NetworkNewsBreaks – First Cobalt Corp. (TSX.V: F
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Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced that drill results from the Iron Creek Project in Idaho continue to further cobalt mineralization in the Waite Zone, which is positioned south and parallel to the historic No Name Zone, by an additional 50 meters to the west and to surface. Mineralization has also been intercepted beyond the footwall of the Waite Zone, indicating new targets for future drilling. Additionally, a metallurgical study has commenced to assess concentration methods and resulting recoveries for cobalt and copper. “These results show that the Waite Zone mineralization contains strike length similar to the No Name Zone and likely extends to surface. The Iron Creek Project results in Idaho have been very compelling and the expanded program on our patented land package will allow us to unlock value at an accelerated pace. First Cobalt has a strong treasury and is well positioned as a vertically integrated North American cobalt pure play,” First Cobalt President & CEO Trent Mell stated in the news release.
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