SILVER & COBALT in the historic Cobalt Mining Camp TSX-V CCW | - - PowerPoint PPT Presentation

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SILVER & COBALT in the historic Cobalt Mining Camp TSX-V CCW | - - PowerPoint PPT Presentation

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JUNE 2020 | CORPORATE PRESENTATION Exploration Leader in Northern Ontarios Gowganda Camp SILVER & COBALT in the historic Cobalt Mining Camp TSX-V CCW | OTC CCWOF | FRANKFURT 4T9B TSX-V CCW | OTC CCWOF | FRANKFURT 4T9B Forward-Looking

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TSX-V CCW | OTC CCWOF | FRANKFURT 4T9B

Exploration Leader in Northern Ontario’s Gowganda Camp

TSX-V CCW | OTC CCWOF | FRANKFURT 4T9B JUNE 2020 | CORPORATE PRESENTATION

SILVER & COBALT

in the historic Cobalt Mining Camp

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Forward-Looking Statements

D I S C L A I M E R Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this material. This presentation may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Q U A L I F I E D P E R S O N The technical information in this corporate presentation was prepared under the supervision of Canada Silver Cobalt Works Inc.’s President and CEO, Frank J. Basa, P.Eng., who is a member of Professional Engineers Ontario and is a Qualified Person in accordance with National Instrument 43-101.

2 | www.canadasilvercobaltworks.com

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TSX-V CCW | OTC CCWOF | FRANKFURT 4T9B

Castle Mine Castle East Beaver Mine Violet Mine Cobalt Re-20x Process

FIVE-PROJECT COMPANY

Overview Maiden Inferred Resource May 28, 2020 at Castle East

FIRST EVER NI 43-101 INFERRED RESOURCE IN GOWGANDA CAMP 7.6m oz Ag @ 250 oz/t Ag

Experienced team

WITH DECADES OF EXPERIENCE IN THE GOWGANDA / COBALT CAMP

Consistent stock performance

SINCE 2016

3 |

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  • Main focus on the Castle Mine where many exceptionally high-grade

veins of silver and cobalt with gold and nickel have been discovered.

  • Vertical integration and multiple potential near-term revenue streams

expected through the strategic acquisition of Temiskaming Testing Laboratories Inc., an established lab/mineral processing facility in Cobalt, Ontario.

  • Silver production capability from Castle Mine material demonstrated

through the pouring of silver bars at the facility.

  • Planned processing of mine tailings into silver concentrate – permitting

underway.

  • Proprietary Re-2OX Process has produced cobalt sulphate – exceeding

battery industry specifications – with proven broader revenue potential.

Investment Opportunity

4 | www.canadasilvercobaltworks.com

Vertically Integrated Silver Leader in Canada’s Silver-Cobalt Heartland

Developing three 100%-owned, past-producing, high-grade silver-cobalt mines in northern Ontario

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Gowganda Camp

  • Approx. 600 km north of Toronto.

Pro-mining jurisdiction and the birthplace

  • f Agnico Eagle Mines.

Historical silver production of over 70 million ounces. Unique geology - narrow, high-grade vein systems host to native (visible) silver.

Gowganda Camp

5 | www.canadasilvercobaltworks.com

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Inferred Mineral Resources Ag g/t Co g/t Cu g/t Ni g/t Pb g/t Zn g/t AgEqg/t Tonnes Ag

  • z

AgEq

  • z

Zone 1A 7,960 946 349 790 16 12 8,042 8,100 2,073,000 2,094,200 Zone 1B 8,843 2,308 325 336 30 52 8,998 19,300 5,487,200 5,583,200 Zone 2A 38 5,673 2,101 453 118 108 426 5,500 6,800 75,300 Total Inferred Mineral Resources 7,149 2,537 628 467 41 52 7,325 32,900 7,567,000 7,752,700

Mineral Resource Estimate at Castle East 1

6 | canadasilvercobaltworks.com

First Ever NI 43-101 Inferred Resource in Cobalt | Gowganda Camp

Zone 1A and 1B

Average silver grade 8,582 g/t (250.2 oz/ton) in a combined 27,000 tonnes of

  • material. Total 7,560,200 Inferred oz of silver.

*Mineral resources that are not mineral reserves have not demonstrated economic viability).

