Canada Silver Cobalt Works Inc has reported encouraging results from its 60,000 metre (m) drill program at Castle East, a newly discovered high-grade vein system located 1.5 kilometres from the company's Castle mine in Northern Ontario.
Highlights from the results include intercepts of up to 3,680 grams per ton of silver over 1.01 m and 1.34% cobalt over 0.47 m.
"These drill results at Castle East are excellent,” commented the company’s president and COO Matthew Halliday.
READ: Canada Silver Cobalt Works unveils more encouraging drill results from Castle East at flagship project in Gowganda district
“The results released today further confirm continuity on the 61 Zone but also expand the 50 West Zone and provide a much shallower intercept above known mineralization,” he said.
“These shallow hits in CS-21-78 also confirm that there are minor amounts of gold mineralization in these silver-cobalt systems.”
Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space. Its flagship Castle Mine and Castle property near Gowganda in Northern Ontario features strong exploration upside for silver, cobalt, nickel, gold, and copper.
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