Canada Silver Cobalt Works Inc. is pleased to announce that it has commenced a follow-up drill program at its Graal nickel-copper-cobalt property in the Lac St-Jean region of Quebec. The minimum 5,000m drill program aims at testing the geophysical anomalies characterized by high conductance that were highlighted during a recent FL-TDEM geophysical [...]
Canada Silver Cobalt Works Inc. announces with great sadness the passing of its long-time director Jacques Monette. Jacques has been an integral part of Canada Silver Cobalt since 2008. On behalf of the Board of Directors, management team and employees, we extend our deepest sympathies and condolences to Jacques' family. Jacques was an experienced [...]
Canada Silver Cobalt Works announces that the Annual General Meeting was held today, Wednesday, May 25, 2022 and is pleased to report that all resolutions were approved. Resolutions passed are listed below. 1. The following individuals were re-elected Directors of the Company: Frank J. Basa, Matthew Halliday, Jacques Monette and Dianne Tookenay. 2 [...]
Canada Silver Cobalt Works Inc. is pleased to announce it is planning an airborne VTEM Plus geophysical survey at its Lowney-Lac Edouard property south of the historical Lac Edouard Ni-Cu-Co mine in Central Quebec. The property is of particular interest to the technical team due to several important factors: 1)The significant regional gravity [...]
Canada Silver Cobalt Works Inc. announces 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. The Company has outlined the planned three exploration phases at the property as follows: Phase 1: The first phase will [...]
Canada Silver Cobalt Works announces it has granted stock options to its directors and officers to purchase an aggregate of 550,000 common shares in the capital of the Company. The stock options are exercisable for a term of three years at an exercise price of $0.25 per share. All stock options are granted in accordance with the terms of the [...]
Canada Silver Cobalt Works Inc. announces that has entered into a non-binding letter of Intent dated April 20, 2022 with Power Group Projects Corp. which contemplates a transaction whereby PGP would sell its interest in specific Cobalt area properties , located in Coleman, Bucke and Lorrain Townships in the Larder Lake Mining Division of Ontario to [...]
Canada Silver Cobalt Works Inc. announces that it has revised its purchase and sale agreement to acquire a 10-acre property fronting Highway 11 near Cobalt, that will be used as the central hub for all of the Company's Ontario and Quebec operations for a cash consideration of $400,000. The property houses a 4,000 square-foot, fully serviced [...]
The survey identified a geophysical anomaly 1.7 kilometers long by 850 meters wide characterized by high conductance. Coquitlam, April 19, 2022 - Canada Silver Cobalt Works Inc. is pleased to release the results of its FL-TDEM geophysical survey at its Graal nickel-copper-cobalt property in the Lac St-Jean region of Quebec. The FL-TDEM geophysical [...]
Canada Silver Cobalt Works Inc. announces that it has closed its previously-announced upsized brokered private placement by raising gross proceeds of approximately $6.04 million, including following partial exercise of an agents' option to increase the size of the Offering. At the closing of the Offering, the Company issued 7,468,000 units at a [...]
Canada Silver Cobalt Works Inc. announces that it has agreed with Research Capital Corporation, as sole bookrunner, and together with Canaccord Genuity Corp. as co-lead agents , to increase the size of the previously announced best-efforts basis, private placement offering to $5,500,000 in gross proceeds to the Company. The Offering consists of a [...]
Canada Silver Cobalt Works Inc. is pleased to provide an update on exploration activity at its Graal nickel-copper-cobalt discovery in the Lac St-Jean region of Quebec, including the most recent assays results from drill hole NRC-22-24 which intersected 13.1 meters of combined massive sulphides within a 30-meter zone of disseminated and massive [...]