- Canada Silver Cobalt Works is an exploration and development company focusing on silver, cobalt and other battery metals to serve current and future clean energy needs.
- The company has 100-percent ownership of several formerly producing properties, including the Castle Mine in the Gowganda mining camp, and the Beaver and Violet silver-cobalt mines in the Cobalt mining camp. The company’s primary goal is to use modern mining techniques to resume underground mining at these properties.
- Canada Silver Cobalt has near-term revenue generation potential in tailings and waste rock piles. Preliminary metallurgical testing returned excellent silver and cobalt recoveries and concentrate grades.
- Castle Mine's historic production of 9.5 million ounces (Moz) of silver and 300,000 lbs of cobalt; grade averaged 25 oz/t silver (777 g/t silver) from 1923 to 30, and 26 oz/t silver (808 g/t silver) from 1979 to 1989.
- Canada Silver Cobalt’s proprietary Re-20X process aims to directly supply manufacturers with valuable cobalt products to aid clean energy production.
- The company expanded its Greenfield Lithium holdings between Case and Stimson Townships in the Cochrane District, Ontario by staking new claims for a total holding of 230 square kilometres.
Canada Silver Cobalt Works (TSXV:CCW) focuses on acquiring and redeveloping past-producing properties in pro-mining jurisdictions, with a portfolio of high-grade silver and cobalt properties with historic production in the Gowganda and Cobalt mining camps of Northern Ontario. The company also has 14 battery metals (nickel, copper, cobalt) properties in northern Quebec.
Silver should be top of mind for investors interested in renewable energy. The precious metal has long been prized as a store of value, but its conductive properties make it ideal for electronics — including emerging clean technologies. Silver and cobalt are essential metals in renewable energy technology. Cobalt is used in three main types of lithium-ion electric car batteries, while silver is used in 90 percent of crystalline silicon photovoltaic cells, a solar panel component.Many analysts also highlight silver’s vital role in solar projects. The European Union recently announced a mandate for new solar panels on public and commercial buildings, which alone will contribute significantly to silver demand. It’s estimated that global photovoltaic cell demand will account for 12 percent of total silver demand by the end of 2022 with no signs of slowing down.