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Core Assets Summarizes 2022 Exploration Work Completed at the Silver Lime Project
VANCOUVER, BC / ACCESSWIRE / June 1, 2023 / Core Assets Corp., ("Core Assets" or the "Company") (CSE:CC)(FSE:5RJ)(OTCQB:CCOOF) is pleased to summarize work comp
About this update from Core Silver Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / June 1, 2023 / Core Assets Corp., (\"Core Assets\" or the \"Company\") (CSE:CC)(FSE:5RJ)(OTCQB:CCOOF) is pleased to summarize work completed during the 2022 exploration program at the Silver Lime-CRD Porphyry Project (the \"Silver Lime Project\" or \"Silver Lime\"), central Blue Property (the \" Blue Property\"), Atlin Mining District of NW British Columbia. The Company also announces the extension of the expiry date of certain warrants. A total of 5,565 metres of exploratory diamond drilling was completed at the Silver Lime CRD-Porphyry Project during the Company's inaugural drilling campaign in 2022. First-pass drilling successfully confirmed the presence of high-grade Ag-Pb-Zn-Cu±Au carbonate replacement (CRD) mineralization at depth, as well as widespread porphyry Mo mineralization and associated mineralized skarn. All surficial mineralized structures targeted in 2022 were confirmed at depth through drilling. Silver Lime CRD-Porphyry Project 2022 Diamond Drilling Highlights (Table 2): Grizzly CRD Target: SLM22-011 intersected 5.64m of 254g/t Ag, 5.1% Pb, 4.8% Zn, 0.11% Cu and 0.12g/t Au from 57.36m core depth including 3.15m of 424g/t Ag, 9.1% Pb, 8.3% Zn, 0.20% Cu, and 0.14g/t Au, extending the previously rushed carbonate replacement massive sulphide intercept which included 1.16m of 1,145g/t Ag, 23.2% Pb, 23.5% Zn, 0.52% Cu, and 0.37g/t Ag from 58.54m depth. Jackie CRD Target: SLM22-001 intersected 21.65m of 23g/t Ag, 1.0% Zn, 1.2% Pb, and 0.08% Cu from surface, including 1.25m of 215g/t Ag, 9.9% Zn, 8.9% Pb, and 0.36% Cu. Sulphide City Porphyry-Skarn Target: SLM22-015 returned 147.45m of 0.012% Mo from 190.05m depth, within 350m grading 0.008%. Prospecting and surface sampling in 2022 more than doubled the number of exposed, high-grade carbonate replacement massive sulphide targets at the Silver Lime CRD-Porphyry Project (Figure 1). The Gally, Pete's, Jackie, and Grizzly CRD targets represent zones of considerable massive sulphide carbonate replacement mineralization, whereas the more distal Falcon and Amp targets (further explored in 2022) contain carbonate replacement style mineralization, as well as sediment-hosted Ag-Au vein occurrences. Currently, the Project consists of 7 highly prospective targets that span the complete mineralization spectrum from Porphyry Mo-Cu to Fe-Zn-Cu-Ag massive...