CANADA SILVER COBALT Files 43-101 Technical Report on Graal Nickel & Copper Project

CANADA SILVER COBALT Files 43-101 Technical Report on Graal Nickel & Copper Project

(TheNewswire)

Canada Silver Cobalt Works Inc.

Coquitlam, BC TheNewswire - August 15, 2022 - Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the " Company " or " Canada Silver Cobalt ") announces that it has filed on SEDAR a National Instrument 43-101 - Standards of Disclosure for Mineral Projects compliant technical report dated July 4, 2022 on its Graal Nickel & Copper Project, Saguenay-Lac-St-Jean, Québec, Canada. The report was prepared by Claude Duplessis P.Eng. GoldMinds Geoservices Inc. QP, Hugues Guérin Tremblay P.Geo. Laurentia Exploration Inc. QP and Alizée Liénard, P. Geo. Laurentia Exploration Inc.

The technical report is available under the Company's profile on SEDAR at www.sedar.com and on the Company's website.

About Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. 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. 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.

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. Note that mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate. Report reference: Rachidi, M. 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.

The Company also has: (1) 14 battery metals properties in Northern Quebec where it has recently completed a nearly 10,000-metre drill program on the Graal property and an airborne VTEM geophysical survey is being conducted at it Lowney-Lac Edouard property; and (2) the prospective 1,000-hectare Eby-Otto gold property close to Agnico Eagle's high-grade Macassa Mine near Kirkland Lake, Ontario where it will be exploring in 2022.

Canada Silver Cobalt's flagship silver-cobalt Castle mine and 78 sq. km Castle Property feature strong exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned Castle Mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox (for the creation of technical-grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations), Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space. More information at www.canadasilvercobaltworks.com .

"Frank J. Basa"

Frank J. Basa, P. Eng.

Chief Executive Officer

For further information, contact:

Frank J. Basa, P.Eng.

Chief Executive Officer

416-625-2342

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements

This news release may contain forward-looking statements which include, but are not limited to, comments regarding the use of proceeds from the Offering and comments that involve other future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address the use of proceeds from the Offering, resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, future financings, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. A detailed discussion of the risk factors encountered by Canada Silver Cobalt is available in the Company's Annual Information Form dated July 19, 2021 for the fiscal year ended December 31, 2020 available under the Company's profile on SEDAR at www.sedar.com.

Copyright (c) 2022 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

CCW:CA
The Conversation (0)
Canada Silver Announces Effective Date of Name Change to "NORD PRECIOUS METALS MINING INC."

Canada Silver Announces Effective Date of Name Change to "NORD PRECIOUS METALS MINING INC."

(TheNewswire)

Canada Silver Cobalt Works Inc.

January 19, 2024 TheNewswire - Coquitlam, BC, Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that further to its news release dated January 4, 2024, the TSX Venture Exchange has accepted the name change to " Nord Precious Metals Mining Inc. ".

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Canada Silver Announces Name Change to Nord Precious Metals Mining Inc.

Canada Silver Announces Name Change to Nord Precious Metals Mining Inc.

(TheNewswire)

Canada Silver Cobalt Works Inc.

Coquitlam, BCCanada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the "Company" or "Canada Silver Cobalt is pleased to announce that shareholders at the Annual and General Meeting held on October 31, 2023 voted in favour to change the Company's name to "Nord Precious Metals Mining Inc".  The new name will better reflect the direction of the Company.  The name change is subject to TSX Venture Exchange ("Exchange") approval.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Canada Silver Cobalt Works Reflects on a Productive Year of Achievements

Canada Silver Cobalt Works Reflects on a Productive Year of Achievements

(TheNewswire)

Canada Silver Cobalt Works Inc.

New discoveries of precious and battery metals and progress towards surfacing value for shareholders through a spinout of a potentially large nickel-copper-cobalt property in Quebec

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Canada Silver Cobalt Begins Drilling at Lowney-Lac Edouard in Quebec, Targeting Nickel-Copper-Cobalt Mineralization

Canada Silver Cobalt Begins Drilling at Lowney-Lac Edouard in Quebec, Targeting Nickel-Copper-Cobalt Mineralization

(TheNewswire)

Canada Silver Cobalt Works Inc.

