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First Cobalt (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) (the “Company”) today announces additional drill results from the Woods Extension Zone of Cobalt South in the Canadian Cobalt Camp. Cobalt mineralization has been identified in breccia zones as well as faults, reflecting a complex structural setting that warrants further drilling. As quoted in the press release: …
First Cobalt (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) (the “Company”) today announces additional drill results from the Woods Extension Zone of Cobalt South in the Canadian Cobalt Camp. Cobalt mineralization has been identified in breccia zones as well as faults, reflecting a complex structural setting that warrants further drilling.
As quoted in the press release:
“We remain encouraged by the cobalt potential of the Woods Extension Zone. Broad breccia areas have not been seen previously at either the Frontier or Keeley Mines and new fault zones continue to be found. We have confirmed cobalt occurs in two different structures at relatively shallow depths that may extend to surface. The key objective of the 2018 exploration program is to identify potential targets in the Cobalt Camp that could be amenable to open pit mining,” Trent Mell, President & Chief Executive Officer, said.
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