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First Cobalt Corp.
Summary
| Project: | Iron Creek | |
|---|---|---|
| Deposit: | Waite Zone | |
| Location: | United States | |
| Commodities: | Cobalt-Copper | |
| Date: | 7/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-7-2018: First Cobalt Corp. announces an Exploration/Drilling Update report for its Waite Zone deposit at the Iron Creek project. Drilling results incl. 24.6m @ 0.28% Co, 0.22% Cu from 78.15m . TORONTO, ON — (July 19, 2018) – First Cobalt Corp. (TSX-V: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Frank Santaguida (Internal) | |
| ABSTRACT: | TORONTO, ON — (July 19, 2018) – First Cobalt Corp. (TSX-V: FCC; ASX: FCC; OTCQX: FTSSF) (the “Company”) is pleased to announce that drilling from underground at the Iron Creek Cobalt Project in Idaho, USA continues to extend mineralization beyond the extents of the historic resource. Results from six drill holes completed at the western extension of the mineralized zones validate previously reported intersections which have, to date, extended the total strike length of the Waite Zone to 520 metres along a dip length of more than 250 metres. Trent Mell, President & Chief Executive Officer, commented: “Drilling continues to extend the strike and dip extent of the Iron Creek Project beyond the boundaries of the maiden resource estimate expected in October. The consistency of cobalt grades across wider widths and the higher copper grades were expected and are encouraging. These results support further testing the western strike extension of Iron Creek for a second resource estimate in early 2019.” First Cobalt’s 30,000-metre 2018 drill program for the Iron Creek Project in Idaho, USA is designed to extend the strike length of the mineralized zone to over 1,000 metres and test down dip extensions of known cobalt-copper zones to over 300 metres below surface. The assay results from six holes drilled underground at the western extension of the cobalt-copper mineralized zones infill the strike and dip extensions to mineralization in the western portion of Waite Zone (Figure 1). | |
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