Nord Precious Metals Mining Inc (CCWOF)

[ThSeeker]

Downhole Geophysics Completed on Visually High-Grade Silver Vein Intersected at Robinson Zone
BY Canada NewsWire
— 11:23 AM ET 01/26/2021

COQUITLAM, BC, Jan. 26, 2021 /CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (the "Company" or "Canada Silver Cobalt") is pleased to announce the completion of a hole-to-hole IP study earlier this month. The study was conducted on the newly discovered, visually high-grade silver vein intersected in hole CS-20-39.

Highlights

Down hole Geophysics was conducted from January 4th -12th 2021.

The holes used for the hole-to-hole pairing contained zones of cobalt and silver veining.

Encouraging results delineated a good response over the 17m mineralized zone.

This study produced testable results that are being investigated by wedge drilling that is now underway. The team is working closely with the geophysicists to interpret results from the initial wedging while a more comprehensive action plan is being developed to delineate new targets in areas where we have already qualified the need for enhanced resolution of existing veins. This initiative will also open up new ground.

A larger geophysical project is also in development that will utilize the Distributed Array System, "DasVision" which will incorporate a bigger geographic area. It is anticipated the study will lead to injecting current in both boreholes and at surface in order to provide better resolution at depth.

Matt Halliday, President commented, "The Company is taking full advantage of new geophysical techniques while maximizing the utility of existing technologies. As the technical team continues to advance and better understand this deposit model, we will have a comprehensive toolbox to facilitate the generation of the best possible targets. New IP techniques will be part of this toolbox that will also include advanced cameras, structural technology including oriented core and directional drilling, and various geochemistry techniques."

Location

The Castle Property is 15 km east of Pan American Silver'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.