First Cobalt Corp. announced a joint study with Timiskaming First Nation of regional medicinal plants and mushrooms to assess the historic effects of settlement, logging, mining and industrial practices on the ecosystem in the past-producing Cobalt Camp mining district. Results from the study will support the Wild Basket initiative started by Ni Dakinan from the Timiskaming First Nation ("TFN"). First Cobalt is providing financial support and expertise regarding metals and remediation while TFN is providing their traditional ecological knowledge and environmental monitoring expertise. Timiskaming First Nation reserve is at the head of Lake Timiskaming. The First Cobalt Refinery is located on Timiskaming First Nation Anishinaabe territory. The Wild Basket initiative was started by Ni Dakinan in 2019 to create a sustainable business whereby wild plants can be harvested and sold. Information from the program also helps the community to protect the forests and natural environment. Benefits of the program include cultural reclamation, stewardship of the land, food security, economic and community development, mentorship and training. In partnership with First Cobalt, samples will be collected and chemically analyzed to identify any existing heavy metals content and other potential contaminants of concern. The study will be conducted over two years, to establish a baseline for heavy metals in plants within the study area. The study area encompasses the historic Cobalt Camp mining district, where silver and cobalt were discovered in 1903. This discovery resulted in intensive mining and processing activity until 1931, with major operations continuing until 1989. Any heavy metals identified in plants is expected to be the cumulative effect of natural sources from bedrock, historic mining activity and human settlement. As part of First Cobalt's commitment to sustainable business practices, ongoing monitoring will be conducted of the Company's refining activities to measure the effects of its operations.