04:54:50 EDT Thu 22 Oct 2020
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or Name

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Canada Cobalt Works Inc
Symbol CCW
Shares Issued 83,792,227
Close 2019-11-18 C$ 0.42
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Canada Cobalt appoints Halliday VP, exploration

2019-11-18 12:28 ET - News Release

Mr. Frank Basa reports


Canada Cobalt Works Inc. has appointed Matt Halliday, PGeo, as vice-president of exploration of the company, effective mid-December. He joins Canada Cobalt from Kirkland Lake Gold where he has been serving as resource geologist.

"We're delighted to have an individual of Matt's calibre join our team," explained Frank Basa, Canada Cobalt president and chief executive officer. "He and his family reside in Haileybury and he's intimately familiar with the Northern Ontario silver-cobalt camp. He'll be working out of our new headquarters at CCW PolyMet in nearby Cobalt following the acquisition. Matt will be responsible for all aspects of exploration and underground work at the Castle silver-cobalt mine and property, plus Beaver. He will also make important contributions to the business model at the PolyMet lab and processing centre."

A graduate of Dalhousie University in 2007, Mr. Halliday honed his skills for almost eight years with SGS Geostat, known as global leaders in orebody modelling and reserve evaluation. Over the last 12 years he has focused on resource reporting and modelling while also gaining abundant experience with advanced field exploration including major drill programs in Ontario and Quebec.

"I'm really excited to take this position with Canada Cobalt as the company has clearly emerged as the district leader among juniors in exploration, technology and development possibilities at a key point in the metals cycle," stated Mr. Halliday. "At Castle there are multiple initiatives to focus on including a fresh drill program from surface before Christmas as we target a potential new deposit at Castle East within just two kilometres of the three past Gowganda producers. The PolyMet acquisition is icing on the cake as it vertically integrates Canada Cobalt and adds an array of dynamic new opportunities to grow the company."

About Canada Cobalt Works Inc.

Canada Cobalt has 100-per-cent ownership of the Castle mine and the 78-square-kilometre Castle property with strong exploration upside in the prolific past-producing Gowganda high-grade silver camp of Northern Ontario.

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