First Cobalt Corp. FTSSF Archives - Page 13 of 14

ThursdayDec 07, 2017 9:20 am

QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Acquires Property Near Past Producing Caswell Mine

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning said it has purchased four mining claims positioned near the past producing Caswell mine in the Central Cobalt region of the Cobalt Camp in Ontario. The properties are contiguous to First Cobalt’s properties to the west of the Caswell and La Tour mines and the Thompson prospect in Central Cobalt. Additionally, the newly-acquired claims span an area that may contain the extension of structures connected to mineralization at the Caswell mine and the Thompson prospect. “Expansion of First Cobalt’s property into this highly prospective area increases the opportunity for regional exploration…

MondayDec 04, 2017 11:35 am

QualityStocksNewsBreaks –First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Reports High Grade 3.9% Cobalt in Kerr Lake

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported high grade cobalt assays to 3.9 percent at the historically-producing Juno mine, Kerr Lake area in Cobalt North (located north of the Drummond mine). The Kerr Lake surface sample results suggest that a broad hydrothermal system may exist in the area. Trent Mell, President & Chief Executive Officer, commented, “Juno is another example of a historic high grade cobalt mine on our land package that could be a target for bulk mining potential or as early feed to a centralized mineral processing facility within the Cobalt Camp. We will…

FridayDec 01, 2017 10:32 am

QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Closes Strategic Merger with Cobalt One Limited

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) announced the closing of its strategic merger with Cobalt One Limited, as well as key restructuring of its Board of Directors to include Paul Matysek, Robert (Bob) Cross and Jason Bontempo. First Cobalt now is the largest land owner in the Ontario-based Cobalt Camp and owns the only cobalt refinery in North America permitted to produce battery materials. In conjunction with the transaction, President & Chief Executive Officer Trent Mell commented, “Over a very short period we have created the largest cobalt exploration company in the world, controlling almost half of what…

ThursdayNov 30, 2017 11:48 am

QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Initiates Borehole Geophysical Surveys at Keeley-Frontier

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported the start of borehole geophysical surveys at the former producing Keeley and Frontier mines in the Ontario Cobalt Camp. Through this electromagnetic program, the company said it intends to identify a geophysical signature of cobalt mineralization intersected in recent drillholes that can be used to plan future programs. “Borehole geophysics is an important part of our exploration program to expand our understanding of vein distribution and orientation beyond what is intersected in drillholes. This is a new approach for the Cobalt Camp but one that is widely-used as a method…

TuesdayNov 28, 2017 10:20 am

QualityStocksNewsBreaks – Expansion of Sampling Program Sends First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Shares Higher

Shares of First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) jumped 37 percent in early trade after the company announced the expansion of its Cobalt Camp muckpile sampling program in Cobalt South to the Drummond Mine and Kerr Lake Area in Cobalt North to test a different style of mineralization. “First Cobalt controls 50 historic mining operations across the Cobalt Camp and this program will give us important insights into the geology, metallurgy and bulk mining potential of the Camp. Success with this program could warrant reactivating the mill and potentially the First Cobalt Refinery to produce battery materials,” company president…

MondayNov 27, 2017 10:47 am

QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Generates Interest Amid Surging Demand for Mineral

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), the holder of one of only four cobalt extraction refineries that are fully permitted in Canada, is generating interest as it works through merger negotiations expected to give it control over 50 previous mining operations situated on 10,000 hectares (24,710.5 acres) in Ontario. Cobalt has experienced a significant increase in demand and many industry experts are forecasting a continued growth pattern over the next decade. An article discussing this reads: “Within the property lines is the Keeley-Frontier mine, along with the Drummond, Silver Banner, and Bellellen mines, which formerly produced over 3.3 million…

WednesdayNov 22, 2017 9:28 am

QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Proposed Three-Way Merger Approved by CobalTech Mining, Inc. (TSX.V: CSK) Shareholders

First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that the company’s proposed three-way merger has been approved by shareholders of CobalTech Mining (TSX.V: CSK) with 95% of votes cast in favor. This news comes just two days after the company announced that Cobalt One Ltd. (ASX: CO1) shareholders also approved the merger. “We now have approval from CobalTech and Cobalt One shareholders to finalize the three-way merger and we look forward to closing both transaction over the next 2 weeks. First Cobalt now controls approximately 45% of the prospective land in the Cobalt Camp. This historic mining camp has…

WednesdayNov 22, 2017 8:30 am

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Making an Impact in Cobalt Markets

Cobalt may be ready for huge run up 75% of Li-ion batteries will contain cobalt by 2020 First Cobalt positioned as a global cobalt resource company When presented with a serious market imbalance, savvy investors often look tangentially at the impacts of the imbalance to achieve outsized capital gains. In a severe gasoline shortage, an investor may take positions in electric vehicle manufacturers knowing that long gasoline will be a crowded trade and that gasoline shortages will ripple through the market till it affects EV makers. A similar case can now be made for cobalt. Even though cobalt has risen…

TuesdayNov 21, 2017 10:48 am

QualityStocksNewsBreaks – First Cobalt Corp.’s (TSX.V: FCC) (OTCQB: FTSSF) Prospecting Program at Caswell Mine Discovers 9.4% Cobalt Sample

Cobalt exploration and development company, First Cobalt (TSX.V: FCC) (OTCQB: FTSSF), this morning reported several high grade cobalt outcrop and muckpile samples from the Caswell mine in the Cobalt Camp. The high grade mineralization at surface in the Cobalt Central area of the Cobalt Camp in Ontario, Canada was identified by a prospecting program of samples showing 9.44% cobalt, 1.27% copper and 2.92% nickel. Additionally, grab samples at the former Caswell mine confirmed high grade cobalt at surface and at shallow depths, including cobalt grades of 4.8%, 6.1% and 1.1% "In just six months of exploration activity in the Cobalt…

MondayNov 20, 2017 9:22 am

QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) to Move Forward with Merger Following Vast Approval by Cobalt One (ASX: CO1) Shareholders

Cobalt exploration and development company, First Cobalt (TSX.V: FCC) (OTCQB: FTSSF), this morning announced that the company’s proposed merger has been overwhelmingly approved by Cobalt One Ltd. (ASX: CO1) shareholders with 99.995% of votes cast in favor of the deal. The combined company’s portfolio will consist of high quality exploration assets in the Cobalt Camp in Canada as well as the sole permitted cobalt refinery in North America designed to produce battery materials. Upon completion of the merger, First Cobalt’s board of directors will be reconstructed to include First Cobalt founder Bob Cross, Cobalt One chairman Paul Matysek and Cobalt…

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