Friday, January 10, 2020 4:34:45 PM
GIL comments on the latest results
Well it looks like Canada Cobalt Works (CCW/CCWOF) is onto one hell of a new silver discovery!! Amazingly, hole #2 at the Robinson zone at Castle East trumped hole #1 grades of 1,496 ounces per tonne! These details below should capture a lot of investor attention over the weekend.
It will take time to see how big this ore body is obviously, but this is the hottest new silver discovery on earth right now. Even though the .3m intercepts at such high grades are very mine able in this area, we now have a 4m intercept at over 7,000 gpt, which is very encouraging.
The stocks opens back up in 5 minutes and it should be strong, followed by what should be new highs next week
FRESH ASSAYS SHOW MASSIVE NATIVE SILVER GRADES IN SECOND WEDGE HOLE AT CASTLE EAST DISCOVERY
January 10, 2020 - Canada Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Cobalt") is pleased to announce that assays from the second wedge hole at the Robinson Zone at Castle East, a new grassroots high-grade discovery adjacent to three past producers, have returned 70,380 g/t silver (2,053 oz/ton) over 0.30 meters within a broader zone of 1.4 meters grading 20,136 g/t (587 oz/ton) and 4 meters (core length) of 7,259 g/t (212 oz/ton).
The very high-grade intersection in CA-19-08-02 is approximately 8 meters west of the mineralized zone intersected by the first wedge hole (430 meters vertical depth) and 17 meters west of the original discovery intercept in hole CA-11-08.
Assays for cobalt, nickel and copper from CA-19-08-WO2 are still pending in addition to assays from 28 other samples from this hole. Assays for the full 4.65-meter strongly mineralized interval (core length) from hole CA-19-08-W01 are also still pending (50,583.29 g/t Ag over 0.60 meters within 1.5 meters of 20,741 g/t) in addition to results from 58 samples from the third and fourth wedge holes.
Drilling continues as Canada Cobalt builds out this discovery.
Matt Halliday, Canada Cobalt VP-Exploration, commented, “These are truly exceptional grades from the first two holes and ‘hits’ that typically do not occur in isolation in this kind of geological setting. We look forward to providing another update for shareholders in the near future.”
Gold Investment Letter
Sincerely,
Eric Muschinski
Gold Investment Letter
eric@phenom.ventures
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
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