(1) Independently prepared by GoldMinds Geoservices Inc. in accordance with National Instrument 43-101 using a cut-off grade of 258 AgEq g/t. See company news release May 28, 2020.

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TOP 30 SILVER RESERVES COMPARED TO CCW’S ROBINSON ZONE RECENT INFERRED RESOURCE

High-Grade Reserves for Silver and Total Silver Equvialent

AVERAGE SILVER EQUIVALENT AND AVERAGE SILVER GRADE RESERVES

  • Avg. Silver grade

in Robinson Zone is

8,582 g/t (250.2 oz/ton)

using cut-off grade of 258 g/t AgEq. CCW INFERRED RESOURCE

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8 | www.canadasilvercobaltworks.com

Castle Mine | Exploration at Castle East

Massive Native Silver Intersected at Robinson Zone Discovery

CS-19-08-W01

Massive native silver in CS-19-08-W01 @~427m vertical depth

CS-19-08-W02

Massive native silver in hairline silver-filled fractures in CS-19-08-W02 @ ~418m vertical depth

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9 | canadasilvercobaltworks.com

Castle Mine | In Perspective, Castle East High-Grade Silver Discovery

O’BRIEN CAPTIAL

Robinson Zone

Hits up to 70,380 g/t Ag (2,053 oz/ton)

  • ver 0.3m within 4m of 7,259 g/t

(212 oz/ton) in CA-19-08-02 (50% - 70% true width).

GRADE + SCALE POTENTIAL

TOTAL VOLUME OF THE DIABASE AT CASTLE EAST ESTIMATED

970 Million – 1.45 Billion cubic meters

Castle

CANADA SILVER COBALT

LOOKING SOUTH

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SLIDE 10

Castle Mine | High-Grade Silver and Cobalt

Castle Mine was one of the highest-grade silver-cobalt mines in the historic Silver-Cobalt Camp in Northern Ontario. 26 oz/ton silver

Average 26 oz/ton silver previously operated by Agnico Eagle 1979-1989. Mines in the silver-cobalt camp Production in the 1900s

Silver: 500 Million oz Cobalt: 30 Million lbs

10 | canadasilvercobaltworks.com

Most significant high-grade silver discovery in the Northern Ontario Silver-Cobalt District in 40 years.

Massive native silver mineralization found during recent drilling in the Robinson Zone 1.5 km east of adit/shafts. Intercepts of as high as 70,380 g/t silver (2,053 oz/ton) – equivalent to 791 g/t gold

  • ver 0.3 m within broader 4 m

core length of 7,259 g/t silver (212 oz/ton). New gold zone southeast of the Robinson Zone with intercepts ranging up to 15.2 g/t gold over 1.0m; also nickel-copper mineralization.

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11 | www.canadasilvercobaltworks.com

Castle Mine Property

“Results from our underground drilling support the interpretation that much was left behind at the Castle Mine, not just cobalt but very high-grade silver.”

Jacques Monette, Director CCW, Career Miner Press Release Feb. 19, 2019

78 km2

Total Claim Zone

Previously-producing

Located NE of Town of Gowganda in the middle of silver-cobalt camp. Close to excellent

Infrastucture

Includes all Three former

Existing Mine Shafts

Castle Mine Shafts#1, #2 and #3 and the adit (near #2 and #3).

First Nations

agreements in place Strong

Exploration Potential

extends 17km northeast.

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12 | www.canadasilvercobaltworks.com

  • Castle has permits to access the mine

through an adit and to drill/sample underground.

  • This has allowed upgrades, fast-tracked

drilling (and testing), and will allow targeted mining sooner.

  • No other company in the Silver-Cobalt Camp

has permitted underground access.

Underground Access at Castle Mine

Castle Mine | Major Advantage/Potential

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Castle Mine | Future Robinson Zone Ramp

WEDGE 1 50,583 gpt Ag over 0.6m (568 gpt AuEq) WEDGE 2 70,380 gpt Ag over 0.3m (791 gpt AuEq)

CS-20-22

(~525m vertical depth) Second Panel of Silver and Cobalt, Assay Pending.

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14 | www.canadasilvercobaltworks.com

Castle Mine | Cross Section Showing Underground Workings at Castle Mine

V I E W L O O K I N G N O R T H

Mining occurred on 11 different levels during the 1900s down to approximately 850 feet (259.1m).

