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Core Assets Corp. (CCOOF) is a Canadian mineral exploration company focused on acquiring and developing mineral projects in British Columbia. The company's flagship project, the Silver Lime CRD-Porphyry Project, located in the Atlin Mining District, has shown promising results with high-grade mineralization in Ag, Pb, Zn, Cu, and Au. The project spans over 9.5 x 10 km and hosts a variety of mineralization styles, including carbonate replacement, skarn, and distal Au-bearing veins. Core Assets Corp. is committed to exploring and expanding the mineral endowment of the Silver Lime Project through a series of successful exploration programs.
Core Assets Corp. has successfully completed a non-brokered private placement, issuing 6,657,752 units priced at $0.24 per unit, resulting in gross proceeds of $1,597,860.48. Each unit includes a common share and a transferable warrant, allowing the purchase of additional shares at $0.39 for two years. Crescat Portfolio Management invested approximately $1,275,000 and received rights for future financing participation. Proceeds will fund exploration at the Blue Property and general working capital.
Core Assets Corp. has announced a non-brokered private placement to raise $1.5 million by issuing 6.25 million units at $0.24 per unit. Each unit consists of one common share and a warrant for an additional share at $0.39 for two years. Crescat Capital is investing $1.07 million, becoming the company's first institutional investor. Proceeds will fund exploration at the Blue Property and general working capital. The offering is subject to a four-month hold, with further restrictions on resale for 18 months.
Core Assets Corp. announced the results of petrographic examinations on 17 samples from its Blue Property in British Columbia. The analysis indicates a large, multi-stage Carbonate Replacement System is present, characterized by significant Zn-Pb-Ag-Cu-Bi deposits. The findings suggest proximity to a Porphyry source and confirm diverse mineralogy. The company is preparing for the 2022 drilling season, anticipating further discoveries. The exploration area shows historical potential, with a tectonomagmatic history that could yield substantial mineralized material.
Core Assets Corp. has appointed Andrew Carne to its Board of Directors, bringing over 10 years of experience in the mineral exploration sector, particularly in government relations and metallurgical expertise. Carne's extensive background will support the development of the company's Blue Property in Atlin, BC. Concurrently, the company announced the resignation of Alicia Milne as a director. President and CEO Nick Rodway expressed gratitude for Milne's contributions while welcoming Carne's leadership as the company aims to enhance exploration activities in the region.
Core Assets Corp. has submitted a permit amendment application to the British Columbia Ministry of Energy for its Blue Property in the Atlin Mining District. The amendment seeks to add helicopter-supported drill sites and geophysical surveys across 29,460 hectares, including the newly discovered Grizzly Manto Discovery Zone. The zone has shown promising results, with samples revealing 8.2% Zn, 1.8% Pb, 0.40% Cu, and 110 g/t Ag. The amendment would facilitate further exploration, enhancing the potential for significant mineral discoveries.
Core Assets Corp. (CSE:CC)(OTCQB:CCOOF) has announced that its common shares are now eligible for settlement through the Depository Trust Company (DTC), improving accessibility for investors. This DTC eligibility enhances trading capabilities in the US market, allowing a broader array of brokerage firms to trade their shares. CEO Nick Rodway emphasizes that this move supports the company's goal to attract more retail and institutional investors. Core Assets is focused on mineral exploration in British Columbia, particularly at its Blue Property.
Core Assets Corp. has engaged Zimtu Capital Corp. for a cost-sharing marketing program effective September 24, 2021, costing $157,500 CAD. The contract includes various marketing services such as lead generation and social media marketing. Core Assets also announced a Zoom presentation featuring President & CEO Nick Rodway on October 6, 2021. The company focuses on mineral exploration in British Columbia, holding a 100% title to the Blue Property, which spans ~108,337 Ha.
Core Assets Corp. (CSE:CC)(OTCQB:CCOOF) announced that President and CEO Nick Rodway will present at Zimtu Capital's investor presentation on October 6, 2021. The company recently confirmed new zones of carbonate replacement sulphide mineralization and a Zinc-Lead-Silver rich manto at its Blue Property in British Columbia. Rodway expressed enthusiasm for updating investors on the ongoing success of their 2021 field season. Core Assets holds 100% title ownership of the Blue Property, covering approximately 108,337 Ha, located in a historically rich mining area.
Core Assets Corp. (OTCQB: CCOOF) announced significant findings from its phase 1 sampling program at the Blue Property in British Columbia. The program identified multiple new mineralization zones, including a rich Zinc-Lead-Silver manto. Out of 247 samples, notable assay results featured: Cu values up to 9.92%, Ag values up to 2,020 g/t, and Zn values exceeding 30%. New heavily mineralized zones were discovered, extending the mineralized area to approximately 6.6 km by 1.8 km. The company plans further exploration with results expected by late 2021.
Core Assets Corp. has expanded its mineral claim holdings at the Blue Property in British Columbia, increasing the area from 26,080 ha to 108,337 ha, making it a leading mineral claim holder in the Atlin Mining District. This decision was driven by positive visual observations during exploration, suggesting extensive, previously unexplored limestone formations. The company anticipates results from its initial sampling program by late September 2021. This expansion positions Core Assets as a major player in the region, which is known for its gold mining potential.
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