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92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Explores Remote Reserves to Serve Urban Regions

  • Northwest Territories lithium project developing promising formations
  • Local government grant provides project cost options
  • Quebec property’s lithium potential may also help meet tech battery needs

Canada’s secluded far north is energizing plans to provide urban societies in the earth’s more populated regions with eco-friendly travel options as automakers prepare for a new generation of technological advancements, and 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) is exploring how to be part of the trend.

The subarctic Northwest Territories early-stage mining project is developing four promising spodumene pegmatite geologic formations (http://dtn.fm/Yi6Bs) that are expected to prove lithium-bearing, thanks to scoping test work last year that achieved overall mineral extraction of 97 percent from concentrate (http://dtn.fm/nurE8).  The four formations that were sampled cross 2,080 meters and are among 60 channels sampled on the 1,849-hectare (4,569-acre) property north of Great Slave Lake’s shores. Crystals up to 36 inches long were reported.

The project, dubbed the Hidden Lake Lithium Project, benefitted from a $140,000 government grant recognizing the property’s “highly ranked” potential under the Northwest Territories Mining Incentive Program in June (http://dtn.fm/ltC7T).  Although Canada’s subarctic zone is remote from most populated centers, the Hidden Lake project has the advantage of being accessible from the Northwest Territories’ capital city some 40 km (25 miles) away.

The company is also working to develop expected lithium reserves in Quebec and silica sand samplings in British Columbia. The Quebec exploration covers over 114,000 acres where 115 mineral claims are examining known large-crystal pegmatites outcroppings.

Lithium has become an in-demand mineral resource as automakers begin working in earnest toward delivering electric vehicles powered by lithium and cobalt batteries. Current lithium supplies are expected to fall short of the rising demand, making new explorations an attractive venture.  In addition to automotive uses, lithium-powered energy sources are being utilized for mobile phones and home computer applications. Industrial-sized lithium battery systems are also being put to work in some power infrastructures.

“We have great exploration ahead of us at Hidden Lake. We are going to drill these things and try to build ore bodies. Hopefully it’s that easy,” Jody Dahrouge, a consultant and major shareholder in 92 Resources, said during an October 2017 interview (http://dtn.fm/44oOB). “We’ve done a bit of metallurgical work already to make sure there are no insurmountable hurdles at this early stage. Everything looks extremely positive.”

For more information, visit the company’s website at www.92Resources.com

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Rising Zinc Prices Drive Blue Moon Zinc Corp.’s (TSX.V: MOON) (OTC: BMOOF) Desire to Reopen Mine

  • Price of zinc rising amid demand for steel-galvanizing metal
  • Blue Moon’s California mine was productive during World War II
  • Site sits on 525 acres in Sierra Nevada Mountains

Blue Moon Zinc Corp. (TSX.V: MOON) (OTC: BMOOF) believes it can take advantage of a rare opportunity to enter the resource-hungry zinc metal market by reopening a once-productive zinc mine in California’s gold country.

The company considers it likely that the advanced-stage, 100 percent-owned Blue Moon zinc project on 525 acres, in the Foothills Massive Sulphide Belt of the Sierra Nevada Mountains, will yield a significant ore deposit at the depths of the exploration, where small-scale mining took place during World War II. Soil anomalies near the mine foster hope that there are additional deposits to be found along strike of the zone.

The possibility is an attractive one, given the market factors that drove the London zinc exchange to a decade-high price of more than $3,000 per metric ton in October and a nine-and-a-half-year high on the Shanghai Futures Exchange of more than $4,000 per metric ton.

The principal factors causing a price jump is the low level of the mineral stockpile — the lowest in nearly a decade. For decades the low price of zinc led to the shuttering of projects like Blue Moon’s, but demand has spiraled upward during the past decade, led largely by consumers in China.

A large driver for zinc demand is the metal’s use in galvanizing steel and iron (http://dtn.fm/u7Z6A). An analysis by the International Lead and Zinc Study Group found that demand for zinc grew by 1.14 percent during the first five months of 2017, with mine output rising 6.3 percent and refined metal output up 0.4 percent, according to a report in Mining Weekly (http://dtn.fm/B5wlb). Usage of the refined metal in the United States fell in 2016 but then rebounded with a 19 percent climb, according to the report.