Longitudinal section through Castle No.3 workings

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15 | www.canadasilvercobaltworks.com

Canada Silver Cobalt | Acquisition of Strategic Assets

Canada Silver Cobalt Acquires Lab/Metals Processing Facility1

Acquisition achieves key goal of becoming a vertically integrated leader in Canada’s silver-cobalt heartland.

  • CCW’s subsidiary Temiskaming Testing Laboratories Inc. (TTL) acquired all the

assets of PolyMet Resources Inc. – an ISO certified laboratory and mineral and precious metals processing facility located in the town of Cobalt, a short distance from the company’s Castle and Beaver Mines.

  • The 23,000-sq. foot facility allows for multiple potential revenue streams –

bullion pouring, bulk sampling, commercial assaying and e-waste processing including mixed computer boards processed through the facility’s shredder and ball mill to recover precious and base metals.

  • The facility will become the new headquarters of Canada Silver Cobalt and

will host Canada Silver Cobalt’s proprietary Re-2OX process for environmentally friendly extraction of precious and base metals.

(1) See company news releases Oct. 10 and 24 and Dec. 4, 2019 and Jan. 10, 2020.

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16 | www.canadasilvercobaltworks.com

Canada Silver Cobalt | Pours Silver Bars in Proof of Concept

Silver Bars Poured from Castle Mine Waste Material1

  • Bars were poured at the TTL facility (formerly PolyMet) from a concentrate

produced by a pilot plant processing mineralized waste material at the Castle Mine.

  • This illustrates the potential for significant silver production along with cobalt

at Castle from both surface waste material and tailings as well as underground mining.

  • Castle was one of Agnico Eagle’s highest-grade mines when it was last mined

in the 1980s with ore grades averaging 26 oz/ton Ag (890 grams/tonne Ag).

  • The same waste material was also used to separately recover cobalt and

produce a cobalt sulphate at SGS Lakefield using the company’s proprietary and environmentally friendly Re-2OX Process.

(1) See company news releases October 16, 2019.

CCW poured

3 silver bars totaling 300 oz

in proof of concept test

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17 | canadasilvercobaltworks.com

Experienced Team | Leadership

First company, ever in the Cobalt / Gowganda Camp, to provide a

NI 43-101 silver inferred resource.

Experienced team with over 100 years cumulative experience led by Frank Basa, Doug Robinson and Matt Halliday.

CCW endorses the same strategy as Paul Penna did of Agnico “follow the high-grade vein systems”.

Castle Mine is the only

permitted and active underground asset

in Northern Ontario’s Silver-Cobalt Camp Positive calendar returns in ’17, ’18, ’19 with aggregate

10x share performance

Matt Halliday, VP Exploration (left) is new to the team from Kirkland Lake Gold (45km away). Frank Basa, CEO (Right). Doug Robinson and Frank Basa are P.Eng while Matt Halliday is a P.Geo.

17 | www.canadasilvercobaltworks.com

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Capital Structure | Canada Silver Cobalt

18 | www.canadasilvercobaltworks.com

Shares Outstanding 93,075,655 Warrants*

1,171,011 @ 90c Exp 25/07/20. 1,410,000 @ 50c Exp 06/09/21 1,018,417 @ 50c Exp 23/09/21 4,018,571 @ 55c Exp 14/11/21 91,000 @ 50c Exp 04/12/21

7,708,998 Options*

493,000 @ 5c Exp 13/04/21 300,000 @ 20c Exp 24/05/22 100,000 @20c Exp 29/06/22 320,000 @ 0.18 Exp 12/10/22 2,050,000 @ 30c Exp 05/12/22 550,000 @ 32c Exp 05/06/23 400,000 @ 70c Exp 02/08/23. 100,000 @ 52c Exp 30/08/23 100,000 @ 35c Exp 17/10/24. 1,700,000 @ 30c Exp 13/11/24 950,000 @ 33c Exp 29/11/24. 400,000 @ 45c Exp 05/12/24 50,000 @ 53c Exp 10/01/25. 1,525,000 @ 25c Exp 18/03/25

9,038,000 Fully Diluted *31/03/2020 109,822,653

TSX-V

CCW

OTC CCWOF FRANKFURT 4T9B

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Near-term Plans

Development Goal | Resume Mining at Castle

Continued exploration

to test for silver, cobalt, gold and

  • ther metals in various vein structures

at Level 1 underground at Castle as well as surface drilling and a potential ramp in the Robinson Zone and further surface exploration in the new gold zone 1.5 km east of mine shafts and adit.

