Core Assets Corp. presented assay results from the 2023 shallow drilling campaigns completed at the Jackie and Grizzly CRD targets, part of the Silver Lime CRD-Porphyry Project, central Blue Property, Atlin Mining District of NW British Columbia. In 2023, 8 shallow diamond drill holes totalling 965m were completed at the Jackie CRD Target.

CRM and gold-bearing skarn mineralization highlighted below remain open for exploration in multiple directions and at depth. Highlights from the Jackie CRD Target 7 out of 8 diamond drillholes completed at Jackie intersected massive-to-semi massive sulphide mineralization. SLM23-042 returned 4.55m of 116g/t Ag, 11.7% Pb+Zn, and 0.41% Cu, including 1.10m of 215g/t Ag with 22.1% Pb+Zn, and 0.24% Cu from surface, and 1.25m of 198g/t Ag, 20.8% Pb+Zn, and 1.04% Cu from 2.10m depth.

SLM23-038 intersected 2.20m of carbonate replacement mineralization from 17.05m depth grading 187g/t Ag, 23.9% Pb+Zn, and 0.53% Cu, including 1.15m of 201g/t Ag, 25.7% Pb+Zn, and 0.52% Cu. SLM23-039 intersected 2.55m of 61g/t Ag, 4.8% Pb+Zn, and 0.24% Cu from 8.00m depth, including 0.50m of 307g/t Ag, 24% Pb+Zn, and 1.21% Cu from 10.05m depth. SLM23-039 also returned 1.80m of 68g/t Ag, 7.3% Pb+Zn, and 0.31% Cu from 53.65m depth, including 0.65m of 116g/t Ag, 10% Pb+Zn, and 0.53% Cu.

SLM23-041 intersected multiple zones of CRM including: 2.50m of 16g/t Ag, and 4.4% Pb+Zn from 15.50m depth, including 0.70m of 45g/t Ag, 13.7% Pb+Zn, and 0.21% Cu. 0.50m of 53g/t Ag, 2.3% Pb+Zn, and 0.25% Cu from 66.50m depth. 0.50m of 85g/t Ag, 11.1% Pb+Zn, and 0.12% Cu from 98.90m depth.

0.50m of 28g/t Ag, 3.3% Pb+Zn, and 0.12% Cu, from 108.80m depth. SLM23-043 intersected 18.15m of 24g/t Ag, and 3.3% Pb+Zn, including 1.00m of 152g/t, 19.2% Pb+Zn, and 0.11% Cu from surface, and 1.15m of 206g/t Ag, 24.4% Pb+Zn, and 0.23% Cu from 14.25m depth. SLM23-041 (and SLM23-040) also intersected multiple zones of Au-bearing skarn grading 2.00m of 3.10g/t Au within 10.00m of 0.32g/t Au from 70m depth.

Re-evaluation of 2022 drill core from Jackie identified a mineralized intrusion at 190.70m depth in hole SLM22-004. This intrusion graded 46.7g/t Ag, 0.4% Zn, 0.7% Pb, and 0.19% Cu over 7.90m from 190.70m depth, including 2.00m of 126g/t Ag, 0.8% Zn, 2.0% Pb, and 0.60% Cu, and 0.62m of 338g/t Ag, 2.1% Zn, 5.8% Pb, and 1.55% Cu. Mapping at the Jackie Target in 2023 discovered a similar intrusion outcropping at surface approximately 100m north of the 2022 drilling location.

Outcropping pebble dykes, or tabular pipes of broken (brecciated) country rock, were also found at the Jackie, Gally, and Pete's Targets in 2023. Pebble dykes are common in many productive mining districts globally and can be strong indicators of prolonged magmatic-hydrothermal activity and the presence of a large, mineralized porphyry at depth.