Canada Silver Cobalt Update Thurs. Aug. 26 at 1 pm EDT (6 pm London) During Proactive Investors One2One Virtual Mining Forum

Aug 25, 2021

Please join us for an exploration/operations update by CCW’s President Matt Halliday, P.Geo., and CEO Frank Basa, P.Eng., about the company’s spectacular Castle East high-grade silver discovery and progress on other initiatives including the Re-2Ox extraction process for battery metals mining ores and recycled batteries.  
  • At Castle East, during 42,000 meters of drilling in the past year, the company has hit silver veins grading up to 89,853 g/t Ag (2,621 oz/ton) and cobalt grades up to 2.22%. 
  • The average grade of 8,582 g/t Ag (200.2 oz/ton) is the highest silver resource grade in the world and a resource update in Q1 2022 is expected to show a significant increase in resources and lead the way to a pouring of silver dore bars at CCW’s TTL processing facility.
  • Please join the forum to hear Matt’s take on how much the resource increase could be and be ready to ask any questions you may have.
Proactive Investors One2One Virtual Mining Forum
Thursday, August 26, 2021
1 pm EDT (6 pm London time)
Here is a link to register and be sent a confirmation with instructions.
See below for a description of Canada Silver Cobalt.
Link to CCW’s presentation
Link to recent news releases
Please contact us with any questions you may have.
Best regards,
Wayne
Wayne Cheveldayoff
Corporate Communications
Canada Silver Cobalt Works Inc. (TSXV: CCW; OTCQB: CCWOF; Frankfurt: 4T9B)
Granada Gold Mine Inc. (TSXV: GGM; OTC: GBBFF; Frankfurt: B6D)
mobile 416-710-2410

About Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. recently discovered a major high-grade silver vein system at Castle East located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. This discovery has the highest silver resource grade in the world, with recent drill intercepts of up to 89,853 grams/tonne silver (2,621 oz/ton Ag). A drill program is underway to expand the size of the deposit with an update to the resource estimate scheduled for Q1 2022.

In May 2020, based on a small initial drill program, the Company published the region’s first 43-101 resource estimate that contained a total of 7.56 million ounces of silver in Inferred resources, comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson Zone, beginning at a vertical depth of approximately 400 meters. Note that mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate. Report reference: Rachidi, M. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020, and a signature date of July 13, 2020.

Canada Silver Cobalt’s flagship silver-cobalt Castle mine and 78 sq. km Castle Property feature strong exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned Castle Mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates on site, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox (for the creation of technical-grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations), Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements.

Copyright © 2021 Canada Silver Cobalt Works Inc., All rights reserved.

 

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