First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

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First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Thu Nov 02, 2017 1:35 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), with headquarters in Canada, seeks to create the world's largest pure-play cobalt exploration and development company. The company's current focus is on its Greater Cobalt Project located in Silver Centre, Ontario. The company is also in the midst of a three-way merger with Cobalt One Ltd. and CobalTech Mining Inc. and on completion First Cobalt will control over 10,000 hectares of prospective land and 50 historic mining operations in the Cobalt Camp in Ontario, Canada, as well as a mill and a permitted refinery facility.

The merger agreements with Cobalt One Ltd. and CobalTech Mining Inc., announced earlier this year, will result in a combined land position of more than 10,000 hectares (nearly 25,000 acres) in the Cobalt Camp containing approximately 50 past cobalt/silver producers and working mines. Initial test results from a mineralogical assessment of sample material taken from various historical mines located throughout the Cobalt Camp show both cobalt-rich and silver-rich mineralization styles. Samples taken at the former Bellellen mine, located within the Greater Cobalt Project in Ontario, show high grade cobalt assays, prompting First Cobalt to increase its drilling program at that site.

First Cobalt Corp. is moving quickly to leverage its potential against an economic background that estimates global consumption for refined cobalt is set to grow at an average rate of approximately 5 percent per annum for the next 10 years. The electric vehicle market, in particular, is driving this sector since more than 50 percent of the world's current production of cobalt is used in the manufacture of rechargeable lithium-ion batteries. The global lithium-ion battery market, as estimated by Zion Market Research, indicates the value at around USD $31 billion in 2016 and is expected to generate revenue of nearly USD $68 billion by end of 2022, growing at a compound annual growth rate of slightly above 17 percent.

The company's clear pathway to production and cash flow generation includes being one of only four fully permitted cobalt extraction refineries in Canada with significant material and processing infrastructure on site. With the price of cobalt increasing significantly and its importance in the growing battery market underpinning a strong long-term demand forecast, First Cobalt Corp. and its mining interests are primed for success.

First Cobalt Corp. President and CEO Trent Mell, a mining executive and capital markets professional with extensive international transactional experience, is joined by a team of reputable and seasoned deal-makers, mine builders and mine operators with decades of global experience in exploration, business development, geoscience, engineering and finance.
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Mon Nov 06, 2017 6:08 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Set to Present at Two November Conferences

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that its management team will be presenting at two upcoming conferences, including the Precious Metals Summit in Zurich and the Eight Capital Battery Conference in Toronto. At the Precious Metals Summit, Dr. Frank Santaguida, First Cobalt’s vice president of exploration, will present on Wednesday, November 8 at 10:00 am (UTC+1). The presentation will be webcast live at http://nnw.fm/QG7Jw. At the Eight Capital Battery Conference, president and CEO Trent Mell will be presenting on November 15 at 11:25 am (UTC-5). Per this morning’s update, First Cobalt Corp. will also be available for one-on-one meetings during both conferences.
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Thu Nov 09, 2017 6:54 pm

Electric Vehicles Demand & Ethical Concerns of Congo Present Opportunity for Cobalt Companies focused on North America

NetworkNewsWire Editorial Coverage: In July 2017, France and Britain declared their intention to prohibit the sale of cars operating on fossil fuels by 2040 (http://nnw.fm/PnY5f), opening the door for automotive manufacturers to focus their future developments on electric vehicles (EVs). Cobalt is a critical element of the lithium-ion batteries used in EVs, and investors are starting to take notice that increasing demand for electric cars will likely push cobalt into a supply deficit, sending prices of the metal higher. As a result, cobalt producers are employing their expertise in geosciences and exploration to develop current mining assets and search for new deposits. Prominent among them is First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) (FTSSF profile), a Canadian company focused on the development of its assets in the Cobalt Camp of Ontario mining area. First Cobalt is joined by Swiss-based Glencore Plc (OTC: GLNCY), Freeport-McMoRan, Inc. (NYSE: FCX), eCobalt Solutions, Inc. (OTC: ECSIF) and other companies endeavoring to meet the increased demand of cobalt from Tesla, Inc. (NASDAQ: TSLA) and other automakers leaning toward electric vehicles.

