1. Homepage
  2. Equities
  3. Canada
  4. Bourse de Toronto
  5. Canada Silver Cobalt Works Inc.
  6. News
  7. Summary
    CCW   CA1348521024

CANADA SILVER COBALT WORKS INC.

(CCW)
Delayed Bourse de Toronto  -  12:07 2022-07-05 pm EDT
0.1150 CAD   -4.17%
06/27CANADA SILVER COBALT WORKS : Nickel Intersected in Zone of Massive Sulphides at Graal
PU
06/27Canada Silver Cobalt Intersects 0.89 % Nickel EQ over 5.80 Meters in Zone of Massive Sulphides at Graal
NE
06/27Canada Silver Cobalt Intersects 0.89 % Nickel EQ over 5.80 Meters in Zone of Massive Sulphides at Graal
AQ
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Canada Silver Cobalt Begins Exploration at its Eby-Otto Gold Property Near Kirkland Lake

05/10/2022 | 08:33am EDT

Canada Silver Cobalt Works Inc. announced that it has recently completed a drone magnetic geophysical survey and has entered Phase 1 of its 2022 exploration plan for the Eby-Otto gold property near the town of Kirkland Lake. Phase 1; The first phase will consist of an initial site assessment to determine the logistics of future operations and will provide the Company time to receive any pending surface exploration work permits that will be necessary. Surveying will be completed for key Standard Iron Bars (SIB), legacy claim posts, and access points to refresh select existing cut line grids. An overall geological assessment will be completed based on field work consisting of geological mapping, stripping key outcrops, and possibly further MMI geochemical or targeted and detailed ground geophysics if the technical team deems it necessary. As part of Phase 1, the Company has recently concluded a drone magnetic survey on the entire claim package conducted by EarthEx Geophysical Solutions Inc. The DroneMag system they use provides an extremely high-resolution end-product and uses a proprietary automatic obstacle avoidance system which provides a smooth flight path to drape over taller trees and avoid obstacles. This allows the drone to fly as low as possible to achieve the higher possible resolution. It uses a proprietary navigation system that allows for longer range RTK (real-time kinematic) controlled autonomy which results in high quality, clean magnetic imagery. The survey was completed at a 25m line spacing which should allow for smaller structures, such as vein systems, to be resolved and visible. Phase 2; The second phase of exploration will be based on the results from Phase 1 and will expand to include diamond drilling to intercept specific regional structures based on the initial geophysical data provided by thedrone magnetic survey, historic geological data, regional geophysics, geological mapping, and existing electromagnetic (EM) surveys completed by geologist Doug Robinson prior to the Company's acquisition of the property. Phase 3; The third phase of exploration will expand on the drilling and field work outlined in Phase 2. Once the 3D inversion of the drone mag survey is received and the data has been interpreted, the technical team will correlate this data with known mineralization that has been identified via field work to better refine the targets, and adjust the exploration accordingly. The Company now has option agreements on contiguous properties covering 1,000 ha at Eby-Otto and the area, importantly, includes approximately 5km of strike length along the Eby-Otto Fault and along a major alteration trend (OGS OFR 6184). The property is within the Kirkland Lake gold district in northeastern Ontario and is located within 5km of Agnico-Eagle's producing, high-grade Macassa Gold Mine.


© S&P Capital IQ 2022
All news about CANADA SILVER COBALT WORKS INC.
06/27CANADA SILVER COBALT WORKS : Nickel Intersected in Zone of Massive Sulphides at Graal
PU
06/27Canada Silver Cobalt Intersects 0.89 % Nickel EQ over 5.80 Meters in Zone of Massive Su..
NE
06/27Canada Silver Cobalt Intersects 0.89 % Nickel EQ over 5.80 Meters in Zone of Massive Su..
AQ
06/14CANADA SILVER COBALT WORKS : Drilling Resumes at Graal Property in Northern Quebec
PU
06/13Canada Silver Cobalt Works Inc. Resumes Drilling At Its EV Battery Metals Graal Propert..
CI
06/13Canada Silver Cobalt Resumes Drilling at Its EV Battery Metals Graal Property in Northe..
NE
06/13Canada Silver Cobalt Resumes Drilling at its Ev Battery Metals Graal Property in Northe..
AQ
06/07CANADA SILVER COBALT WORKS : Company Announces Passing of Director Jacques Monette
PU
06/06Canada Silver Cobalt Works Inc. Announces Demise of Jacques Monette, Director
CI
06/06CANADA SILVER Announces Passing of Director Jacques Monette
AQ
More news
Financials
Sales 2021 - - -
Net income 2021 -16,4 M -12,6 M -12,6 M
Net cash 2021 5,13 M 3,93 M 3,93 M
P/E ratio 2021 -1,33x
Yield 2021 -
Capitalization 24,3 M 18,9 M 18,6 M
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees -
Free-Float 98,8%
Chart CANADA SILVER COBALT WORKS INC.
Duration : Period :
Canada Silver Cobalt Works Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Frank J. Basa Chief Executive Officer & Director
Matt Halliday President, Chief Operating Officer & Director
Robert D. B. Suttie Chief Financial Officer
Dianne Tookenay Independent Director
Jacques F. Monette Independent Director