Depends on who you ask.
According to the manufacturer, no.
According to people who have tried it, yes.
Do it with a torch, outside (VERY smoky!), and start out with very small items to learn how to do it.
Make sure the cork clay is completely dry before you cover it with silver in any form, and that the whole lot is completely dry before firing.
I'm actually writing up instructions for torch firing cork clay (well, recommendations) at the moment. They're not finished and I'm travelling until next week, but if you email me then to remind me I can let you know where to find them.