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    KORE   CA50067K1003

KORE MINING LTD.

(KORE)
  Report
Delayed Quote. Delayed Bourse de Toronto - 10/25 05:00:00 pm
0.51 CAD   -5.56%
10/12KORE Mining Ltd. Receives Approval from USFS for Long Valley Drill Program
CI
09/27What speaks for gold investments
AQ
09/10OCEANAGOLD : Devaluation of fiat currencies could still accelerate
AQ
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KORE Mining Ltd. Discovers New Drill Target with Multiple Occurrences of Visible Gold At Imperial Regional Exploration Project

09/07/2021 | 07:30am EDT

KORE Mining Ltd. announced additional positive results from its on-going exploration of the Mesquite-Imperial-Picacho District on the Imperial Gold project, located 14 km southeast from Equinox Gold's operating Mesquite gold mine and 14 km from the historic Picacho gold mine. The ongoing exploration program is designed to further define the five named target areas and to discover new target areas on the 28-kilometer structural trend. Discovered new target area called Acacia Zone with visible gold in several dry stream beds Highlights include: Visible gold nuggets of up to 4 millimeters found at surface. 0.62 gram per tonne ("g/t") gold in rock sample collected. Samples align with the highly prospective, regionally extensive, Copper Basin fault. Total of five named drill targets areas now defined including: Mesquite East, Ogilby, Powerline, Sandwich and the new Acacia zones. Defined multiple other untested anomalies with regional satellite alteration survey. Other exploration sampling yielded 57 anomalous gold samples in stream sediment and rock chips (>0.1 g/t) including: 1.42 g/t stream sediment sample at Ogilby Target. 0.53 g/t stream sediment sample at Powerline Target. Further evidence that the 28-kilometer district from Mesquite-Imperial-Picacho District could host multiple gold discoveries similar in scale to Mesquite and Imperial.On-going exploration includes prospecting for new targets, detailed mapping and sampling to further define known targets and a pilot drilling program using person-portable drilling tool. Discovery of gold in the dry stream beds (also called "arroyos" or "washes") on the target areas are several kilometers from Mesquite, Picacho and/or Imperial and not downstream from any known deposits, indicating that gold is likely being generated from another source. KORE will identify the main sources by executing a detail sampling program directly on strike of the geophysical anomaly. Interpretation of KORE's recently completed satellite multi-spectral survey has identified additional alteration anomalies, many of which have yet to be mapped or tested. This is positive as it indicates the alluvial cover is shallow in those areas, making a new oxide gold discovery easier and more attractive. KORE also continues to find evidence of historic small scale mining activities in the District, including hand and bulldozer trenches and signs of historic placer mining activity. KORE's exploration team collected 166 stream bed and 138 rock chip samples since last reported results on April 13, 2021. Samples collected averaged 4.75 kilogram in size and were taken at an average depth of 0.4 meters below surface. Of the 638 stream samples taken so far, 410 assayed over the gold detection limit of 5 parts per billion and 11 assayed over 100 parts per billion (0.1 g/t) with 58 samples still pending. In addition, of the 355 rock samples taken, 38 have assayed over 100 parts per billion (0.1 g/t)with 83 samples still pending. The ongoing exploration program for H2 2021 incudes targeted soil sampling, detailed geological mapping and a shallow pilot drilling program using person-portable equipment. Full-scale drill permitting at Ogilby and Mesquite East in ongoing with permits expected in H2 2022.


ę S&P Capital IQ 2021
All news about KORE MINING LTD.
10/12KORE Mining Ltd. Receives Approval from USFS for Long Valley Drill Program
CI
09/27What speaks for gold investments
AQ
09/10OCEANAGOLD : Devaluation of fiat currencies could still accelerate
AQ
09/07KORE Mining Ltd. Discovers New Drill Target with Multiple Occurrences of Visible Gold A..
CI
08/30Kore Mining Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
CI
08/20KORE MINING : Offers Update on Imperial Project; Falls 3.3% in Frankfurt Trading
MT
08/20KORE Mining Ltd. Provides Imperial Project Update
CI
08/02KORE MINING : Enhances Environmental, Social and Governance Practices and Grants Annual In..
AQ
07/30KORE MINING : Enhances Environmental, Social and Governance Practices and Grants Annual In..
AQ
07/19KORE MINING LTD.(TSXV : KORE) dropped from S&P/TSX Venture Composite Index
CI
More news
Financials
Sales 2020 - - -
Net income 2020 -9,20 M -7,43 M -7,43 M
Net cash 2020 4,80 M 3,88 M 3,88 M
P/E ratio 2020 -
Yield 2020 -
Capitalization 58,5 M 47,3 M 47,2 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float 38,6%
Chart KORE MINING LTD.
Duration : Period :
KORE Mining Ltd. Technical Analysis Chart | KORE | CA50067K1003 | MarketScreener
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 0,51 CAD
Average target price 1,73 CAD
Spread / Average Target 238%
Managers and Directors
Scott A. Trebilcock President, Chief Executive Officer & Director
Jessica van den Akker Chief Financial Officer
James Hynes Executive Chairman
Marc Paul Leduc Chief Operating Officer
Brendan T. Cahill Independent Director
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