First Cobalt today announced it has successfully produced a battery grade cobalt sulfate using the First Cobalt Refinery flowsheet. This significant milestone brings the Company closer to recommissioning the only permitted primary cobalt refinery in North America. With this information, discussions currently underway with automotive companies, cobalt miners and capital providers can now move to a more advanced stage [...]
First Cobalt Corp. is pleased to announce the closing of the non-brokered private placement previously announced on March 4, 2019 to raise gross proceeds of $1,604,385 by issuing 8,913,251 units of the Company at a price of $0.18 per Unit. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one additional Common Share at [...]
First Cobalt Corp. is pleased to report that a 611-metre drill hole has extended mineralization by an additional 150 metres downdip in the central portion of the Iron Creek Cobalt Project in Idaho, USA. Highlights Longest hole drilled to date at Iron Creek at 611m, extends No Name Zone mineralization by an additional 150m Broad intercepts such as 12.0m of 0.20% Co, including 3.9m of 0.35% Co , extend the dip extent of the [...]
First Cobalt Corp. is pleased to announce the appointment of former Governor C.L. "Butch" Otter to the Company's Board of Directors. Gov. Otter has had a long and prominent political career including both federal and state positions. In January 2019, Gov. Otter retired as Governor of Idaho following a 12-year tenure, making him the longest consecutively-serving governor in the United States. The addition of Gov. Otter to [...]
First Cobalt Corp. is pleased to report drill results from its Iron Creek Cobalt Project in Idaho, USA, that continue to extend the strike length and width of the mineralized zones to the east of the current resource area as well as downdip a further 100 metres. Highlights Mineralization extended another 75 metres to the east with cobalt grades comparable to the Inferred resource estimate, such as 6.9m of 0.20% Co [...]
First Cobalt Corp. is pleased to report drill results from its Iron Creek Cobalt Project in Idaho, USA, that continue to extend the strike and width of the mineralized zones while also identifying more copper-rich areas to the west of the deposit. Highlights Cobalt-copper mineralization extended by 120 metres westward along strike in the Waite Zone and to a depth of 300 metres Extensions of particularly copper-rich [...]
First Cobalt Corp. is pleased to provide interim results from ongoing testing of cobalt hydroxide material as potential feedstock for the First Cobalt Refinery in Ontario, Canada. The preliminary test results reported today provide further confidence that the First Cobalt Refinery flowsheet is suitable to receive cobalt hydroxide feed material. Highlights 98% of cobalt successfully leached from cobalt hydroxide material [...]
First Cobalt Corp. is pleased to report drill results from its Iron Creek Cobalt Project in Idaho, USA, that extend mineralization at depth and continue to demonstrate thick mineralized areas between the two known zones as well as in the footwall and hangingwall of the current resource area. Highlights Mineralization extended an additional 100m to 250m from surface in the central portion of the current resource area at [...]
First Cobalt Corp. announces the departure of independent director Jeff Swinoga. Jeff will be joining EY Canada as Partner and National Mining & Metals Leader. Mr. Swinoga has been invaluable to First Cobalt and will continue to act in an advisory capacity to the Company, however this new role requires his resignation from the Company's board of directors. The Company thanks him for his invaluable contributions. About [...]
First Cobalt Corp. is pleased to announce it has engaged Brown and Caldwell at the Iron Creek Project to provide guidance on permitting and to develop an environmental baseline study strategy. Trent Mell, President & Chief Executive Officer, commented: "First Cobalt's strategy in 2019 is to advance and de-risk our two key assets: the Iron Creek Project in Idaho, USA and the First Cobalt Refinery in Ontario, Canada [...]
First Cobalt Corp. announces it has filed a preliminary short form base shelf prospectus with the securities regulators in the Provinces of Alberta, British Columbia and Ontario. When made final or effective, this filling will allow the Company to make offerings of common shares, subscription receipts, warrants or any combination thereof of up to C$20 million during the 25-month period that the base shelf prospectus is [...]
First Cobalt Corp. is pleased to report that drill results from its Iron Creek Cobalt Project in Idaho, USA extend mineralization at depth and demonstrate additional mineralization between the two known zones as well as in the footwall of the Waite Zone. Highlights Broad widths of high grade mineralization continue to be intercepted in the eastern portion of the current resource area 32.3m of 0.31% Co and 0.31% Cu in [...]