Core Silver Corp. reports mineral-exploration developments centered on the Blue Property in the Atlin Mining District of northwestern British Columbia. Company updates focus on the Laverdiere Copper Project, including diamond drilling, assay results, soil geochemistry, structural mapping and interpretation of copper-molybdenum-silver-gold porphyry mineralization along the Valley Fault and related target areas.
Recurring corporate news also includes capital-structure and equity-incentive actions, such as stock option and restricted share unit grants, alongside project-level disclosures that describe exploration methods, mineralized zones, drill-hole observations and geochemical targets.
Core Silver (CCOOF) reported new visually identified sulphide intercepts at its Touleary Project, with Discovery Zone mineralization traced over 410 metres.
Hole TL-26-011 intersected 21.5 metres of sulphide mineralization, including 11.5 metres of massive sulphides with visible copper- and zinc-bearing minerals. TL-26-012 intersected three mineralized intervals measuring 4.25 metres, 4.25 metres and 5.0 metres. TL-26-014 intersected semi-massive copper-bearing sulphides and native copper in quartz veining.
The program has completed 2,436.3 metres of a planned minimum 3,000 metres for 2026. The approximately 3.5-kilometre interpreted geophysical trend remains largely untested. All 2026 assays are pending; visual observations require laboratory confirmation and do not establish grades or economic significance. Intervals are drill-core lengths, with true widths undetermined.
Core Silver (CCOOF) intersected visually identified copper-bearing sulphides in all four initial holes at its Touleary Project in Yukon, Canada. The holes total 962.6 metres of a planned minimum 3,000-metre diamond-drilling program. Highlighted semi-massive to massive sulphide intervals include 7 metres in TL-26-008 and separate 1.5-metre and 2-metre intervals in TL-26-007.
Assays remain pending for all four holes; visual observations do not establish metal grades and may not correlate with laboratory results. Drilling focuses on extending historical results at the Discovery Zone, where 2011 drilling returned 2.25 metres grading 7.18% copper, 3.55 g/t gold, 4.30% zinc and 116 g/t silver. Its interpreted geophysical signature extends approximately 3.5 kilometres, with only 335 metres tested by limited historical drilling. Core Silver also plans to test previously undrilled Targets 4, 5 and 8 in 2026.
Core Silver (OTCQB:CCOOF) completed a non-brokered private placement raising $1,287,275 in gross proceeds to fund exploration at its Touleary Project. The offering increased from approximately $1,000,000 previously announced on September 29, 2026. It issued 2,340,500 flow-through units at $0.55 each; flow-through shares carry Canadian tax benefits for subscribers. Each unit includes one common share and half a transferable warrant. Each whole warrant permits purchase of one non-flow-through common share at $0.85 for two years following issuance.
The proceeds will fund eligible Canadian exploration expenses at Touleary in Yukon on or before December 31, 2027, with qualifying expenditures renounced in subscribers' favour effective that date. No finder's fees were paid. An insider subscribed for 45,000 units under exemptions from formal valuation and minority shareholder approval requirements.
Core Silver (CCOOF) plans a non-brokered private placement to raise up to $1,000,000.10 for exploration at its Touleary Project in Yukon.
The offering comprises up to 1,818,182 flow-through units at $0.55 each. Each unit includes one common share issued under Canadian flow-through tax rules and half a transferable warrant. Each whole warrant permits purchase of one non-flow-through common share at $0.85 for two years after issuance.
Core Silver expects the financing to extend its 2026 Touleary drilling program beyond the initially planned 3,000 metres. Closing is expected on or about October 30, 2026, subject to CSE approval; the company may change that date. Proceeds must fund qualifying exploration expenditures by December 31, 2027. Securities carry a four-month-and-one-day hold from issuance, and the company may pay finder's fees.
Core Silver (CCOOF) granted options to purchase up to 1,725,000 common shares on September 25, 2026, to directors, officers, employees and consultants.
The options have a $0.50-per-share exercise price, a five-year term and immediate vesting. The options and underlying shares are subject to a hold period of four months and one day from the grant date. Core Silver also granted 3,000,000 restricted share units. They vest in eight equal semiannual installments of 12.5% over four years, beginning six months after the grant date. Each vested unit gives the right to receive one common share.
