Canada Silver Cobalt Works - President and COO, Matt Halliday.
  • Canada Silver Cobalt Works (CCW) has completed re-processing waste rock material from Castle Mine in Gowganda, Ontario
  • Mine waste rock is potential pre-production plant feed and can be mechanically sorted and upgraded by simple gravity concentration
  • Waste rock currently sitting outside the mine is potentially similarly mineralized as the stored waste rock left in the mine stopes. Cobalt and nickel results are still pending
  • Canada Silver Cobalt Works (CCW) was down 5.56 per cent, trading at C$0.085 at 10 am ET

Canada Silver Cobalt Works (CCW) has completed re-processing waste rock material from Castle Mine in Gowganda, Ontario.

Mine waste rock is potential pre-production plant feed and can be mechanically sorted and upgraded by simple gravity concentration. Waste rock currently sitting outside the mine is potentially similarly mineralized as the stored waste rock left in the mine stopes. Cobalt and nickel results are still pending.

Sample No.

Au (ppm)

Au (oz/ton)

Ag (ppm)

Ag (oz/ton)

Castle -20 (1)

1.435

0.042

3,963

115.59

Castle -20 (2)

1.557

0.045

4,128

120.4

Castle -20 (3)

0.502

0.015

4,011

117.0

Castle +20 (1)

13.023

0.380

28,200

822.5

Castle +20 (2)

1.000

0.029

28,586

833.7

Castle +20 (3)

1.164

0.034

29,165

850.6

As part of the development for production mining, the company has rehabilitated 500 meters of the 1.2 kilometres of accessible first-level underground mine workings which can be accessed.

Based on the underground drilling in 2019, there is potential that, in addition to the 600 meters of stoped drifts that have already been mined, up to a further 300 meters of stoped veins have yet to be accessed.

The company plans to use a ramp to mine the mineralized material between the 11 existing mine levels, which would create a ramped mine operation, allowing for hauling the ore up the main shaft. This will lead to an optimized mine design for future mine production.

The company recently discovered a central high-grade silver vein system at Castle East, located 1.5 km from its wholly owned past-producing Castle Mine near Gowganda.

Canada Silver Cobalt Works (CCW) is a Canadian mining company engaged in the activities such as the acquisition, evaluation, exploration, and development of mineral properties. 

Canada Silver Cobalt Works (CCW) was down 5.56 per cent, trading at C$0.085 at 10 am ET.


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