The Blue Moon project will be mined underground. The company has a resource of some 3.7 million indicated tons of ore graded at 8.33 percent zinc equivalent, which could yield about 377 million pounds of the metal at that level and more than 4 million inferred tons more with a grade of 7.84 percent zinc equivalence.

The Blue Moon project also boasts silver, gold, and copper as byproducts. Blue Moon has contracted a preliminary economic assessment of the project that should be completed during the first quarter of 2018.

For more information, visit the company’s website at www.BlueMoonMining.com

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LottoGopher Holdings Inc. (OTCQB: LTTGF) (CSE: LOTO) (FRA: 2LG) Enhances ‘Fun and Games’ Factor of Playing the Lottery

  • LottoGopher service enables players to purchase and manage lottery tickets online
  • Group play option enhances odds of winning
  • Company is working on expansion plan to enter 22 additional states by the end of 2018

Lottery players no longer have to drive to a physical location, stand in line, pay cash and then keep track of lotto tickets, because LottoGopher Holdings Inc. (OTCQB: LTTGF) (CSE: LOTO) (FRA: 2LG) is revolutionizing the lottery market with its pioneering online lottery messenger service. This service enables lotto players to easily and conveniently choose their numbers, order tickets and manage them through an online platform. Tickets can be purchased using debit and credit cards (bitcoin and Ethereum will soon be options, as well), eliminating the cash-only hassles currently faced by the majority of lottery players in the United States.

In addition to these conveniences, LottoGopher is further adding an enjoyable social element for lottery participants, greatly enhancing the fun factor of playing the lotto.

Through the social networking aspect of the Web-based LottoGopher service, players can network with other lottery participants to form game pools and play in groups—no longer bounded by physical distance or limited to one’s acquaintances only. This not only helps players improve their chances of winning but connects them to other lottery enthusiasts in a fun, social way.

Here is the how LottoGopher’s social lottery service works:

  • A player digitally orders Mega Millions, SuperLotto Plus or POWERBALL tickets for the same price they would pay in a store.
  • Using the LottoGopher online platform, the player browses through ticket-pooling groups (which range in size from two to 100 members) or creates their own group.
  • The player visits “My Account,” clicks “My Tickets” and then “Add to Group” to add selected tickets to the group pool. If one player in the group wins, every member shares the prize.

LottoGopher additionally offers tips and strategies for increasing one’s odds of winning in a group, including finding “hot” groups that are winning frequently and finding “due” groups that are overdue for a large prize. The company further gives tips for amplifying one’s enjoyment of the group ticket-pooling process, including advising players to join a group with similar interests as them or playing with people in their own area.

Currently, LottoGopher is only available to Californians, but the company is working diligently to expand its service to other states throughout the country, with plans to enter the lottery markets of more than 22 additional states by the end of 2018. As part of its expansion plan, the company is taking its model and applying it to the existing compliance structures of each individual target state.

LottoGopher is fully compliant with lottery laws and regulations. First-time players checking out the service are offered a free initial ticket as an incentive to try it out. After this free play, they can buy one-day, one-month or one-year passes to use the site.

For more information, visit the company’s website at www.LottoGopher.com

Let us hear your thoughts: LottoGopher Holdings Inc. Message Board

ChineseInvestors.com, Inc. (CIIX) Launches OptHemp Line Through Its Subsidiary, ChineseHempOil.com On Amazon.com (NASDAQ: AMZN) For Singles Day 2017

  • Readies debut of two more new products on Amazon prior to Black Friday and Cyber Monday
  • Company has a strategic partnership with Quiverr Collective, a Top 100 platinum level seller-partner with Amazon Marketplace
  • The New York Times: Alibaba generated record sales of $25.3 billion on Singles Day 2017

ChineseInvestors.com, Inc. (OTCQB: CIIX), through its subsidiary ChineseHempOil.com, Inc., has launched its OptHemp product Line on Amazon.com (NASDAQ: AMZN) for the 2017 Singles Day promotion. It was debuted during a multi-channel campaign for both the U.S. and Chinese-American markets during the 9th annual Singles Day in China, the company announced (http://dtn.fm/TyR9e).

