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First Cobalt Corp.
Summary
| Project: | Iron Creek | |
|---|---|---|
| Deposit: | Iron Creek | |
| Location: | United States | |
| Commodities: | Cobalt-Copper | |
| Date: | 11/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-11-2018: First Cobalt Corp. announces an Exploration/Drilling Update report for its Iron Creek deposit at the Iron Creek project. Drilling results incl. 53.5m @ 0.31% Co, 0.31% Cu from 151.8m. TORONTO, ON — (November 19, 2018) – First Cobalt Corp. (TSX | |
| Resources: | (Resource, Inf.): 29.6Mt @ 0.08% Co, 0.30% Cu for 45.4Mlbs Co, 175.4Mlbs Cu contained | |
| CP/QP: | [Overall Report]: Frank Santaguida (Internal) | |
| ABSTRACT: | TORONTO, ON — (November 19, 2018) – First Cobalt Corp. (TSX-V: FCC; ASX: FCC; OTCQX: FTSSF) (the “Company”) is pleased to report that drill results from its Iron Creek Cobalt Project in Idaho, USA extend mineralization at depth and demonstrate additional mineralization between the two known zones as well as in the footwall of the Waite Zone. Trent Mell, President & Chief Executive Officer, commented: “Today’s results infill and extend mineralization at depth between the eastern and western extents of the known resource area. We also continue to intercept higher grade mineralization between the two main zones. These results confirm the continuity and consistency of mineralization predicted by our geological model and add further support for the development vision for the future of the project as we build towards the updated resource estimate in early 2019.” Drilling is ongoing to extend the strike length of the mineralized zone from over 500 metres to over 1,000 metres and test down dip extensions of known cobalt-copper zones from 150 metres to over 300 metres below surface. Results reported today include three holes in the central portion of the Iron Creek resource and three holes at the eastern margin of the known resource (Figures 1 and 2). | |
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