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Monday, December 04, 2017 11:03:33 AM
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 continue to confirm the grade variability and size of these mines in the 2018 exploration program as the first step to establishing a flow sheet for cobalt production in the Cobalt Camp.” In addition, Trent Mell recently discussed First Cobalt’s 2017 success in an interview with Uptick Newswire (http://nnw.fm/Ve87s).
To view the full press release, visit http://nnw.fm/kE7eP
About First Cobalt
First Cobalt’s objective is to create the largest pure-play cobalt exploration and development company in the world. Upon completion of the mergers with Cobalt One Ltd. and CobalTech Mining Inc., First Cobalt will control over 10,000 hectares of prospective land and 50 historic mining operations in the Cobalt Camp in Ontario, Canada as well as a mill and a permitted refinery facility. For more information, visit www.FirstCobalt.com.
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