The New York Times reports that for Singles Day this year Alibaba recorded sales of $25.3 billion — a record high vs. last year (http://dtn.fm/7sOqA). Singles Day is an annual sales event in China which is translated to “Single Sticks” holiday, celebrating being single for the mainland Chinese.

ChineseInvestors.com, Inc. is a diverse company which markets hemp-based products and health products, offers educational service to the Chinese-speaking community worldwide plus public relations and advertising support services to clients. Additionally, it has a daily video broadcast focused on cryptocurrencies from the NYSE. The San Gabriel, California-based company also has an online store in San Gabriel, California.

It has formed a strategic partnership with Quiverr Collective (“QC”), a subsidiary of Advantage Solutions. It is a Top 100 platinum level seller-partner on Amazon Marketplace and has agreed to include the OptHemp product line in its catalog for resale through the Amazon channel. View some of the OptHemp products on Amazon (http://dtn.fm/zTrC4).

QC has experience driving sales on the Amazon channel using a performance-based resale model. The OptHemp products launched on Amazon.com represent the company’s first use of Amazon for product sales.

CIIX also has plans to launch two new products on Amazon.com prior to the Black Friday and Cyber Monday shopping days.

Warren Wang, CEO of CIIX, referring to the Singles Day opportunity said, “This festival has become one of the largest offline and online shopping days in the world, and as it has morphed into a global shopping holiday in the last several years; therefore, we thought it was the perfect day to launch with Amazon.com in advance of the holidays.”

For more information, visit the company’s website at www.ChineseInvestors.com

Let us hear your thoughts: ChineseInvestors.com, Inc. Message Board

Pressure BioSciences, Inc. (PBIO) Achieves Record Quarterly Revenue Growth

  • Quarterly total revenue exceeds $600,000 for the first time ever
  • Consumable sales up 158 percent year-over-year
  • New Center of Excellence in Asia expected to speed expansion in China
  • Recently patented Ultra Shear Technology platform can be used to create or improve a wide range of medical, consumer, and industrial products, through the preparation of high quality, stable nanoemulsions

Pressure BioSciences, Inc. (OTCQB: PBIO) has announced that it experienced record growth in total quarterly revenue during the third quarter of 2017, driven by continued strong instrument sales, and by a 158 percent increase in consumable sales, which is also a quarterly record (http://dtn.fm/oa0A0).

PBIO makes and markets its proprietary pressure-based lab instruments and related products to the life sciences industry for a wide range of activities involving sample preparation, a critical part of the preparatory work for almost all scientific analysis, and for the growing nanoemulsions market based on two recently issued patents and a strategic collaboration agreement with Phasex Corporation.

“We believe the revenue growth reported in the third quarter and year-to-date will not only continue in Q4 2017 and beyond, but will accelerate to an even greater rate as our new sales team begins to meet with existing and potential customers throughout the U.S. To that point, Q4 2017 Purchase Orders and Purchase Indications (90% estimated probability of closing) through early November have already exceeded products & services revenue for the full 2016 fourth quarter,” Joseph L. Damasio, Jr., VP of Finance and CFO, stated in a news release announcing the results.

The company’s product gross profit margin remained steady at about 47 percent, according to the news release. PBIO’s total revenue increased from $535,334 in the third quarter of 2016 to $646,061 in the same quarter for 2017. The company also saw record quarterly growth in products and services revenue of 21 percent.

Among recent highlights of the company’s operations, Pressure BioSciences set up its first Center of Excellence in Asia, which should have a marked impact on PBIO’s expansion into China. PBIO’s penetration into Europe is also expected to increase in the wake of multiple scientific presentations made throughout the continent over the past few months, some by key opinion leaders in the proteomics space.

