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, OTCQB:CCOOF) has announced the granting of incentive stock options totaling 4,500,000 common shares to its directors, officers, and consultants. Each option is priced at $0.50 and is exercisable for four years, vesting over two years in increments of 25% every six months. The company focuses on mineral exploration in British Columbia and holds 100% title to the Blue Property, which spans approximately 108,337 Ha. Core Assets aims to leverage advanced geological insights to discover new mineral deposits in the Atlin Mining District.
Core Assets Corp. (CSE:CCOOF) has released assay results from rock samples taken during Phase 2 of 2021 from its Blue Property in British Columbia. Notable findings include silver values up to 406g/t and copper up to 11.8%. The company awarded a 2022 diamond drilling contract to Dorado Drilling, planning 5,000 meters of drilling. The results suggest a substantial carbonate replacement system across a 6.6 km mineralized corridor. Core Assets aims to make significant new discoveries in the area as exploration continues.
Core Assets Corp. (CSE:CC, OTC:CCOOF) announced high-grade channel sample results from the Grizzly and Sulphide City Targets at the Blue Property, revealing significant mineralization across a 600m by 350m area. The sampling included 80 channels with notable assays: 5 samples over 50g/t Ag, 47 over 0.20% Cu, and 33 over 5.0% Zn. High assay values from specific channels included 175g/t Ag, 0.28% Cu, 10% Zn over 1m. With drill targeting underway for further exploration, the company aims to leverage its findings for potential discovery and development.
Core Assets Corp. (CSE:CC, FSE:5RJ, OTCQB:CCOOF) announced high-grade assay results from its 2021 channel sampling at the Jackie Target, part of the Silver Lime prospect in British Columbia. Key findings include 486g/t Ag, 0.36% Cu, 9.4% Pb, and 13.0% Zn over 1.4m, and several other notable results from five sampled bodies. The defined area of mineralization is 400 x 380 meters, demonstrating substantial potential for further exploration and a diamond drilling program planned for 2022.
Core Assets Corp. (CSE:CC, OTCQB:CCOOF) announced key management changes, appointing Monica Barrington as VP of Exploration, Joel Faltinsky as Director, and David Gower as Technical Advisor. Barrington has 9 years in mineral exploration; Faltinsky brings over 8 years from major mining firms; Gower, with over 30 years in the industry, has a strong discovery record. CEO Nick Rodway emphasized the growing discovery story and thanked former director Scott Rose for his contributions. The announcement also discusses a promotional engagement with CEO Views.
Core Assets Corp. has successfully completed a non-brokered private placement, issuing 6,657,752 units priced at $0.24 per unit, resulting in gross proceeds of $1,597,860.48. Each unit includes a common share and a transferable warrant, allowing the purchase of additional shares at $0.39 for two years. Crescat Portfolio Management invested approximately $1,275,000 and received rights for future financing participation. Proceeds will fund exploration at the Blue Property and general working capital.
Core Assets Corp. has announced a non-brokered private placement to raise $1.5 million by issuing 6.25 million units at $0.24 per unit. Each unit consists of one common share and a warrant for an additional share at $0.39 for two years. Crescat Capital is investing $1.07 million, becoming the company's first institutional investor. Proceeds will fund exploration at the Blue Property and general working capital. The offering is subject to a four-month hold, with further restrictions on resale for 18 months.
Core Assets Corp. announced the results of petrographic examinations on 17 samples from its Blue Property in British Columbia. The analysis indicates a large, multi-stage Carbonate Replacement System is present, characterized by significant Zn-Pb-Ag-Cu-Bi deposits. The findings suggest proximity to a Porphyry source and confirm diverse mineralogy. The company is preparing for the 2022 drilling season, anticipating further discoveries. The exploration area shows historical potential, with a tectonomagmatic history that could yield substantial mineralized material.
Core Assets Corp. has appointed Andrew Carne to its Board of Directors, bringing over 10 years of experience in the mineral exploration sector, particularly in government relations and metallurgical expertise. Carne's extensive background will support the development of the company's Blue Property in Atlin, BC. Concurrently, the company announced the resignation of Alicia Milne as a director. President and CEO Nick Rodway expressed gratitude for Milne's contributions while welcoming Carne's leadership as the company aims to enhance exploration activities in the region.
Core Assets Corp. has submitted a permit amendment application to the British Columbia Ministry of Energy for its Blue Property in the Atlin Mining District. The amendment seeks to add helicopter-supported drill sites and geophysical surveys across 29,460 hectares, including the newly discovered Grizzly Manto Discovery Zone. The zone has shown promising results, with samples revealing 8.2% Zn, 1.8% Pb, 0.40% Cu, and 110 g/t Ag. The amendment would facilitate further exploration, enhancing the potential for significant mineral discoveries.