Shillington Property Reassessed with Historical Grades up to 18.28% Copper over 0.3m and as wide as 0.5% over 12.5m

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Overig advies 14/03/2023 14:41
The Company will plan a future exploration program to define the extent of this potential high-grade copper mineralised area.

The Company has decided to re-assess the value of it’s fully owned Shillington Copper Property north of Castle East, near Gowganda Ontario. The Shillington Copper Property has the potential to become a valuable Copper exploration asset given the current market demand.

The Company had previously acquired the 2190-hectare Shillington Copper Property in 2020 to expand the land package and exploration potential north of Castle East given the geology and controlling structures nearby. The Company completed a ground-truthing and prospecting program in 2021 over a 2 square kilometre area and identified strong mineralization from grab and outcrop samples. The Company will plan a future exploration program to define the extent of this potential high-grade copper mineralised area.

“Significant near-surface copper grades were defined in the limited historical exploration at the Shillington Copper Property. These copper grades can be accepted directly into the Re-2Ox process for final product production. The property is in proximity to our current exploration of the high-grade Castle Silver Mine with easy access by paved road and logging trails.” commented Frank J. Basa, P.Eng., CEO of Canada Silver Cobalt Works.

Table 1: Historical Drill Result Highlights Part 1
Hole ID From (m) To (m) Length (m) Cu (%)
GCSH-05-08 26.00 29.00 3.00 2.16
including 27.40 27.70 0.30 3.58
including 27.70 28.25 0.55 1.68
including 28.25 28.65 0.40 4.40
including 28.65 29.00 0.35 5.56
GCSH-05-08 34.30 35.30 1.00 8.59
including 34.30 34.70 0.40 6.80
including 34.70 35.00 0.30 18.28
including 35.00 35.30 0.30 1.27
GCSH-05-09 50.90 59.00 8.10 0.61*
including 50.90 53.00 2.10 1.97
including 50.90 51.40 0.50 2.65
including 51.40 52.00 0.60 2.68
including 52.00 52.50 0.50 1.21
including 52.50 53.00 0.50 1.19

Table 2: Historical Drill Result Highlights Part 2
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