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First Cobalt Corp.

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Summary

Project:

Keeley-Frontier

Deposit:Keeley-Frontier
Location:Canada
Commodities:Cobalt-Silver
Date:11/3/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:3-11-2017: First Cobalt Corp. announces an Exploration/Drilling Update report for its Keeley-Frontier deposit at the Keeley-Frontier project. Drilling results incl. 0.48m @ 0.83% Co, 30g/t Ag. TORONTO, ON — (November 2, 2017) – First Cobalt Corp. (TSX-V:
Resources:x
CP/QP:[Overall Report]: Frank Santaguida (Internal)
ABSTRACT:TORONTO, ON — (November 2, 2017) – First Cobalt Corp. (TSX-V: FCC, OTCQB: FTSSF) (the “Company”) announces early assay results from the Keeley-Frontier drill program. First Cobalt’s 2017 drill campaign is targeting cobalt mineralization over a total two kilometre strike length, representing less than two percent of a pro forma land package with several known historic cobalt-rich mines. Trent Mell, President & Chief Executive Officer, commented: “Ahead of the upcoming Cobalt One and CobalTech shareholder votes later this month, these early results are quite timely. Finding evidence of cobalt mineralization in an area previously believed to be barren is positive news but not a surprise, as this historic camp has seen very little exploration over the past 50 years. We are very encouraged to see the polymetallic nature of the mineralization across the Cobalt Camp, as this suggests that a broader hydrothermal system exists beyond the historically mined veins. This is a geologically complex, target-rich land package that will require further interpretation and I am proud of our team’s progress in our first six months.” To date assays have been received from eight holes from three target areas: Woods Vein Extension, Haileybury and Frontier 1. First Cobalt has completed 61 holes in its maiden drill campaign in the Ontario Cobalt Camp.

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