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Canada Silver Cobalt Update on Gold Prospecting; Multiple Samples up to 3.2 Grams per Tonne Gold on Surface
Through prospecting, stripping and new geophysics, CCW is finding additional targets for unlockin...
About this update from Nord Precious Metals Mining Inc.
[{"type":"text","content":"Canada Silver Cobalt Update on Gold Prospecting; Multiple Samples up to 3.2 Grams per Tonne Gold on SurfaceThrough prospecting, stripping and new geophysics, CCW is finding additional targets for unlocking mineralization in addition to the known silver and cobalt at the former high-grade Castle Silver MineCoquitlam, British Columbia--(Newsfile Corp. - July 20, 2023) - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the \"Company\" or \"Canada Silver Cobalt\") is pleased to provide an update on its gold prospecting activities in the Miller Lake area at the Castle Mine property. The Company has made significant discoveries in its surface exploration efforts, and the latest findings with multiple samples above 1 gram per tonne (g/t) gold and ranging up to 3.2 g/t gold are highly encouraging at surface.\"We are happy we have these grab samples in a timely manner with a 3-day gold assay turn around from Temiskaming Testing Labs. They are taken systematically over the stripping area and they are very encouraging. We now want to see what we can find in channel samples so we can model some widths and we are excited to see the outcrop mapping to incorporate into our geological database at Castle,\" said Matthew Halliday, P.Geo., President and COO.The discovery of gold at the surface at the past-producing high-grade silver-cobalt Castle Mine is in addition to previously reported results of gold sampling and drill intercepts at the property (see news release July 5, 2023) as well as the discovery of new major silver-cobalt vein structures and the publication of a resource estimate (see details in the About section below). Figure 1To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2093/174257_9fb34a7aa42649aa_001full.jpgDuring the recent stripping process in the Miller Lake area, a section measuring approximately 15 meters by 12 meters at the widest points was examined. The lithology in the area consists of mafic volcanic massive flow with weak chlorite and albite alteration at the extremities. The main part of the area exhibits iron, carbonate, and silicification alteration with rusty gossan. Notably, there is about 1 percent quartz veining present.Across the outcrop, pyrite mineralization is evident, ranging from 1 percent to 2 percent and locally reaching up to 5 percen...