The silver explorer is currently presenting promising news Canada Silver Cobalt Works (TSXV CCW / FWB 4T9B). In fact, with the first phase of a 50,000 meter drill program, the company was able to expand mineralization in the high-grade Robinson Zone, part of the Castle Silver Project, by as much as 500%!
In detail, Canada Silver expanded the target zone of the exploration with these first 9,000 meters of drilling by 135 meters in an east-west direction, by up to 100 meters in a north-south direction and up to 256 meters vertically in depth, which is a 500% expansion of the known zone of mineralization results.
Several new ore veins discovered
The company also discovered four new mineralized veins during these drilling. In drill hole CS-20-28, 75 meters above the original intersection of the Robinson Zone at which Canada Silver encountered an incredible 40,944 g / t silver, an entirely new vein with a silver content of 347 g / t was found at 347 meters discovered at 0.4 meters!
Also optimistic for Canada Silver are the numerous large carbonate veins that have been drilled at depth indicating a distinct “piping system” towards the Robinson Zone and Castle East. The silver mineralization of these additional veins is sufficiently high, according to the Company, to warrant a more focused exploration of this area in search of possible high grade mineralization plates. Mineralization is currently being expanded in the east-west extension of the zone and new veins are being added to the north and south. The deposit model is continuously updated in order to gain new and valuable information on structure and geochemistry.
Possible expansion of the 50,000 meter drill program
With significant progress being made at such an early stage in the drill program, with only 18% of the planned 50,000 meter drill program completed, Canada Silver is already considering expanding the program and investigating the newly identified veins or potential ones Expand the exploration horizon. Two drilling rigs are already in use around the clock, while at the same time the redefinition of the historical evaluations for silver exploration in Gowganda Camp is being carried out.
The top intersection of the vein in hole CS-20-31, pending assay results, is less than 10 meters below the top contact zone at a vertical depth of 336 meters and the original high grade intersection of the vein in hole CA-1108 at 40,944 1,194 ounces / tonne silver over a core length of 0.45 meters with a true thickness of approximately 7 centimeters at a vertical depth of 430 meters. Another deep vein was intersected in hole CS-20-22W3 (again pending assay results). It is the deepest vein to date at a vertical depth of 592 meters. With these recent vein discoveries, the vertical extent of the significant silver mineralization is now 256 meters!
According to Canada Silver, it is also of particular importance that the vein intersections at Castle East are located in both the upper and lower portions of the Nipissing diabase sill, not far from the contact zone with the archaic volcanic rock. Because this increases the potential for a deposit in this area considerably, which also has an impact on the entire camp.
Source: Canada Silver Cobalt Works
In the past, funding activities there primarily took place within the upper half of the diabass threshold. The chances of expanding the Robinson Zone for Canada Silver Cobalt Works have now increased significantly as the potential mineralization horizon is significantly larger than originally anticipated.
Matt Halliday, exploration manager for the company, said, “We are excited about this drill program. We have initiated a large format drilling program and are now realizing the results. We started with one vein in the Robinson Zone and now we have at least four mineralized veins. The probability of finding new high-grade plates has thus increased significantly. We were able to expand the original mineralization horizon. In the literature, it has been mentioned that the upper third and the upper half of the Diabass sill are located within the mineralization horizon. However, we are currently assuming that the entire diabase threshold may be mineralized. “
So it remains exciting, because it looks like Canada Silver Cobalt Works has already laid the foundation for significant further discoveries with the first phase of drilling – and has again demonstrated high-grade silver mineralization. We’re sticking to this extremely exciting, but also risky exploration story!
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