Positive Battery Metals Assay Results Assay results confirm the existence of strong nickel, copper and cobalt mineralization in addition to discovering low grade platinum and palladium.
Coquitlam, British Columbia--(Newsfile Corp. - March 3, 2022) - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce it has received positive assay results including intercepts up to 2.08% nickel and 3.75% copper from the first three diamond drill holes that intercepted massive sulphides at its Graal property in the Lac St-Jean region of Quebec.
Highlights:
- The assay results (see table below) verify the existence of nickel and copper that was identified using a handheld XRF device during the core logging process (See November 24, 2021 news release).
- The elemental data suggests the pyrrhotite is nickel bearing and shows the existence of PGM elements including platinum and palladium.
- There are assays pending from another 18 drill holes.
- Massive sulphides were intercepted in 20 of 21 drill holes with 7,772.3 meters drilled to date.
- Another 1,700 meters of drilling is planned at Graal along with borehole EM geophysics to quantify potential thickness around the sulphide intersections and a ground EM survey (SQUID) to identify conductive zones to create high-value targets at depth (See news release January 31, 2022).
Matt Halliday, P.Geo., President, COO and VP Exploration stated: "Graal has been an exciting property for our geological team from the time we hit massive sulphides in the first few holes. As we drilled more holes, we discovered even wider intervals of sulphides. We're very much looking forward to the assays from the remaining 18 holes that are still not reported and continuing with exploration at this deposit. With Graal and the other prospective properties we have in Quebec and Ontario, the Company is well positioned for the continued discovery of battery metals, and when combined with our 'green' Re-2Ox extraction process, to be a fully integrated, environmentally compliant supplier of critical metals and value-added battery metals to the North American market."
Canada Silver Cobalt Reports Positive Battery Metals Assay Results from Its Massive Sulphide Discovery at Graal in Northern Queb