Canada Silver Cobalt is dual-focus precious and battery metals company currently focused on developing its exceptional high-grade Castle East silver-cobalt deposit in Northern Ontario and the Graal nickel-copper-cobalt massive sulphides deposit in Northern Quebec. The Castle East deposit has the highest-grade silver resource in the world (current resource 7.5 million oz grading 8,582 g/t Ag or 250.2 oz/ton). Plans are to build a ramp to access the high-grade silver ore and process it into silver dore bars at the company’s TTL ‘mini-mill’ facility. CCW also has the Re-20x processing technology for cobalt and nickel sulphate production for the battery metals industry and a newly acquired early stage Eby-Otto exploration property near Agnico Eagle’s high-grade Macassa Gold Mine near Kirkland Lake, Ontario. The company intends to spin out the Graal property into a separate publicly traded company called Coniagas Battery Metals.
Basa family – 15%
Management Ownership – 18%
Conduct engineering and permitting for a ramp at Castle East, exploration of the Eby-Otto Gold property near Kirkland Lake, and further exploration of the high-grade nickel-copper-cobalt battery metals discovery at the Graal property in N. Quebec
Spinout of Graal property, filing of ramp permit application for Castle East, progress on the Re-2Ox pilot plant, and continuing exploration at Kirkland Lake gold property
Obtaining permits for and financing and beginning construction of the Castle East ramp, preparation of drill targets in the past-producing high-grade silver-cobalt mine, continued evaluation of the Eby-Otto Gold property.
During the Covid pandemic, one challenge has been obtaining government permits for exploration and mine development in a timely fashion. In order to smooth the process, CCW is providing advance data with a draft application for the planned ramp to government well in advance for comment in order to proactively deal with any issues prior to the formal filing of the permit application.
Highest-grade silver-cobalt deposit in the world (potentially lowest production cost)
High-potential battery metals (copper-nickel-cobalt) properties in mining friendly Quebec and prospective gold property near Kirkland Lake, Ontario
Re-2Ox closed-loop extraction technology that can produce cobalt-nickel-copper sulphates meeting industry specs for the EV battery industry in an energy-efficient, environmentally compliant way without any burning/smelting involved.