Core Assets Corp - Making Atlin Great Again.
Core Assets Corp - Making Atlin Great Again.
Core Assets ($CC.CN) ($CCOOF.OTC.QB) has always been one of the lads favorite mining stories and there couldn’t be a more exciting time for this junior company than right now - It’s drilling season baby! So enjoy a short read on all the goods Core Assets brings to the table and an overview of their current drill program.
Introduction to the team:
Core assets has one of the youngest and hungriest management teams listed on the CSE, which in my mind is a fantastic thing. Nothing like having a team whose hell-bent on making their mark in this industry rather than old dogs trying to cash out one more time.
Meet the mastermind at the helm: Nicholas Rodway P.GEO, the CEO & President who's not just talking the talk, but walking the walk. He's gone all-in, backing up his confidence with a whopping 5,000,000+ shares of his own, hard-earned wealth invested right into the company. There is nothing like a passionate CEO with some real skin in the game. It’s one of the strongest catalysts out there.
What is a CRD?
Today, we're diving into the fascinating world of Carbonate Replacement Deposits, also known as CRDs. These deposits are like the sexy Latina swimsuit models of the mineral realm, hosting some precious Ag-Pb-Zn (silver, lead, and zinc) aka “The Juice”. In the mineral collector world crystals from these CRDs can be referred to as “Museum Pieces” or “Hollywood Samples” due to their perfect crystal structure and overwhelming beauty... Now, to form these hot deposits, you need some serious heat – we're talking over 250 degrees Celsius! It's like turning up the thermostat to the max and transforming sedimentary rocks into a metallic extravaganza.
Picture this: metal-bearing solutions playing matchmaker at a rock party, converting the usual carbonates into a treasure trove of metallic minerals. It's like alchemy, but with rocks... And when these metallic riches replace the bedding plane of a rock, we've got ourselves a manto ore deposit – a cozy hug of valuable minerals snuggled up with their sedimentary buddies.
So there you have it, the intriguing tale of CRDs – the hot and happening rock transformations that bring us some precious Ag-Pb-Zn delights. However, one of the most unique and spectacular parts of Core Assets and their CRD story is - not only are they rich in Ag, Pb, & Zn they also have Au & Cu in the mix. It’s a full blown metallix extravaganza in their ground and all the minerals are invited.
WHY CORE ASSETS?
WORLD CLASS PORPHYRY-CRD-SKARN DEPOSIT POTENTIAL:
Curious to know what's sparking our excitement for Core Assets? Brace yourself, because Core Asset Corp ($CC.CN) ($CCOOF.OTC.QB) is on the move with a sexy new poly-metallic venture right in our very own British Columbia, Canada. Don't bust your load quite yet, because the preliminary results from Core Asset's Silver Lime Project, nestled within the dynamic Blue Property, are sending signals that this could be the genesis of a game-changing porphyry-CRD deposit on a global scale.
In 2022, their FIRST year of drilling at Silver Lime (Grizzly CRD Target), the drill bit did the tango with the Earth and uncovered a whopping 5.64 meters of 659g/t AgEq (that's like finding a silver treasure chest with 254g/t of shiny silver, plus a generous sprinkling of 5.1% lead, 4.8% zinc, 0.11% copper, and just a hint of 0.12g/t gold). And if your not foaming at the mouth from that, they also hit – a jaw-dropping 1.16 meters of 3,056g/t AgEq (think 1,145g/t silver, a lead and zinc duo at 23.2% each, a sizzling 0.52% copper, and a touch of 0.37g/t gold) from only 58.54 meters below the surface. These are results I'd expect from years into exploration, to uncover such substantial intercepts on their first crack at the bottle tells me one of two things. This Rodway guy can smell metal like a dog does ass, or there is more Juice hiding than Lance Armstrong after winning his 7th Tour De France.
But wait, there's more, fast forward to March 2023, and there's more substance at the Silver Lime project than in the Roxy handicap-stall. They just yanked out 1.25 meters of 215g/t of silver, along with a dash of 18.8% Pb + Zn combined. If there was anymore metal in that hole they may have to list on Spotify instead of the CSE.
2023 DRILL SEASON KICK OFF: NO SWEETER TIME
In the upcoming Phase I 2023 Exploration Program for the Silver Lime Project, a substantial +3,500 meters of precision-oriented HQ-sized diamond drilling will take center stage. The primary objective of this drilling effort is to stretch the boundaries of high-grade massive sulphide carbonate replacement mineralization, pursuing extensions both downward and along the strike at the Grizzly, Pete's, and Gally Carbonate Replacement (CRD) targets.
Core Assets is making waves as they dive into their Silver Lime project. In an earlier release, they unveiled a promising development – a fresh CRD target known as "Petes”. just 1.7 kilometers northwest of the renowned Grizzly CRD. Now in a recent release they just confirmed the discovery of a new Zn-Pb-Ag±Cu-rich CRD (carbonate replacement) at shallow depths. Impressively, 12 out of 15 drill holes have intersected intervals of substantial carbonate replacement. Here are the juicy results they got…
- SLM23-028 intersected 6.40m grading 159g/t Ag, 8.7% Pb, 7.7% Zn, 0.23% Cu, and 0.02g/t Au from 27.43m depth, including 0.57m of 301g/t Ag, 11.5% Pb, 10.7% Zn, 0.31% Cu, and 0.01g/t Au.
