First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Reports Encouraging Cobalt Assay Results in Canada, Adds Drill Rigs to Idaho Project

July 16, 2018 11:37:18
  • Several cobalt mineralization intervals identified within Kerr Area of Canadian Cobalt Camp contain multiple, closely spaced cobalt-silver veins
  • Two surface drilling rigs added to Iron Creek Cobalt Project in Idaho to accelerate drilling results, complement ongoing underground drilling
  • Demand for cobalt in vehicle battery materials is expected to grow over 40 percent in 2018
  • Cobalt identified as a “critical metal” by U.S. as demand accelerates with global push toward electric vehicles

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) recently reported encouraging drill assay results indicating near surface cobalt mineralization trends in the Kerr area within its Canadian Cobalt Camp location. Trent Mell, president and CEO of First Cobalt, noted that results retrieved from the first six holes of 15 drilled along the strike extent of the historic Kerr Lake and Drummond Mines, where several silver veins are known to occur, reflect cobalt-silver mineralization as closely spaced veins.

“The results reported today are just 400 metres north of the Kerr #2 Zone, providing great encouragement to our vision of large scale open pit mining in the Cobalt Camp,” Mell stated in a…

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