KORE VALUE

KORE Value

With Multiple Near-Term Catalysts

Q1 - 2021

SPIN-OUT
Canadian assets to Karus Gold, KORE 100% focus on U.S. assets

EXPLORATION
Programs commence at Imperial and Long Valley

Q2 - 2021

PERMITTING PROGRESS
MOUs signedon both projects to advance drill permitting

NEW DISCOVERY @ IMPERIAL
in dry streambeds of newly staked ground between Imperial and Picacho deposits

LONG VALLEY PERMIT
drill permit anticipated H1-2021

CONTINUED EXPLORATION
at both projects –geophysics, geochemistry, etc.

Q3 - 2021

DRILL PROGRAM
at Long Valley & Imperial

DRILL RESULTS
from Long Valley

IMPERIAL PERMIT
drill permit anticipated in H2 2021

Q4 - 2021

START MINE PERMITTING
Submit Imperial mine plan of operations

DRILL RESULTS
from Imperial

KORE's 2021 MILESTONES

IMPERIAL DEVELOPMENT:

  • H2 2021 -submit mine permit application
  • Launch Project ACES
  • Continued engagement with stakeholders to build support

LONG VALLEY EXPLORATION:

  • Mid-2021 –drilling permit anticipated
  • Q3/Q4 2021 –initial 5 km core drilling targeting new sulphide discoveries and expanding oxide resource 
  • Ongoing geophysics, satellite alteration and geochemistry follow-up

IMPERIAL EXPLORATION:

  • H2 2021 –drilling permit anticipated
  • H2 2021 through 2022 -10km RC drilling targeting new oxide discoveries 
  • Ongoing geophysics, satellite alteration and geochemistry follow-up

CORPORATE:

  • H2 2021 -potential US listing
  • Continue to build world-class US focused team and Board
  • Ongoing focus on social license and stakeholder relationships

All activities subject to financing, permitting and change without notice. See forward looking statements disclaimer. DISCLAIMER

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