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First Cobalt Announces Inferred Mineral Resource for Iron Creek Project – Open at Depth and Along Strike

Figure 1. Open Pit and Underground Scenario – Applying >=0.03% CoEq within open pit (blue) and >=0.18% CoEq in underground (red). Diamond drill holes are shown in black. Grey outline is an optimized pit outline. View is azimuth 175 deg. and dip -33 deg.

Figure 2. Underground-only Scenario – Applying >=0.18% CoEq (red) Inferred resources as an underground only scenario. Diamond drill holes are shown in black. Topographic surface is shown for reference. View is azimuth 175 deg. and dip -33 deg.

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