![]() ![]() 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020, and a signature date of July 13, 2020. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate. Note that mineral resources that are not mineral reserves do not have demonstrated economic viability. ![]() In May 2020, based on a small initial drill program, the Company published the region’s first 43-101 resource estimate that contained a total of 7.56 million ounces of silver in Inferred resources, comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson Zone, beginning at a vertical depth of approximately 400 meters. The Company has completed a 60,000m drill program aimed at expanding the size of the deposit with an update to the resource estimate underway. recently discovered a major high-grade silver vein system at Castle East located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. Matthew Halliday, P.Geo., (PGO), President and COO of Canada Silver Cobalt Works Inc., a qualified person in accordance with National Instrument 43-101.Ĭanada Silver Cobalt Works Inc. The technical information in this news release was approved by and prepared under the supervision of Mr. Investors, media, and stakeholders are invited to stay updated on the latest developments by visiting the Company's website at Qualified person Canada Silver Cobalt Works will continue to engage with local communities, Indigenous groups, and stakeholders throughout its exploration activities, ensuring open and transparent communication. The Company remains committed to sustainable mining practices and responsible resource development. Our meticulous approach to exploration is aimed at maximizing our understanding of these properties and identifying pegmatites with the highest potential for economic mineralization." With a limited field season ahead, we are focused on collecting as many rocks as we can to create this invaluable targeting tool. Matthew Halliday, President, and COO of Canada Silver Cobalt Works, commented, "At this stage in the game, we are looking to build a comprehensive lithogeochemical map. This expansion aims to expedite data collection and analysis. Expansion of Exploration Activities: Next week, Canada Silver Cobalt will ramp up exploration efforts by adding a second field team to the properties. The Company eagerly anticipates receiving the final geophysical data.Ĥ. Denis block southwest of the Power Metals property, prompting further investigation. The data has revealed numerous points of interest on the St. Preliminary MPASS Data by ALS Goldspot: Canada Silver Cobalt has received preliminary MPASS data produced by ALS Goldspot. Initial ground truthing efforts have already begun at Sangster East, with plans to access critical parts of Sangster West, where large pegmatites were previously mapped by Noranda.ģ. Field Truthing and Access Route Development: The Company has initiated field truthing activities to validate access routes and is actively developing traverses to reach high-priority areas at both St. These targets have been meticulously selected based on their promising geological characteristics and potential for valuable mineralization.Ģ. Extensive Research and Historical Exploration: Canada Silver Cobalt has undertaken extensive research and analysis of historical exploration data to pinpoint high-priority targets on the St. Key Highlights of the Lithogeochemical Mapping Initiative:ġ. This groundbreaking exploration campaign marks a significant step forward in Canada Silver Cobalt's mission to unlock the full potential of these highly prospective properties. Denis and Sangster properties, focusing on the search for LCT (Lithium, Cesium, Tantalum) type pegmatites. The Company has officially commenced lithogeochemical mapping of its St. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the “Company” or “Canada Silver Cobalt”) is pleased to announce the initiation of an exciting new phase in its exploration endeavors. Through prospecting, mapping and new geophysics, CCW is poised to find additional targets for unlocking mineralization.Ĭoquitlam, BC, SeptemCanada Silver Cobalt Works Inc. ![]()
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