Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) has drilled a wide zone massive sulphides in exploration activity at its Graal nickel-copper-cobalt discovery in the Lac St-Jean region of Quebec.
The recent assays results from drill hole NRC-22-24 intersected 13.1 m of combined massive sulphides within a 30-m zone of disseminated and massive sulphides in a new area located five km from the previously reported discovery of massive sulphides.
“The results coming in from the labs for the drill programme at Graal continue to be exciting for our geological team. Almost every drill hole has encountered disseminated to massive sulphides with strong nickel, copper and cobalt mineralisation,” President, COO and VP Exploration, Matt Halliday, said.
“We intend to continue to explore further to determine the full size of this nickel-copper cobalt deposit as it appears to have the potential to become an important supplier of battery metals for the EV market.”
The drilling campaign with 7,772m drilled so far has been paused to allow reception of pending assay data, bore-hole EM data, and the completion of the SQUID Ground Geophysical Survey. The geophysical survey aims to more accurately pinpoint and outline the geophysical conductors as well as identify areas where significant thicknesses are located.
The company previously reported a major discovery of massive sulphides with high-grade nickel, copper and cobalt mineralisation along with platinum and palladium in the northwest corner of the property where an airborne geophysical survey had indicated a sizeable gravity anomaly. The first three drill results reported in this location (NRC-21-02-03-04) showed segments up to 2.08% nickel and 3.75% copper. More assays are pending.
In addition, about 5 km to the southeast, the Company also drilled hole NRC-22-24 in a spot that had not yet been drilled along the 6 km conductor continuity where a previous ground geological survey had indicated a gravity anomaly (see Figure 5 map below).
This drill hole (NRC-22-24) intersected 13.1 m of combined massive sulphides within 30 m of disseminated and massive sulphides between 121.5 – 152.1 m downhole. Drill hole NRC-22-24 was drilled at an azimuth of 115 degrees, dip of -55 degrees, and is located at UTM 386142E, 5521057N.
Mr Halliday said these latest assay results support the previously estimated potential target along the 6 km conductor continuity of near-surface tonnage of 30 to 60 million tonnes at a grade range of 0.60% to 0.80% nickel and 0.30% to 0.50% copper with 0.10% to 0.15% cobalt.
“This estimation does not take into account any potential at depth which is currently being explored.”
For further information please visit: https://canadasilvercobaltworks.com/
