Satisfies Spending Requirement pursuant to the Newmont Purchase Agreement Kore Mining Ltd. is pleased to announce completion of a major milestone pursuant to the March 2017 Imperial Gold Project purchase agreement between the Company and Goldcorp USA Inc., a wholly owned subsidiary of Newmont Corporation. KORE was required in the Purchase Agreement to spend over $5 million USD by the fifth anniversary of the Purchase [...]
Improving the Lives of Local Stakeholders - Mining with a Difference Kore Mining Ltd. is pleased to announce that in its ongoing efforts to generate positive environmental and social impacts from the Imperial Gold Project, the Company is launching Project ACES - A Clean Environment for the Salton Sea . Project ACES is just one of the many long term positive benefits that KORE's Imperial Gold Project will bring to the [...]
3,000 metre Phase 1 Drill Program Planned to Test Highest Priority Expansion Targets Kore Mining Ltd. is pleased to announce that the United States Forest Service has approved KORE's proposed drill program at the Long Valley Gold Project , located California. A Phase 1, 3,000 meter program is being planned to growth targets . HIGHLIGHTS: Planning up to 3,000 meter Phase 1 core drilling program to test: Underlying sulphide [...]
Ongoing Systematic Exploration to Refine Known Drill Target Areas and Discover More from Untested Anomalies Kore Mining Ltd. is pleased to announce additional positive results from its on-going exploration of the Mesquite-Imperial-Picacho District on the Imperial Gold project , located 14 km southeast from Equinox Gold's operating Mesquite gold mine and 14 km from the historic Picacho gold mine . The ongoing exploration [...]
Kore Mining Ltd. is pleased to provide an update on the Company's Imperial Project , located in Imperial County, California. The Imperial team is continuing to work closely with the Bureau of Land Management to: permit regional exploration drilling in the 28-kilometer Mesquite-Imperial-Picacho District and permit drilling to advance the existing Imperial gold deposit toward feasibility and mine permitting . Imperial [...]
Kore Mining Ltd. is pleased to announce its Board of Directors has formed a new Board Committee, the Environmental, Health, Safety and Sustainability Committee to oversee KORE's environmental, social and governance practices. ESG considerations have come to be recognized by investors, communities and regulators as fundamental to long-term success of any mining company, throughout all stages of their development. The scope [...]
Kore Mining Ltd. is pleased to announce that it has closed its previously announced bought deal public offering . Pursuant to the Offering, the Company issued 8,422,000 units of the Company at a price of $0.95 per Unit for aggregate gross proceeds of $8,000,900. Each Unit consists of one common share in the capital of the Company and one half of one common share purchase warrant . Each Warrant entitles the holder thereof [...]
Kore Mining Ltd. is pleased to announce that as part of its C$8 million bought deal financing through a syndicate of underwriters led by Canaccord Genuity Corp. and including PI Financial Corp. and Cormark Securities Inc. announced on May 11, 2021, the Company has filed the final short form prospectus with the securities commissions in each of the provinces of Canada, other than Québec, and has filed its independent [...]
Kore Mining Ltd. announces that further to the announcement of the C$8 million bought deal financing through a syndicate of underwriters led by Canaccord Genuity and including PI Financial and Cormark Securities on May 11, 2021, the anticipated closing date of the Financing has been extended. The Company is working with the BCSC in connection with its prospectus review process and will be required to file amended [...]
Kore Mining Ltd. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters including PI Financial and Cormark Securities, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 8,422,000 units of the Company at a price of $0.95 per Unit, for aggregate gross proceeds of $8,000,900. Each Unit will consist of one common [...]
Kore Mining Ltd. is pleased to announce that it has entered into a memorandum of understanding with the Bureau of Land Management and engaged a third-party consultant to complete the environmental assessment for KORE's proposed exploration drilling program at the Imperial Gold project. The proposed drill program consists of over 150 drill pads, including new discovery targets on the Mesquite-Imperial-Picacho district [...]
Kore Mining Ltd. is pleased to announce additional positive sampling and mapping program results from Mesquite-Imperial-Picacho District exploration on the Imperial Gold project, located 14 km southeast from Equinox Gold's Mesquite gold mine and 14 km from the historic Picacho gold mine. KORE also announces staking of an additional 4,600 acres of claims, bringing KORE's total to approximately 31,000 acres in the District [...]
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