First Cobalt Corp. (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) (the “Company”) is pleased to announce high grade cobalt assays up to 2.01% cobalt from surface sampling near the past producing Hamilton mine in Cobalt North.
As quoted in the press release:
“We are continuing to validate these high grade areas of the Cobalt Camp. Broader mineralized systems with lower average grades are more attractive longer term targets as they hold potential for large low-cost, open pit operations,”commented President & Chief Executive Officer, Trent Mell. “These high grade areas may represent the centre of a broader mineralized system similar to the zones recently identified in Cobalt South. The high grade zones could provide early feed for startup operations. Hamilton is one of several areas we plan to explore in 2018 with more than 15,000 metres planned in Cobalt North.”