Canada Silver Cobalt Works Inc. (CSCW) recently announced that it has begun drilling at the Lowney-Lac Edouard Nickel-Copper-Cobalt Project (LLE) in the province of Quebec, Canada. This project is located in the Abitibi Greenstone Belt, one of the most prolific mineral-bearing regions in the world.
The LLE Project covers 3,711 ha and is home to an array of significant surface and near-surface permits. The project encompasses 27 historical mines and a former major producer of nickel, copper and cobalt.
CSCW’s drilling program will target the historic past-producing Lac Edouard Mine. The company intends to drill 20,000 meters in up to 50 boreholes. This program will focus on testing for mineralization in the areas that have never been drilled before.
In addition, CSCW plans to look for extensions of the Lac Edouard Vein system containing significant cobalt mineralization. It also plans to look for new parallel veins and possible higher grade material in the northeast part of the property.
CSCW’s management team believes that this drilling campaign holds immense potential for discovery and additional value from the LLE Project. This project has great exploration and development potential in the short to medium-term.
The company is taking appropriate health and safety precautions, such as social distancing and additional sanitation measures, in order to reduce risk for the public and employees. CSCW is optimistic that this exploration drilling campaign will yield excellent results and contribute to its future successes.
By beginning its exploration of the LLE Project, CSCW is furthering its commitment to unlocking the mineral potential of Canada. The company is confident that this project will contribute to creating a more stable and diversified economic base for the country. This demonstrates CSCW’s commitment to developing a strong, sustainable, and responsible mining industry that benefits not just investors, but all Canadians.