Business
Canada Silver Grants Stock Options
(TheNewswire) May 23, 2023 – TheNewswire - Coquitlam, BC, Canada Silver Coba...
About this update from Nord Precious Metals Mining Inc.
[{"type":"text","content":"Canada Silver Grants Stock Options\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n May 23, 2023 –\n \n \n TheNewswire\n-\n \n \n Coquitlam, BC, Canada Silver Cobalt Works Inc.\n \n \n (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the\n\"Company\" or \"Canada Silver Cobalt\")\n \n \n announces it\n \n \n has granted stock options\nto one of its directors to purchase an aggregate of 100,000 common\nshares in the capital of the Company. The stock options are\nexercisable for a term of two years at an exercise price of $0.10 per\nshare.  All stock options are granted in accordance with the terms of\nthe Company’s Stock Option Plan and the policies of the TSX Venture\nExchange and will be subject to a hold period of four months and one\nday from the date of grant.\n \n \n \n \n About Canada Silver Cobalt Works\nInc.\n \n \n \n \n Canada Silver Cobalt Works Inc. recently discovered a\nmajor high-grade silver vein system at Castle East located 1.5 km from\nits 100%-owned, past-producing Castle Mine near Gowganda in the\nprolific and world-class silver-cobalt mining district of Northern\nOntario. The Company has completed a 60,000 m drill program aimed at\nexpanding the size of the deposit with an update to the resource\nestimate underway.\n \n \n \n \n In May 2020, based on a small initial drill program,\nthe Company published the region’s first 43-101 resource estimate\nthat contained a total of 7.56 million ounces of silver in Inferred\nresources, comprising very high-grade silver (8,582 grams per tonne\nun-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections\n(1A and 1B) of the Castle East Robinson Zone, beginning at a vertical\ndepth of approximately 400 meters. Note that mineral resources that\nare not mineral reserves do not have demonstrated economic viability.\nPlease refer to Canada Silver Cobalt Works Press Release May 28, 2020,\nfor the resource estimate. Report reference: Rachidi, M. 2020, NI\n43-101 Technical Report Mineral Resource Estimate for Castle East,\nRobinson Zone, Ontario, Canada, with an effective date of May 28,\n2020, and a signature date of July 13, 2020.\n \n \n \n \n The Company also has: (1) 14 battery metals properties\nin Northern Quebec where it has recently completed an almost\n15,000-metre dri...