TerraX expands Giant/Con gold system in the Gull and Rater Lake areas, samples up to 171 g/t Au

TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF – http://www.commodity-tv.net/c/search_adv/?v=298245) is pleased to announce further assay results from the Company’s summer field program on the Yellowknife City Gold project.

High grade gold assays from grab sampling have extended the strike of the Gull and Rater Lake zones. As previously reported these new targets are in the same mafic volcanic geology that also hosted the Giant and Con mines, and are within TerraX’s Core Gold exploration area. The highlight assays are 171.0 g/t Au, 5.60 g/t Au, 5.29 g/t Au, and 4.49 g/t Au on the Rater Lake zones, and 72.0 g/t Au, 52.5 g/t Au, 29.0 g/t Au, and 12.95 g/t Au on the Gull Lake Zone.

David Suda, President and CEO stated: “The results of our summer field work continue to feed our pipeline of drill targets.” David Suda further stated: “It is highly encouraging to see surface results which extend potential strike to the Giant mine structure.”

These gold zones are interpreted as being the continuation of the Giant Mine gold system. The Rater Lake structure has been followed for 300 meters north, and then appears to be offset to the west on the Akaitcho Fault, possibly continuing as the Gull Lake structure for another 1200 meters north. A second sub-parallel zone appears on the south side of Rater Lake with high grade values up to 171 g/t Au.  (see map available here). The multiple gold bearing structures in this area enhance the expanding resource potential of the Northbelt Core Gold Area.

Assay values from grab sampling at Gull and Rater Lakes range from nil to a high of 171.0 g/t Au.  Sampling included insertion of certified standards and blanks into the stream of samples for chemical analysis. Samples were prepared at ALS Chemex’s laboratory in Yellowknife and shipped to their Vancouver facility for gold analysis by fire assay and other elements by ICP analysis. ALS is a certified and accredited laboratory service.  It should be noted that, due to their selective nature, assay results from grab samples may not be indicative of the overall grade and extent of mineralization on the subject area.

The technical information contained in this news release has been approved by Joseph Campbell, Executive Chairman of TerraX, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About the Yellowknife City Gold Project

The Yellowknife City Gold ("YCG") project encompasses 772 sq km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, TerraX controls one of the six major high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the main mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent high-grade drill results that serve to indicate the project’s potential as a world-class gold district. 

For more information on the YCG project, please visit our web site at www.terraxminerals.com.

On behalf of the Board of Directors

"DAVID SUDA"

David Suda
President and CEO

For more information, please contact:

Samuel Vella
Manager of Corporate Communications
Phone: 604-689-1749
Toll-Free: 1-855-737-2684
svella@terraxminerals.com

In Europe:
Swiss Resource Capital AG – Jochen Staiger
info@resource-capital.ch  – www.resource-capital.ch

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

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U.S. Gold Corp. Plans to Commence Drilling at Potato Canyon on the Keystone Project, Cortez Gold Trend, Nevada

U.S. Gold Corp. (NASDAQ: USAU – https://www.youtube.com/watch?v=ChN1Np86Y14&list=PLBpDlKjdv3ypePSjA92Wmh3WOf56GWQ8q&index=3&t=7s  ), a gold exploration and development company, is pleased to announce it plans to commence drilling in the Potato Canyon area in the Southwest section of the Keystone Project. 

The Potato Canyon area, located in the Southwest portion of the Keystone District, is the newest staked, 2017 vintage, land position of the Keystone project.  U.S. Gold Corp. has not previously drilled in the Potato Canyon area.  A new Notice of Intent (NOI), the fifth in the district, has been established for the initial drilling operations.  U.S. Gold Corp. plans to drill a minimum of 2 scout holes, each to depths of up to 2,000 feet for a total of 4,000 feet (1275 meters).  The scout holes will examine the geology of the Potato Canyon area and provide an initial assessment of some altered areas with very anomalous surface geochemistry including gold in rock samples in the 1 to 5 g/t range.  Importantly, in the Potato Canyon area, Devonian-Silurian Roberts Mountains Formations is locally exposed at the surface.  Roberts Mountains Formation comprises lower plate host rocks characteristics and this program will also provide important sub-surface gold-bearing hydrothermal system information in the Potato Canyon area and specifically within Roberts Mountains Formation.