The company and Phasex Corporation recently announced a cooperative agreement on nanoemulsions technology that will help them advance the delivery of unprecedented shelf-stable mixtures to deal with demands in food, nutraceutical, pharmaceutical, cosmetic, ink, paint, and lubricant markets. The company also received the first two patents issued for its high pressure-based Ultra Shear Technology (“UST”).

Pressure BioSciences held an earnings teleconference call Nov. 14 and has made a replay of the call available for the next 30 days by calling (877) 481-4010 in North America or (919) 882-2331 in other countries. The replay ID Number is 22751.

“We have spent a lot of time and money over the past few years preparing for this opportunity. We believe we are ready and taking all necessary actions to grow our momentum and fully exploit the exciting growth and new markets potential that we have long envisioned,” company President and CEO Richard T. Schumacher stated in the news release.

For more information, visit the company’s website at www.PressureBioSciences.com

BioCorRx, Inc. (BICX) Responds to America’s Desperate Need for Treatment Options in Growing Opioid Crisis

Opioid addiction, whether from prescription painkillers or illicit drugs, is described by many addicts as an all-consuming, life-destroying, upside-down existence. The federal Centers for Disease Control and Prevention reports that the majority of drug overdose deaths (more than six out of 10) involved an opioid. Since 1999, the number of overdose deaths involving opioids, including prescription painkillers and heroin, quadrupled (http://dtn.fm/wKt7e).

Every day, more than 90 Americans die after overdosing on opioids with the CDC estimating that the total “economic burden” of prescription opioid misuse alone in the United States is $78.5 billion a year (http://dtn.fm/BkiL8). The response to this nationwide “opioid crisis” ranges from President Donald Trump declaring a national public health emergency to a county in Utah seeking financial relief by filing a lawsuit against Big Pharma that would possibly repay the criminal justice, drug treatment and social service costs incurred by the effects of opioid addiction (http://dtn.fm/jm1M6).

Companies that specialize in treating opioid and alcohol addiction are stepping up with several clinical settings and programs to help addicts recover. BioCorRx, Inc. (OTC: BICX), a California-based company that specializes in the complex nature of addiction, offers a unique methodology to the treatment of substance abuse addiction. The company’s two-prong approach includes an outpatient implant procedure, performed by a licensed physician, that delivers the non-addictive medication “naltrexone,” an opioid antagonist that can significantly reduce physical cravings for alcohol and opioids.

The second component is a proprietary counseling program, made available through a growing network of counselors certified to deliver the program, that couples peer support with a long-term naltrexone treatment. The company’s R&D subsidiary, BioCorRx Pharmaceuticals, is currently developing an injectable naltrexone technology (BICX101) through partnership with TheraKine Ltd. Naltrexone stops heroin and other opioids from binding at the brain’s opioid receptor, making drug use less rewarding and therefore easier to quit (http://dtn.fm/GA7Wu).

Founded by Neil Muller and George O’Neill in 2008, BioCorRx provides a treatment program that empowers patients to succeed in their overall recovery through its wholly owned subsidiary, Fresh Start Private, Inc. The company’s management team has extensive business and healthcare knowledge and is preparing to build a strong case for expedited FLDA approval of its naltrexone implant, strategically ahead of the injectable BICX101.

BICX partners with medical centers to increase awareness of its recovery program and naltrexone implant, which should enhance the company’s case for FDA approval. In September, BICX launched a beta version of its proprietary mobile application, which allows licensed behavioral specialists, counselors, and therapists to remotely monitor a patient’s progress as they complete the program modules.

The treatment market, estimated at $35 billion in the United States alone, continues to grow. Over the past 15 years, the number of people seeking treatment for opioid addiction has risen by 770 percent, a report from JGR Capital states (http://dtn.fm/95rVZ). According to the Substance Abuse and Mental Health Services Administration, an estimated 23.6 million people in the U.S. are addicted to drugs and/or alcohol, but a full 85 percent of them do not get proper treatment. Notably, numerous state and federal entities have expressed interest in BICX’s unique program as various forms of naltrexone are being used in the nation’s ongoing fight against opioid addiction.

