Canada Silver Cobalt Begins Outcrop Stripping, Channel Sampling, and Prepares for Diamond Drilling at its Eby-Otto Gold Property
The Eby-Otto property is located in a prime geological setting with mineralized veins identified at surface, and is proximal to both the Cadillac-Larder Lake Break and an existing high-grade gold mine.
Coquitlam, BC, August 22, 2022 – TheNewswire – Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the “Company” or “Canada Silver Cobalt”) announces that it recently began advancing the field work component of Phase 1 for its exploration plan at the Eby-Otto gold property near Kirkland Lake.
To date, the Company has:
- Identified several key areas for outcrop stripping and channel sampling. All stripping permits are in place. The Company has mobilized the team to begin in areas that have existing access and will expand the extent of the field work as the access trails are created. Channel sampling will take place as the stripping progresses.
- Initiated consultations with Matachewan First Nations. A site visit with the committee is scheduled for August 26.
- Identified and planned the placement of drill trails that will allow access to key locations within the property. The forest and terrain at Eby-Otto is very thick and can be difficult to traverse at times. Creating these trails will allow our team to access these important areas in addition to acting as drill trails once the drilling begins.
- Work has begun preparing the access trails for the upcoming drill campaign later this fall.
The Company has previously outlined the three exploration phases planned for the property:
Phase 1: The first phase will consist of an initial site assessment to determine the logistics of future operations and will provide the Company time to receive any pending surface exploration work permits that will be necessary. Surveying will be completed for key Standard Iron Bars (SIB), legacy claim posts, and access points to refresh select existing cut line grids. An overall geological assessment will be completed based on field work consisting of geological mapping, stripping key outcrops, and possibly further MMI geochemical or targeted and detailed ground geophysics if the technical team deems it necessary. As part of Phase 1, the Company has recently concluded a drone magnetic survey on the entire claim package conducted by EarthEx Geophysical Solutions Inc. The survey was completed at a tight enough line spacing and low enough altitude conducive for identifying smaller structures, such as vein systems, to be resolved and visible.
Phase 2: The second phase of exploration will be based on the results from Phase 1 and will expand to include diamond drilling to intercept specific regional structures based on the initial geophysical data provided by the drone magnetic survey, historic geological data, regional geophysics, geological mapping, and existing electromagnetic (EM) surveys completed by geologist Doug Robinson prior to the Company’s acquisition of the property.
Phase 3: The third phase of exploration will expand on the drilling and field work outlined in Phase 2. Once the 3D inversion of the drone mag survey is received and the data has been interpreted, the technical team will correlate this data with known mineralization that has been identified via field work to better refine the targets, and adjust the exploration accordingly.
The Company now has three option agreements covering 1,000 ha at the Eby-Otto property, and includes approximately 5km of strike length along the Eby-Otto Fault and along a major alteration trend (OGS OFR 6184). The property is within the Kirkland Lake gold district in northeastern Ontario and is located within 5km of Agnico-Eagle’s producing, high-grade Macassa Gold Mine.
Qualified person
The technical information in this news release was prepared under the supervision of Mr. Matthew Halliday, P.Geo., (PGO), President and COO 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. The Company has completed a 60,000m drill program aimed at expanding the size of the deposit with an update to the resource estimate underway.
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.
The Company also has: (1) 14 battery metals properties in Northern Quebec where it has recently completed a nearly 15,000-metre drill program on the Graal property; and (2) the prospective 1,000-hectare Eby-Otto gold property close to Agnico Eagle’s high-grade Macassa Mine near Kirkland Lake, Ontario where it will be exploring in 2022.
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, 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
Canada Silver Cobalt Appoints Gerhard Kiessling as Vice President Exploration
Coquitlam, BC – TheNewswire – August 17, 2022 – Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the “Company” or “Canada Silver Cobalt”) announces the appointment of Gerhard Kiessling, P.Geo., as Vice President Exploration, succeeding Matthew Halliday, P.Geo., who will continue as President and Chief Operating Officer.
