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KORE Generates Drill Targets for Imperial Resource Expansion and Commences District Exploration
KORE Generates Drill Targets for Imperial Resource Expansion and Commences District Explor...
About this update from Kore Mining Ltd.
[{"type":"text","content":"\n\n\n\nKORE Generates Drill Targets for Imperial Resource Expansion and Commences District Exploration\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 7, 2020\n\n\n\nVANCOUVER, Jan. 7, 2020 /CNW/ - 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\").  \nHighlights\nConfirmed targets close to current resource indicating resource is open for expansion: Down-dip from West, East, and Singer zones Between East and West zones (Expanded Singer)Large open-ended chargeability anomaly under current mineralization and extending along-strike 1.5 km west and 1 km east opens potential to further expanding mineralization Strong ground geophysical signature over known mineralization enhances ability to find new deposits in the under-explored Mesquite-Picacho districtNext Steps (Q1 2020)\nFollow-up ground geophysics by infilling current survey and extending along strike; Scope and permit Phase 1 drilling program to test highest priority targets; and Commence regional exploration with geophysics and field sampling / mapping.Scott Trebilcock, President and CEO of KORE, stated, \"While the purpose of the ground geophysics was to define deposit signatures for regional exploration, we were pleased by the strong alignment to the known resource and the revealing of undrilled resource expansion targets.\"  Mr. Trebilcock continued, \"We are immediately commencing additional work on both resource expansion and regional exploration.\"\nKORE COO, Marc Leduc commented, \"The large chargeability high under Imperial was unexpected and opens up a whole new scale of opportunity for the Imperial deposit.  One potential interpretation is that the anomaly is the sulphide roots of the current oxide deposit.   Several large Nevada deposits, including Goldstrike, also started as small, oxide mines.\"\nKORE staked the Mesquite-Picacho district (\"District\") in Sept...