First Cobalt Begins Assessment of Economic Potential of Historic Muckpile Material

First Cobalt Corp. (TSX VENTURE:FCC)(OTCQB:FTSSF) (the “Company”) is pleased to announce an extensive sampling program at historic mining operations in the Cobalt Camp in Ontario. The program is intended to provide new insights into the distribution of cobalt, silver, nickel and copper from underground waste material brought to surface at these historic mining operations. Over the history of the Camp, mines focused on high grade silver whereas cobalt and other payable metals were largely discarded as waste material.
As quoted in the press release:

Trent Mell, President & Chief Executive Officer, commented:
“With over 100 historic mining operations across the Cobalt Camp, First Cobalt can gain meaningful early insight into the geology, metallurgy and bulk mining potential of the Camp though this program. In tandem with ongoing exploration, this sampling program is a cost-effective way to understand the potential of this district and one that can be repeated across our post-merger land package. Success with this program could warrant reactivating the mill and potentially the refinery to produce refined battery materials and generate early cash flow.”

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