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Core Assets Diamond Drilling Continues to Intersect Carbonate Replacement and Skarn Sulphide Mineralization at the Grizzly Target
VANCOUVER, BC / ACCESSWIRE / September 14, 2022 / Core Assets Corp., ("Core Assets" or the "Company") (CSE:CC) (FSE:5RJ) (OTCQB:CCOOF) is pleased to announce th
About this update from Core Silver Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / September 14, 2022 / Core Assets Corp., (\"Core Assets\" or the \"Company\") (CSE:CC) (FSE:5RJ) (OTCQB:CCOOF) is pleased to announce the intersection of significant massive and semi-massive sulphide carbonate replacement and skarn mineralization in every drill hole completed at the Grizzly Target, part of the Silver Lime Porphyry-CRD Project (\"Silver Lime\"), central Blue Property (\"Property\"); Atlin Mining District of NW British Columbia. Highlights Diamond drilling at the Grizzly Target has intersected the most visually impressive occurrences of Zn-Ag-Pb-Cu bearing massive-to-semi massive sulphide carbonate replacement mineralization to-date - measuring up to 2m thick and to depths of >320m (Figures 1-3). All massive and semi-massive sulphide intercepts are believed to be continuous and interconnected at depth tracing back to the porphyry source (potentially intersected in hole SLM22-006; See News Dated Aug 12-2022). The mineralized zone of porphyry-type, carbonate replacement, and skarn occurrences, as defined by 2022 diamond drilling efforts at Silver Lime, currently measures across an area of 600m by 2,300m and to depths of >450m. Figure 1: Photographs of 2022 HQ-sized core intervals from DDH: SLM22-011 completed at the Grizzly Target showing representative base metal sulphide carbonate replacement mineralization. (Chalcopyrite = Cpy; Galena = Gn; Sphalerite = Sph; Pyrite = Py; Massive = MS; Carbonate Replacement Mineralization = CRM). Drilling at the Grizzly Target has also intersected extensive dyke-sill contact skarn intervals, locally associated with a narrow, mineralized (Po-Py±Mo±Cpy) intermediate porphyritic intrusions (Figures 2-3). Additional styles of sulphide mineralization encountered at Grizzly include minor stibnite (Antimony Sulphide) veinlets, base metal sulphide veins, and thick (locally >1m) Mo-bearing quartz veins (Figures 2-3). All holes completed at the Silver Lime Project to-date have intersected skarn and chimney-style massive sulfide carbonate replacement deposit (CRD) feeders. The Project continues to display characteristics similar to that of the largest Porphyry-CRD systems globally and covers the full mineralization evolution spectrum from Cu-Mo porphyry through to Ag-Pb carbonate replacement mineralization (Figure 4). To-date, 6,086 metres of diamond dri...