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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 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.
Core Assets announced the results of a 3D Magnetic Vector Inversion Model applied to the Silver Lime CRD-Porphyry Project in British Columbia. The findings reveal that the Sulphide City Mo-Cu Porphyry Stock extends deeper and connects to a larger magnetic body, potentially feeding three additional porphyry stocks. Drillhole SLM22-006 confirmed significant porphyry-style alteration at 471m depth, with high molybdenum and copper grades. Core Assets will commence up to 5,000m of diamond drilling this week, focusing initially on the Sulphide City Mo-Cu Porphyry Stock. The drilling aims to explore the deeper extensions and confirm the presence of high-grade mineralized systems.
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