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Canada Silver Cobalt (TSXV:CCW) unearths 2,900 g/t silver and 1.05 per cent cobalt at Castle East

Mining
TSXV:CCW
31 October 2022 13:25 (EDT)
Canada Silver Cobalt Works - President and COO, Matt Halliday.

Canada Silver Cobalt (CCW) announced new assay results from its drill program at Castle East.

Results include intercepts up to 2,900 g/t silver and 1.05 per cent cobalt over 0.5 metres.

Hole CS-21-73 was drilled 40 metres away from the high-grade intercept of 89,853 g/t silver over 0.3 metres in Big Silver Hole CS-20-39.

Hole CS-21-77W1 was a follow-up to the high-grade intercepts in the 61 Zone and intercepted two veins spaced apart. The silver-rich vein at 453.00 metres is 24 metres away from the high-grade intercept of 30,416 g/t silver over 0.42 metres in CS-21-61, while the cobalt-rich intercept at 486.00 metres is 13 metres from the CS-21-61 intercept.

The company’s President and COO, Matthew Halliday, P.Geo, said these drill results confirm vein continuity in the Big Silver Zone and the 61 Zone, which supports the team’s view that the Castle East deposit has the potential to be expanded beyond what has been indicated so far.

Canada Silver Cobalt Works is developing a silver vein system at its flagship Castle Property in Ontario.

Canada Silver Cobalt (CCW) is up by 11.76 per cent trading at $0.09 per share as of 12:50 pm ET.


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