CCW has acquired nickel and copper properties to add to its flagship Cobalt, ON property that has been delivering bonanza silver and cobalt intercepts. Bullish Engulfing candle and pickup in accumulation make for a nice chart setup.
---
COQUITLAM, BC, Feb. 16, 2021 /CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce the acquisition of 39,200 hectares of EV properties in Quebec and Ontario. It is Canada Silver Cobalt's intention to transfer the properties, in exchange for shares, to another public company to be identified by the Company, in order to capitalize on the current EV market, and to distribute the shares by way of dividend to Canada Silver Cobalt's shareholders.
These properties have a strong potential to host a variety of base metals including nickel, copper and cobalt. This strategic move is for structural organization purposes to add to our current cobalt mineralization discoveries in the Cobalt Camp and as an expedient approach to the increasing demand for EV battery input materials. Canada Silver Cobalt's main focus will remain on its High-Grade silver discovery at the Robinson Zone with drill core silver grades of 89,000 grams per tonne (January 29, 2021 CCW Press release).
---
COQUITLAM, BC, Feb. 16, 2021 /CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce the acquisition of 39,200 hectares of EV properties in Quebec and Ontario. It is Canada Silver Cobalt's intention to transfer the properties, in exchange for shares, to another public company to be identified by the Company, in order to capitalize on the current EV market, and to distribute the shares by way of dividend to Canada Silver Cobalt's shareholders.
These properties have a strong potential to host a variety of base metals including nickel, copper and cobalt. This strategic move is for structural organization purposes to add to our current cobalt mineralization discoveries in the Cobalt Camp and as an expedient approach to the increasing demand for EV battery input materials. Canada Silver Cobalt's main focus will remain on its High-Grade silver discovery at the Robinson Zone with drill core silver grades of 89,000 grams per tonne (January 29, 2021 CCW Press release).