Canada Silver Cobalt Works Inc. announced that it has recently acquired, by online designation, a total of 2,334.95 hectares in 40 claims close to the Company's existing Lowney-Lac Edouard claim block approximately 100 km northwest of Quebec City. The Lac Guay property is approximately 5 km south of the Lowney-Lac Edouard block of claims and is accessible by a well-travelled gravel road dissecting it north to south providing excellent access to potential drill targets. The claims cover a pyrite-rich paragneiss unit of the Montauban group and is represented here by a u-shaped fold hinge.

Historical results from government geological work consist of a 1967 geochemical sample (#1967002210) with 5ppm Nickel and 30 ppm Zinc; a 2013 lake sediment sample (#78535910) from Lac Guay with the following values of interest: 0.17 g/t Ag, 1.3 ppb Au, 4.1 ppm Co, 8.15 ppm Cu, 7.8 ppm Ni, and 70.5 ppm Zn. The Montauban geological formation is also host to the past-producing mines near Montauban-des-Mines approximately 50 km to the south which produced lead and zinc with gold and silver. The total Canada Silver Cobalt land package in Quebec, focussing on Critical and Battery Metals, now stands at 32,185 hectares over 14 properties.

Acquisition began in late 2020 and has been refined and added to by new staking and option agreements over the past 3 years.