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

Our latest clients all have the potential to grow significantly in the near and long-term future

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

Postby QualityStocks » Wed Jan 03, 2018 6:30 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Scheduled to Attend Three Conferences in Coming Weeks

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that its management team will be attending three upcoming conferences, including the TD Mining Conference in Toronto, the Vancouver Resource Investment Conference (“VRIC”) and the AME RoundUp in Vancouver. The TD Securities Mining Conference will take place January 17-18, with First Cobalt president and CEO Trent Mell scheduled to speak during the Keynote Lunch Panel on Thursday, January 18. The VRIC will take place January 21-22, and Mell is scheduled to present Monday, January 22 at 2:00pm PT in workshop five. Finally, the AME RoundUp is scheduled for January 22-25, and First Cobalt representatives will be available at booth 837. Per this morning’s update, the company will also be available for one-on-one meetings during all three conferences.
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Thu Jan 04, 2018 5:08 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Purchases Five Unpatented Claims in Ontario’s Cobalt Camp

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced its acquisition of five unpatented claims located in the North Cobalt region of Ontario’s Cobalt Camp. Per the update, three of these claims are contiguous to the company’s properties to the east of the Silver Banner and Ophir mines. “This area of North Cobalt is of particular interest as some of the more significant past-producing cobalt mines are nearby, including the Silver Banner mine where we reported high grade cobalt samples,” Trent Mell, president and CEO of First Cobalt Corp., stated in the news release. To date, limited exploration has been conducted on these newly purchased claims. As a result, First Cobalt intends to conduct mapping, as well as soil and till geochemical surveys, as part of a grassroots exploration program in the summer of 2018.
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Wed Jan 10, 2018 6:08 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Positive Assay Results

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive assay results from two holes intersecting cobalt mineralization on two separate veins in the Woods Extension area of the Cobalt Camp in Ontario, Canada. Per the update, these intercepts, in conjunction with previous results from the area, suggest that a broad deformation zone of mineralization may exist between the Woods and Watson veins. “Drill results from Woods Extension continue to prove exciting during these early days of our Cobalt Camp drilling,” Trent Mell, president and chief executive officer of First Cobalt, stated in the news release. “All drill holes in this area have hit meaningful values of cobalt or other metals and the mineralization is open along strike northward. It is noteworthy that cobalt mineralization has been intersected to the north and south of the historic Keeley and Frontier mines, where the focus was silver mineralization.”
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Tue Jan 16, 2018 7:18 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Details 2018 Exploration Program

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced the 2018 exploration program for its Cobalt Camp properties in Ontario, Canada. Included in the C$7 million program is over 26,000 meters of drilling encompassing 13 unique targets. As noted in the update, the 2018 program marks a significant expansion over 2017 exploration activities, as the company aims to test mineralized areas throughout the Cobalt Camp proximal to more than 10 past-producing mines. “Having consolidated the Cobalt Camp land package, the objective of the 2018 drill program is to use our strong treasury to blanket the Camp, testing the near-surface potential of many areas with different styles of mineralization and diverse geological settings that have never been assessed for their cobalt content,” Trent Mell, president and chief executive officer of First Cobalt, stated in the news release. “In addition to Keeley-Frontier, twelve new properties will be drilled on our 100 km2 land package, including Bellellen, Drummond, Silver Banner and Silverfields.”
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Thu Jan 18, 2018 7:44 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Commencement of Drilling at Bellellen Mine

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that it has commenced drilling at the Bellellen mine in Ontario’s Cobalt Camp. A total of 15 holes ranging from 50 to 200 meters are planned at Bellellen in order to test the relationship between the near surface disseminated style of cobalt mineralization identified in 2017 and the vein style mineralization that was traditionally mined in the Cobalt Camp. “Bellellen is the initial focus of the 2018 drill program because of the high values of cobalt as a disseminated ore texture with pyrite, which has not been previously described in the Cobalt Camp,” Trent Mell, president and chief executive officer of First Cobalt, stated in the news release. “Early work suggests that a more complex structural and hydrothermal setting may exist here than was previously considered.”
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Thu Jan 25, 2018 8:31 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Cobalt Camp Research Program

