Kore Mining Ltd. is pleased to announce plans for systematic 2021 exploration at both the Imperial Gold project and the Long Valley Gold project where successful 2020 target generation programs identified an array of resource growth and new discovery drill targets. Both Imperial and Long Valley, have district scale potential with over 26,000 and 16,000 hectares of claims respectively, are 100% owned, and have no royalties [...]
Kore Mining Ltd. and Karus Gold Corp. are pleased to announce that they have closed the plan of arrangement previously announced on December 16, 2020, pursuant to which KORE has spun-out its Canadian assets to Karus Gold effective as of 12:01 a.m. on January 25, 2021. KORE CEO and Karus Gold Director, Scott Trebilcock commented, "Karus Gold is well positioned with a large 1,000 kilometer square land position in the [...]
Kore Mining Ltd. is pleased to announce that with respect to its special meeting of shareholders held today, all of the resolutions were duly passed, including the special resolution to approve the proposed plan of arrangement pursuant to which KORE will spin-out its British Columbia exploration assets to Karus Gold Corp. KORE CEO Scott Trebilcock commented, "With the recent high-grade gold discovery at FG Gold of 14.35 [...]
Kore Mining Ltd. is pleased to provide an update on the proposed transfer of all of its British Columbia gold exploration assets into a newly incorporated company called Karus Gold Corp. Updates and Next Steps: Spin Out requires approval at the virtual KORE shareholder meeting on January 20, 2021 Meeting materials filed and mailed in late December 2020 Shareholders encouraged to vote as soon as possible and no later than [...]
Kore Mining Ltd. announces that it has granted an aggregate of 248,000 restricted share units, in accordance with the Omnibus Plan approved by shareholders on October 9, 2020, to certain officers of the Company. The RSUs are payable in common shares of the Company, and vest in tranches over various dates commencing December 2021 through December 2023 and are valid for a term of three years. The grant remains subject to [...]
Kore Mining Ltd. is pleased to announce that it has obtained an interim order from the Supreme Court of BC for its previously announced proposed plan of arrangement, pursuant to which the Company plans to transfer all of its BC gold exploration assets into Karus Gold Corp. The Company has also filed the management information circular and related materials for the special meeting of the KORE shareholders to be held on [...]
Kore Mining Ltd. is pleased to announce plans to transfer all of its British Columbia gold exploration assets into a newly incorporated company: Karus Gold Corp. Highlights of Karus Gold: Unlocks value of BC assets for KORE shareholders through creation of Karus Gold Dominant 1,000 km2 land position in the emerging Cariboo Gold District with Osisko Development Corp. investing heavily to the north Flagship FG Gold project [...]
Additional Soils and Geophysics Planned To Prioritize Drill Targets Kore Mining Ltd. is pleased to announce positive sampling and mapping program results from the Mesquite-Imperial-Picacho District exploration on the Imperial Gold project , which is nine miles southeast from Equinox Gold's Mesquite gold mine . Highlights: Discovered gold in several dry stream beds between Mesquite and Imperial Highlight samples include [...]
Increases Project Scale by 750% with 14,104 Acres of Claims Staked Kore Mining Ltd. is pleased to announce the staking of 14,104 acres of additional claims at the Company's 100% owned Long Valley Gold Deposit , located in California, USA. The claims were staked after prospecting identified additional gold targets to the north, west and east of the current property boundaries. The new claims increase claim area by 750% on [...]
Spin-Out Would Create a Pure Play Exploration Company with A High Grade Gold Discovery and Strategic Land Position in British Columbia Kore Mining Ltd. announces that the Board of Directors is considering maximizing the value of its gold portfolio by splitting KORE's US development assets and Canadian exploration assets into separate publicly listed companies by way of a "spin-out" to KORE shareholders. The Board has [...]
Spin-Out Would Create a Pure Play Exploration Company with A High Grade Gold Discovery and Strategic Land Position in British Columbia Kore Mining Ltd. announces that the Board of Directors is considering maximizing the value of its gold portfolio by splitting KORE's US development assets and Canadian exploration assets into separate publicly listed companies by way of a "spin-out" to KORE shareholders. The Board has [...]
Spin-Out Would Create a Pure Play Exploration Company with A High Grade Gold Discovery and Strategic Land Position in British Columbia Kore Mining Ltd. announces that the Board of Directors is considering maximizing the value of its gold portfolio by splitting KORE's US development assets and Canadian exploration assets into separate publicly listed companies by way of a "spin-out" to KORE shareholders. The Board has [...]
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