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Bullboard - Stock Discussion Forum Nord Precious Metals Mining Inc V.NTH

Alternate Symbol(s):  CCWOF

Nord Precious Metals Mining Inc. is a precious metal and battery metals junior mining company. The Company's business activities are the acquisition, evaluation, exploration and development of mineral properties. Its projects include Castle Silver Mine Project, Castle East Property, Beaver Property and Eby-Otto Property. The Castle Silver Mine Project is located in the Haultain and Nicol... see more

TSXV:NTH - Post Discussion

Nord Precious Metals Mining Inc > News- Silver Intercepts of 74.67 g/t Gold Equivalent!
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Post by prospector001 on Jan 24, 2022 8:46am

News- Silver Intercepts of 74.67 g/t Gold Equivalent!

From the release;

Canada Silver Cobalt Intersects High-Grade Silver up to 6,188.43 g/t Ag with a Gold Equivalent of 74.67 g/t Au at Castle East


Excellent intercepts from the Big Silver Zone will contribute significantly to the upcoming resource update.

Coquitlam, BC – TheNewswire - January 24, 2022 - Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce a continued expansion of its silver deposit at Castle East with excellent intercepts from the Big Silver Zone containing high-grade silver and cobalt grades. The drill results will be included in the planned resource update expected by the end of Q1 2022.

Drilling Highlights:

Comment by fairdinkem on Jan 24, 2022 11:47am
6188.43 grams AU = AU equivlant of 2.638 ounces:  Not shabby is it !!!!!!!!!!! then we can get numbers on the cobalt anon,,,,,,,
Comment by Flopticalcube on Jan 24, 2022 12:17pm
Tiny intercept as they all are. Only 1/2 meter.
Comment by Redsalem on Jan 24, 2022 2:46pm
These intercepts look to be pretty substatial!  Very promising.
Comment by Flopticalcube on Jan 24, 2022 2:53pm
High grade but I wouldn't call 1/2 meter "substantial". Unless they can find several meters of this grade, it isn't worth mining.
Comment by Redsalem on Jan 24, 2022 3:18pm
There's so much potential here, that spike in SP was just the beginning.  Stop losses triggered today so a few can take penny profits but longs will be rewarded on this.  
Comment by Flopticalcube on Jan 24, 2022 3:25pm
Frank needs to focus. And not using company funds to prop up his other ventures or buy property from family members would be good too.
Comment by realty on Jan 24, 2022 8:10pm
Flopticalcube:  Think about it for a second.   6,188.43 grams per tonne (g/t) silver over 0.50meters.  That is the same as 1,030 grams per tonne silver over 3 meters.  You can mine 3 meters of that level of silver profitably.  Yes, it is still deep.  Its rougly 30 ounces of silver per tonne though and they have cobalt credits.  Looks good to me.  ...more  
Comment by Flopticalcube on Jan 24, 2022 8:33pm
Its not the same though. 1 cubic meter of rock is about 2.7t. He has about 1 cubic meter at the most there with a 1/2m intercept. That's about $15000 worth of silver. Not worth the effort at all.
Comment by Flopticalcube on Jan 24, 2022 8:34pm
I'll grant you that if he can join up the veins then he might have a lot more. One long, thin vein is what Castle is all about.
Comment by realty on Jan 24, 2022 11:17pm
Narrow Vein Mining Globally narrow veins provide over 30% of all underground production. Several major underground mobile equipment manufacturers provide mechanized drilling, and load and haul equipment specifically for narrow-width mines. There are some inherent advantages to narrow high-grade vein mining; less capital is required, less development and waste tonnages are produced in proportion ...more  
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