U.S. Gold Corp. will also drill a minimum of one additional offset hole to follow up on the encouraging drill hole KEY17-08rc, drilled in the Fall of 2017.  At least one angled offset hole is planned to be drilled to a depth of 2,000 feet (639 meters) off the existing drill pad.  Hole KEY17-08rc intersected significantly anomalous gold up to 736 ppb between 665 and 1195 feet, within a thick zone of brecciated Devonian Horse Canyon Formation that is also generally highly anomalous in arsenic and intruded by both siliceous and mafic igneous rocks, probably as sills.  This (these) hole(s) will provide important gold system vector(s).

Dave Mathewson, Vice President of Exploration for U.S. Gold Corp., states, "We are pleased to commence our 2018 drilling season at Keystone.  We believe the scout holes at Potato Canyon will provide important additional information.  At Keystone, we realized early on that we were working on a large, robust Carlin-type gold system, but we did not have all the property area that we now have.  In addition, there were very large voids in much of the historic data with which we began.  We believe, however, that all drilling to date has provided important tactical information and encouraging gold system results.  The excellent host characteristics of Devonian Horse Canyon and Wenban, and the upper Devonian and Silurian Roberts Mountains Formations, are now well-established.  Large bodies of dissolution-related collapse breccias with associated and hydrothermal styles of alteration, including silicification, argillization and sulfidation; multiple types and styles of system-related dikes and sills; and local thick anomalous gold zones associated with very strong pathfinder elements, including the presence of locally abundant arsenopyrite, realgar and orpiment, have been encountered in the scout drilling.  The offset hole(s) to follow up on KEY17-08rc will provide additional targeting methodology for future drilling.”  

“The late winter snows in 2018 and wet spring rains have kept most of the Keystone property inaccessible until this point.  As we commence drilling at Potato Canyon, we are still in close contact with the Bureau of Land Management (BLM) regarding our Environmental Assessment (EA).  All the studies for the EA have been completed and we have feedback from the BLM that we would potentially receive approval by the end of the summer 2018.  Our 2018 iterative site-specific target drilling program will commence as soon as the EA is approved, and a Plan of Operation is in place.” 

About U.S. Gold Corp.

U.S. Gold Corp. is a publicly traded U.S.-focused gold exploration and development company. U.S. Gold Corp. has a portfolio of development and exploration properties. Copper King is located in Southeast Wyoming and has a Preliminary Economic Assessment (PEA) technical report, which was completed by Mine Development Associates. Keystone is an exploration property on the Cortez Trend in Nevada, identified and consolidated by Dave Mathewson. For more information about U.S. Gold Corp., please visit www.usgoldcorp.gold.

Forward-looking and cautionary statements

Forward-looking statements in this press release and all other statements that are not historical facts are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, risks arising from: changes in the price of gold and mining industry cost inputs, environmental and regulatory risks,  risks faced by junior companies generally engaged in exploration activities, and other factors described in the Company’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K filed with the Securities and Exchange Commission, which can be reviewed at www.sec.gov. We make no representation or warranty that the information contained herein is complete and accurate, and we have no duty to correct or update any information contained herein.

INVESTOR CONTACT:
U.S. Gold Corp. Investor Relations:
+1-800-557-4550
ir@usgoldcorp.gold
www.usgoldcorp.gold

In Europe:

Swiss Resource Capital AG
info@reosurce-capital.ch
www.resource-capital.ch

 

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Fission Hits Six High-Grade Holes; Completes Winter Program

FISSION URANIUM CORP. ("Fission" or “the Company" – https://www.youtube.com/watch?v=MGEAu20HKc4) is pleased to announce results from its final drill holes completed during the winter program at its’ PLS property, in Canada’s Athabasca Basin region. These include six resource-upgrade holes, which intercepted wide, high-grade radioactivity, including PLS18-573 (line 510E), which returned 11.65m of total composite >10,000 cps in 119.0M of total composite mineralization. In addition, nineteen geotechnical holes including three rock mechanic and sixteen overburden holes were completed along with two hydrogeology holes as Fission continues to acquire and evaluate data for the PLS pre-feasibility study “PFS” planned to be completed by the end of 2018.

