First Cobalt is pleased to announce a $9 million work program for the Iron Creek Project in Idaho, USA, which it acquired on June 4, 2018.
First Cobalt (TSX-V: FCC) (ASX: FCC) (OTCQX: FTSSF) is pleased to announce a $9 million work program for the Iron Creek Project in Idaho, USA, which it acquired on June 4, 2018. The company intends to publish a mineral resource estimate by October 2018 and complete an additional 30,000 metres of drilling designed to double the mineralized zone along strike beyond the area drilled in 2017.
As quoted in the press release:
“First Cobalt acquired US Cobalt because we believe that Iron Creek is one of the most prospective and advanced projects in North America. With a historic resource estimate, patented land and 600 metres of underground development, Iron Creek is a prized high grade primary cobalt asset in a great mining jurisdiction. Today’s budget and work program is a testament to our conviction about this cobalt-copper projects’ ability to be expanded and ultimately fast-tracked for future production in North America,” Trent Mell, President and CEO, said.