For more information, visit the company’s website at www.BioCorRx.com

Global Payout, Inc. (GOHE) Well Positioned in Smart Money Sector

  • Smart money invested over $17 billion in FinTech last year alone
  • GOHE at vanguard of explosive industry growth
  • Company’s Global Reserve Platform and MoneyTrac subsidiaries open vast new business opportunities

The days of barter and bank drafts have long passed. Technology is in the midst of disrupting the entire financial services sector by swiftly and securely optimizing global financial transactions. Moribund financial services companies are rapidly losing market share to upstarts due to technological innovations and advancements. FinTech (financial technology) is dramatically altering traditional financial markets by delivering safer, more transparent, efficient and responsive banking services to retail consumers, businesses and market participants alike.

Over $50 billion has been invested in FinTech companies since 2010 and last year alone the financial technology industry received $17.4 billion in investments (http://dtn.fm/8hN50). Venture capitalists, private equity firms, savvy corporations and wealth funds are pouring enormous amounts of money into global financial technology, and smart money is seldom wrong.

Already positioned to capitalize on this wave of financial innovation, Global Payout, Inc. (OTC: GOHE) delivers fully customizable comprehensive payment solutions for virtually any domestic or international organization distributing money worldwide. In business since 2009, Global Payout now services clients in four key market sectors: logistics and shipping, banking, small and mid-sized businesses, and global travel companies. Global Payout addressed the needs of these industries with its proprietary Global Reserve Platform (GRP). Powered by the Global Reserve Administrative module, the platform is a fully configurable, “banking-in-a-box” web-based platform designed to exceed the front-to-back office processing requirements of foreign exchange and international payment service providers.

Global Payout is further extending its reach and impact into the global FinTech market through its majority owned subsidiaries, ISBC Holdings, Ltd. and MoneyTrac Technology, Inc. Majority control of ISBC Holdings gives Global Payout unfettered access to an international private banking structure, with cloud based banking technologies for swift and secure international financial transaction processing. MoneyTrac’s alternative banking and electronic financial solutions, which include E-Wallet and mobile apps services, open vast new found business opportunities with companies in various high-risk industries.

Even though most consumers are unaware that the financial services applications they currently use count as FinTech, about a third of consumers worldwide already rely on two or more FinTech services regularly. Smart money has already placed a huge bet that the industry is set to grow exponentially and smart investors should be positioned accordingly.

For more information, visit the company’s website at www.GlobalPayout.com

Let us hear your thoughts: Global Payout, Inc. Message Board

Medical Cannabis Payment Solutions (REFG) Offers Cannabis Retailers Merchant Processing They Can Bank On

  • Medical marijuana now legal in 30 U.S. jurisdictions
  • Comprehensive merchant processing solution dedicated to marijuana industry
  • Frees customers and retailers from solely using cash

The Controlled Substances Act (CSA), signed into law by President Richard Nixon in 1970, continues to cast a baneful shadow over the liberalization landscape. In the half a century since its passage, public attitudes toward cannabis have changed. A survey conducted by the respected Pew Research Center late last year found that ‘57% of U.S. adults say the use of marijuana should be made legal’ (http://dtn.fm/Lz4FG). This is up from 12% in 1969, the year before the CSA became the law of the land. However, the Food and Drug Administration (FDA), the Drug Enforcement Agency (DEA) and the Department of Justice (DOJ) continue to buck this trend. As an example, in May 2017, Attorney General Jeff Sessions wrote Congress to record his opposition to the Rohrabacher-Farr amendment, the spending rider that bars the Justice Department from interfering with the implementation of state medical marijuana laws. Consequently, cannabis is neither fish nor fowl; it’s legal in some states but simultaneously illegal by federal law. Luckily, Medical Cannabis Payment Solutions (OTC: REFG) is offering a way out of this muddle. Through its wholly owned subsidiary, StateSourced, the company provides a proprietary, closed loop system of merchant processing for marijuana enterprises. Now marijuana dispensaries will have access to the only first-tier merchant processing operation currently available.

