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About Core Assets Corp. (CCOOF): A Transformative Force in Mineral Exploration
Core Assets Corp. (CSE: CC, OTCQB: CCOOF, FSE: 5RJ) is a Canadian mineral exploration company dedicated to uncovering and developing high-potential mineral projects in British Columbia, Canada. The company’s flagship property, the Blue Property, spans an impressive 114,074 hectares in the Atlin Mining District, a historically underexplored region known for its rich geological potential. Core Assets is at the forefront of leveraging modern exploration techniques to unlock the value of polymetallic deposits, including copper (Cu), molybdenum (Mo), zinc (Zn), lead (Pb), silver (Ag), and gold (Au).
Flagship Projects: Silver Lime CRD-Porphyry Project and Laverdiere Copper Project
The Silver Lime CRD-Porphyry Project is a cornerstone of Core Assets’ exploration efforts. This project represents a district-scale mineral system, hosting a continuum of mineralization styles, from porphyry Mo-Cu systems to Fe-Zn-Cu-Ag carbonate replacement deposits (CRD) and skarn mineralization. The Silver Lime Project spans a 9.5 x 10 km mineralized footprint and features multiple high-grade targets, including Sulphide City, Pete’s, Gally, Jackie, and Falcon. The project’s strategic location within the Florence Range Metamorphic Suite allows Core Assets to explore a diverse range of geological formations, unlocking significant resource potential.
The Laverdiere Copper Project, situated on the eastern edge of the Blue Property, is another critical asset. This early-stage Cu-Mo-Ag-Au porphyry-skarn target is characterized by high-grade copper mineralization and a 5 x 8 km mineralized corridor. Historic drilling and recent exploration have identified significant porphyry-style mineralization, with the potential for large-scale resource expansion. The project’s proximity to the Llewellyn Fault Zone, a regional metal-endowed structure, enhances its geological significance.
Strategic Approach and Competitive Advantage
Core Assets employs a data-driven exploration model, integrating advanced geophysical surveys, geological mapping, and diamond drilling to delineate mineral-rich zones. The company’s focus on underexplored regions, such as the Atlin Mining District, positions it to capitalize on opportunities overlooked by previous exploration campaigns. By targeting polymetallic systems that span the full mineralization spectrum, Core Assets aims to deliver significant value to stakeholders while contributing to the global supply of critical and precious metals.
Commitment to Sustainability and Community Engagement
Operating within the unceded territory of the Taku River Tlingit First Nation and the Carcross/Tagish First Nation, Core Assets is committed to responsible exploration practices. The company prioritizes environmental stewardship, community engagement, and collaboration with local stakeholders to ensure sustainable development. These efforts align with its vision of creating long-term value while respecting the cultural and environmental heritage of the regions it operates in.
Investment Potential
Core Assets represents a unique investment opportunity in the mineral exploration sector. Its strategic location, robust project portfolio, and commitment to leveraging modern exploration techniques set it apart as a forward-thinking company in the mining industry. With a focus on discovering district-scale polymetallic systems, Core Assets is well-positioned to contribute to the global demand for critical minerals while delivering value to shareholders.
Core Assets Corp. (OTCQB: CCOOF) announced promising surficial assay results from its Falcon Target at the Silver Lime CRD-Porphyry Project in NW British Columbia. The exploration has identified and extended the vein-hosted Ag-Au mineralization footprint by 170 meters. Notably, samples from the Falcon Extension graded up to 19.5g/t Au and 33g/t Ag. Historical analysis demonstrates an average grade of 3.67g/t Au and 2,641g/t Ag over a 2.2m channel sample. Core Assets' President, Nick Rodway, stated that these findings significantly enhance the property's metal endowment potential and exploration options for 2023. The company continues to explore targets within the region to further develop its findings.
Core Assets Corp. (CSE:CC)(FSE:5RJ)(OTCQB:CCOOF) has announced significant surficial assay results from channel samples at the historic Kim Target, a high-grade Fe-Cu-Ag skarn located in north-central British Columbia. The 2022 channel sampling revealed notable copper grades, with highlights including 7m of 3.26% CuEq and 15m of 2.17% CuEq. Additionally, new skarn zones have been discovered approximately 2KM southeast of the historic showing, yielding an average grade of 1.35% Cu and 85g/t Ag from 10 samples. The company aims to continue exploration during the 2023 drilling season, anticipating additional discoveries. Core Assets currently holds full ownership of the Blue Property, which spans over 114,073.93 ha and includes the Kim Skarn Target.
