First Cobalt’s interests in the Cobalt North portion of its Greater Cobalt project. (Image: First Cobalt)
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 located south of Kerr Lake in the Cobalt North area of the company’s Greater Cobalt project.
First Cobalt says the zone is a polymetallic occurrence of veins and disseminated mineralization with cobalt, silver, copper, lead, and zinc. High grade intercepts include 0.56% cobalt over 1.8 metres as well as 1.45% cobalt, 940 g/t silver and 0.44% nickel over 0.3 metre within longer intervals of mineralization including 5.0 metres of 0.10% cobalt and 4.6 metres of 0.27% cobalt. A silver intercept of 8.0 metres grading 31 g/t silver is part of the same vein network, highlighting the potential for undiscovered cobalt-rich areas near the historic mines.
The zone remains open along strike and drilling in the area is ongoing. The 2018 Cobalt North program consists of 17,000 metres with over 7,000 metres in the Kerr Lake area.
More information about First Cobalt can be found at www.FirstCobalt.com.