Ross McElroy, President, COO, and Chief Geologist for Fission, commented,

"The Winter program has been a great success. As previously announced our exploration efforts have resulted in expanding the footprint of the R1515W zone with multiple high-grade step outs (see news release Mar 13, 2018) and now the PFS focused activities are likewise producing encouraging results: six in-fill holes designed to upgrade key areas of the Triple R deposit from inferred to indicated classification all intersected mineralization where projected. In addition, a series of detailed overburden and bedrock geotechnical holes tested their targets successfully and preliminary results indicate that the assumptions made with respect to mine design at the Preliminary Economic Assessment “PEA” level were reasonable, with detailed analysis and implementation into the mine design continuing over the next several months.”

Winter Program PFS Work Highlights

  • A total of six in-fill holes (1,915m) targeted key high-grade areas of the R780E zone, which are presently classified as inferred, with the intent to upgrade those areas to indicated. It is anticipated that upgrading key areas of the resource from inferred to indicated would have a positive impact on the resource used for the PFS.
  • All six resource upgrade holes hit wide, high-grade mineralization, including hole PLS18-573 (line 510E)
    • 0m total composite mineralization over a 177.0m interval (between 59.5m – 236.5m), including
      • 65m of total composite mineralization >10,000 cps
    • Geotechnical drilling and analysis of rock mechanics in bedrock (3 holes totaling ~703m) in the proposed R780E open pit area
    • Geotechnical drilling of overburden where a proposed ring dike surrounding the open-pit perimeter would be located (16 holes totaling 1,028m)
    • Re-drill hydrogeological holes required for long-term ground-water analysis (2 holes totaling 240m)
    • Continuation of the Phase 2 metallurgical study
    • Continuation of data collection and analysis of the Baseline Environmental Study
    • Continuation of engagement with First Nations, community and government

The geotechnical program is important because any mine design contemplated at the “PEA” level (as completed 2015) is to a great degree, conceptual in nature. The winter 2018 geotechnical program has acquired data needed to confirm important assumptions, which, in turn, will further de-risk the project. All aspects of the winter geotechnical program were successfully completed, and preliminary results support the assumptions made for the PEA, particularly regarding physical properties of the overburden and low incidence of boulders within the glacial till. Analysis will continue during 2018. 

Natural gamma radiation in drill core that is reported in this news release was measured in counts per second (cps) using a hand held RS-121 Scintillometer manufactured by Radiation Solutions, which is capable of discriminating readings up to 65,535 cps. Natural gamma radiation in the drill hole survey that is reported in this news release was measured in counts per second (cps) using a Mount Sopris 2GHF-1000 Triple Gamma probe, which allows for more accurate measurements in high grade mineralized zones.  The Triple Gamma probe is preferred in zones of high grade mineralization.  The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials. The degree of radioactivity within the mineralized intervals is highly variable and associated with visible pitchblende mineralization. All intersections are down-hole.  All depths reported of core interval measurements including radioactivity and mineralization intervals widths are not always representative of true thickness.  The orientation of the mineralized intervals tend to follow that of lithologic contacts, and generally dip steeply to the south. Within the Triple R deposit, individual zone wireframe models constructed from assay data and used in the resource estimate indicate that all 5 zones have a complex geometry controlled by and parallel to steeply south-dipping lithological boundaries as well as a preferential sub-horizontal orientation. 

