Vancouver, BC May 11, 2021 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) 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 Corp. and Cormark Securities Inc. (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 8,422,000 units (the “Units”) of the Company at a price of $0.95 per Unit (the “Offering Price”), for aggregate gross proceeds of $8,000,900 (the “Offering”).
KORE Mining Advances Exploration Drill Permitting at Imperial Gold Project
Vancouver, BC April 26, 2021 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce that it has entered into a memorandum of understanding with the Bureau of Land Management (“BLM”) and engaged a third-party consultant to complete the environmental assessment for KORE’s proposed exploration drilling program at the Imperial Gold project (“Imperial”).
KORE Mining Discovers Gold in Dry Stream Beds on Newly Staked Ground Between Imperial and Picacho Deposits
Vancouver, BC April 13, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce additional positive sampling and mapping program results from Mesquite-Imperial-Picacho District (“District”) exploration on the Imperial Gold project (“Imperial”), located 14 km southeast from Equinox Gold’s (TSX: EQX) Mesquite gold mine (“Mesquite”) and 14 km from the historic Picacho gold mine (“Picacho”).
KORE Mining Advances Exploration Permitting at Long Valley Gold-Silver Project
Vancouver, BC April 8, 2021 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce that it has entered into a memorandum of understanding with the United States Forest Service (“USFS”) and has engaged a third party consultant to complete the environmental review for KORE’s proposed exploration drilling program.
KORE Mining Announces 2021 Exploration Plan at the Long Valley Gold-Silver Project
Vancouver, BC March 23, 2021 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce the 2021 exploration plan for the Long Valley gold and silver project (“Project”).
KORE Mining Launches Exploration Programs to Follow up Successful Target Generation at Imperial
Vancouver, BC March 9, 2021 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce that, due to the success of its target generation work, the Company has launched multiple new field programs to systematically explore the Mesquite-Imperial-Picacho gold district (“District”), part of the Imperial Gold project (“Imperial”).
KORE Mining Announces Appointment of Vice President, Investor Relations
Vancouver, BC February 17, 2021 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce the appointment of Liz Monger as Vice President, Investor Relations, effective February 17 2021.
KORE Mining Focused on Advanced US Gold Projects for Growth in 2021
Vancouver, BC February 3, 2021 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce plans for systematic 2021 exploration at both the Imperial Gold project (“Imperial”) and the Long Valley Gold project (“Long Valley”) where successful 2020 target generation programs identified an array of resource growth and new discovery drill targets.
KORE Mining Completes Spin Out Transaction Creating Karus Gold, A Leading British Columbia Gold Explorer
Vancouver, BC January 25, 2021 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) and Karus Gold Corp. (“Karus Gold”) are pleased to announce that they have closed the plan of arrangement (the “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. (Vancouver time) (the “Effective Time”) on January 25, 2021 (the “Effective Date”).
KORE Mining Shareholders Overwhelmingly Approve Spin-Out of British Columbia Exploration Assets Creating Karus Gold
Vancouver, BC January 20, 2021 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce that with respect to its special meeting of shareholders held today (the “Meeting”), all of the resolutions were duly passed, including the special resolution (the “Arrangement Resolution”) to approve the proposed plan of arrangement (the “Arrangement”) pursuant to which KORE will spin-out its British Columbia exploration assets to Karus Gold Corp. (“Karus Gold”).
KORE Mining Provides Update on Spin Out of Karus Gold Creating BC Focused Gold Explorer
Vancouver, BC January 05, 2021 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to provide an update on the proposed transfer of all of its British Columbia (“BC”) gold exploration assets (“Spin Out”) into a newly incorporated company called Karus Gold Corp. (“Karus” or “Karus Gold”).
KORE Mining Announces Grant of Annual Incentive Awards
Vancouver, BC December 31, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) announces that it has granted an aggregate of 248,000 restricted share units (“RSUs”), 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 the approval of the TSX Venture Exchange.
