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Core Assets Extends Cu-Skarn and Cu-Mo Porphyry Mineralization to 850 Metres Along Strike at Laverdiere and Mobilizes Drill to Silver Lime
VANCOUVER, BC / ACCESSWIRE / July 7, 2022 / Core Assets Corp., ("Core Assets" or the "Company") (CSE:CC) (FSE:5RJ) (OTCQB:CCOOF) is pleased to announce the comp
About this update from Core Silver Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / July 7, 2022 / Core Assets Corp., (\"Core Assets\" or the \"Company\") (CSE:CC) (FSE:5RJ) (OTCQB:CCOOF) is pleased to announce the completion of its Phase I diamond drilling campaign at the Laverdiere Skarn-Porphyry Project (\"Laverdiere\"),eastern Blue Property (\"Property\"); Atlin Mining District of NW British Columbia. Highlights 1,806 metres of HQ-sized diamond drilling over six holes has been completed at the Laverdiere Skarn-Porphyry Project during the 2022 Phase I campaign. LAV22-006 was drilled to the southwest at the North Adit and intersected: Near surface intervals of variably altered granodiorite and endoskarn, hosting chalcopyrite±molybdenite porphyry-style mineralization to 80 metres depth (Figure 1). Marble and chalcopyrite±molybdenite±bornite-bearing, magnetite-serpentine-dominant skarn and endoskarn were observed between 80 and 173 metres depth (Figure 1). Cu-Mo-bearing, potassic altered granodiorite-to-diorite overprinted by a chlorite-sericite dominant alteration assemblage with local skarn and endoskarn persist from 173 metres depth to end of hole (EOH) (352 metres; Figures 1-2). An increase in vein density (magnetite-chlorite-chalcopyrite and coarse k-feldspar-dominant veining) and patchy chalcopyrite mineralization is observed with increasing depth to EOH (Figure 2). Figure 1: Photographs of HQ-sized core intervals from LAV22-006 showing Cu-Skarn and Cu-Mo porphyry style mineralization. Drilling has successfully confirmed massive to semi-massive Fe-Cu skarn in all holes and extended porphyry Cu mineralization along an open strike length of 850 metres between the historic North and South Adits. Drill crews have mobilized to the Silver Lime Project. The 3,500-metre diamond drilling campaign planned for 2022 will begin at the Jackie Ag-Pb-Zn-Cu Carbonate Replacement Target immediately. Drilling assays for LAV22-001 and LAV22-002 are expected to be received and released in July. *All drill core assays are still pending and until assay results are completed and received, any inference of potential copper, gold, silver, and molybdenum grades from the geological descriptions provided in this release are speculative in nature and based on preliminary visual observations only. Core Assets' President & CEO Nick Rodway commented, \"The 2022 Phase I diamond drilling campaign at the La...