The property has many yet-to-be-drilled targets and prospective electromagnetic anomalies identified by an airborne geophysical survey.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Canada Silver Cobalt to Reprice Warrants

Canada Silver Cobalt to Reprice Warrants

(TheNewswire)

Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the " Company " or " Canada Silver Cobalt ") announces that it is proposing to amend the terms of an aggregate 23,380,092 outstanding common share purchase warrants ("Warrants") by amending the exercise price to $0.06 per share

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
DR. CHRIS JENNINGS RETIRES FROM NORTH ARROW'S BOARD OF DIRECTORS

DR. CHRIS JENNINGS RETIRES FROM NORTH ARROW'S BOARD OF DIRECTORS

Trading Symbol:  TSXV: NAR

North Arrow Minerals Inc. (TSXV: NAR) (" North Arrow") announces the retirement of Dr. Chris Jennings from the Board of Directors, effective March 11, 2024 .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Cornish Metals Announces Change In Executive Management

Cornish Metals Announces Change In Executive Management

Cornish Metals Inc. ( AIMTSX-V: CUSN ) ("Cornish Metals" or the "Company"), announces today the departure of Chief Executive Officer ("CEO"), Richard Williams, effective on March 31, 2024, when he will also leave the Company's Board. Mr. Williams will remain available to the Company on a consulting basis going forward. Ken Armstrong, Non-Executive Director will step in as Interim CEO and Patrick Anderson, Chairman of the Board, will become the Executive Chairman of the Company during the transition and search for a permanent CEO to lead the Company through the next stage of development of South Crofty as the Company moves towards construction.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
ALX Resources Corp. Announces Commencement of 2024 Winter Drilling Program at the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

ALX Resources Corp. Announces Commencement of 2024 Winter Drilling Program at the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

alx resources corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that a diamond drilling program has commenced at its 100%-owned Gibbons Creek Uranium Project ("Gibbons Creek", or the "Project") located in the northern Athabasca Basin near the community of Stony Rapids, Saskatchewan. Drilling in up to six (6) holes totaling approximately 1,200 metres is planned and is anticipated to continue until the end of March 2024.

The 2024 winter drilling program at Gibbons Creek (see Figure 1) is designed to test for unconformity-type and basement-hosted uranium mineralization in the eastern area of the Project. Weather conditions are satisfactory for the mobilization of equipment and personnel and the work is proceeding as scheduled. Proximity to the community and infrastructure of Stony Rapids adds greatly to the efficiency of the exploration program.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Lithium ION Energy Announces Debt Settlement and Grant of Stock Options

Lithium ION Energy Announces Debt Settlement and Grant of Stock Options

Lithium ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: ZA4) ("ION" or the "Company") announces that it has negotiated debt settlement agreements with certain arm's length and non-arm's length creditors. Pursuant to the debt settlement agreements, and subject to acceptance by the TSX Venture Exchange (the "TSXV"), the Company has settled an aggregate amount of $143,669 in debt, in consideration for which it will issue an aggregate of 606,675 common shares (the "Shares") of the Company at a deemed price of $0.24 per Share.

All Shares issued in relation to these debt settlements will be subject to a hold period expiring four months and one day after the date the Shares are issued, in accordance with applicable securities laws and the policies of the TSXV.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
South Star Battery Metals Announces Closing of Tranche 2 of Oversubscribed, Non-Brokered Private Placement and Two-Year Extension of the BamaStar Landowners/Mineral Rights Agreement

South Star Battery Metals Announces Closing of Tranche 2 of Oversubscribed, Non-Brokered Private Placement and Two-Year Extension of the BamaStar Landowners/Mineral Rights Agreement

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV:STS)(OTCQB:STSBF), is pleased to announce that it has completed the successful closing of the second and final tranche of its oversubscribed, upsized non-brokered private placement (the "Private Placement") by issuing 2,485,209 Shares priced at C$0.72 per Share common shares (the "Shares"), for an additional gross proceeds of C$1,789,352. Proceeds from the Private Placement will be used for accelerating exploration, development, construction activities, as well as corporate G&A and general working capital requirements

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Beyond Lithium Announces 2024 Strategic Plan

Beyond Lithium Announces 2024 Strategic Plan

Highlights

  • Plan to advance the four primary projects, the Ear Falls Spodumene, the Victory Spodumene, the Cosgrave Lake, and the Wisa Lake Projects with diamond drilling and advanced mapping and sampling programs to delineate more targets for mechanical stripping and further diamond drilling.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×