CORE ASSETS CORP - CCOOF STOCK NEWS

Core Assets Corp. (CSE:CC, FSE:5RJ, OTCQB:CCOOF) has provided an update on its 2024 exploration season at the Silver Lime CRD-Skarn-Porphyry Project in British Columbia. The company has completed 3,600 meters of diamond drilling across 10 drill holes in four target areas. Key highlights include:

1. Drilling at the Sulphide City Mo-Cu Porphyry Target intersected widespread quartz-sericite-pyrite alteration with increasing porphyry vein density and Mo-Cu mineralization at depth.

2. New epithermal-style vein occurrences were identified at Pike Valley and Pete's North.

3. Geological mapping revealed four main phases of the Sulphide City Mo-Cu Porphyry and extended the footprint of a unique mafic-to-intermediate intrusion.

4. A new zone of interest with multiple quartz-arsenopyrite veins was discovered 6 km north of the main Sulphide City system.

Assay results from drill core and surface samples are pending.

Core Assets Corp. (CSE:CC)(FSE:5RJ)(OTC.QB:CCOOF) has provided an update on its 2024 drilling program at the Silver Lime CRD-Porphyry Project in British Columbia. Key highlights include:

- 2,014 meters of diamond drilling completed across three locations
- Drill hole SLM24-061 intersected 11.8m of continuous massive sulphide mineralization from surface
- Multiple zones of massive sulphide skarn mineralization encountered in other holes
- Drilling continues with a projected additional 3,000m planned

The company reports significant zinc, copper, and silver mineralization in several drill holes, particularly at the Sulphide City-Whaleback target. Core Assets' CEO Nick Rodway described the 2024 drilling season as 'a huge success' and noted that assays will be released as they become available.

Core Assets announced the results of a 3D Magnetic Vector Inversion Model applied to the Silver Lime CRD-Porphyry Project in British Columbia. The findings reveal that the Sulphide City Mo-Cu Porphyry Stock extends deeper and connects to a larger magnetic body, potentially feeding three additional porphyry stocks. Drillhole SLM22-006 confirmed significant porphyry-style alteration at 471m depth, with high molybdenum and copper grades. Core Assets will commence up to 5,000m of diamond drilling this week, focusing initially on the Sulphide City Mo-Cu Porphyry Stock. The drilling aims to explore the deeper extensions and confirm the presence of high-grade mineralized systems.

Core Assets Corp. provides a comprehensive summary of the 2023 Exploration Program at the Silver Lime CRD-Porphyry Project. The company completed significant diamond drilling, geophysical surveys, and rock sampling, resulting in the discovery of new high-grade zones of Ag-Pb-Zn-Cu massive sulphide mineralization. The exploration work also identified gold-bearing veins, extending the precious metal endowment of the project. The 2023 project-wide surface sampling program revealed high-grade mineralization, and a 3D-DCIP geophysical survey identified new chargeability anomalies. The company also announced the issuance of 6,000,000 stock options to certain directors, officers, and consultants under its stock option plan.

Core Assets Corp. announces 2023 surface sampling results at the Silver Lime CRD-Porphyry Project in British Columbia, showcasing high-grade mineralization. Significant assay highlights include rock samples with up to 11300g/t Ag, 20% Pb, and 14% Zn. The company plans a fully funded exploration season to further enhance the project's polymetallic deposit. Extension of mineralization at various targets like Gally and Jackie CRD, along with the development of 3D structural models and geochronological studies, indicate a promising future for the project.

Core Assets Corp. presents gold assay results from the Silver Lime CRD-Porphyry Project in NW British Columbia. Significant gold grades observed at multiple targets, indicating high-grade skarn and carbonate replacement potential. The company plans a fully funded 2024 exploration program.

Core Assets Corp. presents assay results from the 2023 shallow drilling campaigns at the Jackie and Grizzly CRD targets, part of the Silver Lime Project. The drilling campaigns showed impressive mineralization styles spanning the Porphyry-CRD spectrum and strong evidence for the presence of multiple target metals. The company has been selected to present drill core from the Silver Lime Project at the AME Roundup 2024.

Core Assets Corp. (CSE:CC)(FSE:5RJ)(OTCQB:CCOOF) announced results from the 3D-DCIP geophysical survey at the Silver Lime Carbonate Replacement (CRD)-Porphyry Project in NW British Columbia. The survey identified two large porphyry targets, with significant chargeability anomalies and mineralized intersections. The company plans further exploration and drilling in 2024 to test these significant geophysical anomalies.

Core Assets Corp. (CSE:CC) (FSE:5RJ) (OTCQB:CCOOF) completed an oversubscribed non-brokered private placement offering, issuing 16,392,505 Units and 25,923,752 FT Units, raising $1,967,100.60 and $3,629,325.28 respectively. The Company also announced the resignation of Mr. David Hodge as a director and the appointment of Mr. Josh Vann to the board of directors. The proceeds will be used for general working capital, exploration expenses, and to incur eligible "Canadian exploration expenses" related to the Company's Blue Property in Canada.