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First Cobalt Corp.
Summary
| Project: | Keeley-Frontier | |
|---|---|---|
| Deposit: | Woods, Watson | |
| Location: | Canada | |
| Commodities: | Cobalt-Silver | |
| Date: | 1/11/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-1-2018: First Cobalt Corp. announces an Exploration/Drilling Update report for its Woods, Watson deposit at the Keeley-Frontier project. Drilling results incl. 0.4m @ 0.57% Co, 2g/t Ag, 1.4% Ni from 107.5m. TORONTO, ON — (January 10, 2018) – First Coba | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Frank Santaguida (Internal) | |
| ABSTRACT: | TORONTO, ON — (January 10, 2018) – First Cobalt Corp. (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) (the “Company”) is pleased to announce positive assay results from two holes intersecting cobalt mineralization on two separate veins in the Woods Extension area of the Cobalt Camp, Ontario. One intersection occurs along strike of the Watson vein and the other is likely a new vein between the Woods and Watson veins. These intercepts, in conjunction with previous results from this area, suggest a broad deformation zone of mineralization may exist between the Woods and Watson veins. Trent Mell, President & Chief Executive Officer, commented: “Drill results from Woods Extension continue to prove exciting during these early days of our Cobalt Camp drilling. All drill holes in this area have hit meaningful values of cobalt or other metals and the mineralization is open along strike northward. It is noteworthy that cobalt mineralization has been intersected to the north and south of the historic Keeley and Frontier mines, where the focus was silver mineralization.” The Woods and Watson veins accounted for over 80% of the production in the southern end of the Cobalt Camp area known as Silver Centre. The veins were previously believed to have ended at an east-west fault. Assays in this area, however, show the vein system extends northward beyond the historic mine workings, in an area previously unexplored (Figure 1) | |
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