Core Silver (CCOOF) has completed the court-approved acquisition of all issued and outstanding shares of Arcus Development Group on September 15, 2026, via a plan of arrangement under the Business Corporations Act (British Columbia).
Arcus shareholders receive one Core Silver common share for each Arcus share held, with Arcus warrants and options now exercisable for Core Silver shares on their original terms. Core Silver issued 21,221,140 new shares as consideration, resulting in former Arcus shareholders owning about 39.2% of the 54,141,705 Core Silver shares outstanding on a non-diluted basis. Arcus becomes a wholly owned subsidiary, and its shares are expected to be delisted from the TSX-V after market close on September 15, 2026, with an intention to cease Arcus' reporting issuer status in Canada.
Core Silver shares continue trading on the Canadian Securities Exchange under “CC”, and no finder’s fee is payable for the transaction.
Core Silver (CCOOF) and Arcus Development Group have started a 2026 diamond drilling program of approximately 3,000 metres at the Touleary Project in Yukon, initially focused on the 2011 Discovery Zone.
The program will follow up historic high‑grade polymetallic intersections such as 2.25 m grading 7.18% Cu, 3.55 g/t Au, 4.30% Zn and 116 g/t Ag in hole TL‑11‑005, and other copper‑gold‑zinc‑silver intervals from the 2011 campaign. Historic drilling tested only about 335 m of strike to roughly 250 m depth, while the Discovery Zone geophysical signature extends for an interpreted 3.5 km, leaving substantial untested strike length. Additional undrilled targets, including Target‑4 and Target‑8, defined by soil geochemistry, hand‑pits and geophysical anomalies, may also be drilled in 2026. The project is a volcanogenic massive sulphide (VMS) system in the Yukon’s White Gold District with exposure to both base and precious metals.
Core Silver (CCOOF) and Arcus Development Group announced mobilization of crews and equipment for a 2026 diamond drilling program totaling approximately 3,000 metres at the Touleary VMS Project in Yukon.
The fully permitted program will be managed by Archer Cathro, with Superior Diamond Drilling executing the work. Drilling will focus on the Discovery Zone and nearby targets where 2011 holes returned polymetallic intercepts such as 2.25m @ 7.18% Cu, 3.55 g/t Au, 4.30% Zn, 116 g/t Ag and several other copper‑gold‑zinc‑silver intervals. The project benefits from VMS-style mineralization, exposure to base and precious metals, and proximity to the planned Northern Access Route.
The companies also reported that a previously announced plan of arrangement, under which Core will acquire all Arcus shares on a 1-for-1 share exchange, received 96.93% shareholder approval at Arcus’s August 25, 2026 meeting, with approximately 70.26% of shares represented. Closing remains subject to stock exchange approvals and customary conditions.
Core Silver (OTCQB:CCOOF) agreed to an all-share, at-market business combination with Arcus Development Group via a court-approved plan of arrangement.
Arcus shareholders receive 1 Core Silver share per Arcus share, with pro-forma ownership of 60.8% Core Silver and 39.2% Arcus, and closing targeted for Q4 2026.
The deal adds Arcus' fully permitted Touleary Property (397 claims, eight drill-ready targets) to Core Silver's portfolio, creating a diversified Canadian exploration company with expected operational synergies, enhanced capital markets profile, and a combined leadership team including Arcus interim CEO Darryl Jones joining Core Silver's board. Arcus shares are expected to be delisted from the TSX-V post-closing.
Core Silver (OTCQB:CCOOF) and Arcus Development gave an update on their proposed 1:1 share-exchange business combination, under which Core Silver would acquire all Arcus shares. The Combined Company is expected to have about C$6.5 million in cash and a broader exploration portfolio.
A key element is the Touleary VMS Project in Yukon. Core Silver holds an option to earn a 20% interest by funding C$2 million in exploration within one year. Touleary is fully permitted for 2026 drilling, with eight drill-ready targets and historical VMS-style intercepts.