(Castle East - Gowganda, Ontario. Image via Canada Silver Cobalt Works Inc. Click to enlarge.)
On Monday,
Canada Silver Cobalt Works Inc. (TSX-V: CCW, Forum) provided its outlook for 2022 and a comprehensive review of company operations in 2021.
CCW discovered seven new mineralized structures. The drill program has been highly successful thus far, with incredible intercepts in late 2020 including silver results of up to
89,853.00 g/t Silver over 0.30 metre in hole CS-20-39, cobalt results of up to
2.22% Cobalt over 0.42 metre in hole CS-20-39W4, and impressive gold results of up to
24.95 g/t Gold over 0.30 metre in hole CS-20-31 with visible gold present at a shallow depth of 49.7 metre downhole.
A combined total of 42,603.4 metres were drilled at its flagship Castle East and Graal Projects. At Castle East, the silver and cobalt grades are equally impressive compared to 2020 and include up to
30,416.91 g/t Silver and
2.24% Cobalt over 0.42 metre in hole CS-21-61, multiple gold results including
2.35 g/t Gold over 1.30 metre in hole CS-21-47, and
1.94 g/t Gold over 1.00 metre in hole CS-21-48.
The Company’s President, COO, and Vice-President Exploration, Matthew Halliday, P.Geo., called this an energetic year for Canada Silver Cobalt Works in a media release detailing this news.
“We are so proud of our team for accomplishing so much this year! Not only have we been opening up new structures and finding high-grade silver in Gowganda, but we’ve also been successful at Graal with multiple massive sulphide intersections. We’ve had quite a year for Re-2Ox and are taking the emerging battery markets very seriously; the ability to produce EV quality materials from the Cobalt camp is the heart of the process. The fact that we can now extract Rubidium for the sodium-ion battery market illustrates how industrious we are and that we are planning for a broad EV future. It was an incredibly ambitious year at Canada Silver Cobalt Works, and we plan to keep the momentum going in 2022. We can’t wait to show you the exciting developments at Castle East, Graal and more.”
For a deeper look at these results, click
here.