Canada Silver Cobal T Files Updated 43-101 Technical Report ON Its Graal Nickel & Copper Project
CANADA SILVER COBAL T FILES UPDATED 43-101 TECHNICAL
REPORT ON ITS GRAAL NICKEL & COPPER PROJECT
Coquitlam, BC, May 1, 2023 - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B)
(the “Company” or “Canada Silver Cobalt”) announces that it has filed an updated National Instrument 43-
101 - Standards of Disclosure for Mineral Projects (“NI 43-101”) compliant technical report dated April 6,
2023 on SEDAR for its Graal Nickel & Copper Project, Saguenay-Lac-St-Jean, Québec, Canada. The updated
report was prepared by Claude Duplessis P.Eng. GoldMinds Geoservices Inc. QP and Hugues Guérin
Tremblay P.Geo. Laurentia Exploration Inc. QP. The report updates the NI 43-101 report dated July 4, 2022
prepared by Claude Duplessis P.Eng. GoldMinds Geoservices Inc. QP, Hugues Guérin Tremblay P.Geo.
Laurentia Exploration Inc. QP and Alizée Liénard, P. Geo. Laurentia Exploration Inc. The updated NI 43-101
report recommends a work program in an amount of $500,000 on the Graal project, including a diamond
drilling program for 2,000 metres.
The updated technical report is available under the Company’s profile on SEDAR at www.sedar.com and on
the Company’s website.
About Canada Silver Cobalt Works Inc.
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. The Company has completed a 60,000 m drill
program aimed at expanding the size of the deposit with an update to the resource estimate underway.
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.
The Company also has: (1) 14 battery metals properties in Northern Quebec where it has recently
completed an almost 15,000-metre drill program on the Graal property and an airborne VTEM geophysical
survey is being conducted at its Lowney-Lac Edouard property; and (2) the prospective 1,000-hectare Eby-
Otto gold property close to Agnico Eagle’s high-grade Macassa Mine near Kirkland Lake, Ontario where it is
exploring in 2022.
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, a 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
Canada Silver Cobalt Works Inc.
3028 Quadra Court
Coquitlam, B.C., V3B 5X6
CanadaSilverCobaltWorks.com
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nickel-manganese-cobalt (NMC) formulations), Canada Silver Cobalt is strategically positioned to become a
Canadian leader in the silver-cobalt space. 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.