NetworkNewsBreaks – First Cobalt Corp. (TSX.V: F
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First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC), a pure-play cobalt company whose flagship asset is the Iron Creek Cobalt Project located in Idaho, is focused on creating a North American cobalt supply chain to serve the mounting need for the metal. An article discussing the company reads, “Cobalt has become a critically important metal because of its use as a component in rechargeable lithium-ion batteries, which are used in cars, buses, smartphones and a host of other devices. Cobalt enables rechargeable batteries to stock energy without overheating. First Cobalt’s progress at Iron Creek is tangible as crews continue exploratory drilling. Significant infrastructure is in place at the site to support multiple drills, including 600 meters of underground development and an all-weather road connecting the project to a state highway. The Iron Creek property consists of patented mining claims surrounded by unpatented mining claims covering an area of 1,698 acres.”
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