Canada Cobalt Works Inc. is pleased to announce that it has added approximately 4,800 hectares to its Castle mine land package, more than doubling the total size from 29.6 sq. km to approximately 78 sq. km. A new map of the Gowganda Camp, showing the holdings of Canada Cobalt and others, will be posted on the Canada Cobalt web site later today. The additional strategic contiguous ground is to the north and northeast. Most [...]
Canada Cobalt Works Inc. is pleased to announce its first revenue stream from Re-2OX, the Company's proprietary and environmentally friendly hydrometallurgical process that bypasses a traditional smelter for efficient extraction of cobalt, precious metals and base metals. In 2018, led by adviser Dr. Ron Molnar and SGS Lakefield, Canada Cobalt became the first company in Canada's Cobalt heartland during the electric [...]
Canada Cobalt Works Inc. is pleased to announce the appointment of Mr. Marc T. Bamber to the Company's Board of Directors, effective immediately. Mr. Bamber, based in London, England, has nearly two decades of successful deal-making experience in the capital markets, with a primary focus on the resource sector, and will use his international connections to help spearhead an aggressive corporate development strategy [...]
Canada Cobalt Works Inc. , a technology leader in the Northern Ontario Cobalt-Silver Camp, is pleased to announce that the Company has made important breakthroughs in its proprietary and environmentally green Re-2OX process for the recovery of cobalt, precious metals and base metals. New Testing Highlights: Further optimization of Re-2OX has enabled SGS Lakefield in Peterborough, Ontario, to recover silver and copper for [...]
Canada Cobalt Works Inc. , a technology leader in the Northern Ontario Cobalt-Silver Camp, is pleased to announce that the Company has added another catalyst to its first half 2019 strategy – a unique and environmentally friendly program with a plan to develop cost-effective near-term recovery of silver and gold mineralization from an historic tailings area approximately 300 meters from the #3 Shaft at the Castle mine [...]
Canada Cobalt Works Inc. announces that the Annual General Meeting was held on Tuesday February 26, 2019 and is pleased to report that all resolutions were approved with over 99% voting in favour in all categories. Resolutions passed are listed below. The following individuals were re-elected Directors of the Company: Frank J. Basa, Jacques F. Monette, Dianne Tookenay, Robert Setter and Annemette Jorgensen. McGovern [...]
Canada Cobalt Works Inc. is pleased to announce that President and CEO Frank J. Basa is scheduled to make a presentation to investors as part of the Corporate Presentation Forum at PDAC 2019 in Toronto. The presentation will be in the Energy Metals and Specialty Products session on Tuesday March 5 at 11:15 am Eastern in Room 803 in the South Building of the Metro Toronto Convention Centre. Mr. Basa's presentation will [...]
Canada Cobalt Works Inc. is pleased to announce that first-pass underground Phase 1 drilling on the first level of the Castle mine near Gowganda, 75 kilometers from Kirkland Lake, has returned multiple high-grade cobalt and silver intercepts at very shallow depths. Drill results have also revealed areas overlooked by historical explorers that show potential to host very high-grade "shoots" of silver and cobalt-silver [...]
Canada Cobalt Works Inc. is pleased to announce that nearly 2,000 meters of drilling in holes CS-18-15 through CS-18-18 has intersected a pyrite-rich Archean gold system in association with newly-discovered fault structures and a strong geophysical signature approximately 1.5 km east of the Castle mine. Drilling of hole CS-18-19 begins during the week of February 18. Notably, intense quartz veining, abundant fine-grained [...]
COQUITLAM, BC, Dec. 14, 2018 /CNW/ - Canada Cobalt Works Inc. is pleased to announce that two widely-spaced drill holes have intersected an apparent syenite hosted gold system with nearby cobalt potential in a previously undrilled area of the Castle Property near Gowganda, a past producing high-grade silver camp approximately 75 kilometers from Kirkland Lake. Meanwhile, underground drilling on the first level of the [...]
Canada Cobalt Works Inc. is pleased to announce that it has secured DTC eligibility by the Depository Trust Company for its shares traded on the OTC Market Group Inc.'s OTCQB Venture Market in the United States, under the symbol "CCWOF" effective November 26, 2018. The DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of publicly traded companies [...]
Canada Cobalt Works Inc. is pleased to announce that underground drilling on the first level of the Castle mine, specifically targeting cobalt for the first time at this historic silver producer, has returned high-grade cobalt, nickel and silver grades. Highlights from the first three drill holes are as follows: 2.28% cobalt, 261 g/t silver and 1.65% nickel over 7.00 meters in hole CA18-001 1.87% cobalt, 4,763 g/t [...]
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