NetworkNewsBreaks – First Cobalt Corp. (TSX.V: F
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Cobalt exploration and development company First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) this morning announced that it is now drilling from the surface and underground at its Iron Creek Cobalt Project as two additional drill rigs have been mobilized. The addition of two surface rigs will accelerate drilling results and complement ongoing underground drilling at the project. Surface drilling stations were built earlier this year and both rigs have commenced operation. “Our confidence level in the growing footprint of the Iron Creek project warrants an acceleration of drilling activities. A maiden resource estimate is underway and will be available by October. We believe Iron Creek is an important part of the pipeline of cobalt concentrate we intend to feed into the First Cobalt Refinery in Ontario and the addition of two more drill rigs will significantly speed up activities,” First Cobalt president and chief executive officer Trent Mell stated in the news release.
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