Proceed with assaying, bulk sampling and bullion pouring

  • perations at the newly acquired

Temiskaming Testing Labs.

Tailings Program

Test work using gravity separation spiral concentrators towards establishing a mill for the processing of 600 tonnes of tailings per day.

Continued permitting work for the tailings program, a ramp at Castle East, and for constructing a state-of-the-art

600 t/d gravity, flotation, cyanidation mill. Ongoing metallurgical testing using the proprietary Re-2OX process aimed at

producing cobalt, nickel and manganese sulphates for end-buyer evaluation.

19 | www.canadasilvercobaltworks.com

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20 | www.canadasilvercobaltworks.com

TSX-V CCW | OTC CCWOF | FRANKFURT 4T9B M I N I N G O F F I C E Canada Silver Cobalt Works Inc. 2875 Ave. Granada Rouyn-Noranda, QC J9Y 1J1 Office 1 819 797 4144 Fax 1 819 762 2306 F O R M O R E I N F O R M A T I O N Frank J. Basa, P .Eng.

President and CEO

frank@grupomoje.com 1 416 710 2410 canadasilvercobaltworks.com Wayne Cheveldayoff

Corporate Communications

waynecheveldayoff@gmail.com Marc T Bamber

Director (European Marketing)

mb@buffaloassociates.co.uk +44 7725 960939

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21 | canadasilvercobaltworks.com

APPENDIX

21 | www.canadasilvercobaltworks.com

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22 | www.canadasilvercobaltworks.com

First in Camp to produce cobalt sulphate for electric car batteries

Re-2OX | Proprietary Technology

Proprietary metallurgical process (Re-2OX) has been proven in lab tests to produce premium-grade cobalt sulphate – 22.6% cobalt sulphate hexahydrate – exceeds technical specifications of cathode producers in Asia1

  • Environmentally green Re-2OX is highly efficient/effective/scalable and

bypasses expensive smelting process – no other company has this process – patent application to be submitted.

  • Pilot plant at Castle mine site produces gravity concentrates – Recent test

showed grades of 9.25% cobalt, 5.65% nickel, 9,250 g/t silver and 49.9% arsenic.

  • Gravity concentrate processed using Re-2OX process at SGS Lab – achieved

99% recovery of cobalt, silver, nickel, and copper – also removed 99% of arsenic, a long-time issue in this cobalt-rich district.

  • Lab work currently focused on producing a suite of nickel-manganese-cobalt

(NMC) battery grade formulations using an additive approach where necessary.

(1) See company news releases dated May 31 and August 15, 2018.

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23 | www.canadasilvercobaltworks.com

Environmentally friendly plan to recover cobalt, silver, gold and

  • ther metals,

Tailings Initiative

Castle Mine | Tailings Program

  • Environmentally friendly plan to recover cobalt, silver, gold and other metals

from a very prospective, historic tailings area 300 meters from Castle’s #3 Shaft.

  • Newly acquired gravity separation spiral concentrators made by Mineral

Technologies of Australia will operate underground for test work to complete a flow sheet for a pilot plant that can treat a minimum of 600 tones of tailings per day.

  • Stamp Mill coarse tailings from early 20th century mining at Castle will be

processed underground near the #3 Shaft in a wide-open area on the first level.

  • Recent testing at SGS Lakefield produced a 18,486 g/t silver flotation

concentrate from a 459 g/t silver gravity concentrate from tailings – demonstrating that the Castle tailings are amenable to flotation and leaching, enhancing potential recoveries and creating an opportunity for direct shipping precious metal concentrate in addition to a Re-2OX cobalt sulphate.

  • Potential to establish template for profitable tailings cleanup elsewhere in

the Camp.

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24 | www.canadasilvercobaltworks.com

L O O K I N G S O U T H

Castle East Robinson Zone 70,380 gpt Ag

  • ver 0.3m

(791 gpt AuEq)

Castle Mine | 3D View

Historic Castle Mine Over 9M oz Silver and 300k lbs Cobalt Produced in 1900s

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25 | www.canadasilvercobaltworks.com

Castle Mine | Exploration at Castle East