on Core Assets Corp. (isin : CA21871U1057)
Core Assets Identifies Potential Porphyry Center at Laverdiere Copper Project
Core Assets Corp has unveiled a new 3-D geological model for the Laverdiere Copper Project, located in NW British Columbia's Atlin Mining District. The Valley Zone was mapped, revealing mineralized porphyry veins with copper concentrations reaching 3.24%. This zone, characterized by structural complexity, coincides with a significant magnetic low anomaly, possibly indicating a high-grade porphyry center.
Drilling in 2022 uncovered substantial copper deposits along the Llewellyn Fault. Notable results include a 267m drill intercept showing 0.17% copper from the French Adit. The exploration suggests potential copper-gold porphyry over 1km deep. Additionally, the project site presents opportunities for shear-hosted gold mineralization, further enhancing its viability.
The Laverdiere Project, supported by recent analysis and sampling, represents a strategic gain in an emerging mining district. The site's geological attributes, coupled with extensive historic and recent assays, underpin the site's promising potential for future exploration and development.
R. E.
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