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced its initiation of a research program aimed at identifying regional controls for cobalt-silver mineralization in Ontario’s Cobalt Camp. Per the update, this program, to be conducted in partnership with the Mining Exploration Research Center at Laurentian University, marks the latest in a series of initiatives designed to bring research and innovation into the 110 year old mining camp. “Structural controls on cobalt-silver mineralization in the Camp are poorly understood and initiatives like the one announced today allow us to improve our geological models and create shareholder value,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “Our commitment to research and innovation is underpinned by our conviction that this historic mining district can be revived more quickly by embracing innovation as a core element to our exploration strategy.”
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Thu Feb 01, 2018 5:32 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Positive Results from 2017 Drill Program

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive results from its 2017 drill program, which intersected 25 meters of fracture-controlled silver mineralization in Canada’s Cobalt Camp. The company’s drilling found 106.2 g/t silver over 13.7 meters, including 445 g/t silver over 3.0 meters, near the Keeley Shaft. The release also noted the discovery of anomalous silver occurring over 4.0 meters above the interval and 7.0 meters below, up to 11.3 g/t over 1.0 meter. Per the update, these findings suggest metal zoning patterns of silver-rich and cobalt-rich areas of mineralization at the mine-scale to guide future drilling targets. “These results are very encouraging as further validation of our view that the Cobalt Camp material previously believed to be barren does in fact host disseminated material amenable to a bulk tonnage operation,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “We are in the early days of our drill campaign and these results demonstrate the potential for long cobalt and silver drill intercepts outside the historically mined vein systems.”
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Mon Feb 05, 2018 4:27 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Highlights Positive Results from 2017 Drill Program

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive results from its 2017 drill program, which intersected over 30 meters of disseminated cobalt mineralization in the southern part of the Canadian Cobalt Camp. Per the update, the company’s drilling intercepts in the area demonstrate that cobalt mineralization likely occurs as a broad zone, with approximately 350 meters of strike length associated with the historically mined Woods Vein and other transecting structures. “A key objective of our maiden drill program has been realized,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “We have demonstrated that disseminated cobalt and silver mineralization exist near-surface and outside the veins that were the focus of historic underground mining operations, confirming findings from our 2017 surface sampling and prospecting. Drilling is now underway at the Bellellen mine in Cobalt South and shortly thereafter we will drill targets in Cobalt North.”
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Thu Feb 08, 2018 7:09 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Discovers High Grade Cobalt Assays from Sampling at Cobalt North

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported high grade cobalt assays up to 2.01 percent cobalt discovered during surface sampling near the past producing Hamilton mine in Cobalt North. “We are continuing to validate these high grade areas of the Cobalt Camp. Broader mineralized systems with lower average grades are more attractive longer term targets as they hold potential for large low-cost, open pit operations,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “These high grade areas may represent the centre of a broader mineralized system similar to the zones recently identified in Cobalt South. The high grade zones could provide early feed for startup operations. Hamilton is one of several areas we plan to explore in 2018 with more than 15,000 metres planned in Cobalt North.”
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Tue Feb 13, 2018 7:17 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Positive Drill Results from Historic Bellellen Mine

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive drill results from the historic Bellellen mine in the Cobalt Camp, Ontario. Drilling at Bellellen commenced in January 2018 with 13 holes of over 1,100 meters. Per the update, early results from these drilling efforts confirm the presence of high grade cobalt and nickel along the known Bellellen vein system south of the historic mine workings. “First assays from Bellellen drilling confirm the grades found in muckpile material sampled in 2017 and support our view that we now have a third area of interest in the Cobalt Camp,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “The Bellellen structure has adequate strike length to remain a priority target. Our 2018 drill strategy is to test several new target areas to confirm the cobalt grades of known systems throughout the Camp and then focus on those of sufficient size to support large tonnage operations.”
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Wed Feb 14, 2018 6:12 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Set to Attend Two Upcoming Conferences