KORE Mining Announces Receipt of Interim Order and Filing of Management Information Circular for Special Meeting to Approve the Spin-Out of Karus Gold
Vancouver, BC December 23, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce that it has obtained an interim order from the Supreme Court of British Columbia for its previously announced proposed plan of arrangement (the “Arrangement”), pursuant to which the Company plans to transfer all of its British Columbia gold exploration assets (“Spin-out”) into Karus Gold Corp. (“Karus” or “Karus Gold”).
KORE Mining Announces Spin-Out of Karus Gold Corp. Creating BC Focused Gold Explorer
STRATEGIC POSITION IN BC’S CARIBOO GOLD DISTRICT WITH FLAGSHIP FG GOLD PROJECT Following the Spin-out, one hundred percent of Karus Gold common shares (the “Karus Shares”) will be distributed to KORE shareholders on a pro rata basis to their KORE holdings. Karus Gold will not initially be listed on a public stock exchange but will operate as a reporting issuer in British Columbia and Alberta. In early 2021, Karus Gold intends to conduct a rights offering to all Karus shareholders to initially capitalize the company, followed by a planned public stock exchange listing in the first half of 2021.
KORE Mining Discovers Gold in Dry Stream Beds Between Imperial and Mesquite Increasing Confidence for New Gold Discoveries
Vancouver, BC December 8, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce positive sampling and mapping program results from the Mesquite-Imperial-Picacho District exploration (“District”) on the Imperial Gold project (“Imperial”), which is nine miles southeast from Equinox Gold’s (TSX: EQX) Mesquite gold mine (“Mesquite”).
KORE Mining Adds District Scale Exploration Land Position to Long Valley Project Including New Near Resource Gold Exploration Targets
Vancouver, BC December 1, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce the staking of 14,104 acres of additional claims at the Company’s 100% owned Long Valley Gold Deposit (“Long Valley” or “Project”), 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.
KORE Mining Considering Spin-Out of South Cariboo Gold Exploration Assets to KORE Shareholders
Vancouver, BC November 24, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) 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” (“Transaction”) to KORE shareholders.
KORE Mining Drills 31.3 Meters of 3.2 g/t Gold Including 14.3 Meters of 6.4 g/t Gold in Large 215 Meter Step-Out at FG Gold Project
Vancouver, BC November 11, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) announces that drill hole FG-20-377 intercepted 31.3 meters of 3.2 g/t gold, including 14.3 meters of 6.4 g/t gold, starting at 369 meters downhole in the Lower Zone of the FG Gold Project (“Project” or “FG Gold”) in the Cariboo Region of British Columbia. This news release reports assays from drill hole FG-20-377, part of the 15-hole, 5,746 meter summer drill program at FG Gold with assays from 14 additional holes pending.
KORE Mining Announces Filing of the Positive Long Valley PEA Technical Report with After-Tax US $273M NPV5% and 48% IRR at US $1,600 Gold
Vancouver, BC October 27, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce filing of the NI 43-101 Technical Report entitled “Preliminary Economic Assessment – Technical Report for the Long Valley Gold Project, California, USA” for the previously announced positive Preliminary Economic Assessment (“PEA”) for the Company’s 100% owned Long Valley Gold Deposit (“Long Valley” or “Project”), located in California, USA. The results of the PEA were reported in the Company’s press release dated September 15, 2020.
KORE Mining Continues to Discover New Mineralization Down Dip and on Strike at FG Gold and Extends Drill Program in South Cariboo Gold District
Vancouver, BC October 22, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) announces that the Company has completed the 15 hole 5,746 meter drill program (the “Program”) at the FG Gold project with first assay results to be released in early November. The Program discovered multiple new quartz vein systems with numerous encounters of visible gold, that have the potential to expand the mineralized footprint both at depth and along strike.
