CORE ASSETS CORP - CCOOF STOCK NEWS

Core Assets Corp. (CSE:CC | OTCQB:CCOOF) successfully completed a non-brokered private placement, raising $1,660,495.03 by issuing 2,722,123 units at $0.61 each. The offering was oversubscribed by 263,107 units. Each unit consists of one common share and half a warrant, allowing the purchase of additional shares at $0.85 for two years. Proceeds will fund exploration at the Blue Property and working capital. The release also notes a related party transaction involving 8,500 units issued to CFO Jody Bellefleur.

Core Assets Corp. announced a non-brokered private placement offering to raise up to $1.5 million by issuing 2,459,016 units at $0.61 per unit. Each unit comprises one common share and one-half common share purchase warrant, exercisable at $0.85 for two years. The offering's net proceeds will support exploration at the Company's Blue Property and general working capital. Closing is anticipated around August 25, 2022, pending customary conditions, including CSE approval.

Core Assets Corp. has reported significant findings from its Silver Lime Porphyry-CRD Project in British Columbia. The company revealed that every drill hole has intersected multiple chimney-style CRD mineralizations, including a newly discovered Mo-Cu-bearing porphyry. This porphyry, located within a 6.6 x 1.8 km area, shows promising mineralization characteristics and remains open for exploration. A total of 1,124 meters of diamond drilling has been completed with further drilling planned for the Grizzly Manto Target.

Core Assets Corp. has announced the completion of 1,299 metres of diamond drilling at the Jackie Ag-Pb-Zn-Cu target, part of the Silver Lime Project in British Columbia. All four drill holes exhibited significant sulphide mineralization at depths up to 284 metres. The current drilling confirms the presence of massive to semi-massive sulphide structures, which remain open for further exploration. Results from ongoing assays are anticipated in late July. The company is optimistic about its exploration model and potential discoveries in the area.

Core Assets Corp. (CSE:CC, OTCQB:CCOOF) has completed its Phase I diamond drilling at the Laverdiere Skarn-Porphyry Project in NW British Columbia, totaling 1,806 meters across six holes. Significant findings include confirmed Fe-Cu skarn and Cu-Mo porphyry-style mineralization along an 850-meter strike. Assays for initial drill holes are anticipated this July. The company plans to commence a 3,500-meter campaign at the Silver Lime Project soon. CEO Nick Rodway expressed optimism for Phase II drilling in 2023, contingent on this year’s assay results.

Core Assets (CSE:CC) announces the completion of three diamond drill holes at the Laverdiere Skarn-Porphyry Project, totaling 784 meters in the Atlin Mining District, British Columbia. Highlights include confirmation of Fe-Cu skarn and porphyry Cu mineralization along a 300-meter strike length. Drilling has revealed significant intersections of mineralization, with 1,455 meters completed in total. The company plans to extend drilling efforts to further explore the mineral potential and is awaiting assay results to guide future operations.

Core Assets Corp. has initiated a 1,500 metre diamond drilling campaign at the Laverdiere Skarn-Porphyry Project in the Atlin Mining District, British Columbia. The drills will target high-grade Fe-Cu-Au skarn and Cu-Mo porphyry mineralization across an 800-metre surface area. Significant drill pads include Pad 1 for confirming historic skarn intersections, Pad 2 for unexplored skarn mineralization, and Pad 3 for testing further mineralization. Following this campaign, Core Assets plans an additional 3,500 metres of drilling at the Silver Lime Project.

Core Assets Corp. has mobilized crews for a 5,000 metre diamond drilling campaign at its Blue Property in British Columbia. This inaugural campaign targets high-grade mineralization at two major projects: the Laverdiere Skarn-Porphyry Project and the Silver Lime Carbonate Replacement Project. The Laverdiere Project aims for 1,500 metres of drilling, while the Silver Lime Project, noted for its significant surficial grades, plans for an additional 3,500 metres post-Laverdiere completion. The company expresses optimism about potential discoveries in this unexplored area.

Core Assets Corp. has announced significant findings from the 2021 VTEM Geophysical Survey at the Silver Lime Carbonate Replacement Project. The survey revealed extensive conductivity anomalies across 104 km², indicating a potentially vast mineralized system below the surface. The project features an average surficial grade of 4.9% Zn, 2.0% Pb, 0.33% Cu, and 92.0g/t Ag from 365 samples. Diamond drilling is scheduled for July 2022, aiming to explore these promising targets further. Core Assets regards this project as unparalleled in its mineral potential globally.