Northern Lights Increases Secret Pass Land by 30%
Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce it has increased the total leased mineral claim area at Secret Pass project in Mohave County, Arizona by 30%.
The Company has completed the registration of 32 new mineral claims with the US Bureau of Land Management comprising 260 hectares. The additional claims increase the area of the Secret Pass Project to approximately 1,128 hectares.
Northern Lights CEO, Jason Bahnsen, commented “The staking of these additional claims at Secret Pass significantly increase the project area and secures highly prospective ground where there are numerous historic workings and high grade rock samples. We have included this new zone in the close spaced soil sampling program currently underway at Secret Pass.”
Figure 1 – Secret Pass Mineral Claims
The northwestern claims that have been staked are underlain by Precambrian age granitic gneiss which is intruded by a large Tertiary age rhyolite dome complex that contains roof pendants of andesitic volcanics. The northwest trending Frisco Mine Fault, which hosts the Tin Cup and FM gold zones to the southeast, transects this claim group. The fault zone is strongly altered and contains historical evidence of small scale mining. Limited rock sampling at the Sam’s Ridge prospect returned gold assays ranging up to 6 g/t.
The southeastern claims that have been staked are underlain by a northwest trending sequence of Precambrian age granitic gneiss that is intruded by a Tertiary age felsic dykes. Numerous shallow shafts and surface workings form two subparallel vein systems locally designated as the Victoria gold trend. No surface rock sampling was undertaken in this area.
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: shawn@northernlightsresources.com
Tel: +1 604 773 0242
- Published in Northern Lights Resources
Newlox Gold Samples 77.1 g/t Gold at Historic Boston Mine, Costa Rica
Newlox Gold Ventures Corp. (“Newlox” or the “Company”) ( CNSX : LU X.CN ) ( Frankfurt/Stuttgart: NGO ) (OTC : NWLXF ) is pleased to announce grab sample results as high as 77.1 grams per tonne gold from the most accessible portions of the historic Boston Mine in Costa Rica. The Boston Mine is currently being exploited by Newlox Gold’s local mining partners with whom Newlox has partnered to supply primary feedstock to the Company’s Boston Processing Plant, which is now at an advanced stage of construction.
Highlights
- – Grab samples were taken by the Company’s geological team from vein structures identified by the Company’s local mining partners at the Boston Mine.- Four grab samples from prominent veins in easily accessible areas of the Boston Mine were assayed using the Fire Assay method, returning 46.57 g/t Au, 67.80 g/t Au, 73.28 g/t Au, and 77.10 g/t Au respectively .- These results affirm historical data indicating the presence of high-grade gold associated with epithermal quartz vein systems at the Boson Mine, however the reader is cautioned that such grab samples are not necessarily indicative of the mineralization in general for the deposit.- A National Instrument 43-101 report by Veritas Mining C.R. S.A. in 2011 on the Boston Project and surrounding Juntas Gold Camp published a historical resource of 241,000 tonnes containing 20,800 oz of gold and an exploration potential of between 685,000 and 981,000 ounces . A substantial portion of the exploration potential was ascribed to the Boston Project area.
The Company has under construction its second environmentally and socially positive precious metals recovery plant at the Boston Project, which is intended to process feedstock newly extracted by the Company’s local mining partners. In anticipation of the commissioning of the Boston Processing Plant, the Company’s mining partners are reconditioning the Boston Mine adits (tunnels) and identifying veins of interest for sampling and future mining.
At the Boston mine, historical records and recent local mining indicate four mining levels, targeting a system of steeply dipping northeast-trending veins up to 5 meters thick, with grades up to 77.1 grams per tonne, that are readily accessible for immediate exploitation. As with other concessions in this area, bonanza-type shoots with higher grades may be anticipated.
Newlox plans to operate the mill at Boston capable of processing 150 tonnes per day of material grading +- 15 grams per tonne gold with an anticipated gold recovery of 90%. All feedstock is to be provided by Newlox’s mining partners, with profits to be split evenly between the parties. The Company expects the Boston Project to contribute significantly to Newlox’s near-term growth.
A Message from Ryan Jackson, President & CEO:
“These first outstanding high-grade gold results from grab sampling at the historic Boston Mine support both historical exploration results and confirm mining reports provided by the Company’s local mining partners.
We are encouraged that the easily accessible vein structures within the Boston Mine, which are currently slated for immediate exploitation by the local miners, have returned gold grades in excess of 70 grams per tonne. Although the grab sample results do not necessarily indicate the mineralization in general for the deposit, the findings support historical and current data on the Boson Mine.