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) today announced that its management team will be participating in two upcoming conferences. The first will be the BMO Capital Markets 2017 Global Metals & Mining Conference in Hollywood, Florida, which is scheduled to take place from February 26 through March 1. President and CEO Trent Mell will be available for one-on-one meetings throughout that conference. The second event will be PDAC in Toronto, Canada, which is scheduled for March 4-7. Mell will be presenting during the Energy Materials and Technologies 2 session on March 5 at 4:00pm, while Dr. Frank Santaguida, the company’s vice president, exploration, will be presenting at the Ontario Pavilion on March 6 at 3:30pm. Company representatives will be available throughout PDAC at booth 3229 in the Investors Exchange.
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Thu Feb 15, 2018 6:32 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Expanding Canadian Mining Interests to Meet Growing Demand

- Cobalt demand set to increase substantially with the growth of electric vehicle use worldwide
- First Cobalt is focused on developing safer, more ethical mining resources in Canada
- Early results in 2018 exploration program produce positive results

Cobalt is a key component in lithium-ion batteries used to power electric vehicles (EVs) and has experienced a surge in demand on the back of recent developments in the automotive industry. China, with the largest automotive industry in the world, announced last year that it will require one in five new vehicles sold by 2025 to be powered by alternative sources other than fossil fuels. In July 2017, France and Britain followed suit by stating their intention to ban the sale of cars operating on fossil fuels by 2040. First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) is well positioned to capitalize on the increasing cobalt demand by developing its mining interests in Ontario, Canada.

Much of the world’s cobalt sourcing currently faces real challenges, since it depends largely on the Democratic Republic of Congo (DRC), where child labor is common. First Cobalt offers a huge ethical advantage by developing cobalt sources in Canada, in addition to the potential of greatly helping to revitalize the nearby Canadian community of Cobalt, Ontario. The DRC has also experienced political unrest and instability for many years, and this climate is not conducive to investment. This is another reason that First Cobalt has made the strategic decision to focus its efforts on developing its Canadian mineral rights around the Cobalt Camp in Ontario.

Following the completion of a three-way merger in 2017, First Cobalt now has control over 10,000 hectares of land for prospecting. This area features more than 50 historic mines, including Bellellen, Keeley, Frontier, Drummond and Silver Banner. The company intends to explore these mines, which, based on historic analysis, have the potential to yield high-quality cobalt. First Cobalt also owns the only permitted cobalt extraction refinery in North America capable of producing battery materials.

On January 16, 2018, the company announced a $7 million exploration program for its Cobalt Camp properties in 2018. This will involve 26,500 meters of drilling to test different geological settings at 13 targets within the region. 2017 drill programs revealed that cobalt occurs as different styles of mineralization in the Cobalt Camp, largely due to different geographical settings. First Cobalt’s drilling program will test several prospective areas to determine near-surface mineralization potential.

The company’s early exploration and development efforts have produced positive results. On January 30, 2018, First Cobalt announced the completion of the first phase of its sampling program at its historic mining operations in the Cobalt Camp. More than 400 samples were collected from 14 muckpiles in both Cobalt North and Cobalt South. The company is currently evaluating the potential to generate early cash flow from processing these historic resources.

On February 5, 2018, First Cobalt announced positive drill results from the historic Keeley mine, intersecting over 30 meters of disseminated cobalt mineralization. These included evidence of anomalous cobalt grading 0.043 percent cobalt starting 15 meters from the surface. Results also include 15.7 meters of 0.12 percent cobalt, including 6.2 meters at 0.21 percent cobalt, which reflect similar mineralization in surface grab samples. These results provide evidence of a broad zone of mineralization extending over a strike length of 350 meters outside of the historically mined veins. These broad zones, while lower in grade, are targeted for their potential as large-scale, bulk tonnage future operations.

These early positive results augur well for the outcome of the company’s drilling program. With experienced teams and seasoned management at the helm, First Cobalt is well positioned to capitalize on its exploration program and develop its mineral interest to meet the rising global demand for cobalt.