PLS Mineralized Trend & Triple R Deposit Summary

Uranium mineralization of the Triple R deposit at PLS occurs within the Patterson Lake Conductive Corridor and has been traced by core drilling over ~3.18km of east-west strike length in five separated mineralized "zones" which collectively make up the Triple R deposit. From west to east, these zones are: R1515W, R840W, R00E, R780E and R1620E. Through successful exploration programs completed to date, Triple R has evolved into a large, near surface, basement hosted, structurally controlled high-grade uranium deposit.  The discovery hole was announced on November 05, 2012 with drill hole PLS12-022, from what is now referred to as the R00E zone. 

The R1515W, R840W and R00E zones make up the western region of the Triple R deposit and are located on land, where overburden thickness is generally between 55m to 100m.  R1515W is the western-most of the zones and is drill defined to ~90m in strike-length, ~68m across strike and ~220m vertical and where mineralization remains open in several directions.  R840W is located ~515m to the east along strike of R1515W and has a drill defined strike length of ~430m.  R00E is located ~485m to the east along strike of R840W and is drill defined to ~115m in strike length.  The R780E zone and R1620E zones make up the eastern region of the Triple R deposit.  Both zones are located beneath Patterson Lake where water depth is generally less than six metres and overburden thickness is generally about 50m.  R780E is located ~225m to the east of R00E and has a drill defined strike length of ~945m.  R1620E is located ~210m along strike to the east of R780E, and is drill defined to ~185m in strike length.

Mineralization along the Patterson Lake Corridor trend remains prospective along strike in both the western and eastern directions. Basement rocks within the mineralized trend are identified primarily as mafic volcanic rocks with varying degrees of alteration.  Mineralization is both located within and associated with mafic volcanic intrusives with varying degrees of silicification, metasomatic mineral assemblages and hydrothermal graphite. The graphitic sequences are associated with the PL-3B basement Electro-Magnetic (EM) conductor.

Patterson Lake South Property

The 31,039 hectare PLS project is 100% owned and operated by Fission Uranium Corp. PLS is accessible by road with primary access from all-weather Highway 955, which runs north to the former Cluff Lake mine and passes through the nearby UEX-Areva Shea Creek discoveries located 50km to the north, currently under active exploration and development.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Ross McElroy, P.Geol., President and COO for Fission Uranium Corp., a qualified person.

About Fission Uranium Corp.

Fission Uranium Corp. is a Canadian based resource company specializing in the strategic exploration and development of the Patterson Lake South uranium property – host to the class-leading Triple R uranium deposit – and is headquartered in Kelowna, British Columbia.  Fission’s common shares are listed on the TSX Exchange under the symbol "FCU" and trade on the OTCQX marketplace in the U.S. under the symbol "FCUUF."

Cautionary Statement:

Certain information contained in this press release constitutes “forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", “forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or “has the potential to”.  Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of Fission and Fission Uranium which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and the Company and Fission Uranium disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

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First Cobalt Intersects High Grade Cobalt at Bellellen

First Cobalt Corp. (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) (the “Company” – https://www.youtube.com/…) today announced positive drill results from the historic Bellellen mine in the Cobalt Camp, Ontario. These early results confirm the presence of high grade cobalt and nickel along the known Bellellen vein system south of the historic mine workings.
Highlights
• 2.0 metres of 0.78% Co and 0.83% Ni, including 1.1 metres of 1.35% Co and 1.47% Ni along the Bellellen Vein system that extends for approximately 300 metres of strike length
• Several calcite veins and disseminated zones of mineralization have been intersected
• Assays pending for additional 12 holes drilled as part of the 1,100m program at Bellellen
• Further support to the thesis of metal zoning of cobalt-nickel rich versus silver rich areas within a single hydrothermal system; a relationship seen elsewhere in the Camp

Trent Mell, President & Chief Executive Officer, commented:
“First assays from Bellellen drilling confirm the grades found in muckpile material sampled in 2017 and support our view that we now have a third area of interest in the Cobalt Camp. The Bellellen structure has adequate strike length to remain a priority target. Our 2018 drill strategy is to test several new target areas to confirm the cobalt grades of known systems throughout the Camp and then focus on those of sufficient size to support large tonnage operations.”

