KORE Mining Releases Mineral Resource Estimate at Imperial Gold Project

0.9 million ounces of indicated oxide gold
1.3 million ounces of inferred oxide goldVANCOUVER, Dec. 30, 2019 /CNW/ - 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").A  The Resource Estimate is similar to the previously disclosed historic 2012 resource estimate in category, tonnes and grade.A  The Resource Estimate sets out an Indicated resource of 877,000 ounces and an Inferred resource of 1,336,000 ounces from 45.7 million tonnes of 0.59 grams per tonne gold and 90.9 million tonnes of 0.46 grams per tonne gold respectively.A 
KORE Mining Releases Mineral Resource Estimate at Imperial Gold Project
The report, titled "Technical Report for the Imperial Gold Project, California, USA" is prepared by SRK Consulting (Canada) Inc. and authored by Glen Cole, PGeo., Anoush Ebrahimi, PEng., and Mark Willow, PEng., each of whom is independent of the Company.A  The effective date of the Resource Estimate is December 30, 2019.A  The Imperial deposit is a near surface, fully oxidized gold deposit.A  The deposit is open for extensions on-strike, at depth and down-dip.A  KORE is currently conducting geophysics and other fieldwork to further define upside potential.A  Results are expected in early 2020.
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