Continued Positive Results From Formation Metals’ Cobalt Mine

Formation Metals Inc. (TSX:FCO)  announces that its’ 100% owned subsidiary, Formation Capital Corporation reports more positive results from its’  Idaho Cobalt drilling project.

The press release is quoted as saying:

The primary goal of the optimization study is to maximize ore production as early in mine life as possible with a resulting positive impact on the overall economics of the project. The drill program, to date, has also confirmed economic ore grade mineralization for an additional 230 feet along strike to the south and 200 feet down dip. This data is expected to increase the reserve / resource base and mine life of the Idaho Cobalt Project .

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