- Canada Silver Cobalt Works (CCW) has signed a non-binding letter of intent (LOI) to purchase a greenfield lithium property
- The 24-unit multicell greenfield lithium property is located in Case Township, in the Cochrane District of Ontario
- The company and optionor shall enter into the option agreement whereby the optionor shall grant to the company the right to acquire an undivided 100-per-cent interest in and to the property based on some terms and conditions
- Canada Silver Cobalt is a mineral-exploration company
- Canada Silver Cobalt Works Inc. opened trading at $0.09 per share
Canada Silver Cobalt Works (CCW) has signed a non-binding letter of intent (LOI) to purchase a greenfield lithium property.
The 24-unit multicell greenfield lithium property is located in Case Township, in the Cochrane District of Ontario.
The property borders Power Metal’s Case Lake Lithium Property. It is located approximately 5 kilometres northwest of their West Joe Dyke and Main Dyke areas.
The property is made up of a single 24-unit multicell mining claim totalling 4.5 square kilometres or 450 hectares.
Furthermore, it is sandwiched between several ‘domes’ identified and owned by Power Metals.
These ‘domes’ are dome-shaped laccolith igneous intrusions that typically host the pegmatitic dykes that contain spodumene, which is a lithium aluminum inosilicate, otherwise known as a lithium ore mineral.
The company and optionor shall enter into the option agreement whereby the optionor shall grant to the company the right to acquire an undivided 100-per-cent interest in and to the property based on some terms and conditions.
Canada Silver Cobalt is a mineral exploration company whose flagship silver-cobalt Castle mine and 78 sq. km Castle Property feature strong exploration upside for silver, cobalt, nickel, gold, and copper.
Canada Silver Cobalt Works Inc. opened trading at $0.09 per share.
