June 6, 2022
Vancouver June 6, 2022 – Core Assets Corp., (“Core Assets” or the “Company”) (CSE:CC) (FSE:5RJ) (OTC.QB:CCOOF) is pleased to announce that the 2022 diamond drilling campaign has begun at the Laverdiere Skarn-Porphyry Project (“Laverdiere”), part of the Blue Property (the “Property”); Atlin Mining District of NW British Columbia.
• The 1,500 Metre diamond drilling campaign has commenced at the Laverdiere Project (Figure 1).
• Drilling at Laverdiere will target high-grade Fe-Cu-Au skarn and Cu-Mo porphyry mineralization mapped over a surface extent of 800 Metres between the historic North and South Adits.
• 2022 exploratory diamond drill targets (Figure 2) and plans at the Laverdiere Project include:
o Pad 1–Confirming and extending the high-grade, historic massive Fe-Cu-Au skarn intersections and Cu-Mo porphyry mineralization proximal to the French Adit.
o Pad 2 – Drill testing the undrilled Cu-rich skarn mineralization proximal to the historic South Adit.
o Pad 3 – Drill testing and extending Fe-Cu-Au skarn and associated Cu-Mo porphyry mineralization at the North Adit.
• Following the completion of the drill campaign at the Laverdiere Project, crews will mobilize to the Silver Lime Project to complete an additional 3,500 Metres of diamond drilling.
Core Assets’ President and CEO Nick Rodway comments, “The weather in Atlin this season has been spectacular, and we are drilling earlier than expected. While the diamond drill turns at Laverdiere, we will be mobilizing field crews to the Silver Lime CRD-Porphyry Project to complete preliminary field work, and geological mapping, to better prepare for drilling at this high priority project in late June or early July.”