Retreating Glaciers Provide Novel Opportunities For Core Assets’ Mineral Exploration
As glaciers recede in northern British Columbia, unique opportunities for mineral exploration emerge from newly revealed terrain. One example is equity holding Core Assets Corp.’s Blue Property which straddles the retreating Willison Glacier 48 km southwest of Atlin, B.C. near the borders with Alaska and the Yukon Territory.
Here recent field activity, undertaken by staff geologists from Dahrouge Geological Consulting, including surface and channel sampling of massive sulphide occurrences, has uncovered what Nick Rodway, Core’s CEO & President believes to be a massive 6.6km long by 1.8km wide carbonate replacement style deposit.
Core Assets’ President & CEO Nick Rodway standing on a massive sulfide at the Grizzly Manto, Blue Property. The Willison Glacier is visible in the background.
Geologist Nate Schmidt of Dahrouge Geological Consulting standing by a pristine carbonate replacement outcrop.
Massive sulfide channel sample CH11-01 consisting of massive galena and sphalerite from the Jackie Prospect. This particular sample returned average assays of 851g/t Ag, >20% Pb, 10% Zn & 0.28% Cu.
President & CEO Nick Rodway standing on limestone bedding with a carbonate replacement massive sulfide occurrence at the Jackie Prospect.
President & CEO Nick Rodway takes a break at a channel sampling site at the Blue Property’s Grizzly Manto.
Sulfide City whaleback showing consisting of classic Zn-Cu skarn hosted in bedded limestone and exposed for over 300 metres.
About Core Assets Corp. CSE:CC
Core Assets Corp. is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in British Columbia, Canada. The company currently holds 100% title ownership in the Blue Property, which covers a land area of ~108,337 Ha (~1,083 km²). The project lies within the Atlin Mining District, a well-known gold mining camp located in the unceded territory of the Taku River Tlingit First Nation and the Carcross/Tagish First Nation. The Property hosts a major structural feature known as The Llewellyn Fault Zone. This structure is approximately 140 km in length and runs from the Tally-Ho Shear Zone in the Yukon, south through the property to the Alaskan Panhandle Juneau Ice Sheet in the United States.
Core Assets believes that the south Atlin Lake area and the LFZ has been neglected since the last major exploration campaigns in the 1980’s. The LFZ plays an important role in mineralization of near surface metal occurrences across the Property. The past 50 years have seen substantial advancements in the understanding of porphyry, skarn, and carbonate replacement type deposits both globally and in BC’s Golden Triangle. The company has leveraged this information at the Blue Property to tailor an already proven exploration model and believes this could facilitate a major discovery. Core Assets is excited to become one of Atlin Mining District’s premier explorers where its team believes there are substantial opportunities for new discoveries and development in the area.