Part of the Stock Digest group of websites: Visit Tech Stock Digest  

First Cobalt to spend A$9m on new project

PERTH ( – ASX- and TSX-listed First Cobalt has approved a A$9-million works programme at the Iron Creek project, in the US.

First Cobalt acquired the Iron Creek project through its takeover of US Cobalt in June.

The company said on Tuesday that its 2018 drill campaign at Iron Creek would cover some 30 000 m and will consist of 70 holes aimed at extending the known mineralisation along strike, and to bring a portion of the inferred mineral resource estimate into the measured and indicated categories.

A mineral resource estimate is expected in October this year.

“First Cobalt acquired US Cobalt because we believe that Iron Creek is one of the most prospective and advanced projects in North America,” said CEO and president Trent Mell.

Click here to continue reading...

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.



Name Last Change
DOW 25017.40 1.58%
S&P 500 2690.73 1.69%
NASDAQ 7028.48 3.12%
TSX 15071.01 0.56%
TSX-V 615.24 0.00%

Resource Commodities

Name Last Change
Gold 1224.99 0.08%
Silver 14.44 0.14%
Copper 2.80 0.000
Platinum 849.00 0.29%
Oil 56.76 0.53%
Natural Gas 4.70 9.11%
Uranium 29.18 0.17%
Zinc 1.20 0.00%


Part of the Stock Digest family of websites
Small Cap Stock Digest