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Frank Basa on restructuring Granada Gold’s project to a high-grade deposit

In a recent InvestorIntel interview, Tracy Weslosky spoke with Frank Basa, President, CEO, and Director of Granada Gold Mine Inc. (TSXV: GGM) about restructuring its Granada gold project to a high-grade deposit.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Mr. Basa said that with the recent release of new resource numbers, Granada Gold has converted the previous low-grade 1 g/t Au open pit to a higher-grade deposit with a combined smaller 2 g/t open pit and a potentially much larger 4 g/t underground. The company intends to continue with its 120,000 meter drill program to significantly upgrade the resource to about 2.5-3 million ounces, the majority of which will be underground at 4 g/t. “4 g/t underground on the Cadillac Break, very few people have that,” said Mr. Basa.

He also commented on the competitive advantages of the Granada gold project’s location on the Cadillac Break. “The majors are showing up. They are looking for companies…If we hit 2.5-3 million ounces…we are looking at ourselves as a takeout target,” said Mr. Basa.

To watch the full interview, click here

About Granada Gold Mine Inc.

Granada Gold Mine Inc. continues to develop the Granada Gold Property near Rouyn-Noranda, Quebec. Approximately 120,000 meters of drilling has been completed to date on the property, focused mainly on the extended LONG Bars zone which trends 2 kilometers east-west over a potential 5.5 kilometers of mineralized structure. The highly prolific Cadillac Break, the source of more than 75 million plus ounces of gold production in the past century, cuts through the north part of the Granada property, but is not necessarily indicative of mineralization hosted on the company’s property.

The Granada Shear Zone and the South Shear Zone contain, based on historical detailed mapping as well as from current and historical drilling, up to twenty-two mineralized structures trending east-west over five and a half kilometers. Three of these structures were mined historically from two shafts and two open pits. Historical underground grades were 8 to 10 grams per tonne gold from two shafts down to 236 m and 498 m with open pit grades from 5 to 3.5 grams per tonne gold.

To learn more about Granada Gold Mine Inc., click here

Disclaimer: Granada Gold Mine Inc. is an advertorial member of InvestorIntel Corp.




Frank Basa on Canada Silver Cobalt’s recent high-grade gold mineralisation and silver vein discovery

In a recent InvestorIntel interview, Tracy Weslosky speaks with Frank Basa, CEO and Director of Canada Silver Cobalt Works Inc (TSXV: CCW | OTCQB: CCWOF), about the announcement of intersecting high-grade gold mineralisation and discovering a new, additional, high-grade silver vein at the Castle property.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Frank reviews Canada Silver Cobalt’s most recent discovery of gold and comments “…we found visible gold. I think nobody else has ever found it in the camp. Silver with the gold will make this deposit quite significant.

In a previous InvestorIntel interview, President & COO Matt Halliday stated that Canada Silver Cobalt has a resource of 7.5 million ounces at over 8000 grams per ton inferred. Commenting on how the new silver vein affects such previous statements, Frank said, “…we have a grade of about 250 ounces per ton in our inferred resource. It is unique, probably the highest grade resource that I am aware of globally.

To watch the full interview, click here

About Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works released the first-ever resource in the Gowganda Camp and greater Cobalt Camp in May 2020. A total of 7.56 million ounces of silver in Inferred resources comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Robinson Zone beginning at a vertical depth of approximately 400 meters. The discovery remains open in all directions (1A and 1B are approximately 800 meters from the east-trending Capitol Mine workings) (mineral resources that are not mineral reserves do not have demonstrated economic viability) (refer to Canada Silver Cobalt Works Press Release May 28, 2020).

Canada Silver Cobalt’s flagship Castle mine and 78 sq. km Castle Property feature strong exploration upside for silver, cobalt, nickel, gold and copper in the prolific, past-producing Gowganda high-grade Silver District of Northern Ontario. With underground access at Castle, a pilot plant to produce cobalt-rich gravity concentrates on site, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2OX for the creation of technical grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations, Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space.