For more information, visit the company’s website at www.FirstCobalt.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Tue Feb 20, 2018 7:44 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) is “One to Watch”

- Building the world’s largest pure-play cobalt exploration company with interests in historic Canadian Cobalt Camp
- Recently completed 3-way merger with Cobalt One Ltd. and CobalTech Mining Inc., which created a consolidated camp of more than 10,000 hectares containing 50 past cobalt/silver producers and working mines
- $100 million in existing infrastructure includes only permitted cobalt refinery in North America capable of producing battery material
- Lithium-ion battery market, buoyed by surge in electric vehicle market, expected to reach USD $68 billion by end of 2022
- $30 million in financing closed December 21, 2017

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), with headquarters in Canada, is the largest land owner in the Cobalt Camp in Ontario with control of over 10,000 hectares (nearly 25,000 acres) of prospective land and 50 historic cobalt/silver mines. The company’s assets include a mill and the only permitted cobalt extraction refinery in North America capable of producing battery material, providing an integrated solution for cobalt projects. First Cobalt began drilling in the historic Cobalt Camp in 2017 and seeks to build shareholder value through new discovery and growth opportunities.

First Cobalt’s 2018 $C7 million drilling program, which includes testing different styles of mineralized areas throughout the Cobalt Camp in more than 10 past-producing mines known to contain cobalt, is a significant expansion over its 2017 exploration activities. The company received positive test drill results from the Bellellen mine location, with early results confirming the presence of high-grade cobalt and nickel, prompting First Cobalt to increase its drilling program at that site. A prospecting sampling program of existing muckpiles around the camp’s historic mines, trenches, pits and surrounding bedrock could provide an early production scenario.

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.

First Cobalt is embracing innovation in the mining sector, utilizing a digital compilation of 100-plus years of mining and geological data spanning the historically prolific Cobalt Mining Camp’s lifespan. First Cobalt’s management team is also assessing the ability of artificial intelligence to accelerate the discovery cycle. As a member of the Mineral Exploration Research Centre (MERC) and Metal Earth Project, First Cobalt conducts regional geophysical surveys for geological interpretation of structures controlling cobalt-silver mineralization.

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.

For more information, visit the company’s website at www.FirstCobalt.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Wed Feb 21, 2018 5:04 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Commencement of Drilling in Cobalt North

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced its commencement of drilling in Cobalt North, near the historic Drummond, Kerr and Conisil mines. The new program comes on the heels of the company’s completion of a maiden drilling program in Cobalt South that identified three distinct mineralized areas that will require follow up. “In our first drill campaign, we successfully identified three distinct cobalt mineralized zones in Cobalt South that warrant follow up. As we focus on Cobalt North for the second leg of the winter drill campaign, we have combined a rich set historical data with our own field work to build a 3D geological model,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “In Cobalt North, we have several opportunities to identify resources in different styles of mineralization that would not have been considered historically. We believe this program will increase our options to find new cobalt resources in the Camp.”
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Thu Feb 22, 2018 6:52 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Recognized as Top Mining Firm in TSX Venture 50™

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that it has been named as one of the top performing mining companies in the TSX Venture 50™, a selection of the top 10 companies listed on the TSX Venture Exchange operating in each of the five major industry sectors, including mining, energy and energy services, clean technology and life sciences, diversified industries, and technology. “It is an honour to be named to the TSX Venture 50 as a top performing mining company and we are thankful for the market’s endorsement of our strategy,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “The confidence of our investors is not taken for granted and we will work tirelessly to maintain that support in the year ahead.”
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Thu Feb 22, 2018 7:36 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Finds Optimism in Canadian Soil amid Tech-Friendly Battery Demand

- First Cobalt’s exploration program at the Cobalt Camp has yielded impressive results, with high grade cobalt and nickel confirmed at the historic Bellellen mine
- Company controls 50 historic mining operations in the popular Ontario camp
- Canada’s cobalt exploration epicenter may eliminate ‘conflict minerals’ supply need

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), the largest land owner in Ontario, Canada’s reborn Cobalt Camp mining district, continues to investigate the possibility of a tech-friendly resource boom driven by exploration far from the controversial mineral fields of the Democratic Republic of Congo (DRC), where more of the world’s supply of cobalt is currently produced than at all other sources (http://nnw.fm/uls2I). The DRC sites remain highly controversial, drawing as they do on child labor and the manipulation of questionable political ethics.