Nearly all the cobalt mined throughout the world is found as a by-product of nickel or copper, and on some occasions silver. The Democratic Republic of the Congo (DRC) is currently the largest producer of cobalt globally. However, the DRC is not attractive from an investment point of view due to the numerous incidents of unrest and political instability in the country. In addition, its mining industry is rife with exploitation and the use of child labor. This has led new cobalt producers to focus their mining and exploration efforts on North America.

While First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) is primarily focused on its Greater Cobalt Project located near the aptly named Cobalt, Ontario, the company is in the middle of a three-way merger with Cobalt One Ltd. (ASX: CO1) and CobalTech Mining Inc. (TSX.V: CSK). Once the merger is finalized, First Cobalt will control over 10,000 hectares (nearly 25,000 acres) of prospective land and more than 50 historic mining operations in the Cobalt Camp in Ontario, Canada, as well as a portfolio of high-quality exploration assets, including a fully permitted refinery and a mill facility.

The Cobalt Camp is of considerable interest to the company, as an initial mineralogical assessment of sample material taken from various historical mines located throughout the Cobalt Camp show both cobalt-rich and silver-rich mineralization styles.

Earlier this week First Cobalt reported high-grade (up to 1.14 percent) cobalt from muckpile sampling at the historic Silver Banner mine at the northern part of the Cobalt Camp. These results confirm the presence of a productive vein system in the area, similar to that seen at the company’s Bellellen (located within the Greater Cobalt Project), Keeley and Frontier mines.

“We have quickly identified several prospective cobalt targets within the First Cobalt, CobalTech and Cobalt One land packages and we are confident others will follow. As with Bellellen and Drummond, the positive results at Silver Banner make it an excellent candidate for additional work. The next task is to prioritize these targets for more focused exploration work and drilling through the winter months,” First Cobalt president and CEO Trent Mell stated in the news release announcing the results (http://nnw.fm/h2EYi).

A look at the historic production of Silver Banner further emphasizes the company’s optimism in the underexplored mafic volcanic rocks at the mine.

Mining at Silver Banner occurred intermittently from 1927 to 1958, producing approximately 40,000 oz of silver, some copper and unspecified amounts of cobalt. First Cobalt believes that the short production history of this mine may be attributed to a cobalt-rich and silver-poor vein system, making Silver Banner an “attractive drilling target for 2018” and a “high priority for immediate work.”

The company’s next step is to conduct follow-up work including shallow drilling near the historic workings to define the orientation of the vein system and test for the metal content of the veins as well as in the footwall and hangingwall rocks. Because similar mineralization occurs at the nearby historic Ophir mine, follow-up exploration work is being done over an area spanning approximately 25 square kilometers (9.65 square miles).

With strategic human capital in geosciences, mining, engineering and business development, First Cobalt is in a strong position to leverage its potential against an economic background that forecasts global consumption for refined cobalt will grow at an average rate of approximately 5 percent per annum for the next 10 years.

Furthermore, its focus on North America sets it apart from key industry players such as Glencore Plc (OTC: GLNCY), a mining giant with a market cap of over $70 billion. Though the company produces nearly a third of the world’s cobalt annually, nearly two-thirds of its supply comes from the DRC, which has experienced a drop in cobalt production this year due to political instability. This resulted in a jump in cobalt prices, which reached $61,000 per ton in July 2017. Glencore’s third-quarter results for 2017 showed cobalt production from its own sources of 19.8 kilotons year-to-date, a drop of 6 percent over the same period in 2016.

