Announcement Date: 2022-08-08
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Core Assets Corp.
Project name: Blue
Location: Canada
Commodities: Gold,Silver,Copper
Highlight: Drilling results incl. 95.05m @ 0.06g/t Au, 3.24g/t Ag, 0.47% Cu from 0.95m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, August 8, 2022 – Core Assets Corp., (“Core Assets” or the “Company”) (CSE:CC) (FSE:5RJ) (OTC.QB:CCOOF) is pleased to announce assay results from the first two diamond drill holes completed at the Laverdiere Fe-Cu-Au SkarnPorphyry Project (“Laverdiere”), eastern Blue Property (“Property”); Atlin Mining District of NW British Columbia. 1,806 metres of exploratory HQ-sized diamond drilling has been completed at the Laverdiere Skarn-Porphyry Project in June. 2022 drilling efforts successfully confirmed and extended high-grade Fe-Cu-Au skarn, Cu-Mo endoskarn, and associated Cu-Mo porphyry style mineralization for 850 metres along the western flank of Hoboe Creek, between the historic North and South Adits, and remains open at depth. The Laverdiere Project is located proximal to the Llewellyn Fault Zone, coincident with Hoboe Creek in the eastern Blue Property. Laverdiere is characterized as a fine-to-coarse grained and locally massive Fe-Cu-Au rich skarn (magnetite and/or magnetite-chalcopyrite-dominant±bornite-tetrahedrite-molybdenite-pyrite-pyrrhotite) hosted in dolomitic limestone and marble of the Devonian Boundary Ranges
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