- SLM23-019 intersected 2.12m grading 260g/t Ag, 5.2% Pb, 5.9% Zn, 0.19% Cu, and 0.05g/t Au from 34.53m depth, including 0.60m of 472g/t Ag, 6.8% Pb, 8.3% Zn, 0.33% Cu, and 0.12g/t Au.
- SLM23-016 intersected 3.33m of 138g/t Ag, 7.2% Pb, 7.3% Zn, 0.54% Cu, and 0.03g/t Au from surface, including 1.25m of 241g/t Ag, 13.4% Pb, 17.0% Zn, 0.77% Cu, and 0.05g/t Au.
- SLM23-020 intersected 4.20m of 111g/t Ag, 2.8% Pb, 3.2% Zn, 0.10% Cu, and 0.02g/t Au from 32.30m depth, including 1.00m of 296g/t Ag, 7.5% Pb, 9.5% Zn, 0.25% Cu, 0.03g/t Au.
And this is basically at the surface! If you don’t know what you just read - send it to your geologist buddy and watch their reaction, it should say it all.
Share Structure & Tight Hands
This young company has only 100 million shares out for and a market capitalization of about $20 million and insiders own a collective 23% which leaves the rest up for grabs for regular folks.
Core Assets ($CC.CN)($CCOOF.OTC.QB) boasts a squad that's not just waving pom-poms and yelling from the bleachers – they're diving headfirst into the founder spirit pool. They've rejected the "Howe St. promoter" manual and decided to write their own playbook.
Now, picture this: They could've grabbed a money bag and shaken it for all its worth, but nope, they played it cooler than the other side of the pillow. When the share price wasn't strutting its stuff because of a lousy market, did they panic? Nah. Did they raid fancy restaurants and order the priciest dishes? Not even close. Instead, they put on their hard hats and decided to throw the capital straight into the ground, all for that drill program. No salary splurges or expensive bill shenanigans. Further showing the market how much conviction they truly have in their project.
You know how startup companies love to boast about having their stock locked up tight like a vault, but it usually turns out to be a paper parade that everyone and their uber driver has their hands on.
Well, let me introduce you to some of the top shareholders of the company, Zimtu Capital has got their stock so snug, it’s like trying to fit into skinny jeans after thanksgiving. And guess who's holding the fort? Zimtu Capital Corp, the OG supporter who saw the spark in Nicholas Rodway's genius and threw down the very first check, shouting, "Go find some juice up there" They're not just dipping their toes – they've dunked their feet in, owning a cool 8%of the company, which translates to a whopping 8.5 million shares and the best part is Zimtu Capital is notorious for holding its stock in companies and seeing projects through.
But wait, the train doesn't stop there. We've got Crescat Capital in the mix – a USA based hedge-fund/Qualified Institutional Buyer with a junior mining division led by the rockstar geologist, Dr. Quinton Hennigh. These folks have a piece of the pie too, coming in at around 19.8% of the company, giving them a nifty 7.8 million shares to call their own.
Lastly, behold, the man, the myth, the legend – Nicholas Rodway himself, striding in with a 6.39% ownership that equates to 5.4 million shares. He's not just talking the talk, he's walking the wallet – consistently buying more shares on the open market.
BOTTOM LINE:
In the realm of early-stage tales, it doesn't get more intriguing than this. A team fueled by youthful passion, ravenous for success, and a mission to prove themselves. All this, while the stock is currently at a modest trading price of just $0.20 cents per share. In my personal view, the potential gains far outweigh the risks, and I'm strapping in for the long haul to witness this narrative unfold. It's not an exaggeration to speculate that we might be on the brink of one of the most significant discoveries in our lifetime. Not financial advice, but you know what to do now, don't be shy - you know what they say; The drill doesn't lie.
Disclaimer:
This article has been prepared and distributed by VHLA Media for informational purposes only. The opinions expressed in this article are solely those of VHLA Media and do not constitute financial, investment, or trading advice. The content provided in this article is based on our independent analysis and interpretation of publicly available information about Core Assets Corp as of the date of publication.
VHLA Media wishes to emphasize that it has not received any compensation from Core Assets Corp or any third party in connection with the creation and distribution of this article. Our analysis and views presented in this article are purely our own and are not influenced by any financial arrangement or consideration.
It is important for readers to understand that investing in stocks, including Core Assets Corp, involves risks, and the value of investments can fluctuate. Before making any investment decisions, readers are strongly encouraged to conduct their own research, consider seeking advice from qualified financial professionals, and carefully evaluate their risk tolerance.
Furthermore, it should be noted that VHLA Media holds a position in Core Assets Corp stock. However, we want to emphasize that our intention is not to influence the market or provide any form of financial recommendation. We have a long-term perspective and currently do not have plans to sell our stock holdings.
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Once again, we stress that this article represents our opinion and analysis as of the publication date, and it should not be considered as professional financial advice. Investing in stocks carries inherent risks, and readers should undertake their own due diligence and consult with qualified financial advisors before making any investment decisions.
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