In May 2017, the world’s largest publicly traded copper mining company, Freeport-McMoRan (NYSE: FCX) sold a majority stake in its Congolese Tenke Fungurume mine to the China Molybdenum Co Ltd (CMOC) for $2.65 billion. Freeport had a 70 percent holding in TF Holdings, which in turn held an 80 percent interest in the Tenke Fungurume copper mine, which is also one of the DRC’s largest cobalt producers. In June 2017, the company agreed to terminate discussions with CMOC on the acquisition of its other cobalt assets, which include the Kokkola cobalt refinery in Finland and the Kisanfu exploration project in the DRC. But Freeport still intends to retain its cobalt business interests via a supply agreement with the Tenke Fungurume mine for the next 10 years at least. Freeport has a market cap of over $21 billion.

Another key industry player is eCobalt Solutions (OTC: ECSIF), a Canadian company with interests in base and precious metals, as well as uranium projects in Canada, the United States and Mexico. The company’s cobalt interests are focused on the Idaho Cobalt Project (ICP), one of the few primarily cobalt deposits in the world, which leaves it unaffected by copper and nickel markets. eCobalt sees this development as an opportunity to divorce itself from the risks of operating in the volatile and politically unstable DRC. Initial engineering studies have indicated that this project has the potential to produce cobalt of high purity, which would be suitable for applications in aerospace.

On track to become one of the world’s largest producers of lithium ion batteries, Tesla (NASDAQ: TSLA) will stand to benefit from – if not rely on – increased cobalt supply from North America. Valued at $51+ billion, Tesla’s primary focus is to develop reliable and affordable electric cars. In 2015 Tesla launched its Gigafactory to meet its goal of producing 500,000 cars per year by 2018. This lofty goal would require today’s entire global supply of lithium-ion batteries, according to the electric carmaker’s website. As it stands, there is not enough cobalt production to meet the supply demands from Tesla and Chinese and European automakers over the next five years, according to a recent Financial Times article.

This fact underscores the market potential for small and large-cap cobalt players willing to shift their focus and operations to areas outside the DRC and take advantage of increasing demand for cobalt amid heightened interest and push for EVs worldwide.

For more information on First Cobalt Corp., visit First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF).
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Tue Nov 14, 2017 6:00 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Digs in to Fulfill World Demand for Cobalt

- Surge in electric vehicles is fueling global demand for cobalt, a key ingredient in rechargeable batteries
- Automakers are leading the charge in seeking a stable cobalt supply
- Cobalt stocks are a bright spot for investors as the commodity’s price is projected to rise

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), based in Canada, is building the largest pure-play cobalt exploration company in the world. The company is generating significant interest in the mining industry and among investors, as it holds one of only four fully-permitted cobalt extraction refineries in Canada. Upon completion of two mergers currently underway with Cobalt One Ltd. and CobalTech Mining Inc., First Cobalt will control over 10,000 hectares of prospective land and 50 historic mining operations in the region. Company management is already hosting tours of the property and explaining First Cobalt’s business strategy to mine high-grade cobalt within the historically productive sites (http://nnw.fm/6uVwI).

First Cobalt’s current land package includes 4,300 hectares in an historic mining camp located north of Toronto and south of Cobalt, Ontario, which will grow to more than 10,000 hectares after the mergers close. Within the property lines is the Keeley-Frontier mine, along with the Drummond, Silver Banner, and Bellellen mines, which formerly produced over 3.3 million pounds of cobalt and 19.1 million ounces of silver. First Cobalt’s president and chief executive officer Trent Mell believes the mine that was shuttered many years ago is primed for rediscovery.

“Finding evidence of cobalt mineralization in an area previously believed to be barren is positive news but not a surprise, as this historic camp has seen very little exploration over the past 50 years,” Mell stated last week in a press release. “We are very encouraged to see the polymetallic nature of the mineralization across the Cobalt Camp, as this suggests that a broader hydrothermal system exists beyond the historically mined veins. This is a geologically complex, target-rich land package that will require further interpretation and I am proud of our team’s progress in our first six months.”

