QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Provides Update on Refinery Material Testing Progress
First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC), a North American pure-play cobalt company, this morning reported interim results from ongoing testing of cobalt hydroxide material as potential feedstock for its First Cobalt Refinery in Ontario, Canada. According to the update, the preliminary testing demonstrated that 98% of cobalt effectively leached from cobalt hydroxide material with solvent extraction processes used to further remove deleterious elements. Additionally, cobalt extraction tests are underway and will be followed by sulphate crystallization to produce cobalt sulphate. Results are anticipated by the end of the quarter. “Today's results give us further confidence that the First…