Announcement Date: 2022-06-27
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Canada Silver Cobalt Works Inc.
Project name: Graal
Location: Canada
Commodities: Copper,Nickel,Cobalt
Highlight: Drilling results incl. 5.8m @ 0.57% Ni, 0.41% Cu, 0.08% Co from 135m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Coquitlam, BC, June 27, 2022 – Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the “Company” or “Canada Silver Cobalt”) is pleased to provide the latest exploration results at its Graal nickel-copper-cobalt discovery in the Lac St-Jean region of Quebec. The current drill campaign is still on-going and has been designed to test high-priority anomalies discovered from the most recent geophysical surveys. See Table 1 below for the assay data, Figure 1 for a core photo, and Figure 2 for a map of the drill hole location with respect to the recent TDEM geophysics grid. The 6,113-hectare Graal property is one of 14 properties recently acquired in northern Quebec covering 31,201 hectares that are prospective for EV battery metals such as nickel, copper, and cobalt. (See February 16, April 21, July 22, November 15, 2021 and January 31, 2022 news releases). The drill program is currently being managed by Laurentia Exploration in association with GoldMinds Geoservices Inc. The core samples have been split in two with a rock saw. Half was sent to ALS laboratory in Val d’Or and the other half kept as witness core. Blank and standard were inserted in the sequence and are in line with expected values allowing the disclosure of the assay results.
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