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Canada Silver Cobalt intersects 4,710 g/t Silver over 0.53m fifty meters Below Surface

Nov 14, 2022

Canada Silver Cobalt Works Inc. announces additional assay results from its 60,000m drill program at Castle East completed earlier this year including intercepts up to 4,710.00 g/t silver over 0.53m and 3,020.00 g/t silver over 0.67 meters. 

Details of the drill core assays, which were received recently after delays in core logging and at the assay lab, are shown in the table below. 

Assay Result Highlights 


CS-21-84501.00501.670.673,020.00< 0.01



Note: The assay results are core length with no capping applied. Assay results that are reported as significant are >1000 g/t silver and >0.10% cobalt. G/t refers to grams per tonne. 

"These drill results at Castle East are, once again, excellent news. Previous releases announced increased continuity on the Big Silver, 61, and 50 Zones (see news release October 31, 2022 and November 7, 2022). These two hits once again add more critical information and further expand our deposit at Castle East to the south and also closer to surface," said Matthew Halliday, P.Geo., President and COO. 

Hole CS-21-84 was targeting the area between the Big Silver and Robinson Zones. The high-grade silver vein was intercepted at 501.37m, and is located approximately 50m north-west and 30m above (in elevation) from the intercept in hole CS-20-39 which had 89,853.00 g/t silver over 0.30m (see news release January 29, 2021). It is also located approximately 60m above the intercept in the discovery hole CA-11-08 which had 40,944 g/t silver over 0.45m (refer to August 25, 2011 Gold Bullion Development news release). 

The hole CS-21-115 was targeting a 3D-modelled alteration zone as well as following up the visible gold discovered in hole CS-20-31 that had 24.95 g/t gold over 0.30m (see news release December 17, 2020). The hole intercepted a vein at 65.23m, and is located approximately 280m south of the discovery hole CA-11-08. The high-grade silver vein is approximately 50m below the surface and is therefore the closest vein to surface the Company has drilled on the property to date. The intercept suggests there may be an association with gold and silver in the Archean lithologies outside of the Nipissing Diabase intrusion. The relationship between the gold and silver at these shallow depths requires further investigation since it is unclear whether this is the same system or if it is occurring as sequential pulses of mineralized fluid. 


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