Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced its acquisition of five unpatented claims located in the North Cobalt region of Ontario’s Cobalt Camp. Per the update, three of these claims are contiguous to the company’s properties to the east of the Silver Banner and Ophir mines. “This area of North Cobalt is of particular interest as some of the more significant past-producing cobalt mines are nearby, including the Silver Banner mine where we reported high grade cobalt samples,” Trent Mell, president and CEO of First Cobalt Corp., stated in the news release. To date, limited exploration has been conducted on these newly purchased claims. As a result, First Cobalt intends to conduct mapping, as well as soil and till geochemical surveys, as part of a grassroots exploration program in the summer of 2018.
To view the full press release, visit http://dtn.fm/JPed5
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About First Cobalt Corp.
First Cobalt is the largest land owner in the Cobalt Camp in Ontario, Canada. The Company controls over 10,000 hectares of prospective land and 50 historic mines as well as a mill and the only permitted cobalt refinery in North America capable of producing battery materials. First Cobalt began drilling in the Cobalt Camp in 2017 and seeks to build shareholder value through new discovery and growth opportunities. For more information, visit www.FirstCobalt.com
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