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Canada Silver Cobalt Works provides update on Graal property in Quebec

News Direct
·1 min read

Vancouver --News Direct-- Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works CEO Frank Basa joined Steve Darling from Proactive with an update on the spin-out of the Graal-Nourricier-Lac Suzanne (Graal) property in Quebec into a company called Coniagas Battery Metals.

The update included new data from its Phase 2 drill program that has shown visual estimates of up to 29.90 meters of massive and semi-massive sulphides near the surface.

Basa told Proactive that the company's board has approved the spin-out, and 37% of the shares of Coniagas will be distributed to the shareholders of Canada Silver Cobalt.

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He also expanded on the strong results from concentrate of Castle Mine Waste rock which revealed 11% cobalt and 4% nickel.

And he said the company has finalized and signed an option agreement to acquire a large lithium-cesium-tantalum pegmatite land package near Power Metals Case Lake Project.

Contact Details

Proactive Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/canada-silver-cobalt-works-provides-update-on-graal-property-in-quebec-736676976