Continuing the company’s push to share its vision with investors, First Cobalt’s management team will be presenting at two conferences including the Precious Metals Summit in Zurich and the Eight Capital Battery Conference in Toronto. First Cobalt’s vice president of exploration, Dr. Frank Santaguida, is a featured speaker at the Precious Metals Summit, while Mell, a mining executive and capital markets professional with extensive international transactional experience, will speak at the Toronto conference.

Due to the strong increase in cobalt demand, many industry experts are predicting the vital metal’s growth pattern will continue at an average rate of approximately five percent per annum for the next 10 years. Numerous countries around the world have stated an intention to ditch gas and diesel cars in favor of clean technology vehicles – which means the electric and hybrid vehicle industry needs a steady supply of rechargeable batteries. Accordingly, several battery makers are seeking out a steady supply of cobalt by investing in mining companies as the demand for electric vehicles soars (http://nnw.fm/s9eSw).

First Cobalt Corp. has implemented a quality-control program and is already introducing all data from recent drilling results, geophysical and geochemical surveys, along with other pertinent data taken from the summer-fall mapping at the Keeley-Frontier property, into a 3D geological model to be used for the next phase of exploration work. Other nearby prospects in the Silver Center area have also been mapped and sampled to evaluate their potential.

For more information, visit the company’s website at www.FirstCobalt.com
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Wed Nov 15, 2017 6:19 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Commences Sampling Program to Assess Historic Cobalt Camp in Ontario

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning said it has initiated an extensive sampling program at historic mining operations in the Cobalt Camp in Ontario. The sampling program is intended to expand the company’s understanding of the characteristics of the material for potential processing of future ores from the Cobalt Camp. First Cobalt intends to acquire a representative sample of grades across several muckpiles and examine the material. In an effort to increase the grade of feed material, ore sorting technology will also be tested on large representative samples. "In tandem with ongoing exploration, this sampling program is a cost-effective way to understand the potential of this district and one that can be repeated across our post-merger land package. Success with this program could warrant reactivating the mill and potentially the refinery to produce refined battery materials and generate early cash flow," First Cobalt president & chief executive officer Trent Mell stated in the news release.
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Mon Nov 20, 2017 5:01 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Sees Potential of High-Grade Cobalt Presence at Ontario’s Silver Banner Mine

- Electric vehicle (EV) growth is driving global demand for lithium-ion batteries; cobalt is a key element in their manufacture, with operations consuming almost half of all cobalt mined
- FTSSF focuses on cobalt potential of the Cobalt Camp, including the Silver Banner mine, which shows promise of both cobalt and silver mineralization
- Growth of electric cars could trigger a global cobalt supply deficit by 2025, per FTSSF’s corporate presentation

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), a Toronto, Canada-based pure play cobalt exploration company, has identified the Cobalt Camp in Ontario, Canada, as a possible cobalt- and silver-rich mineralization opportunity. In the northern part of the site, the Silver Banner mine recently showed promising results related to the presence of high-grade cobalt.

The reason for this interest is the projected value of cobalt in the future, as demand for green electric vehicles and, consequently, lithium-ion batteries continues to rise (http://nnw.fm/WYne9). Cobalt is vital to the production of lithium-ion batteries. According to the cobalt demand chart in FTSSF’s corporate presentation (see page 25, http://nnw.fm/H0B6a), as early as 2015, approximately 49 percent of cobalt demand came from its use in lithium-ion batteries.

Some key vehicle brands, such as Volvo, have already declared that they will go all-electric in the future, while France and Great Britain have pledged to ban fossil fuel vehicles as early as 2040 (http://nnw.fm/WCy7E). In light of these developments, pricing of cobalt has skyrocketed, more than doubling in recent months to $25 per pound (http://nnw.fm/i7n0X). FTSSF’s corporate presentation notes that market share of electric cars is projected to reach some 25 percent globally by 2030, and that could trigger a cobalt supply deficit by 2025.

In an effort to better capitalize on this demand, FTSSF is pursuing a three-way merger with Cobalt One Limited and CobalTech Mining. If finalized, the merger would result in FTSSF having control over nearly 25,000 acres of prospective land and more than 50 historic mining operations. The transaction would also include a mill facility, fully permitted refinery and other high quality exploration assets.

