlist as Attention Shifts to Juniors

New restrictive tax regime in DRC makes North American cobalt more attractive Efforts to secure supplies turns attention to cobalt juniors First Cobalt is now the world’s largest pure play cobalt explorer With production of electric vehicles (EVs) set to increase, “at least 90,000 tonnes of additional cobalt will be needed by 2025 to meet demand”, according to a May research note from the Swiss bank, UBS (http://ibn.fm/Zc7XA). The bank’s brokerage arm expects global market penetration of EVs to rise to 16 percent by then, from its current one percent, sparking fears of a cobalt shortage as early as 2022.…

ThursdayMay 24, 2018 1:59 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Builds Potential for North American Production with US Cobalt Acquisition

First Cobalt resources include large swath of under-explored Cobalt Camp land in Canada, mill and mineral extraction facility Addition of US Cobalt’s Idaho project creates new activation possibility for potential cobalt source Electric vehicle production plans drive fears of cobalt shortage among existing world suppliers The largest cobalt explorer in North America is actively building its potential, paving the way for possible new production of the tech industry-friendly metal without the political conflicts currently plaguing its overall market. First Cobalt Corp.’s (TSX.V: FCC) (OTCQX: FTSSF) bid to acquire US Cobalt, Inc. (TSX.V: USCO) (OTCQB: USCFF) gives First Cobalt an additional…

MondayMay 21, 2018 1:23 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Expands Muckpile Sampling as Supply Shortfall Looms

Global cobalt market set for CAGR of 11.6 percent Global supply shortage on the horizon as EV production accelerates First Cobalt controls claims stretching over 10,000 hectares (39 square miles) With global demand for cobalt now exceeding 100,000 tonnes per annum, a supply shortfall for the metal seems imminent. Over the next 10 years, the cobalt market is projected to grow at a compound annual growth rate (CAGR) of 11.6 percent (http://ibn.fm/4ge1N). More than half of world supply is mined in the Democratic Republic of the Congo (DRC), some of it by thousands of “creuseurs” (diggers), who work at great…

TuesdayMay 15, 2018 1:36 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Strengthens Position as Top North American Cobalt Exploration Company

Cobalt is a critical element in lithium-ion batteries, which power electric vehicles, smartphones and laptops First Cobalt assay results indicate doubled strike length of newly identified mineralized zone in Canadian Cobalt Camp Exploration of cobalt production to accelerate following acquisition of U.S. Cobalt property in Idaho Cobalt market reached $8 billion in 2016, with global sales of electric vehicles rising by 63 percent in 2017 First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) is strategically positioning itself as a leading pure-play cobalt exploration and development company as it continues to add historical mineral resource properties to its portfolio. The previously announced…

TuesdayMay 08, 2018 1:25 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Set to Extend Cobalt Exploration Reach in North America Following U.S. Cobalt Acquisition

As a critical element for lithium-ion batteries used in electric vehicles, global demand for cobalt is surging U.S. Cobalt acquisition will extend First Cobalt’s exploration reach into Idaho and Utah The Iron Creek project in Idaho presents a faster pathway to cobalt production First Cobalt owns the only cobalt refinery in North America permitted to produce battery-grade cobalt, now combined with new source opportunities to offer unique position in the industry First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) is set to accelerate its drive for the exploration and subsequent production of cobalt, a critical element used in the manufacture of…

TuesdayMay 01, 2018 1:45 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Initiates Study of the First Cobalt Refinery in Canadian Cobalt Camp

First Cobalt is concentrating on building a North American portfolio of assets that are highly leveraged to the fast-growing EV market for cobalt, used in lithium-ion batteries First Cobalt’s acquisition of US Cobalt provides a potential feedstock for cobalt ore for processing at the First Cobalt Refinery, the only permitted cobalt extraction refinery in North America that can produce battery grade material The First Cobalt Refinery is a strategic asset fully permitted to process North American feedstock An exploration stage corporation, First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) is working to build the largest global pure-play cobalt exploration and development…

TuesdayApr 24, 2018 11:17 am

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Applies Algorithmic Analytics to Look for Undiscovered Deposits at Cobalt Camp

New drilling initiative using predictive technologies now underway Company aims to generate cash flow by processing available surface minerals Plans to scale up further through acquisition Algorithms are ruling the world, according to a Guardian feature (http://ibn.fm/lsAyi), helping a variety of organizations sift through massive amounts of data and distill that data into knowledge. On financial trading platforms and dating sites, the algorithm reigns, using data analysis to seize investment opportunities and make matches. These powerful new technologies are transforming society. If they can guide our investments and find us soulmates, both very difficult undertakings, then surely they can discover…

WednesdayApr 18, 2018 3:30 pm

QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Focuses on Renowned Ontario Property to Ethically Meet Surging Cobalt Demand

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), in its goal of becoming the largest pure-play cobalt exploration and development company in the world, is focused on ethical mining in Canada. An article discussing this states, “First Cobalt has managed to sidestep the ethical concerns surrounding Central African cobalt mining, as well as the current budgetary difficulties brought on by the DRC’s fiscal policy changes, when the company made a strategic decision last year to abandon plans for an alliance over seven cobalt exploration properties in the Congolese region. The company instead decided to focus its efforts on the renowned Cobalt…

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