Canada Silver Cobalt Works Inc., earlier known as Castle Silver Resources Inc., is a junior mineral mining company primarily in the identification, evaluation, acquisition, exploration and development of base metals and precious metal properties, mainly cobalt, silver and gold.
Canada Silver Cobalt Works Inc. is a publicly listed company on the TSX Venture Exchange, with its common shares trading under the ticker symbol CCW. In addition to the TSXV, the metal exploration company lists and trades its common shares on the Frankfurt Stock Exchange and the Over the Counter (OTC) Market under the stock symbol 4T9B and CCWOF, respectively.
The Vancouver-based natural resource mining company operates the Castle Property -- its flagship project situated some 85 kilometers northwest of the past-producing Cobalt Silver Mining Camp. The Castle Mine Project consists 19 mineral concessions with 34 leases and two mineral licenses covering a total area of 2,815 hectares. The Castle Project has the potential for cobalt-rich mineralization with high-grade silver, including metal credits like nickel, copper, and gold.
Canada Silver Cobalt Works Inc. signed an assignment agreement with Granada Gold Mine Inc. on October 16, 2015. According to the agreement, the Canada Silver Cobalt has the right to acquire a 100 per cent stake in two properties situated in Coleman Township proximal to Cobalt, Ontario:
• The Beaver Property consists of cobalt, silver, and nickel mineralization and one single patented mineral claim covering a total area of 20 acres.
• The Violet Property is a past-producing project comprising cobalt and silver mineralization.
Canada Silver Cobalt Works Inc. is working vertically to integrate its operations by developing the Re-2Ox, a proprietary hydrometallurgical process to formulate technical grade cobalt sulphate and nickel-manganese-cobalt (NMC) for end-use battery production.
On August 3, 2021, Canada Silver Cobalt Works Inc. signed an Option Agreement dated July 28, 2020, to acquire the Eby-Otto Township Property in the Kirkland Lake District. The Ontario-focused mineral resource exploration company aims to conduct exploration and drilling operations to discover and evaluate prospective mineralization zones for the development and advancement of its projects.