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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. has reported significant assay results from its Silver Lime Project in British Columbia, revealing high-grade carbonate replacement mineralization from two drill holes. Notably, SLM22-011 exhibited 1.97m grading 661g/t Ag and over 47% combined base and precious metals, marking a record result for the project. The findings, including 5,355 meters drilled, validate the potential for further exploration targeting over 250 mineralized structures in the area. President & CEO Nick Rodway expressed optimism about ongoing assessments and future drilling efforts in 2023.
Core Assets Corp. reports significant findings from the Silver Lime Porphyry-CRD Project, located in the Atlin Mining District of British Columbia. The company has identified nearly continuous porphyry-style sulphide mineralization over a stretch of 471m at the Sulphide City Target. The 2022 drilling program revealed widespread molybdenite-pyrite mineralization and continuous connections to the porphyry source. Analysis of selected CRD intervals is underway, with results expected soon.
Core Assets Corp. (CSE:CC)(FSE:5RJ)(OTCQB:CCOOF) announced promising results from diamond drilling at the Grizzly Target, part of the Silver Lime Porphyry-CRD Project. All drill holes have intersected significant massive and semi-massive sulphide carbonate replacement mineralization. Highlights include continuous sulphide intercepts reaching over 2 meters thick and depths exceeding 320 meters. The mineralized zone measures approximately 600m by 2,300m and depths of over 450m. 6,086 meters of drilling has been completed, with further drilling planned at the Sulphide City Target.
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.
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