Crown 1 Property
The Crown 1 property covers a stream from which a sample registering 173ppm cobalt was taken, the 9th highest value of more than 64,000 stream/mossmat samples in the British Columbia Regoinal Geochemstry Surveys database (surveys from 1976 to the present).
This cobalt value is accompanied by an extremely anomalous levels of manganese, 43,500ppm, the 6th highest in the BC Regional Geochemistry database. Cobalt is often associated with manganese as Co is known to partially substitute for Mn in various minerals. Deep seabed nodules containing large amounts of cobalt and manganese are known to occur at many locations throughout the ocean floors but are not yet commercially extractable. Coblalt-manganese oxide minerals such as asbolite occur in Australia, Africa and other parts of the world.
Silver Grail plans follow-up geochemical sampling, prospecting and geological mapping on the Crown 1 in 2018, in an attempt to ascertain the source of the geochemical anomaly.