Report
Stephan Bogner

With a portable core drill, Nick tested some discovery outcrops

In 1993, the Newfoundlanders Albert Chislett and Chris Verbiski chipped samples from an iron-stained rock outcrop in the hostile remoteness of northern Labrador. “Within fifteen minutes of standing on the outcrop they realised that they had made a potentially significant mineral discovery,“ the University of Waterloo recalls in the article  (1996).

Almost 30 years later, such out-of-the-blue discoveries of large scale have become exceedingly rare as even the remotest lands might have been walked by prospectors by now.

Last year, Newfoundlander , in his role as Professional Geologist and Director of Core Assets Corp., took a hike across the company‘s Blue Property in northern BC and stumbled upon some rusty outcrops. He chipped off samples, loaded his backpack and returned to civilization, where the rocks were analyzed for its metal content at an independent lab. The results came in late November, , showing up to 9.92% copper, 2,020 g/t silver, 6.75 g/t gold, >30% zinc and >20% lead.

Since then, Nick has become President and CEO of the company, and by the way constantly increasing his stake (currently at >5.2 million shares) as  after  (8.5 million shares). The stock last traded at 53 cents as new investors like  are betting that this summer‘s maiden drill program may prove as making history all over again.

Provider
Rockstone Research
Rockstone Research

Rockstone is a research house specialized in the analysis and valuation of capital markets and publicly listed companies. The focus is set on exploration, development and production of resource deposits as well as marcoeconomic analysis of commodity and currency markets. Our international team of five analysts bring our German and English speaking readership a wealth of experience from the commodity markets: Stephan Bogner (mining analyst), John P. Barry (professional geologist), Chris Berry (macroeconomist), Prof. Dr. Hans Bocker (award-winning book author), and Boris Gerjovic (fundamental analyst).

Analysts
Stephan Bogner

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