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Canada Silver Cobalt Works Inc.
Summary
| Project: | Castle | |
|---|---|---|
| Deposit: | Castle East | |
| Location: | Canada | |
| Commodities: | Copper-Lead-Nickel-Zinc-Cobalt-Nickel-Silver | |
| Date: | 5/28/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-5-2020: Canada Silver Cobalt Works Inc. announces a Resource Estimation report for its Castle East deposit at the Castle project. Initial Mineral Resource Estimate for Project. May 28, 2020 - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Fr | |
| Resources: | (Resources, Inf.): 32.9kt @ 7,149g/t Ag, 2,537g/t Co, 628g/t Cu, 467g/t Ni, 41g/t Pb, 52g/t Zn | |
| CP/QP: | [Resource]: Merouane Rachidi (GoldMinds Geoservices Inc.) | |
| ABSTRACT: | May 28, 2020 - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce the results of itsfirst NI 43-101 Mineral Resource estimate for the early stage Castle East Robinson Zone discovery in the heart of the past producing Gowganda Silver Camp, 75 kilometers southwest of Kirkland Lake. Castle East is part of Canada Silver Cobalt’s 100%-owned, 78 sq. km Castle Property also featuring the Castle mine. Late last year the company initiated a follow-up program to a 2011 discovery hole approximately two km southeast of the mine, and within two km of two other past producers, that returned a high-grade intercept of 40,944 g/t silver (1,194 oz/ton) over a core length of 0.45 meters (refer to August 25, 2011, Gold Bullion Development news release). Four holes (CS-19-08W1, CS-19-08W2, CS-19-08W3 and CS-19-W4) were wedged off the 2011 hole followed by four holes (CS-19-20, CS-19-21, CS-20-22 and 23) drilled to intersect the vein zone from a different angle. The latest hole was drilled parallel to and collared 45 meters from the historic hole. CCW’s program aimed to delineate the extent of the high-grade mineralization within the Robinson Zone that shows very high grades in the form of native silver. | |
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