- Core Assets (CC) announces surficial assay results from the Falcon Target in B.C.
- In 2022, the company extended the footprint of vein-hosted Ag-Au mineralization at Falcon by 170 m
- Samples of the extension reach up to 19.5 g/t Au, 33 g/t Ag, 0.33 per cent Pb, and 0.30 per cent Sb
- The company will continue to test and develop high-grade targets through 2023
- President and CEO Nicholas Rodway spoke with Simon Druker about the news
- Core Assets is a mineral exploration company focused on acquisition and development in British Columbia
- Core Assets (CC) last traded at $0.295 per share
Core Assets (CC) announces surficial assay results from the Falcon Target.
The historic vein-hosted gold-silver occurrence is 950 m north-northeast of the Jackie CRD Target at the Silver Lime CRD-Porphyry Project, which is part of the company’s Blue Property in the Atlin Mining District of British Columbia.
In 2022, prospecting and sampling located and extended the footprint of vein-hosted Ag-Au mineralization at the Falcon Target by 170 m. Samples of the extension reach up to 19.5 g/t Au, 33 g/t Ag, 0.33 per cent Pb, and 0.30 per cent Sb.
The addition of elevated vein-hosted gold and silver to the Silver
Lime portfolio increases upside potential in terms of metal endowment and exploration optionality.
The company will continue to test and develop high-grade targets through 2023.
President and CEO Nicholas Rodway spoke with Simon Druker about the news.
Prospectivity
Two historical quartz veins at Falcon returned an average grade of 3.67 g/t Au, 2,641 g/t Ag, 0.15 per cent Cu, 2.50 per cent Pb, 3.32 per cent Zn, 5.78 per cent As, and 2.56 per cent Sb over 2.2 m.
To the northwest of Falcon, smaller veins of similar composition graded up to
0.94 g/t Au, 975 g/t Ag, 1.2 per cent Pb, and 0.9 per cent Zn.
Au-bearing semi-massive sulphide-quartz stringer veins and bleeders sampled near Falcon historically assayed up to 1 g/t Au and up to 4,870 g/t Ag. Similar Ag-Au-bearing vein sets have been observed up to 7 km north-northwest of Falcon, as well as in Jackie Target drill hole SLM22-004. Core Assets samples of these veins graded up to 931 g/t Ag with 6.75 g/t Au.
Core Assets is a mineral exploration company focused on acquisition and development in British Columbia.
Core Assets (CC) last traded at $0.295 per share.
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