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US Cobalt's Initial Drilling Intersects High Grade Cobalt Mineralization at Iron Creek Cobalt Project
US Cobalt Inc. (the “Company“) (TSXV: USCO) (Frankfurt: 26X) (OTCQB: SCTFF) is pleased to announce analytical results from the first 13 surface core holes drilled during the 2017 exploration program at the Iron Creek cobalt project (the “Property“) in Lemhi County, Idaho, USA. The Company has completed the first 24 of a planned 40 core drill holes comprising …
US Cobalt Inc. (the “Company“) (TSXV: USCO) (Frankfurt: 26X) (OTCQB: SCTFF) is pleased to announce analytical results from the first 13 surface core holes drilled during the 2017 exploration program at the Iron Creek cobalt project (the “Property“) in Lemhi County, Idaho, USA. The Company has completed the first 24 of a planned 40 core drill holes comprising this surface core drilling campaign. The analytical results for cobalt of the first 13 core drill holes are presented in the table below – all holes encountered sulfide mineralization with significant cobalt.
As quoted in the press release:
Sr. Vice President, Exploration, Brian Kirwin commented: “These are very encouraging cobalt results, from one of the few active cobalt drilling programs in the United States.Along with the results from the underground channel sampling, US Cobalt’s drilling results continue to provide confidence in the historic work conducted by Noranda and Cominco, among others. With $27 per pound cobalt prices, close to 8 year highs, Iron Creek is showing excellent potential and we are excited to continue exploration at the project.”
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