NetworkNewsBreaks – First Cobalt Corp. (TSX.V: F
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Posted On: 12/11/2017 6:24:35 PM
NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Holds Interests in Key Mineral Rights to a Region Rich with Potential
Due to its unique properties that allow electric cars to extend range between charges, the demand for cobalt is expected to sky-rocket. It is projected that 75 percent of lithium-ion batteries will contain cobalt by 2020 (http://nnw.fm/K8M9u). First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) is at the forefront of this demand and positioned as a global resource in rapidly assembling one of the world’s largest pure-play cobalt portfolios. A recent article highlights the company’s interests in a region ripe with potential stating, “The company holds interests in key mineral rights in a region that boasts historic production of 50 million pounds of cobalt and 600 million ounces of silver mined over a 60-year period. Cobalt is produced as a by-product of mining other metals like nickel, copper or, in this case, silver. First Cobalt’s location is easily accessible and has excellent infrastructure nearby. First Cobalt holds one of only four fully-permitted cobalt extraction refineries in Canada and, given deals in play, the company is likely to soon control over 10,000 hectares of prospective land and 50 historic mining operations in Canada.”
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Due to its unique properties that allow electric cars to extend range between charges, the demand for cobalt is expected to sky-rocket. It is projected that 75 percent of lithium-ion batteries will contain cobalt by 2020 (http://nnw.fm/K8M9u). First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) is at the forefront of this demand and positioned as a global resource in rapidly assembling one of the world’s largest pure-play cobalt portfolios. A recent article highlights the company’s interests in a region ripe with potential stating, “The company holds interests in key mineral rights in a region that boasts historic production of 50 million pounds of cobalt and 600 million ounces of silver mined over a 60-year period. Cobalt is produced as a by-product of mining other metals like nickel, copper or, in this case, silver. First Cobalt’s location is easily accessible and has excellent infrastructure nearby. First Cobalt holds one of only four fully-permitted cobalt extraction refineries in Canada and, given deals in play, the company is likely to soon control over 10,000 hectares of prospective land and 50 historic mining operations in Canada.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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