To know more about Canada Silver Cobalt Works Inc., click here

Disclaimer: Canada Silver Cobalt Works Inc. is an advertorial member of InvestorIntel Corp.




Frank Basa on Granada Gold’s key positioning in Quebec’s Cadillac Trend and the 2021 Gold Market

In a recent InvestorIntel interview, Tracy Weslosky speaks with Frank Basa, Director, President and CEO of Granada Gold Mine Inc. (TSXV: GGM) discusses their key positioning in Quebec’s Cadillac Trend, the rising value of gold and how this will translate into the marketplace in 2021.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Frank responds to Tracy’s questions about Matt Bohlsen’s article on why they may be ‘flying under the investment radar’ with, “We are on the Cadillac break, and of course anybody who is on the Cadillac break usually ends up with a multi-million-ounce deposit, which we did get.”

Frank goes on to explain changes that will positively affect the economics for Granada Gold, the impact of the gold market on the M&A market and adds “This is just the beginning of a long bull market for gold, and with our location; our infrastructure – we’re in a great position.” 

To watch the full interview, click here

About Granada Gold Mine Inc.

Granada Gold Mine Inc. is continuing to develop the Granada Gold Property near Rouyn-Noranda, Quebec. The property includes the former Granada gold mine which produced more than 50,000 ounces of gold at 10 grams per tonne gold in the 1930’s before a fire destroyed the surface buildings. Approximately 120,000 meters of drilling has been completed to date on the property, focused mainly on the extended LONG Bars zone which trends 2 kilometers east west over a potential 5.5 kilometers mineralized structure. The highly prolific Cadillac Trend, the source of 50 million plus ounces of gold production in the past century, cuts right through the north part of the Granada property on a line running from Val-d’Or to Rouyn-Noranda Quebec.

The Company is in possession of all permits required to commence the initial mining phase known as the “Rolling Start”, which allows the company to mine up to 550 tonnes per day, capable of producing up to 675,000 tonnes of ore over a 3-year period of time.  Additional information is available at www.granadagoldmine.com.

To learn more about Granada Gold Mine Inc., click here

Disclaimer: Granada Gold Mine Inc. is an advertorial member of InvestorIntel Corp.




Canada Silver Cobalt Works talks about their Castle Property with 7.5 million inferred oz silver

InvestorIntel’s Tracy Weslosky talks with Canada Silver Cobalt Works Inc.’s (TSXV: CCW | OTCQB: CCWOF) CEO Frank Basa and President & COO Matthew Halliday about Canada Silver Cobalt Works’ Castle Property, located 85 kilometres northwest of Ontario’s historic Gowganda Cobalt silver mining camp.

“Since mining started at the camp, grades were known to be exceptionally high,” Frank said. “We’ll mine the asset for silver, and we will produce cobalt, nickel and copper for free. So, we can compete on a global scale.”

“Our new main resource at Gowganda is extremely exciting,” Matthew said. “We are the first company to put a 43-101 compliant in-situ resource in the whole Cobalt camp. We have a resource of 7.5 million ounces at over 8000 grams per ton inferred.” Matthew added, “When you compare to other places in the world, we are 10-20 times higher in grade than most camps in the world.”

To watch the complete interview, click here

Disclaimer: Canada Silver Cobalt Works Inc. is an advertorial member of InvestorIntel Corp.




Frank Basa on the competitive advantages of Granada’s high grade gold mine

“We are on the Cadillac Trend. If there is any address that you should be on in North America or Canada is the Cadillac trend. It is known for producing multi million ounce deposits. Over 140 million ounces have been mined in the immediate area. Any deposit that anybody has ever worked on the Cadillac Trend has found lots of gold, high recoveries, high grades. That’s the norm. Our project is also the same. When it was operated, it was about 9.7 grams per ton…” States Frank Basa, President, CEO and Director of Granada Gold Mine Inc. (TSXV: GGM), in an interview with InvestorIntel’s Tracy Weslosky.