Positive sampling results from the Boston Mine are especially timely since construction at the Boston Plant is nearing completion. Like many of the Company’s initiatives in 2021, construction at Boston is behind schedule but is progressing nicely.
This year, we have been frustrated by significant delays due to the pandemic and the associated global supply chain disruptions. The Company has had key members of its management and engineering team affected directly by the COVID-19 virus. Additionally, equipment and consumables were delivered over three months later than expected.
These challenges have led the Company to lose time but not resolve.”
Outlook
Newlox Gold enjoys both a robust treasury, and an experienced technical team which has implemented numerous strategies to overcome supply chain challenges at operations. Our team is completing the ramp-up of Project 1 (our operational tailings remediation project), which is already cash-flow positive and improving each month. The team will complete the construction and commissioning of the Boston Project and will then be positioned to support both our regional growth strategy in Central America, and our new activities in Brazil.
- Published in Mining, Newlox Gold, News Home
Sun Summit Commences Significant Drill Program at Buck; Targets Continuity of High-Grade Gold Mineralization
Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) (“Sun Summit” or the “Company”) is pleased to announce that it has commenced a new phase of drilling at its 100% controlled Buck Property, central British Columbia. Two drill rigs are currently on site, and another rig may be added later, dependent on availability.
Highlights
- Build on high-grade gold discovery: Sun Summit will systematically investigate the structural controls and spatial distribution of high-grade gold intersected in multiple holes in early 2021, stepping out around the Trench Zone area (e.g., 31.6 grams per tonne (g/t) gold over 4.0 metres including 246 g/t gold over 0.5 metres; BK21-020, see SMN news release dated May 11th, 2021).
- Expand footprint of near-surface, bulk tonnage-style gold: Sun Summit will also focus on delineating and expanding the size and trend of bulk tonnage-style gold mineralization intersected in numerous holes in 2020 and early 2021 in the Horseshoe Zone area (e.g., 1.07 g/t gold over 109 metres including 7.17 g/t gold over 5.2 metres; BK21-017, see SMN news release dated May 11th, 2021).
- Over 30 drill holes are planned in this initial phase of drilling: Two diamond drill rigs are on site; one initially focused on the Trench Zone and one initially focused on the Horseshoe Zone.
- Test new targets: Numerous additional targets within and outside of the open-ended, 900 metre by 950 metre mineralized system (see SMN news release dated July 6th, 2021) will also be tested. Holes drilled in these targets will be in addition to the 30 plus holes to be drilled in the Trench and Horseshoe zones.
Bob Willis, Sun Summit’s CEO, stated,
“We are excited to commence this significant phase of drilling at our Buck property. Based on encouraging results from earlier this year we have gained considerable insight into property-scale structural controls on widespread gold and silver mineralization at Buck.”
“This next phase of drilling will test these new structural models by focusing on local controls considered to be important for the distribution of high-grade gold mineralization. We have designed a series of drill holes to systematically test the extent and potential of the Trench and Horseshoe zones. These holes, as well as possible wider step-out holes, could exceed 12,000 metres of drilling. This drill phase is open ended and can be expanded based on ongoing results.”
Drill Program
Over 30 drill holes are planned within a footprint of approximately 600 metres by 300 metres. The drill program has three primary objectives:
1) Investigate the extent and continuity of high-grade gold mineralization characteristic of the Trench Zone. All previous Trench Zone holes (e.g., 31.6 g/t gold over 4.0 metres including 246 g/t gold over 0.5 metres; BK21-020, see SMN news release dated May 11th, 2021) were designed based on results from discovery hole BK20-012 (5.86 g/t gold over 17 metres including 23.05 g/t gold over 3.0 metres; see SMN news release dated January 5th, 2021). Updated modelling has defined broad northwest trends to high-grade gold mineralization within the target area. New drill holes, all with northeast oriented azimuths, are designed to systematically test these trends for continuity of mineralization. Tightly-spaced step-out holes peripheral to areas of known mineralization together with wider-spaced step-out holes along and across trends will be completed. Twenty four drill holes are initially designed for the Trench Zone.
2) Investigate the strike-extent of near surface, bulk-tonnage gold mineralization characteristic of the Horseshoe Zone. All previous holes in the Horseshoe Zone hit near-continuous, broad zones of breccia-hosted and disseminated gold mineralization (e.g., 1.13 g/t gold equivalent over 87 metres within 0.52 g/t gold equivalent over 409 metres; BK21-033; see SMN news release dated July 6th, 2021). The zones are unconstrained, and modelling suggests further drilling is warranted to define the extent of bulk-tonnage mineralization. All new drill holes are designed to test the extent of, and the structural relationship between the two key styles of gold mineralization observed within the Horseshoe Zone, being (1) sphalerite-rich sulfide-cemented hydrothermal ‘mosaic’ breccias (e.g., 1.04 g/t gold over 46 metres including 3.76 g/t gold over 5.7 metres; BK20-006; see SMN news release dated January 5th, 2021) and, (2) disseminated throughout volcanic breccias (e.g., 0.58 g/t gold over 127.2 metres; BK20-001; see SMN news release dated May 12th, 2020). Seven holes are initially planned in the Horseshoe Zone.
