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US Cobalt has announced first results from its 2018 underground drill program at the Iron Creek project in Idaho, USA.
US Cobalt (TSXV:USCO) has announced first results from its 2018 underground drill program at the Iron Creek project in Idaho, US.
Results continue to indicate the strength and size potential of the Iron Creek mineralization as indicated by substantial true widths of cobalt mineralization.
As highlighted in the press release:
- 0.47 percent cobalt equivalent over 31.9 feet (9.7 meters) (0.46 percent cobalt + 0.05 percent copper)
- Including 0.64 percent cobalt equivalent over 18.1 feet (5.5 meters) (0.64 percent cobalt + 0.07 percent copper)
- Within 183.1 feet (55.8 meters) of 0.21 percent cobalt equivalent (0.18 percent cobalt + 0.26 percent copper)
As quoted in the press release, president of US Cobalt Wayne Tisdale said:
“We continue to increase the known strike length at the Iron Creek Project as we work towards a maiden resource estimate later this year. US Cobalt has already begun to work closely with First Cobalt ahead of the upcoming close of the recently approved acquisition by First Cobalt. We are pleased by the overwhelming support this transaction has received, and US Cobalt shareholders will benefit from a meaningful position in a leading vertically integrated pure-play North American cobalt company that is fully funded to execute on the 2018 programs.”
Click here to view the full US Cobalt (TSXV:USCO) press release.