KORE Mining Announces 2020 AGM Results
Vancouver, BC October 9, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce the results of voting at its annual general and special meeting of shareholders which was held today in Vancouver, British Columbia (the “Meeting”). All matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, dated September 4, 2020
KORE Mining Announces Results From PEA – US$ 263M NPV 5% With IRR of 40% Using US $1,600 Gold at Long Valley Gold Deposit
Vancouver, BC September 15, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce a positive Preliminary Economic Assessment (“PEA”) for the Company’s 100% owned Long Valley Gold Deposit (“Long Valley” or “Project”), located in California, USA. The PEA demonstrates Long Valley’s potential to generate strong economic returns while being in full compliance with California’s stringent operating and reclamation standards.
KORE Mining Appoints Former Balmoral Geologist as VP Exploration and Enhances Development Team
Vancouver, BC September 1, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) is pleased to announce it has appointed Mr. Michael Tucker as VP Exploration. Mr. Tucker is the former exploration manager for Balmoral Resources, which was recently acquired by Wallbridge Mining Company (TSX: WM). KORE is also pleased to announce two appointments to our US based development team responsible for permitting the Imperial gold project. The Company remains on-track to deliver the Long Valley project preliminary economic assessment, expected in the coming weeks, followed by FG Gold project drill results.
KORE Mining Launches Preliminary Economic Assessment for Long Valley Gold Project
Vancouver, BC August 18, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) has commenced work on a Preliminary Economic Assessment (“PEA”) of the Long Valley project (“Project” or “Long Valley”) located in Mono County, California. Engineering is well advanced, with results expected in late Q3 2020. Scott Trebilcock, President and CEO stated, “Long Valley is a large, shallow gold deposit with great oxide heap leach metallurgy.
KORE Mining Begins Trading on OTCQX Market Under Symbol KOREF
Vancouver, BC August 13, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company”) announces the Company has started trading on the OTCQX Best Market in the United States as of today. OTC Markets Group Inc. (OTCQX: OTCM) is operator of financial markets for 11,000 U.S. and global securities. KORE upgrades to the OTCQX market from the OTCQB market however the ticker symbol remains “KOREF”.
KORE Mining Takes Dominant Position in Cariboo Gold District Increasing Claims by 330% to 1,000 Square Kilometres
Vancouver, BC July 30, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) announces that the Company has increased its land holding in the Cariboo Gold District (“District”) of British Columbia by 330%. KORE is now the dominant land holder of the southern half of the District with Osisko Gold Royalties Ltd’s (TSX:OR) Barkerville / Cariboo Gold Project controlling the north.
KORE Mining Closes the Second Tranche of the $7.5 Million Strategic Investment
Vancouver, BC July 28, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce the closing of the second tranche of the previously announced $7,500,000 non-brokered private placement consisting of 6,000,000 units at a price of $1.00 per unit (“Non-FT Units”) and 1,000,000 units of flow through units at $1.50 (“FT Units”) (collectively, the “Private Placement”). The first tranche of Non-FT Units closed July 22, 2020 and the second tranche of Non-FT Units closed today.
KORE Mining Drills 11.0 Meters of 10.0 g/t Gold Near Surface and Extends Lower Zone Discovery with 52.5 Meters of 1.1 g/t Gold at FG Gold Project
Vancouver, BC July 23, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) announces that drill hole FG-20-373 intercepted 11.0 meters of 10.0 g/t gold starting at 44.0 meters downhole in the Upper Zone of the FG Gold Project (“Project” or “FG Gold”) in the Cariboo Region of British Columbia. Drilling has also extended the June 2020 Lower Zone discovery with a new intercept of 52.5 meters of 1.1 g/t gold starting at 122.5 meters downhole in drill hole FG-20-375.
KORE Mining Accelerates Exploration with Closing of the First Tranche of the $7.5 Million Strategic Investment with Eric Sprott
Vancouver, BC July 22, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce the closing of the first tranche of the previously announced $7,500,000 non-brokered private placement consisting of 6,000,000 units at a price of $1.00 per unit (“Non-FT Units”) and 1,000,000 units of flow through units at $1.50 (“FT Units”) (collectively, the “Private Placement”).