3) Investigate the limits of the mineralized hydrothermal footprint. Epithermal-related alteration and mineralization has been intersected in drill holes covering a footprint of approximately 900 metres by 950 metres, including below post-mineralization basalts (see SMN news release dated July 6th, 2021). The true extent of this footprint is unknown. Additional holes are designed to explore for new mineralized centres within, and outside of the known footprint.
Exploration update
Property-wide exploration is ongoing (see SMN news release dated August 4th, 2021). Numerous soil-geochemical grids and long property-scale soil transects have been completed totalling over 2,600 samples. Over 220 systematic rock-chip samples have also been collected from newly identified areas of widespread hydrothermal alteration as well as targets identified from a thorough compilation of all available historic exploration data. Soil and rock samples are currently in the lab and results will be released once all data are received and have been interpreted. Management believes this work will yield additional priority drill targets outside the Trench-Horseshoe area.
Buck Property
The ~33,000 hectare property is located approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration.
National Instrument 43-101 Disclosure
This news release has been approved by Sun Summit’s CEO, Robert D. Willis, P. Eng. a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has also verified the data disclosed, including sampling, analytical and test data, underlying the technical information in this news release.
Community Engagement
Sun Summit is engaging with First Nations on whose territory the Buck Property is located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations as the project continues.
Health and Safety
The Company’s exploration programs are being carried out in full compliance with federal, provincial, and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the Company works.
About Sun Summit
Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.
The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.
Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.
Further details are available at www.sunsummitminerals.com
For further information, contact:
Sharyn Alexander, M.Sc.
VP Technical Services
Nancy Curry
Corporate Communications
Tel. 778-588-9606
- Published in Mining, News Home, San Marco Resources
Granada Gold Closes $1,350,000 Flow-Through and Unit Private Placement
Granada Gold Mine Inc. (TSXV:GGM ) (OTC:GBBFF) (the “Company” or “Granada”) announces that the Company has closed a non-brokered private placement by way of issuing 7,857,143 Quebec flow-through units (“QFT Units”) at a price of $0.14 per QFT Unit raising gross proceeds of $1,100,000. The Company will also be issuing 2,500,000 units (“Units”) at a price of $0.10 per Unit raising gross proceeds $250,000. The Company is raising a total of $1,350,000.
Each QFT Unit is comprised of one flow-through common share of the Company and one half of one share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.20 per share, for a period of two years from closing, subject to TSX Venture Exchange (“Exchange”) approval.
Each Unit is comprised of one common share of the Company and one half of one share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.15 per share, for a period of three years from closing, subject to Exchange approval.
The proceeds of the FT and Unit Private Placement will be used for surface exploration, trenching, and historical resampling of drill core on the Company’s Granada Gold Property in Québec and for general working capital purposes.
GloRes Securities Inc., the lead finder for the financing, was paid $94,500 in cash and 550,000 finder’s warrants. An additional 175,000 finder warrants were also paid. The finder’s warrants are on the same terms as the QFT warrants . The finder’s fees paid in connection with the private placement are subject to Exchange approval.
All securities issued in connection with the private placement will be subject to a four‐month and a day hold period expiring on January 28, 2022 in accordance with applicable Canadian Securities Laws.
About Granada Gold Mine Inc.
Granada Gold Mine Inc. continues to develop the Granada Gold Property near Rouyn-Noranda, Quebec. Approximately 120,000 meters of drilling has been completed to date on the property, focused mainly on the extended LONG Bars zone which trends 2 kilometers east-west over a potential 5.5 kilometers of mineralized structure. The highly prolific Cadillac Break, the source of more than 75 million plus ounces of gold production in the past century, cuts through the north part of the Granada property, but is not necessarily indicative of mineralization hosted on the company’s property.
The Granada Shear Zone and the South Shear Zone contain, based on historical detailed mapping as well as from current and historical drilling, up to twenty-two mineralized structures trending east-west over five and a half kilometers. Three of these structures were mined historically from four shafts and three open pits. Historical underground grades were 8 to 10 grams per tonne gold from two shafts down to 236 m and 498 m with open pit grades from 3.5 to 5 grams per tonne gold.