Drilling at Bellellen began in January 2018 with 13 holes completed for over 1,100 metres. The program was intended to confirm the presence of cobalt-nickel mineralization away from historic mining and to identify the distribution of both vein-style and disseminated-style mineralization previously sampled from underground material.

Drill holes targeted the north-south trending Bellellen Vein and the northeast trending Frontier 2 Vein (Figure 1). In places, two holes were collared at the same location with different dip orientation to determine the direction of the veins.

Assays have been received from hole FCC-18-0007, returning 2.0m of 0.78% Co and 0.83% Ni, including 1.1m of 1.35% Co and 1.47% Ni. The mineralized intercept was about 20m from surface in a zone containing several veins (Figure 2). The highest grade of 2.40% Co over 0.3m represents visible cobalt minerals that also likely contain nickel. Anomalous cobalt (>0.05%) occurs within wallrocks on the margins of the high grade zone without visible veining. Fine disseminated cobalt minerals are likely present. Silver is relatively low suggesting the Bellellen area may represent a cobalt-nickel rich zonation in proximity to the silver-rich vein system at Keeley-Frontier.

Table 1. Summary of assay results from hole FCC-18-0007
From To Width Co Ag Ni
Sample ID – m – m – m – % – g/t – %
E6607467 – 26.2 – 26.5 – 0.3 – 0.05 – 2 – 0.03
E6607468 – 26.5 – 26.8 – 0.3 – 0.73 – 1 – 1.26
E6607469 – 26.8 – 27.3 – 0.5 – 1.11 – 3 – 1.78
E6607470 – 27.3 – 27.6 – 0.3 – 2.40 – 2 – 1.18
E6607472 – 27.6 – 28.2 – 0.6 – 0.05 – 4 – 0.02
average – 26.2 – 28.2 – 2.0 – 0.78 – 3 – 0.83
including – 26.5 – 27.6 – 1.1 – 1.35 – 2 – 1.47

Note: Lengths are measured along the drill core and true widths of mineralization are not known at this time.
Several holes in this program intersected carbonate veins containing cobalt-nickel minerals as well as pyrite, pyrrhotite and chalcopyrite. In some holes tight folding of the volcanic rocks is evident and the Nipissing Diabase appears to be deeper than expected from bedrock mapping. The overall structural interpretation of the Bellellen area is ongoing to determine if these high grade cobalt-nickel veins are locally concentrated where folds converge.

Figure 1. Bedrock geology and location of drilling stations in the 2017 drilling program. Silver-cobalt veins shown are compiled from historic maps and locations shown not be considered exact.
Cobalt-bearing minerals in hole FCC-18-0007 occur as discrete bands associated with small, centimetre-sized calcite veins occurring within chloritized mafic volcanic rocks. Disseminated pyrite and arsenopyrite occur in the wallrocks of the veins. Arsenopyrite is associated with anomalous cobalt. The hole was collared over 150m south of the main Bellellen mine shaft. Drill holes FCC-18-0008 and FCC-18-0013 were drilled to test the dip extension of the cobalt mineralization in FCC-18-0007. Disseminated pyrite and arsenopyrite as well as calcite veins have also been noted in these holes.

Elsewhere in the Cobalt Camp at the Silverfields mine, high cobalt-nickel mineralization occurs along the margin of high grade silver veins, defining an extensive system. Silverfields produced approximately 18 million ounces of silver and was one of the largest producers, with over one million tonnes milled, in the Cobalt Camp.

Figure 2. East-west geologic cross section of FCC-18-0007 and nearby drill holes. The section is 40m thick. Grid blocks are 50m by 50m. Easting co-ordinates are in UTM NAD83 Zone 17 co-ordinate system.
For a table of drill hole assay results to date, visit https://firstcobalt.com/….

