NetworkNewsBreaks – First Cobalt Corp. (TSX.V: F
Post# of 163
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 Camp in Ontario, where it has become the largest landowner in a region that historically produced the mineral and left about 50 sites that form “advanced exploration targets ready for immediate work” (http://nnw.fm/r6Ilb). Its ethical advantage also has the potential to translate into economic revitalization of the nearby community aptly named Cobalt.”
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