Canada Cobalt pours first silver bars – commences phase 2 drilling

October 16, 2019

Canada Cobalt Works


Canada Cobalt Works has announced that in a proof of concept ahead of a significant ramp-up that will begin with the pouring of a 1,000 ounce silver dore bar planned for later this month, they have successfully poured their first silver bars.

At Canada Cobalt’s pilot plant at their Castle mine, they separated leaf silver and created silver gravity concentrate from mineralized Castle waste material. The concentrate and leaf silver were then smelted in the bullion furnace of PolyMet Labs just one hours drive from the Castle mine in the town of Cobalt, to produce three silver bars totalling 300 ounces.Through its proprietary and environmentally friendly Re-2OX Process, and further demonstrating proof of concept, Canada Cobalt also used the same waste material to separately recover cobalt and produce a cobalt sulphate at SGS Lakefield.

The Re-2OX process has been demonstrated in lab to recover 99% of cobalt, silver, nickel and copper, while removing 99% of arsenic, in 1-step leach process; can be used to extract metals from ore, tailings and waste rock without a smelter.

Underground drilling underway.

The company has also announced that their phase 2 underground drill program is now underway at their fully winterized Castle mine. This phase of multi-directional drilling will build on the previous program, which saw numerous high-grade cobalt and silver intercepts throughout the first level, including 13,208 g/t silver (385.2 ounces per ton), 0.67% cobalt and 3.8 g/t gold over half a meter within a broader 5.51-meter core length averaging 2,620 g/t silver (76.4 ounces per ton). Phase 2 drilling has started in this cobalt-silver rich area near the adit entrance where hole CA-18-01 also returned a 7-meter core length averaging 2.3% cobalt, 261 g/t silver and 1.65% nickel. 

About Canada Cobalt Works Inc. 

Canada Cobalt has 100% ownership of the Castle mine and the 78 sq. km Castle Property with strong exploration upside in the prolific past producing Gowganda high-grade Silver Camp of Northern Ontario. With underground access at Castle, a pilot plant to produce cobalt-rich gravity concentrates on site, and a proprietary hydrometallurgical process known as Re-2OX for the creation of technical grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations, Canada Cobalt is strategically positioned to become a vertically integrated North American leader in cobalt extraction and recovery while it also exploits a powerful new silver-gold market cycle. 

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James Hyland, MiningIR