Core Assets Corp. announced surficial assay results from rock samples collected at the Kim Target ("Kim") - a historic high-grade Fe-Cu-Ag skarn occurrence located 22 KM north-northwest of the Silver Lime Porphyry-CRD Project("Silver Lime"),north-central Blue Property ("Property"); Atlin Mining District of NW British Columbia. During the 2022 exploration program, regional prospecting and channel sampling extended skarn mineralization at the Kim Target by 425 meters following the southern edge of the inferred Kim Creek Fault - coincident with Kim Creek.

Rock grab samples collected at the historic skarn showing typically contained minerals indicative of supergene enrichment including azurite, chalcocite, and chrysocolla and returned assay values of up to 8.3% Cu, 240g/t Ag, 0.16% Mo, 0.39g/t Au, and 0.21% Zn. Rock samples collected along trend to the southeast yielded higher Zn grades of up to 11.8% Zn with 4.7% Cu, and 137g/t Ag, and local impressive molybdenum (Mo) and tungsten (W) values of 0.35% and 0.29% respectively. Following promising results at the Kim Target, Core Assets increased the size of the Blue Property Mineral Tenure by staking two contiguous claims totalling 2,326 ha that cover the north side of the Kim Creek Fault.

Assay results from 2022 channel sampling collected over a 17m length at the historic Kim Skarn Showing are pending.