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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. (CSE:CC, FSE:5RJ, OTCQB:CCOOF) announced high-grade assay results from its 2021 channel sampling at the Jackie Target, part of the Silver Lime prospect in British Columbia. Key findings include 486g/t Ag, 0.36% Cu, 9.4% Pb, and 13.0% Zn over 1.4m, and several other notable results from five sampled bodies. The defined area of mineralization is 400 x 380 meters, demonstrating substantial potential for further exploration and a diamond drilling program planned for 2022.
Core Assets Corp. (CSE:CC, OTCQB:CCOOF) announced key management changes, appointing Monica Barrington as VP of Exploration, Joel Faltinsky as Director, and David Gower as Technical Advisor. Barrington has 9 years in mineral exploration; Faltinsky brings over 8 years from major mining firms; Gower, with over 30 years in the industry, has a strong discovery record. CEO Nick Rodway emphasized the growing discovery story and thanked former director Scott Rose for his contributions. The announcement also discusses a promotional engagement with CEO Views.
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.
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