Announcement Date: 2022-11-07
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Canada Silver Cobalt Works Inc.
Project name: Castle
Location: Canada
Commodities: Gold,Silver,Cobalt
Highlight: Drilling results incl. 1.01m at 3680g/t Ag, 0.01g/t Au, 0.01% Co
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Coquitlam, BC, November 7, 2022 – Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the “Company” or “Canada Silver Cobalt”) announces additional assay results from its 60,000m drill program at Castle East completed earlier this year including intercepts up to 3,680.00 g/t silver over 1.01m and 1.34% cobalt over 0.47 meters. Details of the drill core assays, which were received recently after delays in core logging and at the assay lab, are shown in the table below. Hole CS-21-78 was drilled targeting the 50 West Zone. The high-grade silver and cobalt assays from 489.42m to 490.85m in hole CS-21-78 are located approximately 15m away from the intercept in hole CS-21-50 which was 2,208 g/t silver over 0.45m (see news release May 25, 2021). The intercepts from 279.20m to 280.77m are located approximately 190m above the intercept (closer to surface) in hole CS-21-50. They are primarily cobalt rich but have minor amounts of gold mineralization as shown in the assay results. Hole CS-21-81 was planned as another follow up hole to the high-grade intercepts in the 61 Zone, and the intercept is located 45m away from the high-grade intercept in hole CS-21-61 of 30,416 g/t silver over 0.42m (see news release August 9, 2021).
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