Core Silver Rebrands & Announces $4.5M Life Flow Through Offering

Rhea-AI Summary

Core Silver Corp. (OTC.QB:CCOOF) has announced a strategic corporate rebranding and a $4.5 million LIFE flow-through private placement offering. The company is offering up to 6 million flow-through units at $0.75 per unit, with each unit including one common share and one warrant exercisable at $0.85 for 24 months.

The company's Blue Property has demonstrated significant exploration success, featuring a 10km² mineralization footprint with multiple zones averaging >400 g/t Ag. Notable discoveries include surface assays up to 1,092 g/t Ag and drilled intervals reaching 1,030 g/t Ag. The property hosts a comprehensive Porphyry-Skarn-CRD-Epithermal system across a 30-kilometer trend with four clustered mineralizing systems.

Positive

• Exceptional silver values with zones averaging >400 g/t Ag, including surface assays of 1,092 g/t Ag and drill intervals up to 1,030 g/t Ag
• Large-scale mineralization footprint spanning 10km² with four clustered mineralizing systems across 30km trend
• 100% ownership of property with strong infrastructure access and existing drill permits
• Multi-metal exposure including copper, zinc, lead, molybdenum, and gold provides diversified value potential

Negative

• Potential shareholder dilution from the $4.5M flow-through offering
• Property currently requires barge and/or helicopter access, indicating challenging logistics
• Still awaiting final approval for BC Parks Permit for barge access

VANCOUVER, BC / ACCESS Newswire / August 8, 2025 / Core Silver Corp. ("Core Silver" or the "Company") (CSE:CC)(FSE:5RJ)(OTC.QB:CCOOF) is pleased to announce a strategic corporate rebrand. This transformation reflects the Company's sharpened focus on silver and critical metals at its 100% owned Blue Property (the "Property"). The Company is also pleased to announce a non-brokered listed issuer financing exemption ("LIFE") private placement offering (the "LIFE Offering").

Since 2021, the Company has advanced the Blue Property Mineral Tenure from early-stage prospecting to drill-confirmed mineralization across multiple targets.

Core Silver's President & CEO, Nick Rodway commented "We've rebranded the company to better reflect the silver and critical element focused successes we've achieved over the past three years of exploration at the Silver Lime and Laverdiere Projects. Planning is currently underway for this summer's exploration season, which will include both regional fieldwork and a focused exploratory diamond drilling program. We look forward to sharing further details on the program shortly."

Key exploration achievements to-date include:

Tier-1 Bonanza-Grade Silver: Since 2021, systematic exploration has confirmed a large-scalemineralization footprint spanning 10km² which hosts a full-spectrum Porphyry-Skarn-CRD-Epithermal system at the flagship Silver Lime Project. Drill intercepts and surface sampling have returned exceptional silver values with multiple zones averaging >400 g/t Ag over meaningful widths, indicating a robust mineralizing system with significant economic potential. Surface assays near 1,092 g/t Ag and drilled intervals up to 1,030 g/t Ag highlight significant upside (Figure 1).

Consistent High-Grade Silver Mineralization: Significant silver values found in both drill core and surface outcrops across three separate Project areas illustrate the potential of the system from stratigraphically deeper zones (porphyry-skarn) to surficial exposures (epithermal veins & Argentiferous Manganese Oxide (AMOM) zones). Multi-metal exposure including copper, zinc, lead, molybdenum, and gold positions the asset for diversified value (Figure 2).

Structural Complexity: Chargeability/conductivity geophysical anomalies support structural continuity from deep porphyry realms to surficial massive sulphide skarn and carbonate replacement exposures at multiple targets.

Multi-Kilometre Mineralized Trend: Systematic exploration has outlined laterally extensive, multi-target porphyry-skarn systems all within a large, contiguous land package with 100% ownership. Four clustered mineralizing systems across an approximately 30-kilometer-trend host high‑grade silver, copper, and zinc-bearing porphyry-skarn targets.

Discovery-Oriented Drilling: Recent drill campaigns have confirmed depth continuity and zonation in mineralization - key features of large-scale porphyry-skarn-epithermal systems.

Geologically Proven: The Property meets all criteria for district-scale, multi-mineralizing systems - triggering serious upside for shareholders in the upcoming drill seasons.

Strong Infrastructure & Jurisdiction: The Property is accessible by barge and/or helicopter and is situated in a mining-friendly district with strong First Nations relationships and drill permitting authorizations already in place. A right-of-way BC Parks Permit for barge access to the northeast section of the Blue Property Mineral Tenure has passed First Nations and provincial government consultation and is now in the final stages of approval.

Figure 1: Argentiferous Manganese Oxide Mineralization (AMOM) discovered at the Jackie Target (Silver Lime Project) in 2024. This exposure extends for over 100m along strike.

Figure 2: Representative photos of high-grade, multi-metal mineralization styles in drill core and at surface at the Silver Lime Project.

