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Canada Silver Announces Effective Date of Name Change to Nord Precious Metals Mining Inc.
Coquitlam, British Columbia--(Newsfile Corp. - January 19, 2024) - Canada Silver Cobalt Works Inc...
About this update from Nord Precious Metals Mining Inc.
[{"type":"text","content":"Canada Silver Announces Effective Date of Name Change to Nord Precious Metals Mining Inc.Coquitlam, British Columbia--(Newsfile Corp. - January 19, 2024) - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the \"Company\" or \"Canada Silver Cobalt\") is pleased to announce that further to its news release dated January 4, 2024, the TSX Venture Exchange has accepted the name change to \"Nord Precious Metals Mining Inc.\".The shares will commence trading under the new name and trading symbol \"NTH\", effective Tuesday, January 23, 2024, at the market open. The Company's new CUSIP number will be 65558V100\". Further to the Company's news release dated December 4, 2023, the Company would like to correct the disclosure regarding the 2,002,503 warrants that expired on June 29, 2023, and were not extended and are not eligible for repricing.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 60,000 m 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 and 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 16,000-metre drill program on the Graal property; and (2) the prospective 1,000-hectare Eby...