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Canada Silver Cobalt Provides Corporate Update Following Successful $7.5 Million Financing
(TheNewswire) World’s Highest-Grade Silver Resource Estimate i ...
About this update from Nord Precious Metals Mining Inc.
[{"type":"text","content":"Canada Silver Cobalt Provides Corporate Update Following Successful $7.5 Million Financing\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n World’s Highest-Grade Silver\nResource Estimate\n \n \n i\n \n \n s Set\n \n \n f\n \n \n or\n \n \n a\n \n \n n Update\n \n \n i\n \n \n n\nEarly 2022 Along With\n \n \n t\n \n \n he Completion\n \n \n o\n \n \n f\n \n \n t\n \n \n he Fully Funded 60,000m Drill Program\n \n \n a\n \n \n nd Enviro\n \n \n n\n \n \n mental Studies\n \n \n f\n \n \n or\n \n \n t\n \n \n he Future Bulk Sample\n \n \n \n \n Coquitlam, BC –\n \n \n TheNewswire\n-\n \n \n November 1, 2021 - Canada Silver Cobalt Works\nInc.\n \n \n (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B)\n(the \"Company\" or \"Canada Silver Cobalt\") is\npleased to announce that after the successful, fully subscribed $7.5\nmillion financing completed on October 25, 2021, the Company is on\ntrack to achieve key milestones at Castle East during the first\nquarter of 2022.\n \n \n \n \n The Company’s current plans are as follows:\n \n \n \n \n \n \n - Complete the planned 60,000m drill program at Castle\nEast (more than 43,000m have already been drilled).\n \n \n \n \n - Update and increase the world’s highest-grade\nsilver resource, which prior to the drill program, was estimated, in\nMay 2020, at\n \n \n 7.56 million ounces of silver in\ninferred resources at 8,582 grams per tonne Ag un-cut (or 250.2 oz/ton\nAg) and which was based on only the Robinson vein and does not include\nseveral new high-grade silver and cobalt veins discovered and\nannounced during drilling since the estimate was made.\n \n \n \n \n - Complete environmental baseline studies and advanced\nwork towards an exploration permit for a future bulk sample.\n \n \n \n \n - Initiate metallurgical testing for mineral processing\nfor silver production.\n \n \n \n \n - Initiate a preliminary exploration program at the\nrecently acquired gold claims next to Kirkland Lake Gold’s\nhigh-grade Macassa gold mine (see news releases August 3 and August\n30, 2021).\n \n \n \n \n \n \n Matthew Halliday, P. Geo., President of Canada Silver\nCobalt, stated: “We are extremely grateful for the strong investor\nsupport, demonstrated during the financing, for our plans to advance\nthe Castle East project.  We are now in the position to maximize the\npotentia...