Bellellen Mine
Mining at Bellellen mine began in 1909 around the same time the Haileybury, Frontier and Keeley mines began operations. The Bellellen mine contained high cobalt content relative to silver, thus it struggled to be economically viable in a silver mining era. Bellellen had intermittent production until 1943, when 12.3 tons of ore were shipped containing 9.25% Co and 11.55% Ni.
At Bellellen, the Nipissing Diabase has been interpreted at a depth of 125 metres below surface within a fold hinge. Between surface and the diabase, a thick sequence of mafic volcanic rocks occurs, suggesting depth potential to the known Co-Ag mineralization may exist in this area.

Samples from surface muckpiles at Bellellen returned high values of Co coincident with Ag, Ni and Cu in various styles of mineralization (see September 28, 2017 press release). Mineralogy work on disseminated style mineralization found Co as glaucodot (Co,Fe)AsS as well as Co-bearing pyrite (see October 5, 2017 press release). This style of mineralization had not previously been recognized in the Cobalt Camp and suggests a broad hydrothermal system may be present at Bellellen.
Quality Assurance and Quality Control

First Cobalt has implemented a quality-control program to comply with common industry best practices for sampling and analyses. Samples are collected from drill core from a range of 30 to 100cm length. Half-core samples are submitted for analyses. Standards and blanks are inserted every 20 samples. Duplicates are made from quarter core splits every 20 samples. Geochemical data were received from SGS Canada in Lakefield, Ontario, Canada. No QA/QC issues have been noted. SGS has used a sodium-peroxide fusion and ICP finish for analyses on all samples. Over-range (> 1%) Co and Ni are determined by a separate fusion and ICP finish.
Qualified and Competent Person Statement

Dr. Frank Santaguida, P.Geo., is the Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the contents of this news release. Dr. Santaguida is also a Competent Person (as defined in the JORC Code, 2012 edition) who is a practicing member of the Association of Professional Geologists of Ontario (being a ‘Recognised Professional Organisation’ for the purposes of the ASX Listing Rules). Dr. Santaguida is employed on a full-time basis as Vice President, Exploration for First Cobalt. He has sufficient experience that is relevant to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code.

About First Cobalt
First Cobalt is the largest land owner in the Cobalt Camp in Ontario, Canada. The Company controls over 10,000 hectares of prospective land and 50 historic mines as well as a mill and the only permitted cobalt refinery in North America capable of producing battery materials. First Cobalt began drilling in the Cobalt Camp in 2017 and seeks to build shareholder value through new discovery and growth opportunities.

On behalf of First Cobalt Corp.
Trent Mell
President & Chief Executive Officer
For more information visit www.firstcobalt.com or contact:
Heather Smiles
Investor Relations
info@firstcobalt.com
+1.416.900.3891
In Europe:
Swiss Resource Capital AG
Jochen Staiger
info@resource-capital.ch
www.resource-capital.ch

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements

This news release may contain forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects‘, "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include the reliability of the historical data referenced in this press release and risks set out in First Cobalt’s public documents, including in each management discussion and analysis, filed on SEDAR at www.sedar.com. Although First Cobalt believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, First Cobalt disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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Group Ten: Jetzt sind 100% am Platin- und Palladiumprojekt Spy sicher!

Die kanadische Group Ten Metals (TSX-V PGE / FSE 5D32) hat zuletzt durch einen spektakulären Coup auf sich aufmerksam gemacht, als man sich eine vielversprechende Landposition direkt neben der größten Platin- und Palladiummine der USA von Sibanye-Stillwater sicherte. Auch wenn diesem Stillwater West-Projekt in Zukunft das Hauptaugenmerk des Unternehmens gelten dürfte, verfügt Group Ten doch auch über weitere, sehr aussichtsreiche Projekte. Dazu meldete man heute interessante Neuigkeiten!

Brandaktuell teilte das Unternehmen nämlich mit, dass man nun alle Anforderungen der Earn-in-Vereinbarung für die Platin-, Palladium-, Nickel- und Kupferliegenschaft Spy erfüllt hat. Damit hält das Unternehmen nun 100% an dem vielversprechenden Projekt, dessen Fläche man zudem durch das Abstecken weiterer Claims weiter ausgedehnt hat.

