Canada Silver Announces Appointment of New CFO
CANADA SILVER ANNOUNCES APPOINTMENT OF NEW CFO
April 1, 2022, Coquitlam, BC, Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (Frankfurt:
4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that Robert Suttie has been
appointed as Chief Financial Officer of the Company effective today, replacing the Company’s CFO, Mr. Ryan
Webster.
Mr. Suttie currently works with Marrelli Support Services as its President, possessing more than 20 years
of experience, ten of which were in public accounting prior to his tenure with the Marrelli organization. Mr.
Suttie specializes in management advisory services, accounting and the financial disclosure needs of the
Marrelli group's public client base. Mr. Suttie also serves as Chief Financial Officer for a number of other
junior mining and technology companies listed on the TSX-V and CSE, leveraging his skills and experience
to become integral to the reporting issuers.
The Company thanks Mr. Webster for his contributions to the Company and wishes him well in his future
endeavors.
About Canada Silver Cobalt Works Inc. www.canadasilvercobaltworks.com
Canada Silver Cobalt Works Inc. recently discovered a major high-grade silver vein system at Castle East
located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-
class silver-cobalt mining district of Northern Ontario. This discovery has the highest silver resource grade
in the world, with recent drill intercepts of up to 89,853 grams/tonne silver (2,621 oz/ton Ag). A drill
program is underway to expand the size of the deposit with an update to the resource estimate expected by
the end of Q1 2022.
In May 2020, based on a small initial drill program, the Company published the region’s first 43-101
resource estimate that contained a total of 7.56 million ounces of silver in Inferred resources, comprising
very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from
two sections (1A and 1B) of the Castle East Robinson Zone, beginning at a vertical depth of approximately
400 meters. Note that mineral resources that are not mineral reserves do not have demonstrated economic
viability. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate.
Report reference: Rachidi, M. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East,
Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020, and a signature date of July 13,
2020.
CCW also has 35,669 hectares of electric vehicle (EV) battery metals exploration properties (containing
nickel, copper and cobalt) with 15 properties in Quebec and 1 in Northern Ontario. Exploration is underway
at the Graal massive sulphide formation in Northern Quebec. Drill core has been encouraging with initial
XRF results up to 2.79% nickel and 25.68% copper in hole NRC 21 03; lab results are still pending.
Canada Silver Cobalt Works Inc.
3028 Quadra Court
Coquitlam, B.C., V3B 5X6
CanadaSilverCobaltWorks.com
Page 2 of 2
Canada Silver Cobalt’s flagship silver-cobalt Castle mine and 78 sq. km Castle Property feature strong
exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned
Castle Mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich
gravity concentrates on site, a bulk processing facility (TTL Laboratories) in the town of Cobalt, 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 Silver Cobalt is strategically
positioned to become a Canadian leader in the silver and battery metals. More information at
www.canadasilvercobaltworks.com.
“Frank J. Basa”
Frank J. Basa, P. Eng.
Chief Executive Officer
For further information, contact:
Frank J. Basa, P.Eng.
Chief Executive Officer
416-625-2342
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements
This news release may contain forward-looking statements which include, but are not limited to, comments regarding the
Offering and comments that involve other future events and conditions, which are subject to various risks and
uncertainties. Except for statements of historical facts, comments that address the Offering, resource potential, upcoming
work programs, geological interpretations, receipt and security of mineral property titles, future financings, availability
of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and
actual results may vary materially from those statements. No assurance can be given that the Offering will close on the
terms and conditions set out in this news release or at all. General business conditions are factors that could cause actual
results to vary materially from forward-looking statements. A detailed discussion of the risk factors encountered by
Canada Silver Cobalt is available in the Company’s Annual Information Form dated July 19, 2021 for the fiscal year ended
December 31, 2020 available under the Company’s profile on SEDAR at www.sedar.com.