Mr. Kiessling joined Canada Silver Cobalt in 2020 as an exploration geologist and was later promoted to Exploration Manager. Prior to that, he gained valuable geological exploration experience working for several companies across Canada including Agnico Eagle, Kirkland Lake Gold, First Cobalt, and McEwen Mining. He graduated from the University of Waterloo in 2016 with a Bachelor of Science (Honors), majoring in Earth Science. Growing up in northern Ontario, he was surrounded by mining for most of his life. He is a practising member of the Professional Geoscientists of Ontario (PGO).
“We welcome Gerhard to a more senior role at Canada Silver Cobalt. His extensive knowledge of the geology of northern Ontario is a major plus for us. In addition to his most recent work at Castle East, he has participated in several exploration projects in the area focused on a variety of metals and geological structures which will be important as we ramp up exploration at the Eby-Otto gold property near the high-grade Macassa Gold Mine just south of Kirkland Lake, Ontario and about 90 kilometers north of our Castle Mine property,” said Matthew Halliday, P.Geo., President and COO.
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. The Company has completed a 60,000m drill program aimed at expanding the size of the deposit with an update to the resource estimate underway.
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.
The Company also has: (1) 14 battery metals properties in Northern Quebec where it has recently completed an almost 15,000-metre drill program on the Graal property and an airborne VTEM geophysical survey is being conducted at it Lowney-Lac Edouard property; and (2) the prospective 1,000-hectare Eby-Otto gold property close to Agnico Eagle’s high-grade Macassa Mine near Kirkland Lake, Ontario where it will be exploring in 2022.
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, 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
SONORO GOLD REPORTS UNDERGROUND CHANNEL SAMPLING PROGRAM AT CERRO CALICHE INCLUDING 2.0 METERS OF 7.863 GRAMS OF GOLD PER TONNE
VANCOUVER, Canada, Aug. 15, 2022 (GLOBE NEWSWIRE) — Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to report results from an underground channel sampling program recently completed at its Cerro Caliche gold project in Sonora, Mexico. The program was conducted as part of the Company’s plan to develop a proposed heap leach mining operation as outlined in an updated Preliminary Economic Assessment dated June 23, 2022.
Figure 1: Channel sampling at south end of Cabeza Blanca
Samples were obtained from a historic underground tunnel at the Cabeza Blanca mineralized gold zone, located in the southwestern part of the property.
An electric rotary handheld saw was used to acquire 34 quality continuous channel samples of vein and breccia material. Saw cuts were approximately four to six centimeters (cm) deep cut perpendicular to the vein trend.
Highlights include 2.0 meters averaging 7.863 grams of gold per tonne (“g/t Au”) across the vein with 3.5 meters averaging 3.071 g/t Au over the five saw cuts along the vein segment.
All reported intervals are true measured widths and all material was surface oxidized with the deepest samples collected approximately 25 to 30 meters beneath the terrain surface.
Results provide important geological data from a 100-meter section situated along the south end of the Cabeza Blanca vein zone as it enters the El Colorado mineralized zone.
The current resource estimate classified this 100-meter section as an inferred resource, but the underground sampling results, together with over 7,200 meters of new drilling data, will be included in an updated resource calculation being completed on the project.
Mel Herdrick, Sonoro’s VP Exploration, commented, “The data is a good example of continuity of gold mineralization which is coincident with the normal vertical and lateral variations we see when drilling.This detailed programalso provided quality and unbiased sampling of the vein and part of the exposed mineralized wall allowinga more complete evaluation of gold mineralized volumes in this area.“
Kenneth MacLeod, Sonoro’s President and CEO, noted, “The underground channel sampling yielded valuable data that we anticipate will augment the data obtained from our recent surface sampling and drilling programs completed in the same area. As previously announced, an updated resource estimate is being prepared and will incorporate all geological data to date.”
John Darch, Sonoro’s Chairman, added, “The positive results from the Cabeza Blanca South tunnel sampling program continue to highlight the intrinsic value of the project and underline theBoard’s ongoing commitment to develop the proposed heap leach mining operation at Cerro Caliche.“
Tunnel Sampling Results
The Cabeza Blanca vein zone has average mineralized widths of up to 29 meters, inclusive of footwall and hanging wall mineralization. Two historic tunnels were developed in the 1950s along the Cabeza Blanca vein, with the northern tunnel continuing approximately 600 meters on a 10 northwestern trend and the southern tunnel continuing approximately 350 meters on a 15 southeastern trend to the El Colorado zone. The southern tunnel splays into two distinct tunnels at the midway point and the sampling program was completed in the eastern splay. The western splay was not sampled.