Despite being legalized in 29 states and the District of Columbia, medical marijuana remains a Schedule 1 substance under the Controlled Substances Act of 1970. Accordingly, the members of the U.S. Federal Reserve System feel compelled to abide by the provisions of the CSA and will not charter any financial institution that serves marijuana businesses. In a seminal case late in 2015, a federal judge dismissed a lawsuit brought by the Fourth Corner Credit Union of Denver that attempted to compel the Federal Reserve to grant the credit union a ‘master account’ (http://dtn.fm/2z0DN). The judge agreed with the motion put forward by the Fed that ‘even transporting or transmitting funds known to have been derived from the distribution of marijuana is illegal’ and that, unlike federal prosecutors who might not enforce the law if financial institutions observed certain guidelines for dealing with the marijuana industry, a court could not ‘look the other way’.

The morass resulting from the conflict between federal and state rules has created problems for the states that have legalized cannabis use, including difficulties collecting tax revenue, increased risk of serious crime, and the inability of a newly legal industry under state law to effectively engage in banking and commerce. However, Medical Cannabis Payment Solutions, which, since May 2013, has been focused on developing ancillary services for the marijuana industry, is now offering a robust, instrumental, closed loop merchant processing system.

In response to the overwhelming need to have a private encrypted digital solution to serve the rapidly growing legal marijuana industry, Medical Cannabis Payment Solutions, through subsidiary StateSourced, is bringing to market the first and only first-tier merchant processing operation of its kind. The company is offering a comprehensive structure which tracks sales and tax collection and empowers businesses with an outstanding state-of-the-art client management system. Medical Cannabis Payment Solutions, which expects its first sales soon, will earn revenue by charging transaction fees of up to 5% for all financial transactions. Management believes that, currently, no other company offers a comparable completely integrated closed loop first-tier processing system for cannabis transactions. The company’s unique selling proposition is likely to be welcomed by dispensaries as the trend toward legalization of medical and recreational marijuana strengthens.

For more information, visit the company’s website at www.MedicalCannabisPaymentSolutions.com

Let us hear your thoughts: Medical Cannabis Payment Solutions Message Board

Global Blockchain Technologies Corp. (OTC: BLKCF) (TSX.V: BLOC) (FSE: BWSP) Subsidiary to Acquire 49.9% Interest in Coinstream Mining Corp.

  • BLKCF creates a mining division, plans ‘spin-out’ listing for its subsidiary, Global Blockchain Mining Corp.
  • Global Blockchain Mining Corp., as part of the agreement, will exchange 3.8 million shares of its common stock for 49.9% interest in Coinstream Mining Corp.
  • Transaction also calls for BLKCF’s subsidiary to make investment in Coinstream, the world’s first cryptocurrency streaming company

Global Blockchain Technologies Corp.’s (OTC: BLKCF) (TSX.V: BLOC) (FSE: BWSP) subsidiary, Global Blockchain Mining Corp., has entered into an agreement to acquire a 49.9% interest in Coinstream Mining Corp. in exchange for 3.8 million common shares of Global Blockchain and other conditions, BLKCF announced (http://dtn.fm/jZeJ4). Closing of the transaction remains subject to requisite approval.

Terms also include that the subsidiary will provide strategic upfront capital and an additional payment upon delivery of cryptocurrency, to select best-of-class operators and operations, in exchange for a stream of future cryptocurrency production, at a fixed price.

BLKCF is a Canadian investment banking company offering investors a basket of holdings within the blockchain realm — managed by a team of executives who have had a significant impact on the rise of blockchain. The goal of the company is to become the first publicly traded company with vertically integrated originators of top-tier blockchains and digital currencies. Interested investors can become exposed to cryptocurrencies through BLKCF. The company is also looking to list in Australia and Asia in order to offer 24-hour tradability.

BLKCF believes that its subsidiary, Global Blockchain Mining Corp., is a pure play cryptocurrency company. It represents an independent viable entity with a unique business model. BLKCF is investigating, and intends to pursue with that subsidiary, a plan of arrangement. To that end, the company intends to make Global Blockchain Mining Corp. a publicly-listed Canadian entity.

Coinstream is seen as the first cryptocurrency mining company to employ the streaming model. Over the life of the contracts between the subsidiary and Coinstream, Global Blockchain Mining Corp. would receive 12,500 bitcoin, which represents a current non-discounted value of some CAD $112.5 million, at the price of bitcoin at present day value.

