Canada Silver Cobalt Works

Canada Silver Cobalt Works Inc. (TSXV: CCW, OTC PK: TAKRF, Frankfurt: 4T9B), owns three former silver-cobalt mines, and is the best-positioned opportunity in Canada's premier Cobalt Camp region of northern Ontario to help serve the increasing demand for value-added cobalt products. At the past-producing, high-grade Castle Mine, CCW has already made new discoveries and recently completed a geological IP survey to determine exploration targets for drilling. In addition, CCW is the only company in the area to have full underground access via an adit – which allows easy entry for extracting bulk samples and exploratory drilling to target new discoveries. Metallurgical testing on surface samples have shown excellent recoveries and concentrate grades for cobalt and silver. CCW recently announced plans to create a suite of cobalt suphate products for potential customers through a unique 100%-owned hydrometallurgical process called “Re-2OX”. Designed for high recoveries of multiple metals and elements from all feeds with varying chemistries, Re-2OX was developed by CEO Frank Basa in conjunction with the National Research Council, which is Canada’s premier scientific research organization. CCW is now carrying out advanced‐stage testing using the Re-2OX process at the SGS Lakefield, Ontario laboratory to evaluate the amenability of the process for efficient recycling of spent lithium‐ion batteries. The Re‐2OX process has taken on fresh importance in light of the increasing demand for cobalt and compelling opportunities in the battery and renewable energy sectors. CCW already has achieved two exceptional discoveries at the Castle property. Exploration in 2011 showed outstanding intercepts of 6,476 g/t silver and 1.44% cobalt. In 2014, a new gold and copper zone was discovered in a corridor that stretches east-west across the property. Recently, samples from surface rocks at the company’s Beaver Mine tested 7.98% cobalt, 3.98% nickel, and 1246 g/t silver.