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Core Assets Taps New CRD Discovery Through Drilling at Silver Lime
VANCOUVER, BC / ACCESSWIRE / July 17, 2023 / Core Assets Corp., ("Core Assets" or the "Company") (CSE:CC) (FSE:5RJ) (OTC.QB:CCOOF) is pleased to present visual
About this update from Core Silver Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / July 17, 2023 / Core Assets Corp., (\"Core Assets\" or the \"Company\") (CSE:CC) (FSE:5RJ) (OTC.QB:CCOOF) is pleased to present visual drill results from the successful maiden drill program at Pete's CRD Target (\"Pete's Target\" or \"Pete's\"). The Company is now drilling at the Grizzly CRD Target, 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. Diamond drilling at Pete's CRD Target has successfully confirmed a new Zn-Pb-Ag±Cu-rich CRD (carbonate replacement) discovery at shallow depths. 12 out of 15 drill holes intersected intervals of massive-to-semi massive carbonate replacement and skarn mineralization over a 100-meter step-out (Figure 1). Sulphide mineralization at Pete's was intersected over widths of up to 8.00 meters, for a combined total of 32.98 meters of massive to semi massive sulphide mineralization drilled (Table 1). All mineralized intercepts obtained from Pete's CRD Target have been submitted for rushed analysis. Highlights SLM23-028 intersected 6.40m of Zn-Fe-Pb-Ag±Cu-rich (visual) massive sulphide carbonate replacement mineralization and breccia from 27.43 meters depth. (Link to 3D Core Videos) SLM23-020 intersected 4.20m of massive-to-semi massive carbonate replacement and Skarn mineralization from 33.10m depth. (Figure 2) SLM23-030 intersected 0.80m of massive sulphide carbonate replacement mineralization from 32.05m depth. (Link to 3D Core Videos) SLM23-023 intersected 8.00m of Fe-Zn±Cu-Pb-rich (visual) massive-to-semi massive skarn and carbonate replacement mineralization from 2.00 meters depth, and brecciated CRM was encountered at 115.20m depth. Mineralization locally is texturally and mineralogically similar to what was observed in SLM22-011 completed at the Grizzly CRD Target in 2022. Hole SLM22-011 at the Grizzly Target returned 5.64m of 254g/t Ag, 5.1% Pb, 4.8% Zn, 0.11% Cu and 0.12g/t Au from 57.36m depth including 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. The inferred trend of massive sulphide mineralization at Pete's CRD Target currently measures 100 meters in length - extending from surface to drilled depths of ~ 73 meters and remains open for exploration (Figure 1). Core Assets' President &...