Assays pending on 7 additional drill holes, all which intercepted quartz veining, including 8 incidents of visible gold in quartz veins Kore Mining Ltd. is pleased to provide an update and early results from the FG Gold Project in the Cariboo Region of British Columbia. Eight large diameter core drill holes for a total of 1,577 meters have been completed and the Company intends to continue drilling once spring break-up is [...]
Kore Mining Ltd. is pleased to announce the closing of the $3,000,000 non-brokered private placement consisting of 6,666,666 shares at a price of $0.45 per share , announced on May 8, 2020. With the completion of this financing, KORE is well funded to aggressively explore its advanced stage and district scale opportunities, while continuing to advance the Imperial project permitting. Exploration Conference Call and [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the OTC Markets Metals & Mining Virtual lnvestor Conference presentations are now available for on-demand viewing. https://tinyurl.com/May2020Metals-MiningVIC The company presentations [...]
Kore Mining Ltd. is pleased to announce a non-brokered private placement of $3,000,000 consisting of 6,666,666 shares at a price of $0.45 per share , subject to the approval of the TSX Venture Exchange. Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially controlled by him, and Macquarie Bank Ltd. are subscribing for the entirety of the Private Placement. Scott Trebilcock, President and CEO stated [...]
Metals & Mining Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming OTC Market's Metals & Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals [...]
Kore Mining Ltd. is pleased to announce results from its ground geophysics program on the Mesquite-Imperial-Picacho District exploration project . Previously, KORE "tuned" the ground geophysics over its Imperial deposit and has now completed initial work using the "tuned" signatures to define exploration targets on the western half of the District exploration project. The District covers 28 kilometer of total strike [...]
US$ 343 million NPV5% with IRR of 44% at US$1,450 per Ounce Gold IMPERIAL PROJECT PEA HIGHLIGHTS: Robust economics: US$ 343 million NPV5% post-tax with 44% IRR at US$1,450 per ounce gold Low capital intensity project with only US$ 142 million pre-production capital cost 146,000 ounces gold per year over 8 years for 1.2 million ounces total production Technically simple project: shallow open pit, run-of-mine heap leach [...]
Kore Mining Ltd. is pleased to announce completion of ground geophysics at the Long Valley gold project which generated additional oxide and potential feeder structure drill targets. This completes the drill targeting geophysics and sampling program announced January 30, 2020. Highlights Completed additional 17.9 line km geophysical surveys Confirmed continuity of potential north-south feeder structures now more than 3.5 [...]
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 [...]