Castle Silver Resources Inc. is a Canada-based junior natural resource company focused on the exploration and redevelopment of its 3,300-hectare Castle Silver Mine Property. The Castle Mine, which produced more than 9.5 million oz of silver and 300,000 lbs cobalt when it operated in the 1900s, is located in the Cobalt Camp in northern Ontario. The mine was one of the highest-grade silver mines in the Camp. It was last operated by Agnico Eagle and closed in 1989 due to low silver prices (US$6/oz). The main focus in the Camp at the time was finding and mining high-grade silver veins. Low-grade silver veins were largely ignored, even if they had high-grade cobalt.
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Castle Silver Resources Inc. (TSXV:CSR) has changed its name to Canada Cobalt Works Inc. (TSXV:CCW) to highlight their growing focus on cobalt. Read more >>