Recently, a productive vein system was confirmed in the Silver Banner mine area through muck pile sampling. The company sees Silver Banner as an attractive and high priority drilling target for 2018. The next step for the company is shallow drilling near the historic site to learn more about the vein system and the metal content of the veins.

Trent Mell, FTSSF president and CEO, said that there are several prospective cobalt-rich targets within the First Cobalt, CobalTech Mining and Cobalt One Limited land packages. “The next task is to prioritize these targets for more focused exploration work and drilling through the winter months,” Mell stated in a news release.

For more information, visit the company’s website at www.FirstCobalt.com
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Mon Nov 20, 2017 5:15 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) to Move Forward with Merger Following Vast Approval by Cobalt One (ASX: CO1) Shareholders

Cobalt exploration and development company, First Cobalt (TSX.V: FCC) (OTCQB: FTSSF), this morning announced that the company’s proposed merger has been overwhelmingly approved by Cobalt One Ltd. (ASX: CO1) shareholders with 99.995% of votes cast in favor of the deal. The combined company’s portfolio will consist of high quality exploration assets in the Cobalt Camp in Canada as well as the sole permitted cobalt refinery in North America designed to produce battery materials. Upon completion of the merger, First Cobalt’s board of directors will be reconstructed to include First Cobalt founder Bob Cross, Cobalt One chairman Paul Matysek and Cobalt One Executive Director Jason Bontempo. The merger has been granted Australian court approval and trading of Cobalt One shares on the ASX is expected to stop as of November 21, 2017, pending the close of the transaction. Subject to regulatory approval, First Cobalt is expected to trade on the ASX under the ticker FCC on a deferred settlement basis effective November 22, 2017. "We are one step closer to creating the largest pure play cobalt company in the world. We look forward to seeing First Cobalt shares trade on the ASX, as this dual listing will bring a much larger shareholder base and added liquidity," First Cobalt president and chief executive officer Trent Mell stated in the news release.
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Tue Nov 21, 2017 5:47 pm

NetworkNewsBreaks – First Cobalt Corp.’s (TSX.V: FCC) (OTCQB: FTSSF) Prospecting Program at Caswell Mine Discovers 9.4% Cobalt Sample

Cobalt exploration and development company, First Cobalt (TSX.V: FCC) (OTCQB: FTSSF), this morning reported several high grade cobalt outcrop and muckpile samples from the Caswell mine in the Cobalt Camp. The high grade mineralization at surface in the Cobalt Central area of the Cobalt Camp in Ontario, Canada was identified by a prospecting program of samples showing 9.44% cobalt, 1.27% copper and 2.92% nickel. Additionally, grab samples at the former Caswell mine confirmed high grade cobalt at surface and at shallow depths, including cobalt grades of 4.8%, 6.1% and 1.1% "In just six months of exploration activity in the Cobalt Camp, First Cobalt has identified cobalt mineralization styles that have never been reported in its 110-year history, further confirming the need to re-examine the camp using modern geoscience techniques. Recent prospecting suggests that smaller high grade historic cobalt mines like Caswell could be ideal targets for near-term follow up," First Cobalt president and chief executive officer Trent Mell stated in the news release.
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Wed Nov 22, 2017 6:43 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Proposed Three-Way Merger Approved by CobalTech Mining, Inc. (TSX.V: CSK) Shareholders

First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that the company’s proposed three-way merger has been approved by shareholders of CobalTech Mining (TSX.V: CSK) with 95% of votes cast in favor. This news comes just two days after the company announced that Cobalt One Ltd. (ASX: CO1) shareholders also approved the merger. “We now have approval from CobalTech and Cobalt One shareholders to finalize the three-way merger and we look forward to closing both transaction over the next 2 weeks. First Cobalt now controls approximately 45% of the prospective land in the Cobalt Camp. This historic mining camp has never seen the required land consolidation to permit district-scale exploration and we will remain very active in 2018,” First Cobalt president & chief executive officer Trent Mell stated in the news release.
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Mon Nov 27, 2017 6:07 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Generates Interest Amid Surging Demand for Mineral

