Canadian Mining Journal

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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 historic Keeley mine, returned a 30-metre intercept grading 0.07% cobalt starting from 22.8 metres down hole. The intercept included 15.7 metres of 0.12% cobalt and 6.2 metres of 0.21% cobalt.

Overall, the drill hole returned 72 metres of anomalous cobalt grading 0.043% starting from 15 metres below surface.

Continue reading at The Northern Miner.