Essential metals in renewable energy

in the historic Gowganda mining camp
ONTARIO
Timmins
Essential metals
in renewable energy
QUÉBEC
Rouyn-Noranda
Kirkland Lake
Val-d’or
Gowganda
Cobalt
CASTLE SILVER MINE
COBALT is used in 3 of the 4 main lithium-based
electric car batteries
CANADA
Sudbury
North Bay
SILVER is used in 90% of crystalline silicon
photovoltaic cells in solar panels
OTTAWA
USA
PRODUCTION
»»Located in the heart of the Gowganda, Ontario
mining camp where more than 50 million ounces
of high-grade silver were produced in the 1900s
»»Channel sampling in 2014 exposed a new zone
of significant gold and copper mineralization
> Sampling grade of 2.24 g/t Au over 2.2m
> Copper values as high as 1.03% in bedrock
»»33 sq. km property includes the former Castle Mine
(three shafts) which produced 300,000 lbs of Cobalt
and 9.5 million oz of Silver
»»Underground ore grade averaged 25 oz/ton Ag in
1923-30 and 26 oz/tonne Ag in 1979-89
»»New drilling in 2011 intersected 188.8 oz/t silver
over 3.09m
»»NI 43-101 technical report completed in 2015
(see footnote below)
»»Silver and cobalt typically found in quartz and
calcite veins in Nipissing Diabase
»»Gold and copper typically found in the Archean
Volcanic rock
»»Camp set-up includes structures, water,
diesel power and year-round road access
2011 DRILLING - CASTLE INTERSECTS 188.8 OZ/T AG OVER 3 METRES
A total of 6,842 metres of diamond drilling in 12 holes
at Castle in 2011 intersected numerous significant
intervals including exceptionally high silver grades in
CA11-08 as follows based on total metallics analyses.
Native silver in drill core at Castle Silver Mine
FROM
(m)
TO
(m)
WIDTH
(m)
WIDTH
(feet)
GRADE
(g/t Ag)
GRADE
(oz/t Ag)
CO
(%)
NI
(%)
CA11-08
563.54
566.63
3.09
10.138
6,476
188.8
0.14
0.03
Including
564.34
564.79
0.45
1.476
40,944
1,193.70
0.91
0.12
HOLE
True width unknown at this time.
Source: Takara Resources Inc. Castle Silver Property Gowganda, Ontario, Canada NI 43-101 Technical Report, effective date July 9, 2015, report date August 21, 2015, prepared by Claude
Duplessis, PEO., of GoldMinds Geoservices Inc. and an independent qualified person in accordance with NI 43-101.
TSX-V CSR | OTC PK TAKRF | FRANKFURT 4T9B
TSX-V CSR
OTC PK TAKRF
FRANKFURT 4T9B
www.CastleSilverResources.com
EXPLORATION
»»Induced Polarization (IP) survey currently
Castle Silver Exploration – IP Survey Location
underway to identify drilling targets
»»8 lines, 1.8 km each – covering wide area
surrounding previous high-grade silver
intercepts and gold-copper sampling in
Golden Corridor
»»Work aimed at identifying anomalies typical of
gold and silver mineralization
»»Mobile Metals Ion (MMI) sampling to follow in
order to prioritize IP anomalies
»»Drilling to commence later in 2017
»»Additional metallurgical testing underway of
tailings samples to determine the most effective
method of extracting silver, cobalt and other
metals left from previous mining
LEGEND
Mineralized quartz vein from newly discovered gold-copper zone
Main Shafts
Drill Collar
Drill Direction
2011 IP Lines
Proposed 2016 IP Lines
Licence of Occupation (MLO)
Mining Lease
Unpatented Claims
CASTLE SILVER owns the former Beaver and Violet silver-cobalt mines in historic Cobalt Mining Camp
»»At Beaver, sampling of historical waste rock in 2013 tested:
Timmins
Rouyn-Noranda
Kirkland Lake
Val-d’or
Gowganda
Cobalt
CASTLE SILVER MINE
VIOLET MINE
7.98% Cobalt, 3.98% Nickel, 1246 g/t Silver
»»Metallurgical testing underway of samples from historical waste
rock and tailings – goal is to determine effective recovery of silver
and cobalt left from previous mining
BEAVER MINE
Silver Centre
Sudbury
North Bay
CONTACT INFORMATION
Frank J. Basa, P.Eng President and CEO
[email protected] | 1-819-797-4144
Wayne Cheveldayoff Investor Relations
[email protected] | 1-416-710-2410
Mining Office Castle Silver Resources Inc.
2875 Avenue Granada, Rouyn-Noranda
Québec, Canada J9Y 1J1
www.CastleSilverResources.com
Cobalt rosettes in a quartz-carbonate vein at the Beaver Silver Mine
Cautionary note: This document includes certain “forward-looking” statements within the meaning
of Canadian securities legislation and the United States Private Securities Litigation Reform Act
of 1995. There can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in such statements. Castle
Silver Resources Inc. does not undertake to update any forward-looking statement that is included
herein, except in accordance with applicable securities laws. For details regarding forward-looking
statements and a cautionary note to US investors, see the Company’s corporate presentation and
its recent MD&A at www.castlesilverresources.com.
The contents of this document have been reviewed and approved by Frank Basa, P. Eng., President
and CEO of Castle, a qualified person in accordance with National Instrument 43-101.