KORE Mining Accelerates Warrant Expiry Date Forecasting C$12.5 Million Cash on Hand
Vancouver, BC July 13, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) announces that the Company has elected to exercise its right under the warrant indenture (the “Warrant Indenture”) governing the common share purchase warrants of KORE issued on October 30, 2018 (the “Warrants”) to accelerate the expiry date of the Warrants. Approximately 1.4 million Warrants are currently outstanding and are subject to the acceleration.
KORE Mining Announces Further $7.5 Million Strategic Investment by Eric Sprott to Accelerate Growth
Vancouver, BC June 29, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce it intends to complete a non-brokered private placement to raise gross proceeds of up to $7,500,000 consisting of 6,000,000 subscription receipts at a price of $1.00 per unit (“Non-FT Units”) and 1,000,000 subscription receipts for flow through units at $1.50 (“FT Units”) (collectively the “Private Placement”), subject to the approval of the TSX Venture Exchange and required shareholder approval.
KORE Mining Mobilizes New Exploration Program at Mesquite East and Imperial West
Vancouver, BC June 23, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce is mobilizing a ground geophysics and surface sampling program (“New Exploration Program”) on the Mesquite East and Imperial West areas of the Mesquite-Imperial-Picacho District exploration project (“District”) to generate further drill targets. KORE is also permitting the highest priority drill pads for District targets towards the Mesquite Mine (Equinox Gold | TSX:EQX) and in and around the current Imperial resource.
KORE Mining Drills 32 Meters of 3.0 g/t Gold Near Surface and Discovers New Zone with 10 Meters of 3.9 g/t Gold Below Existing FG Gold Resource
VANCOUVER, BC, June 10, 2020 – KORE Mining Ltd. (TSXV: KORE) (OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce drill hole FG-20-369 intercepted 32 meters of 3.0 g/t gold starting at 22 meters and discovered a new zone with 10 meters of 3.9 g/t gold starting at 237 meters at the FG Gold Project (“Project” or “FG Gold”) in the Cariboo Region of British Columbia.
KORE Mining Files Technical Report for Positive Imperial Gold Project Preliminary Economic Assessment
Vancouver, BC May 20, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce it has filed the technical report (“TR”) supporting the positive Preliminary Economic Assessment (“PEA”) for the Company’s 100% owned Imperial Oxide Gold Deposit (“Imperial” or “Project”), located in California, USA.
KORE Mining Drills 76.5 Meters of 1.1 g/t Gold at Surface in First Hole at FG Gold Project and Finds Quartz Veining Below Existing Resource
Vancouver, BC May 19, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to provide an update and early results from the FG Gold Project (“Project” or “FG Gold”) in the Cariboo Region of British Columbia. Eight large diameter (HQ) 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 complete in mid-June. Assays from the top of the first hole are included in this news release.
KORE Mining Closes Eric Sprott and Macquarie Bank Investment and Announces Exploration Webcast
Vancouver, BC May 14, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) 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 (the “Private Placement”), 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.
KORE Mining Announces $3 Million Strategic Investment by Eric Sprott and Macquarie Bank
Vancouver, BC May 8, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce a non-brokered private placement of $3,000,000 consisting of 6,666,666 shares at a price of $0.45 per share (the “Private Placement”), subject to the approval of the TSX Venture Exchange.
KORE Mining Defines Gold Exploration Targets Adjacent to Imperial and Extending to the Mesquite Mine
Vancouver, BC April 29, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce results from its ground geophysics program on the Mesquite-Imperial-Picacho District exploration project (“District” or “Project”). Previously, KORE “tuned” the ground geophysics over its Imperial deposit and has now completed initial work using the “tuned” signatures to define exploration targets on the western half of the District exploration project.
KORE Mining Announces Positive Preliminary Economic Assessment for Imperial Oxide Gold Deposit
US$ 343 million NPV5% with IRR of 44% at US$1,450 per Ounce Gold. Vancouver, BC April 6, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce a positive Preliminary Economic Assessment (“PEA”) for the Company’s 100% owned Imperial Oxide Gold Deposit (“Imperial” or “Project”), located in California, USA. The PEA demonstrates Imperial’s potential to be a robust mid-tier gold mine with compelling project economics.
