8/19/2023 0 Comments Canada silver cobalt works![]() ![]() Major geo-political forces have recently done a 180 and are now going all-in on green initiatives and related technologies. North American governments at all levels are becoming increasingly involved, supporting companies seeking to supply input metals for EV batteries as the push for a green economy continues unabated. ![]() With the race for the discovery of large new deposits of key metals from safe jurisdictions accelerating, prices are reacting with the price of some EV metals such as nickel, copper and cobalt, having been dormant for some time, already moving up over 30% in 2021. The Company will continue to search for additional assets and property acquisitions in the vast areas of Northern Quebec and near the Sudbury nickel basin, so-called because of the massive deposits previously, and recently, discovered in these regions, one of the best areas in the world for nickel, copper, and cobalt discoveries. The Ontario properties are within 25 kilometers of the Sudbury basin where Glencore and Vale have multiple mines and smelters which have been in operation for over 100 years to recover nickel, copper and cobalt metals. The Lowney Lac Edouard South property in Quebec is adjacent to Rio Tinto Mines property. All the properties have surface showings that have been sampled or have massive gravity anomalies. These properties have been acquired and/or staked. Canada Silver Cobalt's main focus will remain on its High-Grade silver discovery at the Robinson Zone with drill core silver grades of 89,000 grams per tonne ( JanuCCW Press release).īouguer gravity target east of Sudbury Basin nickel This strategic move is for structural organization purposes to add to our current cobalt mineralization discoveries in the Cobalt Camp and as an expedient approach to the increasing demand for EV battery input materials. These properties have a strong potential to host a variety of base metals including nickel, copper and cobalt. It is Canada Silver Cobalt's intention to transfer the properties, in exchange for shares, to another public company to be identified by the Company, in order to capitalize on the current EV market, and to distribute the shares by way of dividend to Canada Silver Cobalt's shareholders. (TSXV: CCW) (OTC: CCWOF) ( Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce the acquisition of 39,200 hectares of EV properties in Quebec and Ontario. 16, 2021 /CNW/ - Canada Silver Cobalt Works Inc. ![]()
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