Core Assets Assays 1.43% Copper Over 15 Metres In Channel Sampling
Core Assets (CSE: CC) yesterday released the results from channel sampling conducted at the Kim Target, found at the firms Blue Property in BC. The Kim Target is found roughly 22 kilometres to the north-northwest of the main Silver Lime CRD-Porphyry project.
Channel sampling at Kim was conducted over a 17 metre long trend in 2022, the results from which were just received. The sampling focused on a skarn showing, and served as a follow up to grab sampling that had assays of up to 8.3% copper, 240 g/t silver, 0.16% molybdenum, 0.39 g/t gold and 0.21% zinc.
Highlights from the channel sampling assays include:
- D935111: 4.45% copper, 112 g/t silver, 0.08 g/t gold over 1.0 metre
- D935116: 2.66% copper, 94 g/t silver, 0.15 g/t gold over 1.0 metre
- D935117: 5.78% copper, 193 g/t silver, 0.04 g/t gold over 1.0 metre
- D935122: 1.68% copper, 279 g/t silver, 0.03 g/t gold
On a combined basis, the channel sampling program returned an interval of 1.43% copper, 92 g/t silver, 0.04 g/t gold, or 2.17% copper equivalent, over 15.0 metres.
“Exploration at the Kim Target in 2022 yielded our highest-grade copper-silver channel samples to-date, and we expect to continue to unveil additional new discoveries during the 2023 drilling season set to start in June. Additional sampling results and technical updates are still to come prior to drill mobilization,” commented Nick Rodway, CEO.
The exploration team also notably discovered a new skarn zone 2 kilometres to the southeast. Rock samples collected at the new target had an average grade of 1.35% copper, 85 g/t silver, and 2.4% zinc and lead across ten samples.
Core Assets last traded at $0.23 on the CSE.
FULL DISCLOSURE: Core Assets Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Core Assets Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
