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Home » Popular Markets » Equities » Canada Silver Cobalt Works: expectations are high for rich discovery in Quebec

Canada Silver Cobalt Works (TSXV-CCW) has discovered one of the highest grade silver resources in the world, but is getting surprisingly little attention for that. On top of that it is also developing some other interesting sites in the Quebec and Ontario region, in the copper-nickel-cobalt area.

First to the silver: CCW has drilled rich silver veins at its Castle East project of up to 89,853 g/t (equating to 2,621 ounces per ton). It has just completed a 60,000 metre drill program and we are told that a resource update is imminent. This should greatly expand the initial silver estimate, which is based on 7.5m oz grading at 250.2 oz/ton.

 

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Stuart Fieldhouse

Stuart Fieldhouse

Stuart Fieldhouse has spent 25 years in journalism and marketing, including as a wealth management editor for the Financial Times group, covering capital markets and international private banking, and as an investment banking correspondent for Euromoney in Hong Kong. He was the founder editor of The Hedge Fund Journal.

Stuart has worked at CMC Markets, supporting the re-launch of its global financial spread betting and CFD trading platforms. He is also the author of two books on trading, published by Financial Times Pearson. Based in The Armchair Trader’s London office, Stuart continues to advise fund managers, private banks, family offices and other financial institutions.

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