As illustrated in the image below, sampling occurred in three segments across 90 meters of the tunnel. Segment No. 1 is the southernmost and nearest to the mouth of the tunnel, Segment No. 2 is located about midway and Segment 3 is a raised area at the north end of the tunnel.
Figure 2:Underground tunnel segments and sample cuts
Samples from Segment No. 1 returned the lowest gold grades with the five sample cuts averaging 3.9 meters of 0.401 g/t Au.
Segment No. 2 returned the highest gold grades ranging from 0.624 g/t Au to 7.863 g/t Au, with the five sample cuts averaging 3.5 meters of 3.071 g/t Au. The highest assay value of 7.863 g/t Au was across two meters from a vein-perpendicular saw cut with continuation in the vein hanging wall, including two additional samples with veinlets and a composite 4.6 meters at 4.93 g/t Au.
Segment No. 3 returned gold grades ranging from 0.704 g/t Au to 4.086 g/t Au, with the five sample cuts averaging 1.86 meters of 1.789 g/t Au.
The samples agree with the longitudinal contoured mineralization projections of the zone. A longitudinal plot of the drill intercepts with greater than 0.15 g/t Au is shown below.
Figure 3: Longitudinal section illustrating contoured values
The widths of the intercepts from the drill holes are plotted where the vein is cut and values contoured. This illustrates a near horizontal continuity of mineralization across the length of the Cabeza Blanca vein zone. The near horizontal character of contoured gold intercept values may reflect original boiling horizons as the ground water levels may have varied. This is also supported by the presence of historic workings which were developed in higher grade contoured areas of the vein.
Quality Assurance/Quality Control (“QA/QC“) Measures and Analytical Procedures
Channel samples were generated with an electric rotary handheld saw and chisel, and collected by hand in a catchment tarp below. The bagged samples were numbered and identified, and the site photographed after painting sample numbers on the ceiling. The samples were transported directly to the Bureau Veritis preparation laboratory in Hermosillo, Sonora. At the laboratory, part of each sample is reduced through crushing, splitting and pulverization from which 200 grams is sent to the B.V. gold assay laboratory in Hermosillo. A portion weighing 30 grams undergoes fire assay for gold, with the resulting concentrated button of material produced then dissolved in acids and the gold is determined by atomic absorption. The remaining sample pulp material is sealed in paper bags and retained for additional analysis.
No QA/QC issues were noted with the results received from the laboratory.
Geologic Description
Cerro Caliche is located 45 kilometers east southeast of Magdalena de Kino in the Cucurpe-Sonora Mega-district of Sonora, Mexico. Multiple historic underground mines were developed in the concession, including Cabeza Blanca, Los Cuervos, Japoneses, Las Abejas, Boluditos, El Colorado, Veta de Oro and Espanola. Mineralization types of the Cucurpe-Sonora Mega-district include variants of epithermal low sulfidation veins and related mineralized dikes and associated volcanic domes. Local altered and mineralized felsic dikes cut the mineralized meta-sedimentary rock units and may be associated with mineralization both in the dikes and meta-sedimentary rocks.
Qualified Person Statement
Stephen Kenwood, P.Geo., a Director of Sonoro, is a Qualified Person within the context of National Instrument 43-101 (NI 43-101) and has read and approved this news release. Readers are cautioned that the presence of mineralization on historic mines adjacent to or on Cerro Caliche is not necessarily indicative of economic gold mineralization in the concessions held by the Company.
About Sonoro Gold Corp.
Sonoro Gold Corp. is a publicly listed exploration and development Company holding the near-development-stage Cerro Caliche project and the exploration-stage San Marcial project in Sonora State, Mexico. The Company has highly experienced operational and management teams with proven track records for the discovery and development of natural resource deposits.
On behalf of the Board of Sonoro Gold Corp.
Per: “Kenneth MacLeod“
Kenneth MacLeod
President & CEO
For further information, please contact:
Sonoro Gold Corp. – Tel: (604) 632-1764
Email: info@sonorogold.com
- Published in News Home, Sonoro Gold