Core Assets Identifies Numerous Drilling Targets Using 3D Inverted Magnetics & Commences Drilling

VANCOUVER, BC / ACCESSWIRE / June 5, 2024 / Core Assets Corp. ("Core Assets" or the "Company") has announced the results of a 3D Magnetic Vector Inversion Model for their Silver Lime CRD-Porphyry Project in the Atlin Mining District of NW British Columbia.

The 3D model revealed that the Sulphide City Mo-Cu Porphyry Stock extends deeper and connects to a larger magnetic body. This intrusion feeds at least three other porphyry stocks beneath existing targets.

In 2022, drilling at Sulphide City showed significant porphyry-style alteration and increased molybdenum and copper grades. Core Assets is now fully funded for up to 5,000 meters of diamond drilling, with drilling slated to start this week.

The drilling effort is based on overlaps observed between favorably magnetized zones, high chargeability areas, and existing drilled data, indicating the continuation of the mineralized system to greater depths.

Core Assets aims to test these prospective zones, starting with the Sulphide City Mo-Cu Porphyry Stock.