Located only 5 km from Agnico Eagle's Macassa Mine, one of the highest-grade gold mines in the world with over 5 million ounces poured, this third property acquisition of 190 hectares amalgamates 1,000 hectares of highly prospective land situated in the most prolific high-grade gold-bearing area of Northern Ontario. Canada Silver Cobalt Works Inc. is pleased to announce that it has entered into an Option Agreement to [...]
Canada Silver Cobalt Works Inc. is pleased to provide an outlook for 2022 and a comprehensive review of company operations in 2021. "What an energetic year for Canada Silver Cobalt Works. We are so proud of our team for accomplishing so much this year! Not only have we been opening up new structures and finding high-grade silver in Gowganda, but we've also been successful at Graal with multiple massive sulphide [...]
Excellent intercepts from the Big Silver Zone will contribute significantly to the upcoming resource update. Coquitlam, January 24, 2022 - Canada Silver Cobalt Works Inc. is pleased to announce a continued expansion of its silver deposit at Castle East with excellent intercepts from the Big Silver Zone containing high-grade silver and cobalt grades. The drill results will be included in the planned resource update [...]
Canada Silver Cobalt Works Inc. is pleased to announce that the company will begin testing high-grade stamp mill tailings from the Beaver mine and the Castle mine once commissioning of the gravity pilot plant is complete. The testing is expected to begin within 4 weeks. Highlights: Company owns two of the three known high-grade silver stamp mill tailings in the Cobalt camp. Beaver tailings were sonic drilled by the [...]
Canada Silver Cobalt Works Inc. and Granada Gold Mine Inc. are pleased to announce positive bench-scale leach test results achieving 99 percent extraction of the contained alkali metal rubidium from drill core sourced from the recently discovered EV battery metals zone at the Granada Gold deposit in northwestern Quebec. Highlights: SGS bench scale test-work achieves leach extraction of 99% rubidium Project economics are [...]
Canada Silver Cobalt Works Inc. is pleased to announce a continued expansion at Castle East with strong intercepts from the 61 Zone. Drilling Highlights: 61 Zone grades include 2,571.53 g/t silver over 0.50m, and 1.12% cobalt over 0.51m in hole CS-21-77W1, as well as 1,951.82 g/t silver over 0.55m, and 0.76% cobalt over 0.46m in hole CS-21-77. Both intercepts provide an up-dip extension to the 61-vein structure with [...]
Canada Silver Cobalt Works Inc. announces that it has completed its previously announced marketed private placement offering by raising total gross proceeds of approximately $3.42 million, including the partial exercise of the option to increase the size of the offering, consisting of: 5,904,578 flow-through common shares of the Company that will qualify as "flow-through shares" within the meaning of subsection 66 of the [...]
The purchase of a 10-acre industrial-zoned property with direct Highway 11 access will allow Canada Silver Cobalt abundant area for core handling and more efficient use of space Coquitlam, December 7, 2021 - Canada Silver Cobalt Works Inc. is pleased to announce that it has entered into an agreement for an acquisition of a 10-acre property fronting Highway 11 near Cobalt, ON, that will be used as the central hub for all [...]
Canada Silver Cobalt Works Inc. announces that, due to strong investor demand, it has agreed with Research Capital Corporation, as sole bookrunner, and together with Canaccord Genuity Corp. as co-lead agents , to increase the size of the previously announced best efforts private placement offering for gross proceeds from up to $2,000,000 to up to $3,000,000 . For more details on the Offering, refer to the Company's [...]
Canada Silver Cobalt Works Inc. announces that it has entered into an agreement with Research Capital Corporation to act as sole bookrunner and together with Canaccord Genuity Corp. as co-lead agents , in connection with a marketed private placement offering for aggregate gross proceeds of up to $2,000,000 in a combination of: flow-through common shares of the Company that will qualify as a "flow-through share" within the [...]
Canada Silver Cobalt Works Inc. is pleased to announce that the conclusion of the latest acquisition completes the consolidation of 6 kilometers of mineralized strike length. The land included in the new acquisition from SOQUEM Inc. and Mines Coulon Inc bolsters the potential at the Graal property with further geophysical anomalies with conductor continuity and historical drill holes containing Nickel, Copper, and Cobalt [...]
Canada Silver Cobalt Works Inc. is pleased to announce that it has intercepted massive sulphides containing nickel and copper at its Graal property in the Lac St-Jean region of Quebec. The mineralization has been verified with a handheld XRF device with point data taken on the sulphides ranging up to 2.79% Ni and 25.68% Cu. The XRF results confirm the existence of strong nickel-copper-sulphide mineralization that [...]