Long Valley And Imperial Projects Objectives For 2022

VANCOUVER – KORE Mining Ltd. reported plans and objectives for drilling, regional exploration and permitting at the Company’s district-scale gold projects – Long Valley and Imperial, two high return preliminary economic assessment stage (PEA) projects with exceptional exploration opportunities for resource expansion and new discoveries.  The Company plans to complete 12,000 meters of permitted exploration drilling at Long Valley targeting: Oxide resource growth; and sulphide potential underneath the current shallow mineralization. For the Mesquite East and Ogilby exploration target areas at Imperial complete the permitting, targeting new oxide gold discoveries on the 14 km Mesquite – Imperial trend, and mobilize phase 1 drill program as soon as permit received. Target definition completion on additional high priority areas to generate new drill targets in the Mesquite-Imperial-Picacho District, and work to include mapping, sampling and person-portable drilling of high priority target areas identified in 2021 field seasons. Submit drill permit application and complete environmental assessment for additional exploration targets areas at the Mesquite-Imperial-Picacho district. and exact areas to be determined from above target definition work results. Complete mineral validity examination for Imperial main deposit lode claims, and clears the way for permit application for project development drilling. Continue to build local support for mine development through ACES (“A Clean Environment for the Salton Sea) which sets a “net zero” impact target for the Imperial project by: Complete backfilling and habitat restoration of Federal lands eliminates long-term view-scape, land-use and habitat impacts; and Improving air quality and saving lives by supplying excess material to Salton Sea remediations.

Scott Trebilcock, CEO, said, “After a year of groundwork on both Imperial and Long Valley, we are very excited to get the drills turning to test the high priority targets we’ve identified.  

We believe our growth in 2022 will come from the drill bit as both deposits sit on large, underexplored land packages with excellent opportunities for resource expansion and new discoveries.”