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Core Assets Corp
Symbol CC
Shares Issued 55,709,701
Close 2022-01-24 C$ 0.50
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Core Assets appoints Barrington VP, Faltinsky director

2022-01-24 10:27 ET - News Release

Mr. Nicholas Rodway reports

CORE ASSETS ANNOUNCES CHANGES TO MANAGEMENT AND ADVISORY BOARD

Core Assets Corp. has appointed Monica Barrington as vice-president of exploration, Joel Faltinsky as a director and David Gower as a technical adviser to the company. The company's Scott Rose has resigned as a director of the company.

Ms. Barrington is an Atlin-based exploration geologist. She graduated with a bachelor of science (honours) degree in earth sciences from Memorial University of Newfoundland and holds a combined nine years of experience in research and mineral exploration in Eastern Canada, as well as the Golden Triangle and Atlin mining camp of northwest British Columbia. Prior to joining the Core Assets team, Ms. Barrington was employed as senior project geologist with Brixton Metals Corp., where her work focused on the advancement of its porphyry-epithermal and orogenic gold targets in British Columbia. During this time, she was responsible for the planning and management of regional exploration programs, logistics, permitting and mine compliance for its Thorn and Atlin Goldfields projects.

Mr. Faltinsky holds a bachelor of engineering, electrical and electronics from James Cook University in Australia and has over eight years experience working in the mining and resources sector. He has experience in operations, engineering, project management, and investor relations in Australia and Canada, with companies including BHP Billiton, BHP Mitsubishi Alliance (BMA), Anglo American, Glencore and Peabody. Notably, Mr. Faltinsky worked on-site at South32's Cannington mine (then BHP Billiton) which is a leading producer of lead, zinc and silver. Recently, he has served as the investor relations manager for Voltaic Minerals Corp., a publicly traded company on the TSX Venture Exchange (TSX-V), and is currently vice-president of First Phase Media, a private digital media agency servicing public companies across Canada including mining and exploration, cannabis, tech, and health care.

Mr. Gower holds a bachelor of science degree in geology from St. Francis Xavier University in Nova Scotia and a master of science degree in earth sciences from Memorial University of Newfoundland. He has been active in the mineral industry for over 30 years, including positions with Noranda Inc. (now Glencore Canada Corp.) as manager of Atlantic Canada exploration, and at Falconbridge Ltd. At Falconbridge, Mr. Gower served as general manager of global nickel and platinum-group-metal (PGM) exploration, and as a member of the senior operating team that approved capital budgets for new mining projects. Mr. Gower has been involved in numerous discoveries and mine development projects including at Raglan, Mattagami and Sudbury, Canada, as well as greenfield discoveries in Brazil and Tanzania. He currently serves as the chief executive officer of Emerita Resources Corp., and as a director of Alamos Gold and Exploits Discovery Corp.

Core Assets' president and CEO, Nick Rodway, comments: "Core Assets' discovery story has been growing rapidly and, as a result of this, we are continuing to grow our team with young, energetic management backed by an experienced advisory board. We are excited to continue the advancement of the Blue property in 2022, and to present the remaining results from the 2021 exploration program. We thank Mr. Scott Rose for his help in the initial listing of the company and his continued support of Core Assets Corp. moving forward."

Promotional activity

Core Assets has engaged CEO Views to author and publish an overview of the company and its business and properties. The article is expected to be published in mid-2022 and will be available solely on CEO Views' website. CEO Views will be paid a cash fee of $9,105.27 for its services. CEO Views is independent to Core Assets.

About Core Assets Corp.

Core Assets is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in British Columbia, Canada. The company currently holds 100-per-cent title ownership in the Blue property, which covers a land area of approximately 108,337 hectares (approximately 1,083 square kilometres). 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. The Blue property hosts a structural feature known as the Llewellyn fault zone (LFZ). This structure is approximately 140 kilometres 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 have been neglected since the last major exploration campaigns in the 1980s. 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 B.C.'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 discovery. Core Assets is excited to become one of the Atlin mining district's premier explorers, where its team believes there are substantial opportunities for new discoveries and development in the area.

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