Canada Silver Cobalt Works Inc. announces that the Company has begun work at Castle East with a new, first stage stripping plan to follow up on shallow gold and silver mineralization.
“Stripping and trenching have historically been very important in the Cobalt Mining camp. We are getting back to the basics to see what is under the overburden at Castle East, to follow up on distinct, shallow gold and silver intercepts in the planned stripping zone. We are motivated to see if there is a surface expression. We are also excited to follow up on the previously identified gold zone on the property,” commented Matthew Halliday P.Geo., President and COO.
Frank J. Basa, P.Eng., CEO, further commented, “The bulk of the over 500 million ounces of silver recovered in the Cobalt camp has been from surface vein discoveries found by stripping which developed into over 100 high-grade silver mines with cobalt and nickel credits. With our recent success in drilling grades of up to 80,000 grams per tonne silver in our completed 60,000-meter drill program, a good follow-up would be to see if the mineralized structures come to surface which has been the norm.”
- Stripping to follow up on 4,710 g/t silver over 0.53m from 64.99 to 65.52m in hole CS-22-115.
- Additional follow-up on the nearby 24.95 g/t gold over 0.30m from 49.70 to 50.00 in hole CS-20-31.
- Additional stripping to expose structures in potential zones of gold mineralization already identified in previous stripping at Castle East and adjacent properties.
Field season is gearing up for Canada Silver Cobalt Works; the company has received permits for both drilling and outcrop stripping allowing for further exploration at Castle East (See news release March 06, 2023) and is ready for the stripping program to commence. The field crew will be mobilized the week of May 8th with mechanical stripping and power washing to start mid week.
As explained in the March 6th news release, the aim is to explore and identify any surface expressions on each of the distinct shallow silver and gold mineralization. The two primary, near-surface intercepts that will be followed up on are 4,710 g/t silver over 0.53m from 64.99 to 65.52m in hole CS-22-115, and 24.95 g/t gold over 0.30m from 49.70 to 50.00m in hole CS-20-31 (See news releases November 14, 2022, and January 17, 2023, respectively).