Updated Mineral Resource
The updated resource at the Company’s Granada Gold project in Rouyn-Noranda, Quebec was estimated by SGS Canada and outlined in a January 29, 2021 news release. The final report was filed March 15, 2021 with an Effective date of December 15, 2020. The 43-101 Technical Report is titled: Granada Gold Project Mineral Resource Estimate Update, Rouyn-Noranda, Quebec, Canada authored by Yann Camus, P.Eng. and Maxime Dupéré, B.Sc, géo. Both of SGS Canada Inc.
Updated Mineral Resource Estimate Base Case with Details Between the Open Pit Portion and the Underground Portion
- 1. Cut-off grades are based on a gold price of US$1,600 per ounce, a foreign exchange rate of US$0.76 for CA$1, a gold recovery of 93%
- 2. Pit constrained mineral resources are reported at a cut-off grade of 0.9 g/t Au within a conceptual pit shell
- 3. Underground mineral resources are reported at a cut-off grade of 3.0 g/t Au within reasonably mineable volumes
The Company is in possession of all mining permits required to commence the initial mining phase, known as the “Rolling Start”, which allows the company to mine up to 550 tonnes per day. Additional information is available at www.granadagoldmine.com .
- Published in Granada Gold Mine, Mining, News Home
Affinor Growers Hires Local Nursery to Supply Commercial Strawberry Seedlings
Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI OTCQB: RSSFF), a sustainable vertical farming company has hired a Fraser Valley, BC nursery for commercial propagation of its first strawberry seedlings. Delivery of the Fragaria Ananassa “Delizzimo” strawberry seeds from the Netherlands (purchased under standard retail licensing) is scheduled for this Friday. Affinor expects seed propagation to begin immediately upon receipt of the seeds, followed by its first commercial strawberry harvest in late November.
There is now a timeline for Affinor’s 15,000 square foot leased greenhouse in Abbotsford BC to begin producing vine ripened, soil grown strawberries ready for store shelves. The company is using external propagation experts for expedited planting and industry leading QA processes. Affinor takes over when the seedlings are ready to be transplanted into pots for fruiting. This anticipated revenue milestone represents the launch of the “Affinor Growers” brand and vertical farming technology.
Affinor Advisory Board Member, Tom Baumann commented: “I’ve been a professor for 30 years at University of Fraser Valley and working in agriculture for 40 years. I’ve seen many vertical farms. This is the simplest, most productive, and sustainable design developed to date. I’m excited to be able to contribute my strawberry expertise toward making Affinor Growers a global leader in sustainable food production.”
CEO Nick Brusatore commented: “This should be the first of many strawberry facilities with Tom Baumann leading the production and SOP protocols. The Affinor management team, consultants and advisors have created an aggressive strawberry scaleup plan, along with a kale, lettuce and cannabis growth plan for turnkey mass production globally.”
About Affinor
Affinor is a publicly traded company listed on the CSE under the symbol “AFI” and on the OTCQB under the symbol “RSSFF”. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits, vegetables, and cannabis in a sustainable manner.
To learn more about Affinor, visit: www.affinorgrowers.com
Renmark Financial Communications Inc.
Joshua Lavers: jlavers@renmarkfinancial.com
Tel: (416) 644-2020 or (212) 812-7680
www.renmarkfinancial.com
Neither the Canadian Secur
- Published in Affinor Growers, News Home
Canbud Enters into Memorandum of Understanding for Psilocybin Producing Mushroom Research and Development
Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) (the “Corporation” or “Canbud“) is pleased to announce that on September 3,2021 it has entered into a memorandum of understanding (the “MOU“) with the College of Agriculture, Science and Education (“CASE“), establishing a business and research and development (“R&D“) relationship between the parties. CASE is a tertiary educational institution located in Port Antonio, Jamaica, with a tripartite mandate of teaching, research, and outreach.
Under the terms of the MOU, Canbud and CASE formed a commercial relationship focused on the research and development of healing practices facilitated by psilocybin producing mushrooms, and the manufacture of consumer products from psilocybin mushrooms for health benefits. The MOU includes, among other things, provisions to reflect the following key agreements and understandings between the parties:
- The term of the MOU commenced on September 3, 2021 and ends on August 22, 2022.
- During the term Canbud will lease its existing mobile commercial facility to CASE at no cost for use in an R&D capacity and for commercial production, based on terms to be agreed separately.
- Canbud will provide to CASE up to $10,000 of funding for a mutually approved R&D program intended to evaluate the potential uses of psilocybin and other psychedelic properties within mushrooms. Any results of these research will be made available to Canbud for its exclusive use.
