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KORE Mining Ltd. (TSXV:KORE) New Listing

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KORE is a development stage company that offers exposure to precious metals exploration and development in North America.

Additional Information:

Company: KORE Mining Ltd.
Website: http://www.KoreMining.com
Stock Symbol: TSXV: KORE
Date Published: Nov 5, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

KORE Mining Ltd. is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “KORE”, following a reverse take-over of Eureka Resources.

KORE is a development stage company that offers exposure to precious metals exploration and development in North America.

KORE, indirectly through wholly-owned subsidiaries, owns 100% interests in the Imperial and Long
Valley gold development projects located in California.

The Imperial Project is located in Imperial County, California within 10 miles of existing operations.

With 200,000 feet of historic drilling, Imperial is an historic feasibility stage gold oxide opportunity ready for advancement.

The Long Valley Project, located in Mono County, California, represents the company’s next gold development opportunity.

Combined, the most recent current and historical estimates of resources specify a total of 2,126,000 measured and indicated and 1,784,000 inferred gold ounces, although KORE is not treating the historical estimates as current resources.

Each of the Projects has the potential to host near-surface, open pit, heap leachable gold deposits.

KORE's 100% owned FG Gold property is an advanced-stage gold project located in the Cariboo Mining Division of British Columbia.

Historical exploration has established a Measured and Indicated gold resource of 376,000 ounces at an average grade of 0.776 grams per tonne and an Inferred gold resource of 634,900 ounces at an average grade of 0.718 grams per tonne using a cut-off grade of 0.5 grams per tonne.

KORE has a 100% interest in the Gold Creek property located in the Cariboo Mining Division. Gold Creek is a grassroots gold project neighbouring, and with similar geology to the Spanish Mountain deposit owned by Spanish Mountain Gold Ltd.

In Canada’s Yukon Territory, the company’s 100% owned Luxor property consists of three non-contiguous claim blocks totalling 360 mining claims.

The 100% owned TAK property consists of 82 mining claims.

Both properties are located in the Dawson Range Gold Belt adjacent to the Vertigo discovery of White Gold Corp.

In Nevada, the company owns a 50% interest in the Gemini lithium brine project located approximately 40 kilometres south of North America's only producing lithium mine at Silver Peak, Nevada.

The company recently closed a brokered private placement, raising gross proceeds of $1,950,000 through the placement of 39 million shares priced at $0.05 per share.

PI Financial acted as agent on the placement.

The shares are currently trading at $0.25.

For more information, please visit the company’s website at www.KoreMining.com, contact Adrian Rothwell, President and CEO, at 888-406-5779 or email info@KoreMining.com.

I’m Samantha Deutscher for Investmentpitch Media