Kore Mining Ltd. is pleased to announce that a diamond drilling program has commenced at its 100% owned FG Gold Project in the Cariboo Region of British Columbia. A minimum 2,000 meter drilling program is designed to test near-surface high-grade targets down structure from past drilling. The drilling contractor is currently mobilizing to site and we expect the drill rig should be turning within the week. KORE CEO Scott [...]
Kore Mining Ltd. is pleased to announce results from H2 2019 exploration programs at the Long Valley gold project that defined a new exploration strategy for both oxides and sulphides and generated high priority drill targets. Highlights Tested new exploration strategy, opening potential for resource expansion and new discoveries Generated data-driven, high priority oxide gold drill targets Defined clear targets for [...]
Kore Mining Ltd. is pleased to announce that it has commenced preparation of a Preliminary Economic Assessment of the Imperial oxide gold deposit . Highlights PEA results expected by early Q2 2020 Simple run-of-mine heap leaching KORE's COO, Marc Leduc, commented, "Imperial is a rare, unmined, at surface oxide gold deposit amenable to simple run-of-mine heap leaching. I have worked closely with and have great confidence [...]
Kore Mining Ltd. is pleased to announce results from Q4 2019 initial exploration program, including ground geophysics at the Imperial gold project . Highlights Confirmed targets close to current resource indicating resource is open for expansion: Down-dip from West, East, and Singer zones Between East and West zones Large open-ended chargeability anomaly under current mineralization and extending along-strike 1.5 km west [...]
0.9 million ounces of indicated oxide gold 1.3 million ounces of inferred oxide gold Kore Mining Ltd. is pleased to announce the publication of a new National Instrument 43-101 technical report and mineral resource estimate for the Company's 100% owned Imperial oxide gold project . The Resource Estimate is similar to the previously disclosed historic 2012 resource estimate in category, tonnes and grade. The Resource [...]
Kore Mining Ltd. announces that it will file an amended National Instrument 43-101 Technical Report and mineral resource estimate for the Company's 100% owned Long Valley Project . The revised Indicated resource of 1,247,000 ounces and Inferred resource of 486,000 ounces are from 66.8 million tonnes of 0.58 grams per tonne and 23.6 million tonnes of 0.65 grams per tonne respectively. The Technical Report, titled [...]
Kore Mining Ltd. is pleased to announce Newmont Goldcorp Corp. has agreed to accept common shares of KORE in settlement of a future US$1 million payment to Newmont Goldcorp on announcement of an economic assessment for the Imperial gold project. The agreement is an amendment to the March 2017 Imperial purchase agreement with Goldcorp USA Inc., a wholly owned subsidiary of Newmont Goldcorp. "This agreement provides KORE [...]
Kore Mining Ltd. is pleased to announce effective November 13, 2019, the Company's common shares will commence trading on the OTCQB® Venture Market in the United States under the symbol "KOREF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "KORE". Scott Trebilcock, KORE's CEO, comments, "This launch is another milestone that will amplify our US marketing efforts with [...]
Kore Mining Ltd. is pleased to announce that Marc Leduc is joining KORE to lead development of the Company's Imperial heap leach gold project as Chief Operating Officer . KORE CEO Scott Trebilcock commented, "KORE is excited to welcome Marc to our team. Marc brings a rare combination of technical and jurisdictional experience that will be a great asset to the Imperial gold project and the Company. I am further [...]
Kore Mining Ltd. is pleased to announce that at the Annual General Meeting of the shareholders held on October 10, 2019 , the shareholders elected Brendan Cahill, James Hynes, Robert MacDonald, Harry Pokrandt, Adrian Rothwell and Scott Trebilcock as directors of the Company for the forthcoming year. All motions, including the Company's stock option plan and appointment of the Company's auditors, were passed with over 51 [...]
Kore Mining Ltd. – TSXV: KORE is pleased to announce that it has staked a large exploration land position around the Imperial project . The newly staked claims extend from the operating Mesquite mine to the depleted Picacho mine over a 28 km trend with Imperial roughly equidistant between the two. The staked area is largely under-cover with minimal outcrop and has not been subject to modern exploration [...]
Kore Mining Ltd. is pleased to announce the closing of the $3,000,000 non-brokered private placement with Mr. Eric Sprott through 2176423 Ontario Ltd. consisting of 10,000,000 common shares at a price of $0.30 per share , announced August 16, 2019. Scott Trebilcock, President and CEO stated "In an environment with an increasing gold price, KORE and other under-valued gold resources have strong leverage to the gold price [...]