Frank went on to say that Granada Gold is ready to ride the wave of rising gold prices. Frank also said that the company has discovered at-surface mineralized structures with significant visible gold at its Granada Mine. Granada Gold has decided that the local mills would not be able to process this mineralized material without a significant modification of the process flowsheet to recover this amount of visible gold. Granada Gold has appointed Tetra Tech to begin a gap analysis to amend the current Certificate of Authorisation for an on-site mill at Granada Mine.

To access the complete interview, click here

Disclaimer: Granada Gold Mine Inc. is an advertorial member of InvestorIntel Corp.




Frank Basa on intersecting high-grade gold near surface at Granada Gold Property

“The deposit that we have was actually mined as a high-grade mine historically. Was about 10 grams a ton…The previous operator took out 14,500 ounces at 5 grams a ton. We decided to work on that extension going east…We are getting grades like 11-13 grams a ton. We are going to carry out near surface drill program and extend that. The structure is 5.5 km long and we have looked at only 500m of it. We are shovel ready. We have all the permits and we can ship the rock anytime to any mill in Quebec.” States Frank Basa, President, CEO and Director of Granada Gold Mine Inc. (TSXV: GGM), in an interview with InvestorIntel’s Tracy Weslosky.

Frank went on to say that its not normal to have to an open pit mine grading 5 grams a ton as most mines have about 1 gram a ton. He added the mine doesn’t have any overburden. Frank also provided an update on Granada Gold’s latest drill results. He said that the drill results were very good. The company drilled 33 meters of over 10 grams a ton near the surface.

To access the complete interview, click here

Disclaimer: Granada Gold Mine Inc. is an advertorial member of InvestorIntel Corp.




Frank Basa on Canada Cobalt Works’ high grade numbers for cobalt, silver and nickel

“The original hole we drilled was in 2008. Lots of silver, lots of cobalt, lots of nickel. Late last year we decided to put a downhole camera… It gave us the orientation of the structure. We went down the same hole and wedged it and we hit two wedges. One was 50,000 grams per ton silver and the other was 70,000 grams per ton silver plus very high grade numbers for cobalt and very high numbers for nickel.” States Frank Basa, President, CEO and Director of Canada Cobalt Works Inc. (TSXV: CCW | OTCQB: CCWOF), in an interview with InvestorIntel’s Tracy Weslosky.

Frank went on to say that in the small area that Canada Cobalt has drilled the company has hit 1.2 million ounces silver in addition to significant amount of cobalt and nickel. He continued, “Cobalt is the new oil going forward. Without cobalt none of the batteries really work well. People try to replace cobalt, they try to lower cobalt grade, they are putting some nickle, some managanese but the reality is, more cobalt, more range, the better quality vehicle you have.”

To access the complete interview, click here

Disclaimer: Canada Cobalt Works Inc. is an advertorial member of InvestorIntel Corp.




Basa on the disruptive Re-20X cobalt process

“We have a process. It is called Re-2OX. I can take cobalt, any cobalt ore or concentrate, and actually produce cobalt sulfate regardless if you have high arsenic or low values of cobalt. We have shown the world we can do it.” States Frank Basa, President, CEO and Director of Canada Cobalt Works Inc. (TSXV: CCW | OTCQB: CCWOF), in an interview with InvestorIntel’s Tracy Weslosky.

Tracy Weslosky: You are one of the few top 100 stocks I have been following in the last year that has not only maintained, but actually moved up. What do you credit to your success?

Frank Basa: I think we are a resource based stock, but we create what we call a technical. We are telling the world we have a process. It is called Re-2OX. I can take cobalt, any cobalt ore or concentrate, and actually produce a cobalt sulfate regardless if you have high arsenic or low values of cobalt. We have shown the world we can do it.

Tracy Weslosky: We are cleantech. We are technology, but we are also cobalt. Tell us a little bit more about the cobalt because I saw some very good drilling results here this last year.

