Experienced team
What Canada Silver Cobalt Works does:
Canada Silver Cobalt Works Inc (CVE:CCW) (OTCMKTS:CCWOF) is strategically positioned in Canada s heartland aiming to become a leader in the silver-cobalt space but is also pivoting to focus on other critical energy metals used for electric vehicles (EV).
The cobalt camp in the Gowganda district of northern Ontario is one of the few places globally where silver and cobalt can be mined together as primary metals because cobalt is usually a by-product of copper and nickel mining.
The firm s goal is to resume mining at the formerly producing Castle and Beaver mines, which generated 9.5 million ounces silver (and 300,000 pounds of cobalt) and 7.1 million ounces silver (and 139,000 pounds cobalt) respectively.
B15 Bouguer anomaly
The company said the final reports are pending, and details will be disclosed once received and evaluated, and the information will be used to prepare subsequent drill programs.
Canada Silver Cobalt said it has started preliminary geological sampling on the B2 and Grand Portage properties. The B2 property option has shown high-grade copper in the discovery showing and a maiden drill program is expected to start by the 2Q to test the mineralized structure identified. Mineralization appears to be associated with a structural shear.
Observations from the channel sampling indicated the property deserved additional work and a ground magnetic orientation survey was completed.
Canada Silver Cobalt Completes Geophysical Airborne Survey, Plans Drill Program on Quebec EV Properties
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COQUITLAM, BC, April 20, 2021 /CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the Company or Canada Silver Cobalt ) is pleased to provide an update on its activities in the Province of Québec. The Company has now secured 689 claims covering 38,129.4 hectares of prosperous ground with F
igure 1 showing the location of the main properties. The Company has budgeted 2.2 million dollars of exploration for these properties this year. Geophysical airborne surveys completed, and drill program has been scheduled on the B2 property for the second quarter this year.