Business
KORE Mining Provides Imperial Project Update
VANCOUVER, BC, Aug. 20, 2021 /CNW/ - KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) ("KORE" or the "Company") is pleased to provide an update on the Company's Imp
About this update from Kore Mining Ltd.
[{"type":"text","content":" VANCOUVER, BC, Aug. 20, 2021 /CNW/ - KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) (\"KORE\" or the \"Company\") is pleased to provide an update on the Company's Imperial Project (\"Imperial\"), located in Imperial County, California. The Imperial team is continuing to work closely with the Bureau of Land Management (\"BLM\") to: (i) permit regional exploration drilling in the 28-kilometer Mesquite-Imperial-Picacho District (\"Regional Exploration Drilling\") and (ii) permit drilling to advance the existing Imperial gold deposit (\"Imperial Zone\") toward feasibility and mine permitting (\"Imperial Zone Drilling\"). Imperial Project Update Delivering results from Regional Exploration Drilling target generation programs - details to follow as they become available in coming weeks Approval from BLM for installation of a new air quality monitoring station anticipated shortly BLM review of a large, combined drill program has experienced delays due to the complexity of overlapping and varying regulations in addition to the effects of COVID-19 on the BLM's internal review processes BLM has changed its view on the mill site validity from the positive 2002 mineral validity examination and the Company is considering other nearby mill site locations Evolving strategy to prioritize permitting of Regional Exploration Drilling while advancing Imperial Zone Drilling permitting on a parallel path Previous strategy had Regional Exploration Drilling and Imperial Zone Drilling under one umbrella permit application Anticipate that KORE will submit an Environmental Assessment report for Regional Exploration Drilling in Q4 2021 Working with BLM to determine best path forward to permit Imperial Zone Drilling Continuing to build local support and stakeholder engagement with a strong environmental focus – details to follow as they become available in coming weeks \"We continue to have success in our regional exploration program at the Imperial project as well as in our continued efforts to build stakeholder support for mine development,\" stated Scott Trebilcock, President and CEO. \"KORE is committed to advancing the Imperial project as expeditiously as possible, and while we are dissatisfied that current circumstances require a shift in the Imperial Zone Drilling permitting strategy, we are encouraged by the support from local...