Additional High-Grade Silver Intersected at Robinson Zone
BY Canada NewsWire
— 1:00 PM ET 01/22/2021
COQUITLAM, BC, Jan. 22, 2021 /CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (the "Company" or "Canada Silver Cobalt") is pleased to announce visually high-grade silver has been intersected in a wedge hole. Samples have now been shipped to SGS Lakefield for rush analysis.
Highlights
High-grade silver mineralization intersected in wedge hole CS-20-39 W2
CS-20-39 W2 intersection is 5 meters above CS-20-39
Multiple silver-cobalt-mineralized veins intersected
A sample from original hole CS-20-39 is currently at SGS Lakefield laboratory pending assay.
High-grade silver mineralization over 5 - 6 cm true width in hole CS-20-39W2 (CNW Group/Canada Silver Cobalt Works Inc.)
High-grade silver mineralization over 5 – 7 cm true width in hole CS-20-39 – comparable to the average thickness of veins that produced over 70 million ounces from the 3 major past-producers within 2 km of the Robinson Zone. (CNW Group/Canada Silver Cobalt Works Inc.)
A new wedge hole off CS-20-39W2 has intersected visually significant native silver mineralization comparable to the vein observed in hole CS-20-39, confirming the extension of the high-grade silver mineralization in this vein. Vein is open in all directions. Also of note, the previously reported 17-metre vein zone (CCW press release December 29, 2020) has again been intersected with several of the variably mineralized veins widening up in the wedge interval.
Matt Halliday, President commented, "continued success of intersecting high-grade silver mineralization in the area gives us a better understanding of the developing geological model. Numerous other silver-cobalt mineralized veins were also intersected in this wedge hole. With two drills turning and wedging ongoing, the team on the ground continues to efficiently advance on schedule."
"With silver and cobalt mineralization in the same vein structures, Canada Silver Cobalt Works ( CCWOF) is uniquely positioned in the electric vehicle market place," said Frank J. Basa, B.Eng., P.Eng., CEO, "Silver is becoming the new energy metal. Samsung recently revealed in an article that they developed a solid-state electric vehicle battery with 500-mile range and a life cycle of 1000 recharges. That's a vehicle with a battery that lasts 500,000 miles. Better than any other Lithium-ion battery on the market today
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
