First Cobalt (TSXV: FCC; US-OTC: FTSSF) has tabled its first resource estimate for its 100%-owned Iron Creek cobalt project in Idaho.
The project contains 29.6 million tonnes grading 0.08% cobalt and 0.3% copper or 0.11% cobalt equivalent for 45 million lb. cobalt and 175 million lb. copper in pit constrained and underground resources.
The company also considered an underground only resource containing 4.9 million inferred tonnes at 0.32% cobalt and 0.68% copper, or 0.3% cobalt equivalent.
The resource remains open along strike and at depth.
Continue reading at The Northern Miner.
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