First Cobalt more than doubles holdings in Idaho
First Cobalt President and CEO Trent Mell outside the Iron Creek adit. (
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has more than doubled its holdings in Idaho around its Iron Creek project, which the company describes as one of the few primary cobalt deposits in the world.
The expansion, the second in a month, increases the company’s land position to over 1,820 hectares thanks to an earn-in agreement into
Phoenix Copper’s (LSE: PXC) Redcastle cobalt asset.
Redcastle is next to First Cobalt’s Iron Creek project and east of the Toronto-based company’s Ruby Zone cobalt-copper prospect.