Canada Silver Cobalt Works updates on strategic developments at its Cobalt Camp assets in Ontario

Canada Silver Cobalt Works Inc (CVE:CCW) (OTCMKTS:CCWOF) released an update on its work in the Cobalt Camp in Ontario, where it was the first company to make a major high-grade silver discovery in the past 50 years.

The junior resource company is currently engaged in a 50,000 metre drilling program in the region and recently completed mill flowsheet design for a 600 ton-per-day gravity-flotation mill on the property.

Canada Silver Cobalt Works recently bought the 20,000-square foot Temiskaming Test Labs analytical lab facility to process high-grade silver into bullion and poured a silver bullion bar from the Castle Silver mine.

READ: Canada Silver Cobalt Works hits high-grade silver with drilling at second vein at Robinson Zone project

Other recent developments include:

• An upgrade of both the assay lab and high-grade silver processing circuit in the plant, with trial assays set to start in June
• Conceptual ramp to Robinson high-grade silver zone completed by a mining consultant, with environmental studies to be completed first quarter 2022
• Ongoing bench test work using the Re-2Ox process is proceeding at SGS on secondary feeds consisting of spent Lithium-ion batteries, Nickel-Cadmium batteries, and metal-hydride batteries. SGS has been retained to build the Re-2Ox pilot plant at their laboratory at Lakefield, Ontario

“The company has multiple, ongoing, real-time developments facilitating the ability to make a production decision ahead of the final resource calculation aided by continuous drill programs,” CEO Frank Basa told shareholders in a statement.

“The company is well-poised, with all the key parameters in place, when the decision will be undertaken to pour silver bullion bars and produce battery metals from either primary mine feed or from recycled spent batteries. We have demonstrated that we can find high-grade mineralized vein structures, recover it, process it and produce final end-products for market.”

The Castle property is 15 km east of Aris Gold Corp’s Juby gold deposit, 30 km due south of Alamos Gold’s Young-Davidson mine, 75 km southwest of Kirkland Lake Gold’s Macassa Complex, and 100 km southeast of new gold discoveries in the Timmins West area.

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Story by ProactiveInvestors