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First Cobalt Announces Exploration Program for Keeley-Frontier Project
First Cobalt Corp. (TSXV:FCC) (the “Company”) today announced its 2017 exploration program at the former producing Keeley-Frontier Mine, near Cobalt, Ontario. The $1 million program is fully funded and will commence this week. The program includes over 7,000 metres of surface drilling, including 5,000 metres at Keeley-Frontier and 2,000 metres of regional exploration drilling. As …
First Cobalt Corp. (TSXV:FCC) (the “Company”) today announced its 2017 exploration program at the former producing Keeley-Frontier Mine, near Cobalt, Ontario. The $1 million program is fully funded and will commence this week. The program includes over 7,000 metres of surface drilling, including 5,000 metres at Keeley-Frontier and 2,000 metres of regional exploration drilling.
As quoted in the press release:
Trent Mell, President & Chief Executive Officer commented:
“The Keeley-Frontier Project is a cornerstone asset and this historic mine has not seen meaningful exploration activity in over 30 years. First Cobalt’s objective is to be the first to unlock the present-day cobalt potential of this mining district with a systematic approach intended to realize the full extent of cobalt mineralization on the property and beyond.Like many of the North American gold mines developed during the last cycle, we believe that modern geoscience and mining methods have the potential to unlock value across the district. The Keeley-Frontier Project area is a key component to our strategy of delivering leveraged access to the cobalt market to meet growing global demand.”
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