Fifth new high-grade Silver intersection!
Canada Silver Cobalt hits
New high-grade silver vein discovery
Canada Silver Cobalt Works announce the intersection of a new, additional, high-grade silver vein within 60 metres of the Robinson Zone Discovery hole CA-1108. The Robinson Zone Project is 100-percent owned by the Company, in the 78-square-kilometre Castle Silver Mine property, in Gowganda, Ontario, Canada.
Visually, mineralization in the new vein rivals the discovery intersection of hole. The 18,000 metres drilled in the current 50,000-metre program, represents only 36 percent of this phase of drilling. A total of 28 holes are completed, including 8 wedge holes.
This
new intersection is 53 metres laterally east-southeast and 25 metres vertically
above the original discovery hole (CA-11-08) and further expands the potential
high-grade mineralization target area.
This new, high-grade mineralized intercept is approximately 80 metres below the upper contact of the diabase sill which, in the Gowganda Camp, typically hosts the majority of the silver mined historically.
The new high-grade intersection is an entirely new vein. The intersection is located a mere 60 metres from the discovery intersection of hole CA-11-08 and is located approximately 2 km southeast of the Castle No. 3 mine, and within 2 km of two other past producers.
This new vein and the design of the current drill program offers an excellent opportunity to conduct valuable down hole geophysics and based on the results of a pilot program, we will have a roadmap to focus more effectively on some of the targets we have identified at the Robinson zone.
Matt Halliday, P.Geo-President, commented: “We are very pleased to be disclosing this new vein discovery. This is the type of stellar mineralization we are looking for and to find it so close to the original Robinson vein is very encouraging. We continue to record sound geological information with the aim of strengthening our model and finding more mineralization like this on the existing structures and to search out new ones”.
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