Cobalt has become a critical element in the operation of the lithium-ion batteries used in electric cars, which are becoming an in-demand alternative to the petroleum-based pollutants fueling the world’s automobile industries, as well as in other electronic devices like laptops, tablets and smartphones. Although the 7,300 metric tons of cobalt produced in Canada during 2016 pale in comparison to the 66,000 metric tons produced in the DRC that year, the potential for a revitalized cobalt production industry at North American sites including First Cobalt’s Ontario properties is generating excitement among a number of prospectors looking for ethical alternatives to African ‘conflict minerals’.

“Our own little property itself that we have right now that we’re focused on could produce enough cobalt to supply the gigafactory that Elon Musk is building today,” First Cobalt president and chief executive officer Trent Mell told CBS News in 2017 in reference to automaker Tesla’s plans to roll out half a million Model 3s each year beginning in 2018 (http://nnw.fm/adz0P).

First Cobalt controls 50 historic mining operations across the Cobalt Camp on over 10,000 hectares (24,710.54 acres) of land for prospecting. The company is working to increase its understanding of the bulk-grade characteristics of the materials on its properties and apply that understanding to the potential processing of ores from the Cobalt Camp sites. Its exploration program is returning positive results, with the presence of high-grade cobalt and nickel already confirmed at the historic Bellellen mine, where drilling began in January 2018. The Bellellen findings follow other positive results reported at the Juno mine in Cobalt North, the Woods and Watson veins in the southern part of Camp Cobalt and the Keeley-Frontier mine in Cobalt South over the last few months.

“First assays from Bellellen drilling confirm the grades found in muckpile material sampled in 2017 and support our view that we now have a third area of interest in the Cobalt Camp. The Bellellen structure has adequate strike length to remain a priority target. Our 2018 drill strategy is to test several new target areas to confirm the cobalt grades of known systems throughout the Camp and then focus on those of sufficient size to support large tonnage operations,” Mell said in a company press release (http://nnw.fm/F0Xr6).

On January 16, 2018, First Cobalt also launched a C$7 million exploration program for 2018, which consists of 26,500 meters of drilling at 13 different targets, aside from Keeley-Frontier and Bellellen (http://nnw.fm/qY5E1). The program significantly expands on the company’s exploration activities in 2017, with the goal of testing various mineralized areas and different geological settings across the Cobalt Camp, including the near-surface potential of certain areas that have never been assessed for their global content before, Mell explained.

The reported results seem to back Mell’s optimism for the company property’s potential, especially amid predictions that, in another decade, the DRC will no longer be such an overwhelmingly significant player in the global tech mineral rush as the country’s human rights violations are in the spotlight.

Congressional hearings on the U.S. Dodd-Frank Act in April 2017 included Human Rights Watch representatives detailing the murder, rape, forced child labor and otherwise destructive practices pursued by several armed privateer groups, foreign-backed rebels and, at times, the DRC’s army itself in relation to mining activities the groups used to fund themselves. Gold mining operations have been the primary focus of those groups, but cobalt’s rising star has created a new emphasis on the mineral once regarded as little more than a byproduct of exploration. (http://nnw.fm/EVB2h). “Never in the history of modern mining have you seen cobalt as a primary focus for us miners,” Mell told CBS News. “It was an after-thought.”

The CBS News report acknowledges the challenges of producing sufficient cobalt and other minerals to meet the expected rise in demand for increased electric vehicle production, primarily driven by China and Europe. However, sustainable and responsible cobalt investments and mining assets such as First Cobalt’s are likely to cover a significant part of global demand in the near future. First Cobalt’s focus on expanding its exploration program, with the goal of producing more than the 7,800 tons of cobalt required to supply Tesla’s factory and Model 3 roll-out, could help position the company as a leading provider of cobalt worldwide, as well as build shareholder value via new growth and discovery opportunities.