- If and when CASE commences commercial production, the parties intend to negotiate and enter into a separate agreement, which would provide, among other things, that Canbud would have right of first refusal to acquire any commercial production, and at least 50% of commercial production would be purchased by Canbud on agreed terms. CASE would have the ability to sell any production not purchased by Canbud, with economics to be shared by CASE and Canbud on terms to be agreed by the parties.
- The respective ownership rights to any intellectual property are to be agreed by the parties prior to any commercialization or monetization of these rights.
- CASE would seek to acquire all the necessary research licenses to facilitate the exportation of mushrooms to both Canada and the United States of America once commercial production plans are finalized, subject to applicable laws.
- CASE will manage and operate the research laboratory.
Steve Singh, CEO of Canbud, notes “We are extremely pleased to enter into research partnership with CASE that is intended to help enable Canbud to undertake a scientific approach to understanding the medicinal properties of specific mushrooms and potentially replicate the cultivation of those spores on a commercial scale in the future.”
About Canbud Distribution Corp.
Canbud is a science and technology health and wellness company carrying on business in the plant based, psychedelic pharmaceutical and non-psychedelic nutraceutical, and hemp cannabinoid (CBD) vertical markets.
- Published in Canbud Distribution, News Home
Canada Silver Cobalt Completes Commissioning of Secondary Crushing Circuit at Temiskaming Testing Labs
Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the “Company” or “Canada Silver Cobalt”) is pleased to announce that it has successfully commissioned the secondary crushing and screening circuit at its fully owned TTL (Temiskaming Testing Labs) bulk processing facility located in Cobalt, Ontario using low-grade waste rock.
“The company is now positioned to process mine development rock to recover native silver and produce feed to a planned pilot plant gravity circuit to produce marketable concentrates for evaluation as part of a PEA (preliminary economic assessment). The Company plans to use the secondary crushing and screening circuit during the exploration stage of mine development for metallurgical accounting and grade control by means of a bulk sample to be taken from the proposed planned ramp at the Castle East Robinson Zone. The data and information gathered during the processing of the mine rock may be used to develop a mill process flowsheet,” commented Frank J. Basa, P.Eng.
Crushing and Screening Circuit Highlights:
- – The mine waste rock in this test run was initially processed with a mobile, tracked screening plant with a 125 tonne per hour capacity. This screening plant produces three different product sizes that include greater than 3” (coarse), between 3” and ½” (medium), and less than ½” (fine).- The screened mine waste rock was processed by the mobile screening plant and brought to the TTL facility for further crushing and screening. The facility can accept all three sizes produced by the mobile screening plant. Pre-screening the mine waste rock provides for the increased throughput capacity at the TTL secondary crushing and screening circuit.- The TTL facility has a complete crushing and screening bulk processing plant with a 20 tonne per hour capacity. This facility can produce three different product sizes that include greater than 1/4” (coarse), between 1/4” and 20-mesh (medium), and less than 20 mesh (fine).- The final product of the crushing circuit at TTL will allow the production of marketable gravity concentrates or will be used as pilot plant feed for the Re-20x process, which has produced EV battery and other related battery end-products.
You can find a video showing the mobile screening plant and TTL crushing circuit in action HERE or via the Company’s website at www.canadasilvercobaltworks.com
The Company continues with the planned 60,000-meter drill program at Castle East with 2 diamond drills running and over 43,000 meters completed to date. Environmental studies are ongoing for the ramp for the Castle East Robinson Zone and are slated to be completed in the first quarter 2022.
Qualified Person
The technical information in this news release was prepared under the supervision of Mr. Frank J. Basa, P.Eng., Chief Executive Officer of Canada Silver Cobalt Works Inc., a qualified person in accordance with National Instrument 43-101.
About Canada Silver Cobalt Works Inc.
Canada Silver Cobalt Works Inc. 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. This discovery has the highest silver resource grade in the world, with recent drill intercepts of up to 89,853 grams/tonne silver (2,621 oz/ton Ag). A drill program is underway to expand the size of the deposit with an update to the resource estimate scheduled for the first quarter of 2022.
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. Note that mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate. Report reference: Rachidi, M. 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.
Canada Silver Cobalt’s flagship silver-cobalt Castle mine and 78 sq. km Castle Property feature strong exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned Castle Mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates on site, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox (for the creation of technical-grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations), Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space. More information at www.canadasilvercobaltworks.com .
“Frank J. Basa”
Frank J. Basa, P. Eng.
Chief Executive Officer
For further information, Contact:
Frank J. Basa, P.Eng.
Chief Executive Officer
416-625-2342
- Published in Canada Cobalt Works, Mining, News Home
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