- Company is largest landowner in historic Cobalt Camp, with more than 50 past-producing mines and a mill
- Worldwide demand for cobalt, an essential component in renewable batteries, expected to become critical
- Assay results indicate potential zone of cobalt mineralization tracked across more than 100 meters
Positive assay results from exploratory drill holes taken from a prospective zone of cobalt mineralization near a mine owned by First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) are seen as ‘significantly promising’. First Cobalt president and CEO Trent Mell announced the assay results, retrieved from samples taken near the Kerr Mine in the Cobalt North area of the Cobalt Camp in Ontario, Canada, in a news release (http://nnw.fm/zLa6b). The region is laden with more than nine past-producing underground mines that once offered up to 37 million ounces of silver and more than 900,000 pounds of cobalt.
“Cobalt North showed significant promise during the 2017 surface sampling and mapping work,” Mell stated in the news release. “These initial results confirm…
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