The Company also has: (1) 14 battery metals properties in Northern Quebec where it has recently completed a nearly 16,000-metre drill program on the Graal property and (2) the prospective 1,000-hectare Eby- Otto gold property close to Agnico Eagle’s high-grade Macassa Mine near Kirkland Lake, Ontario where it is exploring. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020, and a signature date of July 13, 2020. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate. Note that mineral resources that are not mineral reserves do not have demonstrated economic viability. In May 2020, based on a small initial drill program, the Company published the region’s first 43-101 resource estimate that contained a total of 7.56 million ounces of silver in Inferred resources, comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson Zone, beginning at a vertical depth of approximately 400 meters. The Company has completed a 60,000m drill program aimed at expanding the size of the deposit with an update to the resource estimate underway. recently discovered a major high-grade silver vein system at Castle East located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. The MCTO prohibited the Chief Executive Officer and Chief Financial Officer of the Company from trading in securities of the Company but did not affect the ability of persons other than the CEO and CFO to trade in the Company's securities.Ĭanada Silver Cobalt Works Inc. The Company also announces that the British Columbia Securities Commission has revoked the management cease-trade order (“MCTO”) issued on May 2, 2023. The documents are available under the Corporation’s profile on SEDAR atand the financial statements and MD&A are also available on the Corporation’s website at. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the “ Company ” or “ Canada Silver Cobalt ”) announces that it has filed its audited consolidated financial statements for the fiscal year ended December 31, 2022 and condensed interim consolidated financial statements for the three months ended March 31, 2023 as well as the related management’s discussion and analysis and CEO and CFO certifications. Management Cease Trade Order Revoked Coquitlam, BC - TheNewswire - JCanada Silver Cobalt Works Inc.
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