Frank Basa: Yeah. The reason we have such good drill results we are the only ones in the cobalt camp that went underground. To really find the cobalt you have to go underground. That is why our results look so good. If you also look at it, it is not just the cobalt. We have two spectacular silver assays as well. In reality what we are going to do, we are going to produce the cobalt for nothing and the silver will pay the bills. We are good with the cobalt price. Regardless of where it is we still make money.

Tracy Weslosky: For all of you cannabis investors out there that are gaming, please understand that silver is the number one technology metal. If you could tell us a little bit more about silver, how big your silver deposit is and just kind of give our new audience a little bit of an overview please.

Frank Basa: What we have are very high silver values, which a lot of our investors were surprised at. We normally get like 100, 200, 300 ounces a ton in our core while most people get, let us say, 10, 15, 20 ounces a ton. This is a cobalt camp. The cobalt camp is known for high-grade. In reality the grades we have is actually low-grade. In the history of cobalt camp, it was not unheard of to have 1,000 or 2,000 ounces a ton in the core. We have the best so far. We have about 500 ounces a ton in the core, but even that is really a wonderful grade when you look at it.

Tracy Weslosky: For all of you investors out there that are looking for a conflict-free source of cobalt for the cleantech rising market, could you tell us more?

Frank Basa: First of all, we call ourselves Canada Cobalt Works. Just the wording, Canada Cobalt Works indicates we are conflict-free cobalt. Being in Ontario is very, very nice for us. The people are wonderful. First Nations is wonderful. We are working with the community. What we are trying to do is actually revitalize the camp, provide a service to the community, provide a service globally…to access the complete interview, click here.

Disclaimer: Canada Cobalt Works Inc. is an advertorial member of InvestorIntel Corp.




Canada Cobalt Works’ Basa on processing technology and the real Asian market demand for cobalt

“What we are doing is what we call real time development. We are going for our permits to install a mill on site. Actually we have already sourced the equipment. We are going through the permitting process now. That is the only mill that will be in the cobalt camp. We are also going through a pilot plant scale test work for developing the product that the Asian market has asked us for” States Frank Basa, President, CEO and Director of Canada Cobalt Works Inc. (TSXV: CCW | OTCQB: CCWOF), in an interview with InvestorIntel Corp. CEO Tracy Weslosky.

Tracy Weslosky: Frank, I am really excited to have you here today. We would love to get an update on Canada Cobalt, which I understand is the most advanced cobalt play in Canada. Is that correct? 

Frank Basa: Yes. I think not just in Canada, but I think globally. What we have done here, originially we started just as an exploration play. Then we went to Asia and we spent a bit of time in Japan, a bit of time in China and we came back and we changed our focus. What we are doing is what we call real time development. We are going for our permits to install a mill on site. Actually we have already sourced the equipment. We are going through the permitting process now. That is the only mill that will be in the cobalt camp. We are also going through a pilot plant scale test work for developing the product that the Asian market has asked us, which is basically a cobalt-sulfate originally, now they are asking for a nickel-sulphate, a manganese sulphate and a copper-sulphate. We are also carrying one exploration program. We actually did one step further. We actually went underground. Nobody else is underground, that I am aware of anywhere. We are the only ones that are actually drilling underground. We are actually taking bulk samples, doing a mine development right now underground, permitting for a mill, to install a mill, the only one in the cobalt camp. We are also all over the world listening to everybody what they want as an end product. In other words, we are not producing cobalt. We do have a process and we are using SGS to show the world we can produce cobalt sulphate.

Tracy Weslosky: I am going to step back. For those of you who may be familiar with Canada Cobalt Works, which you just recently got your OTC listing as well. 

Frank Basa: Yes we did.

Tracy Weslosky: You are positioned to become a vertically integrated North American leader in cobalt extraction and recovery. I noticed, speaking of real time, you have a lot of news releases coming out. I am going to have you just back up and explain your competitive advantage of where you are actually located and give us an overview please.

