Core Assets Stock Price, News & Analysis

Core Assets Corp. has announced assay results from the first four diamond drill holes at the Jackie CRD Target at the Silver Lime Porphyry-CRD Project in British Columbia.

Drilling totaled 1,299 meters and revealed significant mineralization, including:

• SLM22-001: 21.65m of 23g/t Ag, 1.0% Zn, 1.2% Pb.
• SLM22-002: 5.37m of 51g/t Ag, 4.0% Zn.
• SLM22-004: 7.90m of 46.7g/t Ag, including high grades of 338g/t Ag.

These results indicate strong potential for mineralization and plans for further exploration in 2023 as the company continues to evaluate additional targets.

Core Assets Corp. (OTCQB: CCOOF) announced promising surficial assay results from the Kim Target, a historic high-grade Fe-Cu-Ag skarn occurrence in British Columbia. In the 2022 exploration program, rock samples showed Cu values up to 8.3%, 240g/t Ag, and a Zn peak of 11.8%. The company expanded the size of its Blue Property by staking an additional 2,326 ha of claims. Pending 2022 channel sampling assays could further elucidate the mineralization potential at Kim. The President & CEO expressed excitement over the project's growth, positioning it as a major exploration area.

Core Assets Corp. has successfully closed a private placement offering, issuing 7,004,786 Charity Flow-Through Units at $0.43 each, generating gross proceeds of $3,012,058. This marks an increase of 28,041 Units from the initial offering. Each Unit comprises one common share and half a warrant, with warrants exercisable at $0.47 for two years. Proceeds will fund eligible Canadian exploration expenses at the Blue Property in British Columbia, with expenditures qualifying for tax benefits. The offering is subject to a four-month hold period, and the company paid cash finders' fees totaling $36,228.64.

Core Assets Corp. has announced a charity flow-through unit offering of 6,976,745 units at C$0.43 each, aiming to raise approximately C$3,000,000. Each unit includes one common share and a warrant, exercisable at C$0.47 within 24 months. The offering, set to close around February 15, 2023, will fund eligible Canadian exploration expenses at the Blue Property in British Columbia, with proceeds renounced to subscribers effective December 31, 2023. The project spans approximately 111,748 hectares and seeks to leverage geological advancements to discover new mineral deposits.

Core Assets Corp. has announced assay results from channel samples taken at Pete's CRD Target, revealing high-grade mineralization including 250g/t Ag, 12.1% Pb, 7.5% Zn, and 0.33% Cu over 8 meters. Located within the Silver Lime Porphyry-CRD Project in British Columbia, this target shows significant potential due to its proximity to similar high-grade zones. The company also reported updates on its 2022 diamond drilling, confirming mineralization strength with notable grades. A total of 5,355 meters were drilled, with further assay results pending.

Core Assets Corp. (CSE:CC)(FSE:5RJ)(OTC.QB:CCOOF) announced its participation in the 2022 Precious Metals Summit in Zurich, Switzerland, on November 14-15, 2022. The company aims to book meetings with investors and stakeholders during the event. Core Assets focuses on mineral exploration in British Columbia, holding 100% of the Blue Property, encompassing 111,648.8 hectares. The firm believes the area offers significant opportunities for new mineral discoveries, particularly due to enhanced understanding of geological formations since past exploration efforts in the 1980s.

Core Assets Corp. has reported significant assay results from its Silver Lime Project in British Columbia, revealing high-grade carbonate replacement mineralization from two drill holes. Notably, SLM22-011 exhibited 1.97m grading 661g/t Ag and over 47% combined base and precious metals, marking a record result for the project. The findings, including 5,355 meters drilled, validate the potential for further exploration targeting over 250 mineralized structures in the area. President & CEO Nick Rodway expressed optimism about ongoing assessments and future drilling efforts in 2023.

Core Assets Corp. reports significant findings from the Silver Lime Porphyry-CRD Project, located in the Atlin Mining District of British Columbia. The company has identified nearly continuous porphyry-style sulphide mineralization over a stretch of 471m at the Sulphide City Target. The 2022 drilling program revealed widespread molybdenite-pyrite mineralization and continuous connections to the porphyry source. Analysis of selected CRD intervals is underway, with results expected soon.

Core Assets Corp. (CSE:CC)(FSE:5RJ)(OTCQB:CCOOF) announced promising results from diamond drilling at the Grizzly Target, part of the Silver Lime Porphyry-CRD Project. All drill holes have intersected significant massive and semi-massive sulphide carbonate replacement mineralization. Highlights include continuous sulphide intercepts reaching over 2 meters thick and depths exceeding 320 meters. The mineralized zone measures approximately 600m by 2,300m and depths of over 450m. 6,086 meters of drilling has been completed, with further drilling planned at the Sulphide City Target.