Canada Silver Cobalt Works New Gold Property Now Totals 810 Hectares With 610 Hectares Acquisition

Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that it has entered into an Option Agreement to acquire the 610 hectares, known as the “Tinney” property (the “Property”) from a group of highly renowned prospectors ("Claim Holders").

Acquisition Highlights:

 Property lies within the Abitibi Greenstone Belt in the prolific Kirkland Lake district and is located approximately 7 km south-west of the high-grade Macassa Gold Mine currently operated by Kirkland Lake Gold.

 In addition, the 610 hectares included in this acquisition are adjacent to the 200 hectares recently optioned on August 3, 2021, from geologist Doug Robinson and partners. This increases the total area of the land package four-fold to a grand total of 810 hectares.

 The acquisition provides further expansion of the Company’s precious metals portfolio into the well established Kirkland Lake Gold camp located on the prolific Larder Lake-Cadillac Break.

 Select claims have valid exploration permits that will allow a combination of mechanized drilling and/or surface geophysics. A well-organized exploration plan is currently being developed for the 2022 field season which may include geological mapping, the stripping of outcrops, and channel sampling. Results of this field season will dictate the drill program to follow on the property.

 “These new gold properties have our geologists very excited about the 2022 field season. There are multiple geological features that are of extreme interest including three major fault structures: the Larder Lake Cadillac Deformation Zone (also referred to as Break or Fault Zone) 1km to the north, the Amikougami Creek Fault 5km to the east, and over 2km of the Eby-Otto Fault trending north-easterly through the property. The property is permit ready, we just need to put in the work.”

President, Matt Halliday, P.Geo.