Canada Silver Cobalt Works Inc. is pleased to report that it has completed its previously-announced acquisition of the assets of Polymet Resources Inc., including an assay laboratory and bulk sampling plant located in Cobalt, Ontario. The asset acquisition was effected through Temiskaming Testing Laboratories Inc., a wholly-owned subsidiary of Canada Silver Cobalt. In payment for the assets, Canada Silver Cobalt issued [...]
Canada Silver Cobalt Works Inc. is pleased to report that it has filed an independent technical report on SEDAR. The technical report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects supporting a Mineral Resource Estimate for the Castle East, Robinson Zone, Ontario, Canada with an effective date of May 28, 2020 and a signature date of July 13, 2020 . This Technical [...]
Canada Silver Cobalt Works Inc. has entered into a Purchase and Sale Agreement with Granada Gold Mine Inc. pursuant to which Canada Silver Cobalt will repurchase from Granada Gold a back-in option on five mining leases at Castle East, forming part of the Castle mine property near Gowganda, Ontario. In payment, Canada Silver Cobalt will issue 2,941,000 common shares to Granada Gold at a deemed price of $0.51 per share, for [...]
Canada Silver Cobalt Works Inc. is pleased to announce that Mr. Matt Halliday, P.Geo., has been promoted to the position of President and Chief Operating Officer of the Company, in addition to his duties as VP-Exploration, as Canada Silver Cobalt prepares to aggressively ramp up drilling at Castle East to fully leverage a growing high-grade silver discovery adjacent to three past producers in Gowganda, 75 kilometers [...]
Canada Silver Cobalt Works Inc. is pleased to announce the Company has closed a flow-through private placement with strategic investors, raising gross proceeds of $1.2 million by issuing 2,000,000 units at $0.60 per flow-through unit . Proceeds of the flow-through private placement will be used to further ramp up drilling and exploration over the coming weeks at the Company's 100%-owned Castle East high-grade silver [...]
Canada Silver Cobalt Works Inc. is pleased to announce that Phase 2 drilling at Castle East has quickly expanded the potential scale of the Robinson Zone high-grade silver discovery, open in all directions. The latest drill hole, CS-20-24, further demonstrates continuity of vein structures over an increasingly broad area consistent with a robust mineralizing event immediately east of three past producers in Northern [...]
Canada Silver Cobalt Works Inc. is pleased to announce a major reinterpretation of the Gowganda Silver Camp as a new round of diamond drilling begins at the Castle East high-grade silver discovery, open in all directions. Highlights: Diamond drilling aims to build and upgrade the maiden Inferred mineral resource that includes 7.56 million ounces of silver in zones 1A and 1B of the Robinson Zone ; Only a fraction of Castle [...]
Canada Silver Cobalt Works Inc. is pleased to announce the results of its first 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 [...]
Canada Cobalt Works Inc. is pleased to announce that further to its news release dated May 8, 2020, the TSX Venture Exchange has approved the name change to "Canada Silver Cobalt Works Inc.". The Company's shares will commence trading effective at the opening on Tuesday, May 19, 2020, under the new name and current stock symbol "CCW". The Company's CUSIP number will not change. About Canada Cobalt Works Inc. Canada [...]
Canada Cobalt Works Inc. is pleased to announce that shareholders in a Special Meeting yesterday voted 99.92% in favor of changing the Company's name to Canada Silver Cobalt Works Inc. in order to better reflect its immediate and longer-term direction. The name change is expected to be effective in the coming days, pursuant to filing Articles of Amendment and subject to TSX Venture Exchange approval, followed by a major [...]
Canada Cobalt Works Inc. is pleased to announce that a Special Meeting of its shareholders will be held May 7, 2020, in order to change the Company's name to "Canada Silver Cobalt Works Inc.". The CCW trading symbol will remain the same. The name change is subject to a Special Resolution which requires the approval of at least 66% of the votes cast by shareholders present in person or represented by proxy at the May 7 [...]
Canada Cobalt Works Inc. announces that the Annual General Meeting was held today, Thursday March 12, 2020 and is pleased to report that all resolutions were approved with over 99% voting in favour in all categories. Resolutions passed are listed below. The following individuals were re-elected Directors of the Company: Frank J. Basa, Jacques Monette, Dianne Tookenay, Robert Setter and Marc Bamber. McGovern, Hurley [...]
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