Core Assets Corp C.CC

CC hits both CRD and porphyry

[Retiredgeo]

The details of today's press release are sparse.  They have intersected both CRD deposits and another porphyry (at depth?).  This property is going to be worth big bucks.  Forget about the Magnetite skarn, that always was a distraction.

[cbishop]

Thanks for your posts on CC. Do you have any thoughts on the high level of Moly in the core photos? seems there is more Moly than Copper. They describe it as a Mo-Cu porphyry (putting Moly first). Seems unusualy to me, but I'm not a geologist.  

[Retiredgeo]

You can't say much from selected photos.  Cu is usally much higher than Mo in porphyry systems but not necassarily so.   There are Mo-Cu porphyries, Mo-Au porphyries and Climax type Mo porphyries.  High Moly usually goes hand in hand with other heavy rare elements like W, Nb, Ta, Y, REE, U, Th.  We will have to wait for the assays.   The new funding