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KORE Mining Generates Resource Expansion Drill Targets for Long Valley Gold Project
KORE Mining Generates Resource Expansion Drill Targets for Long Valley Gold Project ...
About this update from Kore Mining Ltd.
[{"type":"text","content":"\n\n\n\nKORE Mining Generates Resource Expansion Drill Targets for Long Valley Gold Project\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. 30, 2020\n\n\n\nVANCOUVER, Jan. 30, 2020 /CNW/ - KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) (\"KORE\" or the \"Company\") is pleased to announce results from H2 2019 exploration programs at the Long Valley gold project (\"Long Valley\" or \"Project\") that defined a new exploration strategy for both oxides and sulphides and generated high priority drill targets.\nHighlights\nTested new exploration strategy, opening potential for resource expansion and new discoveries Generated data-driven, high priority oxide gold drill targets Defined clear targets for drilling sulphide \"feeder\" structuresNext Steps (H1 2020)\nApply new exploration strategy to remainder of current deposit (Q1 2020) Complete ground geophysics on northern half of deposit (underway) Complete re-logging and multi-element analysis of historic drillingDevelop drill program for highest priority targets and commence permitting (late Q1 2020)Scott Trebilcock, President and CEO of KORE, stated, \"Long Valley is a large, intact epithermal gold deposit historically drilled for near surface oxide gold, leaving the underlying sulphides un-tested.\"  Mr. Trebilcock continued, \"KORE's exploration team developed a new exploration strategy for both oxides and sulphides and looks forward to testing the highest priority targets.\"\nIn H2 2019, the KORE exploration team re-logged 232 of 896 drill holes, conducted geological mapping, and collected rock and soil samples.  The team also conducted two lines of ground induced polarization (\"IP\") and magnetic geophysics coinciding with drill holes that were re-logged and soil sampling lines.  The objective of the work was to prove up a new exploration strategy, testing it against known mineralization and generate drill targets.   Figure 1 shows the location of the IP geophysics surveys and cross sections.\nFigure 2, Cross-Section 250 attached to this release, shows the current...