Core Silver Stock Price, News & Analysis

Core Silver (OTCQB:CCOOF) has announced a non-brokered private placement offering to raise up to $2 million through the issuance of 8 million units at $0.25 per unit.

Each unit consists of one common share and one transferable warrant, with warrants exercisable at $0.315 per share for a 24-month period. The proceeds will be used for general working capital and property exploration. The offering requires regulatory approvals and includes a four-month statutory hold period for issued securities.

Core Silver Corp. (OTCQB:CCOOF) has successfully completed its non-brokered private placement offering, raising total gross proceeds of $1,282,000. The offering consisted of 5,410,000 non-flow-through units at $0.20 per unit and 800,000 flow-through units at $0.25 per unit.

Each unit includes one common share and one warrant, with warrants exercisable at $0.30 per share for three years. Notable insider participation included CEO Nicholas Rodway, VP Joshua Vann, and major shareholder Crescat Portfolio Management LLC, collectively subscribing for $404,500. The securities are subject to both a statutory four-month and contractual one-year hold period.

The flow-through funds will be used for Canadian exploration expenses at the company's Blue Property in British Columbia, while non-flow-through proceeds will support general working capital.

Core Assets Corp. announced a 10:1 share consolidation and name change to Core Silver Corp., effective June 4, 2025, on the Canadian Securities Exchange. The company's current 127,105,689 outstanding shares will be consolidated to 12,710,565 shares. The trading symbol "CC" will remain unchanged, while new CUSIP and ISIN numbers will be assigned. Odyssey Trust Company will handle the administrative process, mailing Letters of Transmittal to shareholders of record for exchanging pre-consolidation share certificates for post-consolidation certificates.

Core Assets Corp. (CCOOF) has announced significant corporate changes and a private placement offering. The company plans to consolidate its shares on a 10:1 basis, reducing outstanding shares from 127,105,689 to approximately 12,710,569. Additionally, the company will change its name to "Core Silver Corp." while maintaining its "CC" trading symbol. The company is launching a non-brokered private placement to raise up to $1,798,700 through three types of units: non-flow-through units at $0.20, flow-through units at $0.25, and charity flow-through units at $0.33. Each unit includes one share and one warrant exercisable at $0.30 for three years. The offering is expected to close around June 19, 2025, with proceeds from flow-through units designated for exploration at the Blue Property in British Columbia.

Core Assets Corp (CCOOF) has presented an updated 3-D geologic model and review of assay results from the Laverdiere Copper Project in British Columbia. The Valley Zone revealed significant mineralization with samples returning up to 3.24% Cu (with 82g/t Ag, 0.56g/t Au and 0.053% Mo) and 0.32% Mo in 2022.

The company identified a 1-kilometer-wide circular magnetic low anomaly, interpreted as a potential high-grade porphyry center. The 2022 drilling program confirmed high-grade copper skarn and porphyry mineralization over 1 km, with notable intercepts including 267.05m of 0.17% Cu from surface in LAV22-001, including 48.54m of 0.90% Cu.

The Project spans a 5km x 8km area of Cretaceous copper porphyry and shows potential for shear-hosted gold mineralization, with one drill hole returning 4.59g/t gold over 1.51m.

Core Assets Corp. (CCOOF) has announced significant results from its 2024 rock sampling campaign at the Blue Property in British Columbia. The North Gold Prospect yielded samples with up to 1.74g/t Au and 111g/t Ag within a 120m wide zone containing thick Ag-Au-bearing epithermal veins, mapped for 600m along strike. Notable discoveries include Argentiferous Manganese Oxide Mineralization returning 1,092g/t Ag and 0.25g/t Au near the Jackie Target.

Massive galena and pyrite mineralization southeast of Jackie produced impressive results of 767g/t Ag, 1.12% Cu, 48.3% Pb and 1.7% Zn. The company has identified four prospective mineralizing systems over a 30-km trend. New epithermal microcrystalline quartz veins were discovered within the 2.7-km Gally-Sulphide City-Pete's Trend, returning up to 0.88g/t Au with 353g/t Ag.

Core Assets Corp has announced significant drilling results from its 2024 diamond drilling campaign at the Silver Lime Project in British Columbia. The company completed 11 diamond drill holes totaling 3,602.35m across a 2.7km mineralized trend. Key highlights include the longest massive sulphide intercept to date, with hole SLM24-061 returning 11.78m of 10.6% Zinc, 0.36% Copper and 16g/t Silver from surface. The drilling program successfully extended Mo-Cu-Ag porphyry and Fe-Zn-Cu massive sulphide skarn mineralization at the Sulphide City Target.

Core Assets Corp. (CSE:CC, FSE:5RJ, OTCQB:CCOOF) has provided an update on its 2024 exploration season at the Silver Lime CRD-Skarn-Porphyry Project in British Columbia. The company has completed 3,600 meters of diamond drilling across 10 drill holes in four target areas. Key highlights include:

1. Drilling at the Sulphide City Mo-Cu Porphyry Target intersected widespread quartz-sericite-pyrite alteration with increasing porphyry vein density and Mo-Cu mineralization at depth.

2. New epithermal-style vein occurrences were identified at Pike Valley and Pete's North.

3. Geological mapping revealed four main phases of the Sulphide City Mo-Cu Porphyry and extended the footprint of a unique mafic-to-intermediate intrusion.

4. A new zone of interest with multiple quartz-arsenopyrite veins was discovered 6 km north of the main Sulphide City system.

Assay results from drill core and surface samples are pending.

Core Assets Corp. (CSE:CC)(FSE:5RJ)(OTC.QB:CCOOF) has provided an update on its 2024 drilling program at the Silver Lime CRD-Porphyry Project in British Columbia. Key highlights include:

- 2,014 meters of diamond drilling completed across three locations
- Drill hole SLM24-061 intersected 11.8m of continuous massive sulphide mineralization from surface
- Multiple zones of massive sulphide skarn mineralization encountered in other holes
- Drilling continues with a projected additional 3,000m planned

The company reports significant zinc, copper, and silver mineralization in several drill holes, particularly at the Sulphide City-Whaleback target. Core Assets' CEO Nick Rodway described the 2024 drilling season as 'a huge success' and noted that assays will be released as they become available.