Core Assets Corp. announced assay results from their 2022 exploration program at the Silver Lime and Laverdiere projects in British Columbia. The Grizzly CRD Target revealed significant high-grade mineralization, with noteworthy intersections including 5.64m of 659g/t AgEq from SLM22-011 and 2.23m of 124g/t AgEq from SLM22-009. The Sulphide City Target demonstrated widespread porphyry Mo mineralization, featuring results such as 4.51m of 172g/t AgEq from SLM22-005. Core Assets plans to initiate a targeted drilling program this year, aiming to expand on their new discoveries. CEO Nick Rodway expressed confidence in the transformative potential of the 2023 exploration season for shareholders.
Core Assets Corp. has announced assay results from the first four diamond drill holes at the Jackie CRD Target at the Silver Lime Porphyry-CRD Project in British Columbia.
Drilling totaled 1,299 meters and revealed significant mineralization, including:
- SLM22-001: 21.65m of 23g/t Ag, 1.0% Zn, 1.2% Pb.
- SLM22-002: 5.37m of 51g/t Ag, 4.0% Zn.
- SLM22-004: 7.90m of 46.7g/t Ag, including high grades of 338g/t Ag.
These results indicate strong potential for mineralization and plans for further exploration in 2023 as the company continues to evaluate additional targets.
Core Assets Corp. (OTCQB: CCOOF) announced promising surficial assay results from the Kim Target, a historic high-grade Fe-Cu-Ag skarn occurrence in British Columbia. In the 2022 exploration program, rock samples showed Cu values up to 8.3%, 240g/t Ag, and a Zn peak of 11.8%. The company expanded the size of its Blue Property by staking an additional 2,326 ha of claims. Pending 2022 channel sampling assays could further elucidate the mineralization potential at Kim. The President & CEO expressed excitement over the project's growth, positioning it as a major exploration area.
Core Assets Corp. has successfully closed a private placement offering, issuing 7,004,786 Charity Flow-Through Units at $0.43 each, generating gross proceeds of $3,012,058. This marks an increase of 28,041 Units from the initial offering. Each Unit comprises one common share and half a warrant, with warrants exercisable at $0.47 for two years. Proceeds will fund eligible Canadian exploration expenses at the Blue Property in British Columbia, with expenditures qualifying for tax benefits. The offering is subject to a four-month hold period, and the company paid cash finders' fees totaling $36,228.64.
Core Assets Corp. has announced a charity flow-through unit offering of 6,976,745 units at C$0.43 each, aiming to raise approximately C$3,000,000. Each unit includes one common share and a warrant, exercisable at C$0.47 within 24 months. The offering, set to close around February 15, 2023, will fund eligible Canadian exploration expenses at the Blue Property in British Columbia, with proceeds renounced to subscribers effective December 31, 2023. The project spans approximately 111,748 hectares and seeks to leverage geological advancements to discover new mineral deposits.
Core Assets Corp. has announced assay results from channel samples taken at Pete's CRD Target, revealing high-grade mineralization including 250g/t Ag, 12.1% Pb, 7.5% Zn, and 0.33% Cu over 8 meters. Located within the Silver Lime Porphyry-CRD Project in British Columbia, this target shows significant potential due to its proximity to similar high-grade zones. The company also reported updates on its 2022 diamond drilling, confirming mineralization strength with notable grades. A total of 5,355 meters were drilled, with further assay results pending.
Core Assets Corp. (CSE:CC)(FSE:5RJ)(OTC.QB:CCOOF) announced its participation in the 2022 Precious Metals Summit in Zurich, Switzerland, on November 14-15, 2022. The company aims to book meetings with investors and stakeholders during the event. Core Assets focuses on mineral exploration in British Columbia, holding 100% of the Blue Property, encompassing 111,648.8 hectares. The firm believes the area offers significant opportunities for new mineral discoveries, particularly due to enhanced understanding of geological formations since past exploration efforts in the 1980s.
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