Spy besteht nun aus 201 Claims, die eine Fläche von 41 Quadratkilometern abdecken und im so genannten Kluane Mafic-Ultramafic Belt liegen. Dabei handelt es sich um einen Gesteinsgürtel mit mehreren Platin-, Palladium-, Nickel- und Kupferlagerstätten, der sich vom Norden British Columbias durch den Yukon bis ins Zentrum von Alaska erstreckt.

Lesen Sie hier den vollständigen Bericht:

Group Ten: Jetzt sind 100% am Platin- und Palladiumprojekt Spy sicher!

Risikohinweis: Die GOLDINVEST Consulting GmbH bietet Redakteuren, Agenturen und Unternehmen die Möglichkeit, Kommentare, Analysen und Nachrichten auf http://www.goldinvest.de zu veröffentlichen. Diese Inhalte dienen ausschließlich der Information der Leser und stellen keine wie immer geartete Handlungsaufforderung dar, weder explizit noch implizit sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Des Weiteren ersetzten sie in keinster Weise eine individuelle fachkundige Anlageberatung und stellen weder ein Verkaufsangebot für die behandelte(n) Aktie(n) noch eine Aufforderung zum Kauf oder Verkauf von Wertpapieren dar. Es handelt sich hier ausdrücklich nicht um eine Finanzanalyse, sondern um werbliche / journalistische Texte. Leser, die aufgrund der hier angebotenen Informationen Anlageentscheidungen treffen bzw. Transaktionen durchführen, handeln vollständig auf eigene Gefahr. Es kommt keine vertragliche Beziehung zwischen der der GOLDINVEST Consulting GmbH und ihren Lesern oder den Nutzern ihrer Angebote zustande, da unsere Informationen sich nur auf das Unternehmen beziehen, nicht aber auf die Anlageentscheidung des Lesers.

Der Erwerb von Wertpapieren birgt hohe Risiken, die bis zum Totalverlust des eingesetzten Kapitals führen können. Die von der GOLDINVEST Consulting GmbH und ihre Autoren veröffentlichten Informationen beruhen auf sorgfältiger Recherche, dennoch wird jedwede Haftung für Vermögensschäden oder die inhaltliche Garantie für Aktualität, Richtigkeit, Angemessenheit und Vollständigkeit der hier angebotenen Artikel ausdrücklich ausgeschlossen. Bitte beachten Sie auch unsere Nutzungshinweise.

Gemäß §34b WpHG und § 48f Abs. 5 BörseG (Österreich) möchten wir darauf hinweisen, dass die GOLDINVEST Consulting GmbH und/oder Partner, Auftraggeber oder Mitarbeiter der GOLDINVEST Consulting GmbH Aktien der Group Ten Metals halten und somit ein Interessenskonflikt besteht. Die GOLDINVEST Consulting GmbH behält sich zudem vor, jederzeit Aktien des Unternehmens kaufen oder verkaufen zu können. Dies kann unter Umständen den jeweiligen Aktienkurs des Unternehmens beeinflussen. Die GOLDINVEST Consulting GmbH hat aktuell eine Auftragsbeziehung mit dem Unternehmen über welches im Rahmen des Internetangebots der GOLDINVEST Consulting GmbH sowie in den sozialen Medien, auf Partnerseiten oder in Emailaussendungen berichtet wird, was ebenfalls einen Interessenkonflikt darstellt. Die vorstehenden Hinweise zu vorliegenden Interessenkonflikten gelten für alle Arten und Formen der Veröffentlichung, die die GOLDINVEST Consulting GmbH für Veröffentlichungen zu Group Ten Metals nutzt. Wir können außerdem nicht ausschließen, dass andere Börsenbriefe, Medien oder Research-Firmen die von uns empfohlenen Werte im gleichen Zeitraum besprechen. Daher kann es in diesem Zeitraum zur symmetrischen Informations- und Meinungsgenerierung kommen. Für die Richtigkeit der in der Publikation genannten Kurse kann keine Garantie übernommen werden.

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