KORE Mining Generates Additional Drill Targets At Long Valley Gold Project
Vancouver, BC March 24, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce completion of ground geophysics at the Long Valley gold project (“Long Valley” or “Project”) which generated additional oxide and potential feeder structure drill targets. This completes the drill targeting geophysics and sampling program announced January 30, 2020.
KORE Commences Drilling for High-Grade Gold Structures at the FG Gold Project in BC
Vancouver, BC February 20, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce that a diamond drilling program has commenced at its 100% owned FG Gold Project (“Project” or “FG Gold”) 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 Mining Generates Resource Expansion Drill Targets for Long Valley Gold Project
Vancouver, BC January 30, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce results from H2 2019 exploration programs at the Long Valley gold project (“Long Valley” or “Project”) that defined a new exploration strategy for both oxides and sulphides and generated high priority drill targets.
KORE Mining Commences Preliminary Economic Assessment of Imperial Oxide Gold Deposit
Vancouver, BC January 13, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce that is has commenced preparation of a Preliminary Economic Assessment (“PEA”) of the Imperial oxide gold deposit (“Deposit” or “Imperial”).
KORE Generates Drill Targets for Imperial Resource Expansion and Commences District Exploration
Vancouver, BC January 7, 2020 – KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce results from Q4 2019 initial exploration program, including ground geophysics at the Imperial gold project (“Imperial” or “Project”).
KORE Mining Releases Mineral Resources Estimate at Imperial Gold Project
Vancouver, British Columbia, December 30, 2019 – KORE Mining Ltd. (“KORE” or the “Company”) is pleased to announce the publication of a new National Instrument 43-101 technical report (“Technical Report”) and mineral resource estimate (the “Resource Estimate”) for the Company’s 100% owned Imperial oxide gold project (“Imperial” or “Project”). The Resource Estimate is similar to the previously disclosed historic 2012 resource estimate in category, tonnes and grade.
KORE Mining to File Amended Technical Report at Long Valley Gold Project
Vancouver, British Columbia, December 18, 2019 – KORE Mining Ltd. (“KORE” or the “Company”) (TSX-V: KORE | OTCQB: KOREF) announces that it will file an amended National Instrument 43-101 Technical Report (“Technical Report”) and mineral resource estimate (“Resource Estimate”) for the Company’s 100% owned Long Valley Project (“Long Valley” or “Project”).
KORE Mining Announces Agreement with Newmont Goldcorp
Vancouver, November 27, 2019 – KORE Mining Ltd. (TSX-V: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce Newmont Goldcorp Corporation (“Newmont Goldcorp”) 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 (“Amendment”) to the March 2017 Imperial purchase agreement (“Purchase Agreement”) with Goldcorp USA Inc., a wholly owned subsidiary of Newmont Goldcorp.
KORE Mining Commences Trading on the OTCQB
Vancouver, November 13, 2019 – KORE Mining Ltd. (TSX-V: KORE | OTCQB: KOREF) (“KORE” or the “Company”) is pleased to announce effective November 13, 2019, the Company’s common shares will commence trading on the OTCQB® Venture Market (“OTCQB”) in the United States (“US”) under the symbol “KOREF”. The Company’s common shares will continue to trade on the TSX Venture Exchange (“TSX-V”) under the symbol “KORE”.
KORE Mining Appoints Marc Leduc to Lead Imperial Project as Chief Operating Officer
Vancouver, October 29, 2019 – KORE Mining Ltd. (TSX-V: KORE) (“KORE” or the “Company”) 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 (“COO”). 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.
KORE Mining Announces Results of Annual General Meeting
Vancouver, British Columbia, October 11, 2019 – KORE Mining Ltd. (“KORE” or the “Company”) (TSXV: KORE) is pleased to announce that at the Annual General Meeting of the shareholders held on October 10, 2019 (the “Meeting”), the shareholders elected Brendan Cahill, James Hynes, Robert (Don) 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% of the shares represented in person or by proxy, showing strong support from voting shareholders.