Released today Canada time, after market close in Australia:
https://www.firstcobalt.com/investors/news/index.php?content_id=156
The juice:
Highlights
[mods hate a complete cut and paste, please open release linked above]
- New assay results confirm the mineralized zone at the Kerr #2 target has doubled in strike length from the previously reported 100m to over 200m
- The zone contains a polymetallic network of veins and disseminated mineralization with cobalt, silver, copper, lead and zinc
- High grade intercepts include 0.56% Co over 1.8m as well as 1.45% Co, 940 g/t Ag and 0.44% Ni over 0.3m within longer intervals of mineralization including 5.0m of 0.10% Coand 4.6m of 0.27% Co
- A silver intercept of 8.0m of 31 g/t Ag is part of the same vein network, highlighting the potential for undiscovered cobalt-rich areas near the historic mines
- Mineralized zone remains open along strike and drilling in the area is ongoing
Ash
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First Cobalt Doubles Length of Kerr Area Target
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