Canada Silver Cobalt Works Inc. (TSX-V:CCW) has posted more drill results from its over 6,000-hectare (Ha) Graal nickel-copper-cobalt discovery in the Lac St-Jean region of Quebec.
It means all assays have now been received from the firm's 2021-2022 winter program and almost every hole hit disseminated to massive sulphides with nickel-copper-cobalt mineralization.
One hole intersected 5.80 metres (m) with results grading 0.89% nickel-equivalent, 0.57% nickel, 0.41% copper and 0.08% cobalt from a depth of 135m to 140.80m.
"We're happy to finally receive all the pending assays from the previous drill campaign. This will allow us to move forward with the technical report for this property," said Matt Halliday, Canada Silver Cobalt's president and chief operating officer (COO), in a statement.
"We will continue exploration at Graal and plan to determine the extent of this nickel-copper-cobalt deposit," he added.
READ: Canada Silver Cobalt resumes drilling at its electric vehicles battery metals Graal property in northern Quebec
"This property aligns with our vision of being an important supplier of battery metals for the EV market, and we are excited to see it develop."
Another 10.5m intersection deeper in the same hole graded 0.19% nickel-equivalent, 0.10% nickel, 0.13% copper, and 0.02% cobalt starting from 148.8m depth. This hole was sunk 100m from a previously reported hole, which hit 1.20% nickel-equivalent, 0.72% nickel, 0.86% copper, and 0.09% cobalt over 9.30m starting from 142.80m depth.
And moreover, these two holes sit 5km southeast from the area where the massive sulphides were first discovered last year.
The Graal property is one of 14 properties recently acquired by the company in northern Quebec covering 31,201 hectares that are prospective for EV battery metals.
Contact the author at giles@proactiveinvestors.com