Core Assets’ drill-ready and easily accessible Laverdiere copper project is part of the giant Blue property and covers a 5 x 8 kilometre underexplored copper porphyry area in northwestern British Columbia. There, the company has identified promising mineralisation in the newly defined Valley Zone around an impressive, donut-shaped geophysical anomaly measuring approximately 1 x 1.2 kilometres, which is interpreted to be a probable high-grade porphyry centre!
As Core Assets states, the Valley Zone represents a highly prospective area of elevated hydrothermal activity and high-grade porphyry copper mineralization located 2km to the southwest and 700m higher than the Main Zone, which was drill tested in 2022. Both high-grade zones remain open for expansion in multiple directions.
Core Assets has now mapped multiple, stratiform mineralised porphyry veins and fractures in altered granodiorite in the Valley Zone and sampled them over a 1km long east-west trend. In 2022, CEO Nick Rodway’s company had already identified up to 3.24% copper (with 82g/t silver, 0.56g/t gold and 0.053% molybdenum) and 0.32% molybdenum (with 1.03% Cu, 4g/t Ag). With the exploration activities carried out last year, 0.83% copper, 47g/t silver, 0.44g/t gold and 0.007% molybdenum were then encountered.
The veins in the Valley Zone, which host significant copper, molybdenum, silver and gold mineralisation up to 20 centimetres thick, are also concentrated in an area of increased structural complexity. And this area coincides with the edges of a 1 kilometer wide and circular (donut-shaped) magnetic low, geophysical anomaly that persists through several data sets.
The project is also considered highly prospective for shear-hosted gold mineralisation, according to Core Assets. The first hole completed at the Laverdiere project in 2022 (LAV22-001) was drilled steeply to the east to test the LFZ and intersected quartz-carbonate-pyrite veins in deformed mafic volcanic rocks that returned 4.59g/t gold over 1.51m at 163.49m depth. The Llewellyn Fault (LFZ) is believed to be spatially associated with gold mineralisation along its entire length (>100 km).
In general, the potential for core assets seems enormous, as the Blue property hosts three copper, molybdenum and silver-bearing porphyries and the associated high-grade massive sulphide skarn deposits, which indicate at least 50 million years of hydrothermal activity extending over a 30-kilometre-long trend. Actually, a unique opportunity in an emerging mining district for strategic investors.
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