NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Reports High Grade Mineralization at Iron Creek Cobalt Project
First Cobalt (TSX.V: FCC) (OTCQX: FTSSF), a vertically integrated North American pure-play cobalt company, this morning reported drill results from its Iron Creek Cobalt Project in Idaho. Per the update, the results identify a high grade zone at the western extent of the current Inferred Resource, which is still open along strike and at depth. Among other highlights, the drilling confirms cobalt and copper metal zonation, including higher grade copper and cobalt zones with cobalt remaining as the dominant resource metal. Drilling is ongoing to extend the strike length of the mineralized zone and test down dip extensions of known cobalt-copper zones. In addition, a bore-hole geophysical survey will begin later this month to identify extensions of known mineralization to define new drilling targets and to characterize magnetic and electro-magnetic properties of mineralization. “High grade cobalt and copper zones within wider mineralized zones, such as those reported here, expand our options for development as we look to the future of this project. As work advances, I am repeatedly impressed by the increasing potential of this resource and look forward to updating our mineral resource estimate in early 2019 with results from the ongoing program,” First Cobalt President & Chief Executive Officer Trent Mell stated in the news release.
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First Cobalt (TSX.V: FCC) (OTCQX: FTSSF), a vertically integrated North American pure-play cobalt company, this morning reported drill results from its Iron Creek Cobalt Project in Idaho. Per the update, the results identify a high grade zone at the western extent of the current Inferred Resource, which is still open along strike and at depth. Among other highlights, the drilling confirms cobalt and copper metal zonation, including higher grade copper and cobalt zones with cobalt remaining as the dominant resource metal. Drilling is ongoing to extend the strike length of the mineralized zone and test down dip extensions of known cobalt-copper zones. In addition, a bore-hole geophysical survey will begin later this month to identify extensions of known mineralization to define new drilling targets and to characterize magnetic and electro-magnetic properties of mineralization. “High grade cobalt and copper zones within wider mineralized zones, such as those reported here, expand our options for development as we look to the future of this project. As work advances, I am repeatedly impressed by the increasing potential of this resource and look forward to updating our mineral resource estimate in early 2019 with results from the ongoing program,” First Cobalt President & Chief Executive Officer Trent Mell stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
