First Cobalt Corporation
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COBALT: First Cobalt considers restart of refinery
ONTARIO – Three independent studies done for First Cobalt of Toronto all support starting the cobalt refinery in the town of the same name. The studies looked at capital requirements, operating costs, permit renewal timelines, potential feedstock sources, and offtake…
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First Cobalt tables initial resource at Iron Creek in Idaho
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has tabled its first resource estimate for its 100%-owned Iron Creek cobalt project in Idaho. The project contains 29.6 million tonnes grading 0.08% cobalt and 0.3% copper or 0.11% cobalt equivalent for 45 million lb.…
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Technology Metals Snapshot: Eight juniors step up to meet the tech-metal challenge
The wider use globally of advanced technologies such as electric vehicles has led to a boom in juniors developing technology-metal assets, with an emphasis on lithium, cobalt, vanadium and rare earths. Here is a look at eight such juniors active…
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COBALT: First Cobalt doubles length of Kerr zone
ONTARIO – Toronto’s First Cobalt Corp. says recent drilling has allowed it to trace the mineralization of the recently discovered Kerr #2 zone to twice what it was before. The zone extends over 200 metres. The Kerr #2 zone is…
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COBALT: First Cobalt begins testing refinery residue, waste piles
ONTARIO – Toronto-headquartered First Cobalt Corp. has begun metallurgical testing of high grade refinery residue and crushed waste at its mill in Cobalt. This study could provide the company with an early source of cash flow. Testing will be done…
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COBALT: First Cobalt offers $150M for US Cobalt
TORONTO – First Cobalt is making an all-share offer for U.S. Cobalt of Vancouver. The deal is worth an estimated $149.9 million. First Cobalt is offering to exchange each U.S. Cobalt share for 1.5 First Cobalt shares. The exchange ratio…
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COBALT: More high grades from Bellellen for First Cobalt
ONTARIO – First Cobalt Corp. of Toronto has confirmed the presence of high grade cobalt-nickel mineralization at the historic Bellellen mine at the former town of Silver Centre. The best grades came from the known vein system south of the…
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First Cobalt finds new mineralization at Keeley
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has found near-surface disseminated cobalt and silver mineralization outside the veins that were the focus of historic underground mining at its Keeley project near Cobalt, Ontario. Drill hole KF-WV-0013, in the southern portion of the…
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Juniors fueling new cobalt rush in Northern Ontario
Cobalt is the new gold
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COBALT: First Cobalt completes first phase of muck pile sampling program
ONTARIO – First Cobalt Corp. of Toronto says it has completed the initial phase of muck pile sampling at its properties in the Cobalt camp. Over 400 samples were collected from two different geological settings – in the north near…
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COBALT: First Cobalt outlines $7M exploration program for 2018
ONTARIO – First Cobalt of Toronto has set aside $7 million for its 2018 exploration program on its Cobalt Camp properties in Northern Ontario. Thirteen targets – 10 of which are near historic mines – will receive 26,000 metres of…
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COBALT: Private placement to raise $25M+ for First Cobalt
TORONTO – First Cobalt Corp. has arranged a bought deal private placement of flow-through and common share units. Each unit will consist of one share and one-half a share purchase warrant. The company will issue 4.7 million flow-through units at…