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), the holder of one of only four cobalt extraction refineries that are fully permitted in Canada, is generating interest as it works through merger negotiations expected to give it control over 50 previous mining operations situated on 10,000 hectares (24,710.5 acres) in Ontario. Cobalt has experienced a significant increase in demand and many industry experts are forecasting a continued growth pattern over the next decade. An article discussing this reads: “Within the property lines is the Keeley-Frontier mine, along with the Drummond, Silver Banner, and Bellellen mines, which formerly produced over 3.3 million pounds of cobalt and 19.1 million ounces of silver. First Cobalt’s president and chief executive officer Trent Mell believes the mine that was shuttered many years ago is primed for rediscovery.” Mell stated, “We are very encouraged to see the polymetallic nature of the mineralization across the Cobalt Camp, as this suggests that a broader hydrothermal system exists beyond the historically mined veins. This is a geologically complex, target-rich land package.”
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Tue Nov 28, 2017 6:10 pm

NetworkNewsBreaks – Expansion of Sampling Program Sends First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Shares Higher

Shares of First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) jumped 37 percent in early trade after the company announced the expansion of its Cobalt Camp muckpile sampling program in Cobalt South to the Drummond Mine and Kerr Lake Area in Cobalt North to test a different style of mineralization. “First Cobalt controls 50 historic mining operations across the Cobalt Camp and this program will give us important insights into the geology, metallurgy and bulk mining potential of the Camp. Success with this program could warrant reactivating the mill and potentially the First Cobalt Refinery to produce battery materials,” company president and CEO Trent Mell stated in the press release. As previously announced, this extensive sampling program is intended to provide insight into the distribution of cobalt, silver, nickel and copper from underground waste material brought to surface by historic mining operations.
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Thu Nov 30, 2017 5:49 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Initiates Borehole Geophysical Surveys at Keeley-Frontier

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported the start of borehole geophysical surveys at the former producing Keeley and Frontier mines in the Ontario Cobalt Camp. Through this electromagnetic program, the company said it intends to identify a geophysical signature of cobalt mineralization intersected in recent drillholes that can be used to plan future programs. “Borehole geophysics is an important part of our exploration program to expand our understanding of vein distribution and orientation beyond what is intersected in drillholes. This is a new approach for the Cobalt Camp but one that is widely-used as a method of detecting blind metallic vein systems. This is an efficient way of producing meaningful results that can assist with the winter drilling campaign,” company president and CEO Trent Mell stated in the press release. In total, 10 drillholes have been selected for surveying and others may be added if positive results are received.
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Fri Dec 01, 2017 7:17 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Closes Strategic Merger with Cobalt One Limited

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) announced the closing of its strategic merger with Cobalt One Limited, as well as key restructuring of its Board of Directors to include Paul Matysek, Robert (Bob) Cross and Jason Bontempo. First Cobalt now is the largest land owner in the Ontario-based Cobalt Camp and owns the only cobalt refinery in North America permitted to produce battery materials. In conjunction with the transaction, President & Chief Executive Officer Trent Mell commented, “Over a very short period we have created the largest cobalt exploration company in the world, controlling almost half of what we believe may be the most prospective cobalt district outside of the DRC. We intend to pursue an aggressive exploration program in 2018 while continuing to assess other growth opportunities. I am very pleased to welcome Paul, Bob and Jason to the Board of Directors.”
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Mon Dec 04, 2017 5:28 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Reports High Grade 3.9% Cobalt in Kerr Lake

