NetworkNewsBreaks – First Cobalt Corp. (TSX.V: F
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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 work in keeping with the Company’s intention to identify bulk cobalt mining opportunities. Cobalt Central was historically underexplored yet the Caswell mine to the east of these claims boasts one of the highest historic cobalt-to-silver ratios within the Camp making this region highly attractive for continued exploration,” First Cobalt president & chief executive officer Trent Mell stated in the news release.
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