Canada Silver Cobalt Provides Update on Environmental Baseline Study

Canada Silver Cobalt Provides Update on

Environmental Baseline Study

COQUITLAM, BC

,

June 11, 2021

/CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC:

CCWOF) (

Frankfurt

: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to report that the

environmental baseline study at Castle East is on track. The company undertook a Gap Analysis late

2020. Canada Silver Cobalt has since initiated an environmental baseline study in February this year.

Highlights:

Phase I, Gap Analysis completed, consisting of initial site recon, planning of phase II and phase

III program

Significant progress with 10 monitoring well installations completed between

April 29

th

and

May

06

th

2021.

Phase II of III commenced on Q1, 2021 to complete environmental baseline study and

permitting. Multiple studies are currently underway.

The completed Gap Analysis has outlined multiple studies required to move the project forward.

Surface and Groundwater studies have begun with 10 monitoring wells having recently been drilled

allowing monthly sampling.

Underway:

Groundwater monitoring is to characterize the amount and chemistry of groundwater around the site,

this will assist in the ramp design process and the design of the water treatment system that will be

required to treat water from underground development.

Surface water study is to establish baseline conditions of the surrounding surface water bodies, and

feeds into the permitting for the industrial sewage work permit.

Aquatic studies are to establish the baseline conditions of the aquatic environment, including fish and

fish habitat, benthic invertebrates, and sediment quality.

Terrestrial studies establish the baseline conditions of the terrestrial environment, checking for

species at risk, ecological communities of conservation concern and significant wetlands.

Hydrology study of the surface water is conducted to establish the flow and hydraulic conditions of

the lakes and creeks. Stations have been set up on

Miller Lake

and surrounding outflow sites to be

monitored monthly.

Coming up:

Hydrogeological and geochemical studies will be commencing in the near future, Hydrogeology

establishes the hydrogeological conditions of the site and will enable the development of a numerical

hydrogeological model to support permitting.

Geochemistry studies are to determine the potential for Acid Rock Drainage (ARD) or metal leaching

allowing the Company to be proactive in determining the best measures to treat the rock.

Matthew Halliday

, P.Geo., VP Exploration and President of Canada Silver Cobalt Works,

commented, "I am pleased to announce the that the environmental permitting and baseline study at

Castle East is well under way. This has been an extremely busy year for Canada Silver Cobalt; not

only have we completed our Maiden Resource in

May 2020

but, since then, have drilled over 35,000

metres of the 60,000-metre program which will contribute significantly to a resource update. By

initiating these activities early, we will ensure that the permitting process will be smoother and

accomplished in a timely manner to take full advantage of this silver cycle. Canada Silver Cobalt

Works is excited to be working with all stakeholders on this important project to become one of

Ontario's

next critical metals producers in a timely, open and responsible manner."

Qualified Person

The technical information in this news release was prepared under the supervision of Mr.

Matthew

Halliday

, P.Geo., (PGO) President and VP Exploration of Canada Silver Cobalt Works Inc., a

qualified person in accordance with National Instrument 43-101.

About Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works released the first-ever resource in the Gowganda Camp and greater

Cobalt Camp in May 2020. 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 Robinson Zone beginning at a vertical depth of approximately

400 meters were identified. The discovery remains open in all directions (mineral resources that are

not mineral reserves do not have demonstrated economic viability) (refer to Canada Silver Cobalt

Works Press Release

May 28

, 2020. 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

).

Canada Silver Cobalt's flagship Castle mine and 78 sq. km Castle Property features strong

exploration upside for silver, cobalt, nickel, gold and copper in the prolific past producing

Gowganda

high-grade Silver District of

Northern Ontario

. With underground access at Castle, a pilot plant to

produce cobalt-rich gravity concentrates on site, 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 nickel-manganese-cobalt (NMC) formulations, Canada

Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space.

"Frank J. Basa"

Frank J. Basa

, P. Eng.

Chief Executive Officer

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. This news release may contain forward-looking statements including but not limited to

comments regarding the timing and content of upcoming work programs, geological interpretations,

receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements

address future events and conditions and therefore, involve inherent risks and uncertainties. Actual

results may differ materially from those currently anticipated in such statements.

SOURCE

Canada Silver Cobalt Works Inc.

View original content:

http://www.newswire.ca/en/releases/archive/June2021/11/c1630.html

%SEDAR: 00022378E

For further information:

Matthew Halliday. P.Geo., President, 514-708-7390

CO: Canada Silver Cobalt Works Inc.

CNW 12:40e 11-JUN-21