LIFE Flow Through Offering

The offering is a non-brokered listed issuer financing exemption ("LIFE") private placement offering (the "LIFE Offering") of up to 6,000,000 flow-through units ("FT Units") of the Company at $0.75 per FT Unit, pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), for gross proceeds of up to $4,500,000. Each FT Unit will be comprised of one common share in the capital of the Company (a "LIFE FT Share") and one common share purchase warrant (a "LIFE Warrant"). Each LIFE FT Share will qualify as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada).

Each LIFE Warrant will be exercisable to acquire one additional common share of the Company at an exercise price of $0.85 for a period of 24 months from the date of closing. The LIFE FT Units will be sold on a structured basis whereby the Company will issue the LIFE FT Shares and LIFE Warrants comprising the LIFE FT Units to purchasers purchasing as principals and/or to an agent for one or more disclosed principals. The LIFE FT Shares and LIFE Warrants comprising the LIFE FT Units will then immediately be sold to one or more back-end buyers. The LIFE FT Units issued pursuant to the LIFE Offering will not be subject to a hold period in accordance with applicable Canadian securities laws. There is an offering document (the "Offering Document") relating to the LIFE Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website (www.coresilvercorp.com). Prospective investors in the LIFE Offering should read the Offering Document before making an investment decision.

Closing of the LIFE Offering may take place in one or more tranches as determined by the Company and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval of the Canadian Securities Exchange.

The Company may pay finder's fees to certain eligible finders comprised of cash and non-transferable warrants in connection with the LIFE Offering, subject to compliance with the policies of the CSE.

The Company intends to use the gross proceeds of the LIFE Offering for drilling and exploration at the Company's Blue Property located in Atlin, British Columbia and as more particularly set out in the Offering Document.

NATIONAL INSTRUMENT 43-101 DISCLOSURE

Nicholas Rodway, P.Geo, (Licence# 46541) (Permit to Practice# 100359) is President, CEO and Director of the Company, and qualified person as defined by National Instrument 43-101- Standards of Disclosure for Mineral Projects. Mr. Rodway has reviewed and approved the technical content in this release.

ABOUT CORE SILVER CORP.

Core Silver Corp. is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in British Columbia, Canada. The Company currently holds 100% ownership in the Blue Property Mineral Tenure, which covers a land area of114,074 hectares (~1,140 km²). The project lies within the Atlin Mining District, a well-known gold mining camp located in the unceded territory of the Taku River Tlingit First Nation and the Carcross/Tagish First Nation. The Blue Property hosts a major structural feature known as The Llewellyn Fault Zone ("LFZ"). This structure is approximately 140km in length and runs from the Tally-Ho Shear Zone in the Yukon, south through the Blue Property to the Alaskan Panhandle Juneau Ice Sheet in the United States. Core Silver believes that the south Atlin Lake area and the LFZ has been neglected since the last major exploration campaigns in the 1980's. The LFZ plays an important role in mineralization of near surface metal occurrences across the Blue Property Mineral Tenure. The past 50 years have seen substantial advancements in the understanding of porphyry, skarn, and carbonate replacement type deposits both globally and in British Columbia's Golden Triangle. The Company has leveraged this information at the Blue Property Mineral Tenure to tailor an already proven exploration model and believes this could facilitate a major discovery. Core Silver is excited to become one of Atlin Mining District's premier explorers where its team believes there are substantial opportunities for new discoveries and development in the area.

On Behalf of the Board of Directors

CORE SILVER CORP.

"Nicholas Rodway"
President & CEO
Tel: 604.681.1568

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS

Certain statements contained in this news release may constitute "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", "potential", "indicative" and similar expressions. Forward-looking information in this news release includes, but is not limited to, statements with respect to the Offering, including the timing, terms and anticipated use of proceeds derived therefrom, the timely receipt of all necessary approvals for the Offering, and other statements regarding the Company's future business plans and objectives. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of risks and uncertainties inherent in the exploration and development of mineral properties, fluctuations in commodity prices, counterparty risk, market conditions, regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

Neither the Canadian Securities Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this news release.

No Offer or Solicitation to Purchase Securities in the United States

This news release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States or to, or for the account or benefit of, persons in the United States or U.S. Persons nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act, except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.

SOURCE: Core Silver Corp.

View the original press release on ACCESS Newswire

FAQ

What is the size and terms of Core Silver's (CCOOF) LIFE flow-through offering in 2025?

Core Silver is offering up to 6 million flow-through units at $0.75 per unit, totaling $4.5 million. Each unit includes one common share and one warrant exercisable at $0.85 for 24 months.

What are the key silver grades discovered at Core Silver's Blue Property?

The property has shown multiple zones averaging >400 g/t Ag, with surface assays reaching 1,092 g/t Ag and drill intervals up to 1,030 g/t Ag.

How will Core Silver (CCOOF) use the proceeds from the 2025 LIFE offering?

The proceeds will be used for drilling and exploration activities at the company's Blue Property located in Atlin, British Columbia.

What is the scale of mineralization at Core Silver's Blue Property?

The property features a 10km² mineralization footprint with four clustered mineralizing systems across a 30-kilometer trend, hosting a Porphyry-Skarn-CRD-Epithermal system.

What additional metals besides silver are present at Core Silver's Blue Property?

The property contains multiple metals including copper, zinc, lead, molybdenum, and gold, providing diversified mineral exposure.