- Canada Silver Cobalt (CCW) has assayed up to 5,887.59 g/t silver at its Castle East Property
- Ongoing drilling seeks to expand the resource panels outlined in the company’s maiden resource estimate
- It is planning a major resource update by the end of Q1 2022
- Canada Silver Cobalt Works is developing a silver vein system at its flagship Castle Property in Ontario
- Canada Silver Cobalt (CCW) is down by 2.33 per cent trading at $0.21 per share
Canada Silver Cobalt (CCW) has assayed up to 5,887.59 g/t silver at its Castle East Property.
The result stems from intercepts from the 17M and 50 West zones on the Ontario-based project.
Drilling highlights:
- 17M Zone grades include 5,887.59 g/t silver and 0.17 per cent cobalt over 0.53 m in hole CS-21-54W1, as well as 811.06 g/t silver over 0.53 m in hole CS-21-73
- 50 West Zone grades include 975.57 g/t silver over 0.72 m and 852.23 g/t silver over 0.65 m, both from hole CS-21-72. These intercepts are located 150 m from the intercept in CS-21-50 that graded 2,208 g/t silver over 0.44 m
Ongoing drilling seeks to expand the resource panels outlined in the company’s maiden resource estimate (May 2020), which delineates 8,582 g/t silver in 27,400 tonnes of material for 7.56M inferred ounces.
The company is planning a major resource update by the end of Q1 2022.
“Recent news releases have shown that our geological exploration team can continue to deliver at Castle East. Our Gowganda assets are growing and we are getting ready to discover more deposits on our broad property package,” stated Matt Halliday, Canada Silver Cobalt’s President and COO.
Canada Silver Cobalt Works is developing a silver vein system at its flagship Castle Property in Ontario.
Canada Silver Cobalt (CCW) is down by 2.33 per cent trading at $0.21 per share as of 2:16 pm EST.