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported high grade cobalt assays to 3.9 percent at the historically-producing Juno mine, Kerr Lake area in Cobalt North (located north of the Drummond mine). The Kerr Lake surface sample results suggest that a broad hydrothermal system may exist in the area. Trent Mell, President & Chief Executive Officer, commented, “Juno is another example of a historic high grade cobalt mine on our land package that could be a target for bulk mining potential or as early feed to a centralized mineral processing facility within the Cobalt Camp. We will continue to confirm the grade variability and size of these mines in the 2018 exploration program as the first step to establishing a flow sheet for cobalt production in the Cobalt Camp.” In addition, Trent Mell recently discussed First Cobalt’s 2017 success in an interview with Uptick Newswire (http://nnw.fm/Ve87s).
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Mon Dec 04, 2017 5:28 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Reports High Grade 3.9% Cobalt in Kerr Lake

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported high grade cobalt assays to 3.9 percent at the historically-producing Juno mine, Kerr Lake area in Cobalt North (located north of the Drummond mine). The Kerr Lake surface sample results suggest that a broad hydrothermal system may exist in the area. Trent Mell, President & Chief Executive Officer, commented, “Juno is another example of a historic high grade cobalt mine on our land package that could be a target for bulk mining potential or as early feed to a centralized mineral processing facility within the Cobalt Camp. We will continue to confirm the grade variability and size of these mines in the 2018 exploration program as the first step to establishing a flow sheet for cobalt production in the Cobalt Camp.” In addition, Trent Mell recently discussed First Cobalt’s 2017 success in an interview with Uptick Newswire (http://nnw.fm/Ve87s).
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Thu Dec 07, 2017 5:33 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Acquires Property Near Past Producing Caswell Mine

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning said it has purchased four mining claims positioned near the past producing Caswell mine in the Central Cobalt region of the Cobalt Camp in Ontario. The properties are contiguous to First Cobalt’s properties to the west of the Caswell and La Tour mines and the Thompson prospect in Central Cobalt. Additionally, the newly-acquired claims span an area that may contain the extension of structures connected to mineralization at the Caswell mine and the Thompson prospect. “Expansion of First Cobalt’s property into this highly prospective area increases the opportunity for regional exploration work in keeping with the Company’s intention to identify bulk cobalt mining opportunities. Cobalt Central was historically underexplored yet the Caswell mine to the east of these claims boasts one of the highest historic cobalt-to-silver ratios within the Camp making this region highly attractive for continued exploration,” First Cobalt president & chief executive officer Trent Mell stated in the news release.
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Mon Dec 11, 2017 6:22 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Holds Interests in Key Mineral Rights to a Region Rich with Potential

Due to its unique properties that allow electric cars to extend range between charges, the demand for cobalt is expected to sky-rocket. It is projected that 75 percent of lithium-ion batteries will contain cobalt by 2020 (http://nnw.fm/K8M9u). First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) is at the forefront of this demand and positioned as a global resource in rapidly assembling one of the world’s largest pure-play cobalt portfolios. A recent article highlights the company’s interests in a region ripe with potential stating, “The company holds interests in key mineral rights in a region that boasts historic production of 50 million pounds of cobalt and 600 million ounces of silver mined over a 60-year period. Cobalt is produced as a by-product of mining other metals like nickel, copper or, in this case, silver. First Cobalt’s location is easily accessible and has excellent infrastructure nearby. First Cobalt holds one of only four fully-permitted cobalt extraction refineries in Canada and, given deals in play, the company is likely to soon control over 10,000 hectares of prospective land and 50 historic mining operations in Canada.”
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Re: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)

Postby QualityStocks » Thu Dec 14, 2017 5:03 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Reports Successful Borehole Geophysics Results

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported successful results from its Canadian Cobalt Camp’s borehole geophysics program. The electromagnetic program identified a vein-style mineralization geophysical signature in recent drilling, as well as an off-hole anomaly. Of the positive results, Trent Mell, First Cobalt’s president commented, “Borehole electromagnetics may prove to be an effective tool for quickly detecting potential mineralization in the Camp. This signature connects veining logged in drill core with anomalous EM responses measured in-holes and potentially off-holes. We will continue to use EM type surveys in other areas to expedite future exploration planning.”
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