For more information, visit the company’s website at www.FirstCobalt.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

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

Postby QualityStocks » Thu Feb 22, 2018 8:05 pm

Rise of Electric Cars Fuels Cobalt Market Surge

NetworkNewsWire Editorial Coverage: Advocates have long argued that environmentally friendly technologies could provide a boost to any economy. In the past few years, the rise of the electric car has proved them right. Not only is it creating wealth in the manufacturing sector, but it’s having spill-over effects in related industries. The need for cobalt in the manufacture of green car batteries has fueled staggering growth for First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) (FTSSF Profile), with a share price increase of as much as 350 percent in a single year. Behind the showmanship of CEO Elon Musk, Tesla, Inc. (NASDAQ: TSLA) is becoming the leading brand name for electric vehicles, with a range of cars and trucks. Mining giant Glencore Plc (OTC: GLNCY) is riding the same wave as First Cobalt, providing a third of the world’s cobalt. eCobalt Solutions, Inc. (TSX: ECS) (OTC: ECSIF) is tackling the new environmental and ethical concerns this growth has raised, by focusing on ethically sourced cobalt for an ethically oriented market. Even the grandee of American motor companies, General Motors Company (NYSE: GM), is getting in on the act with plans to launch 18 new all-electric vehicles by 2023. The electric car industry is set for big growth.

The Rise of the Electric Car

Twenty years ago, the electric car seemed like little more than an environmentalist’s whim. But with the growing impact of pollution on the environment, governments and businesses have worked hard to make electric transport a reality. Now, the whim is bearing fruit. Electric cars are on the roads. Charging stations are becoming a more common companion to petroleum fueling stations. There are even apps tailor made to help drivers ensure their batteries stay charged.

It’s predicted that one in six cars sold will be electric by 2025. Both Britain and France have declared their aims to end sales of petrol and diesel cars by 2040. Simply put, the market is shifting away from traditional fuel sources and toward more environmentally friendly solutions.

Perhaps the biggest indicator of this shift is the interest taken by BMW. The German multinational has not only committed $250 million to battery research, it is striving to lock in contracts to ensure its entire battery supply chain for the next 10 years. It’s a huge commitment from the motoring giant, and a guarantee of ongoing growth for the industries behind those batteries, such as cobalt mining.

Creating a Sustainable Solution

One of the biggest problems with the rise in demand for cobalt is establishing a secure, sustainable, ethical source of the mineral. It’s a challenge that First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) has risen to with its North American drilling strategy.

Nearly two-thirds of the world’s cobalt supply currently comes from the Democratic Republic of Congo (DRC). The exponential issue is that the DRC is plagued by violence and corruption. Few companies can keep their hands clean while working there, and recent political turmoil led to a 90 percent jump in the price of cobalt. Reliance on DRC cobalt creates insecurity for manufacturers and for nations whose automotive infrastructure will soon be reliant on electric vehicles as much as big oil. By providing cobalt from North America, First Cobalt is in a position to deliver cobalt more cheaply, securely and ethically, guaranteeing its place in the market.

First Cobalt has quickly established an impressive operation based in Canada. Through mergers with CobalTech (http://nnw.fm/5uNvx) and Cobalt One (http://nnw.fm/Ss3B6), it has gathered a large area of mining territory, as well as the tools and expertise to exploit it. Trent Mell, the president and CEO of First Cobalt, said of the mergers: “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.”

The company’s advantages extend to industrial processing facilities. It has the only cobalt extraction facility in North America that is permitted for producing battery materials, putting it in a unique position to become the leading domestic supplier.

Working with Technological Innovation

As it moves to cater to growing cobalt demand, First Cobalt announced a $7 million exploration program for 2018 (http://nnw.fm/sNR89). By combining existing data and fresh surveys, it will establish the potential of 13 mineralized sites with known historical production of cobalt and silver, with an eye to increasing its output. On Feb. 13, the company announced positive drill results from the historic Bellellen mine (http://nnw.fm/2hoUx) in Ontario’s renowned Cobalt Camp. The results confirm the presence of high-grade cobalt and nickel along the 300-meter-long Bellellen vein system south of the historic mine.

“First assays from Bellellen drilling confirm the grades found in muckpile material sampled in 2017 and support our view that we now have a third area of interest in the Cobalt Camp,” Mell stated in the press release. “The Bellellen structure has adequate strike length to remain a priority target. Our 2018 drill strategy is to test several new target areas to confirm the cobalt grades of known systems throughout the Camp and then focus on those of sufficient size to support large tonnage operations.”

It’s just one example of First Cobalt’s forward-looking approach, embracing innovation throughout its business. Over a hundred years of mining data have been combined using digital techniques to establish the likely locations of deposits (http://nnw.fm/6b9H0). Artificial intelligence is being considered to accelerate the discovery cycle and allow new deposits to reach exploitation sooner. As a member of the Mineral Exploration Research Centre (MERC) and Metal Earth Project, the company is conducting regional geophysical surveys to increase its understanding of Canada’s rich cobalt resources.

