First Cobalt Corp says it is beginning a geophysics survey in the historic Canadian Cobalt Camp mining area in Ontario, Kallanish reports.

The object is to generate 3D imaging of high-grade cobalt and silver veins for future drill targeting at Kerr within the Cobalt Camp where previous high-grade drill intercepts included up to 0.28% cobalt and 1,442 grams/tonne silver over 2.5 metres, says the company. It notes that induced polarisation and resistivity surveys have been effective in identifying cobalt-silver mineralisation in the region.

It says it intends to trace extensions to mineralisation in one of the richest past producing areas of the Cobalt Camp where eight historic mining operations produced more than 75 million ounces of silver. The survey will cover an area 0.4 square kilometres.

Targets generated by the geophysical program will be drilled in the future, using proceeds from a recent flow-through financing, it says.

“The survey is a kickstart to revitalising our exploration interest in the Cobalt Camp,” says president and ceo Trent Mell in a statement. “Our previous work outlined several areas for follow-up across our extensive land package. The Kerr area shows promise that unmined high-grade cobalt and silver mineralisation remains, but we are also excited about the potential for raw discoveries of entirely new mineralised zones in Cobalt Central at both Schumann and Caswell where we plan to work this winter and spring.”

The Schumann and Caswell areas have not been extensively explored due to cover over the desired rocks, the company says.

First Cobalt is the largest landowner in Cobalt Camp with 10,000 hectares and 50 historic mines. Drilling has identified two mineralised zones in the Kerr area over a 500m strike length corresponding to four old mines. To the south, a second strike extending more than 350m has been discovered. Drilling near Drummond has intersected cobalt-silver mineralisation across an area of 300m by 300m. Targets have also been identified in the New Lake area and the western portion of the Schumann Lake area.

Copper and nickel have also been found, and continuity of cobalt-silver mineralisation has not yet been determined but intersection widths and grades show potential, it says. Its new conceptual modelling for mineralisation in the Kerr area has also identified a number of new untested targets in and around Cobalt Camp, the company says.

Over 60 years, Cobalt, Ontario, has produced 50 million pounds of cobalt.