NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Considers Potential Need to Restart and Expand Cobalt Extraction Refinery
Jul 6, 2018
Cobalt exploration and development company First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) is assessing the potential need to restart and expand its cobalt extraction refinery, which is the only currently permitted refinery of its kind in North America that is capable of producing battery-grade material. An article discussing the company reads: “The 19th century rush for easy gold led to Idaho’s establishment as a U.S. territory, but, in the modern era, the gem state is known for a variety of important natural resources that may not glitter as much as the yellow ore. Among those resources, diamond extraction led to the parallel establishment of the rich Idaho Cobalt Belt, a unique example of seal-floor hydrothermal brines that comprise a distinctive geochemistry (http://nnw.fm/EU58h), as well as a new alternative to Africa’s conflict-mineral production for the high-tech battery market. First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) is preparing a new resource estimate on its promising property within the belt to replace the historic estimate (non-compliant with NI 43-101) of 1.3 million tons grading 0.59 percent cobalt (http://nnw.fm/cUwF5).”
To view the full article, visit http://nnw.fm/seNE8
About First Cobalt Corp.
First Cobalt Corp., with headquarters in Canada, is a vertically integrated North America pure-play cobalt company. First Cobalt has three significant North American assets: the Iron Creek Project in Idaho, which has a historic mineral resource estimate (non-compliant with NI 43-101) of 1.3M tons grading 0.59% cobalt; the Canadian Cobalt Camp, with more than 50 past producing mines; and the only permitted cobalt refinery in North America capable of producing battery materials. For more information, visit http://nnw.fm/FTSSF
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