This focus on refinement, innovation and scientific rigor is visible at the company’s cobalt extraction refinery. Ore-sorting tests and metallurgical studies are being used to ensure the plant’s capabilities. The refinery has been located with room to expand into a larger refinery complex so that the company is not at risk of being limited by its original facilities.

Securing Future Extraction

The potential of First Cobalt’s future is reflected in the confidence shown by investors. The company has recently secured $30 million dollars in financing.

This has allowed the company to acquire strategic mining claims (http://nnw.fm/pe0NZ) around its original territory, including a recent acquisition near the Silver Banner mine as well as ensure they are well positioned for their 26,500-meter 2018 drill program. Mell said of the purchase: “This area of North Cobalt is of particular interest as some of the more significant past-producing cobalt mines are nearby, including the Silver Banner mine where we reported high grade cobalt samples.” Such purchases have made First Cobalt the largest land owner in the Cobalt Camp, dominating Canadian cobalt production.

The result has been a surge in the company’s fortunes. Its share price increased by as much as 350 percent during 2017, and its market cap is now close to $200 million. This makes it the largest cobalt exploration company in the world by market cap. It’s a status that has drawn the company international attention, and an interview with Mell featured prominently in a recent Guardian article on the cobalt industry.

First Cobalt’s ambition extends beyond the Canadian mining regions, as it anticipates additional discovery from places outside the DRC, such as British Columbia, Idaho, Ontario and possibly Chile. This insulates the company from the risks inherent in working in the DRC, giving it a significant advantage over established competitors. As liberal environmentalists encourage ethical supply chains and conservatives seek to boost home-grown industries, the company is placed to benefit from political maneuvers and purchasing decisions on both the right and the left.

The electric vehicle and cobalt industries are booming. First Cobalt is one of the companies best placed to profit off this boom, but it’s far from the only one.

Cobalt and Electric Cars: The Bigger Picture

The best recognized name in the electric car business is Tesla (NASDAQ: TSLA). The flamboyant showmanship of Elon Musk together with a commitment to innovative, sustainable technology have created a household name. With its range of cars and now a move into trucks, Tesla is forging the way for this young industry. Its continued growth, and the swell in electric technology it brings, will ensure that demand for cobalt continues to grow for the foreseeable future.

Mainstream car manufacturers are following Tesla’s lead. The Chevrolet division of General Motors (NYSE: GM) sold more than 23,000 Bolt EVs in 2017, giving it the third largest sales of electric cars. GM has announced plans to launch 18 new all-electric vehicles by 2023, allowing the company to cater to a wider range of customers as the electric car goes mainstream. Like other manufacturers such as Tesla and BMW, GM’s commitment to the market could help to drive up the profits of cobalt mining companies.

Among those companies is commodities manufacturer Glencore (OTC: GLNCY). Operating in over 50 countries, and with an annual revenue of $177.4 billion, it produces 28,300 metric tons of cobalt a year — around a third of the global supply. Though the company’s reliance on the DRC may cause it some challenges, the sheer scale of its operations will ensure deals with the large car companies as they move toward battery power.

Like First Cobalt, eCobalt Solutions (TSX: ECS) (OTC: ECSIF) is looking to provide cobalt free of the environmental and ethical concerns bound up in mining the DRC. Working through a wholly owned subsidiary, it has established the Idaho Cobalt Project, the only near-term, environmentally permitted primary cobalt project in the United States. This will cater to growing international demand for cobalt and for ethically sourced resources. By getting in on the ground floor of American cobalt production, it will have an edge of stability as the cost of production in the DRC fluctuates.

The market for electric vehicles is growing, and with it the demand for cobalt. As political strife and ethical concerns hit traditional sources, North American cobalt companies will be particularly well-placed to serve a vital market and support a greener future.

For more information on First Cobalt Corp., visit: First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF).
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 1512
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Previous

Return to QualityStocks Featured Companies

Who is online

Users browsing this forum: No registered users and 1 guest

cron