The KORE Mining Spin-Out of Karus Gold

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[Speaker identities could not be resolved; generic labels used] [00:11] Speaker 1: Hi everyone, I'm pleased to introduce Scott Chbilcock, the President and CEO of Core Mining. [00:16] Speaker 1: Today I'll be introducing Scott on the core mining spin out of Keras Gold. [00:27] Speaker 1: Why are you spinning out your BC assets into a separate company to be called Keras Gold? [00:32] Speaker 2: Because those assets are not being efficiently valued inside of Core Mining. Core put together 1, 000km2 [00:40] Speaker 2: of claims in the South Caribou Gold District. We drilled at our FG Gold project, delivering some incredible results, showing some great [00:49] Speaker 2: increases in scale for that project. We've drilled at Gold Creek, which is right near Spanish Mountain. We've got a lot of other prospects in the property. So there's a lot of excitement around the project inside of Core. However, those assets are not [01:01] Speaker 2: efficiently valued inside of Core because Core is primarily a Gold developer [01:07] Speaker 2: in California with our Imperial and Long Valley Gold projects. So we've taken the decision to deliver these assets to our shareholders in a standalone company that's got a lot of great potential and that's Keras Gold. We should see that coming out in January of 2020. [01:28] Speaker 1: What can shareholders expect from Core Mining going forward? [01:32] Speaker 2: Core's got an exciting plan for 2021 to build on the great foundational work we did in 2020. [01:38] Speaker 2: 2020 we delivered 2 preliminary economic [01:42] Speaker 2: assessments and put together a great team to support development [01:45] Speaker 2: of 2 low-risk heap leach gold projects, [01:48] Speaker 2: Imperial [01:49] Speaker 2: and Long Valley. [01:51] Speaker 2: 20 21, w...