Castle Silver Signs Provisional Milling Agreement: $CSR.V

cobalt

Castle Silver Resources announced today the signing of a provisional milling agreement with Granada Gold Mine Inc., Frank Basa's other junior resource company.  The provisional milling agreement permits the development of a flowsheet for the mill that can equally process the gold-bearing ore from Granada Gold Mine near Rouyn-Noranda in Quebec as well cobalt-silver-bearing mineralization from the advanced Castle Silver Resources' property in Gowganda, Ontario. Agreement Terms The terms of the … [Read more...]

Drills are Turning in Ontario’s Cobalt Camp: $CSR.V

Castle Silver Diamond Drilling

The time has come and the truth machine has arrived. Castle Silver is now drilling their high grade cobalt silver property near Gowganda, Ontario. A 1,700 meter Cavity Monitoring Survey (CMS) has uncovered something interesting to the team, and new information has their drills turning from surface for round 1. For this initial phase they are commencing a 1,500 meter diamond drill program from surface, focused on potential extensions to the significant vein structures on the Castle Silver Mines’ … [Read more...]

One Critically Hot Metal, Cobalt

Cobalt 12 Year Price Chart: Infomine

Cobalt is hard not to love right now and a handful of junior companies have sprung to life in the wake of cobalt’s aggressive two year price run. While ups and downs in the price of cobalt are going to occur, this commodity’s demand is not just a temporary blip on the chart. Investor demand for battery metals is coming from the Electric Vehicle (EV) market, and specifically the battery market. January sales of EV’s this year saw a 70% increase year-over-year, with 159,139 EV’s sold last year in … [Read more...]