In a news release, Shiden Gouran, president of Global Blockchain, said, “Coinstream is answering the call from those who seek to fully leverage the regularly forecasted potential parabolic price growth of the mainstay cryptocurrencies, from a net long bias, contracted and de-risked against the need to maintain operations, and secured by the value of the operating equipment which represents the majority of the CAPEX allocation.”

For more information, visit the company’s website at www.GlobalBlockchain.io

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Digs in to Fulfill World Demand for Cobalt

  • Surge in electric vehicles is fueling global demand for cobalt, a key ingredient in rechargeable batteries
  • Automakers are leading the charge in seeking a stable cobalt supply
  • Cobalt stocks are a bright spot for investors as the commodity’s price is projected to rise

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), based in Canada, is building the largest pure-play cobalt exploration company in the world. The company is generating significant interest in the mining industry and among investors, as it holds one of only four fully-permitted cobalt extraction refineries in Canada. Upon completion of two mergers currently underway with Cobalt One Ltd. and CobalTech Mining Inc., First Cobalt will control over 10,000 hectares of prospective land and 50 historic mining operations in the region. Company management is already hosting tours of the property and explaining First Cobalt’s business strategy to mine high-grade cobalt within the historically productive sites (http://dtn.fm/urIW4).

First Cobalt’s current land package includes 4,300 hectares in an historic mining camp located north of Toronto and south of Cobalt, Ontario, which will grow to more than 10,000 hectares after the mergers close. Within the property lines is the Keeley-Frontier mine, along with the Drummond, Silver Banner, and Bellellen mines, which formerly produced over 3.3 million pounds of cobalt and 19.1 million ounces of silver. First Cobalt’s president and chief executive officer Trent Mell believes the mine that was shuttered many years ago is primed for rediscovery.

“Finding evidence of cobalt mineralization in an area previously believed to be barren is positive news but not a surprise, as this historic camp has seen very little exploration over the past 50 years,” Mell stated last week in a press release. “We are very encouraged to see the polymetallic nature of the mineralization across the Cobalt Camp, as this suggests that a broader hydrothermal system exists beyond the historically mined veins. This is a geologically complex, target-rich land package that will require further interpretation and I am proud of our team’s progress in our first six months.”

Continuing the company’s push to share its vision with investors, First Cobalt’s management team will be presenting at two conferences including the Precious Metals Summit in Zurich and the Eight Capital Battery Conference in Toronto. First Cobalt’s vice president of exploration, Dr. Frank Santaguida, is a featured speaker at the Precious Metals Summit, while Mell, a mining executive and capital markets professional with extensive international transactional experience, will speak at the Toronto conference.

Due to the strong increase in cobalt demand, many industry experts are predicting the vital metal’s growth pattern will continue at an average rate of approximately five percent per annum for the next 10 years. Numerous countries around the world have stated an intention to ditch gas and diesel cars in favor of clean technology vehicles – which means the electric and hybrid vehicle industry needs a steady supply of rechargeable batteries. Accordingly, several battery makers are seeking out a steady supply of cobalt by investing in mining companies as the demand for electric vehicles soars (http://dtn.fm/m7yzF).

First Cobalt Corp. has implemented a quality-control program and is already introducing all data from recent drilling results, geophysical and geochemical surveys, along with other pertinent data taken from the summer-fall mapping at the Keeley-Frontier property, into a 3D geological model to be used for the next phase of exploration work. Other nearby prospects in the Silver Center area have also been mapped and sampled to evaluate their potential.

For more information, visit the company’s website at www.FirstCobalt.com

Let us hear your thoughts: First Cobalt Corp. Message Board

From Our Blog

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Accelerates U.S. Rare Earth Independence amid Energy Concerns

November 11, 2025

This article has been disseminated on behalf of  Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) and may include paid advertising. Alarm bells are ringing over a new kind of energy crisis — and it’s not oil or gas. A recent “Time” article warns that governments must act now to stave off damaging disruptions to industries […]

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