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Core Assets Corp. ( (TSE:CC) ) has shared an announcement.
Core Silver Corp. has announced the discovery of a new copper-bearing porphyry vein system at Copper Creek, part of the Laverdiere Copper Project in British Columbia. This discovery expands the mineralized footprint to over 4.5 kilometers, highlighting the district-scale potential of the Blue Property. The findings include high-grade copper, silver, and molybdenum assays, indicating a robust hydrothermal system. This development marks a significant step in the company’s exploration efforts, suggesting a substantial long-term value potential for stakeholders.
Spark’s Take on TSE:CC Stock
According to Spark, TipRanks’ AI Analyst, TSE:CC is a Neutral.
Core Assets Corp. is under significant financial strain due to its lack of revenue and persistent losses, which heavily weigh down its overall score. Technical analysis indicates bearish momentum, further adding to the stock’s challenges. Valuation metrics are unfavorable with a negative P/E ratio. However, the recent corporate discovery provides a positive outlook, offering a potential strategic opportunity for future growth.
To see Spark’s full report on TSE:CC stock, click here.
More about Core Assets Corp.
Core Silver Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. The company primarily deals with copper, silver, and molybdenum, with a market focus on district-scale mineral systems.
Average Trading Volume: 52,127
Technical Sentiment Signal: Hold
Current Market Cap: C$11.19M
Learn more about CC stock on TipRanks’ Stock Analysis page.