Frank Basa:  See the cobalt camp itself is actually quite large. It is about 180 kilometers in diameter, at one time had over 108 mines operating. We know the camp quite well. I used to work for Agnico Eagle Mines in the camp. At that time we did mine the cobalt veins. We only took the silver out; we threw the cobalt away. At that time we decided, the company decided, let us see if we recover the cobalt, which we did develop a process at that time. It took us 6 years to develop it. At that time that it was made we were targeting actually the cattle industry.  The cattle industry apparently needs cobalt carbonate.  At that time the market was cobalt carbonate and the cattle needed it as part of their feed. Time went forward, silver market crashed. The mines got shutdown. Management changed at Agnico and Agnico, of course, divested out of certain assets and we picked up the two best assets that Agnico had. Then we also started a very simple program…to access the complete interview, click here

Disclaimer: Canada Cobalt Works Inc. is an advertorial member of InvestorIntel Corp.




Canada Cobalt Works’ CEO on the ‘real market’ for cobalt

Frank Basa on how the real market for the cobalt sulfate provider is the cathode market

“We just came back from Europe. We spent some time in Germany. We listened to the end buyers. We are targeting the end buyers. I think drill results are effective, but the reality, what the market wants, what the end buyer wants is cobalt sulfate, nickel sulfate, manganese sulfate, all these products. You have to show them that you can produce those products. You have to meet their technical grades, technical specifications and you have to be very reasonable that what you have you can deliver.” States Frank Basa, President, CEO and Director of Canada Cobalt Works Inc. (TSXV: CCW | OTCQB: CCWOF), in an interview with InvestorIntel Corp. CEO Tracy Weslosky.

Tracy Weslosky: Frank in preparing to talk to you about Canada Cobalt Works I was so impressed with your background. You are a resource industry expert. Let us start with cobalt. The cobalt stocks are currently not performing the way I would think as an investor they should be performing. Can you tell us what is going on with the cobalt industry? 

Frank Basa: Actually we are probably in the same spot like everybody was originally. What we did was we listened to the market. We listened to the people that would be buying our product and we did what we call a technical. We said, look we will show the world we can remove the undesirables from our product and also produce the cobalt sulfate that the market wants. We were actually in China and Japan. We spent 10 days in Asia about a year and a half ago. What you are reading now we already knew about that a year and a half ago. We just came back from Europe. We spent some time in Germany. We listened to the end buyers. We are targeting the end buyers. I think drill results are effective, but the reality, what the market wants, what the end buyer wants is cobalt sulfate, nickel sulfate, manganese sulfate, all these products. You have to show them that you can produce those products. You have to meet their technical grades, technical specifications and you have to be very reasonable that what you have you can deliver.

Tracy Weslosky: Alright. Let us just start for the InvestorIntel audience, we are self-directed accredited investors, can you tell us what cobalt sulfate is? What is the difference? 

Frank Basa: You see a lot of the smelters only produce cobalt metal, but the cathode makers are asking for cobalt sulfate and it is a special thing that they want. They want a certain grade and plus you have to have certain purity or impurities removed from the product. Then they take that product and they blend it either with a nickel sulfate or manganese sulfate or a copper sulfate to make their own specific battery. It is sort of like a recipe. They have their own cookbook. What we have to do is produce these products on specification so they can make their end product for the cathode makers.

Tracy Weslosky: If I hear you correct the real market for the cobalt sulfate provider is the cathode market?

Frank Basa:  Yes. 

Tracy Weslosky: Okay. Tell us about the cathode market. 

Frank Basa: Apparently everybody has been talking, that is what we thought, about battery manufacturers, but the reality was you go to the cathode makers. They are the ones that produce the product for the battery manufacturing people. It is kind of a little more sophisticated. Japan is even far more sophisticated. For example, we met with Nissan to talk to them to get a feel for the cobalt market. The way Nissan works they have to buy from metal trader. The metal trader buys it from somebody, gives it to the cathode maker and then Nissan has a design battery that somebody else makes for them. Then Nissan gets the battery…to access the complete interview, click here

Disclaimer: Canada Cobalt Works Inc. is an advertorial member of InvestorIntel Corp.