Replay available

The KORE Mining Spin-Out of Karus Gold

Join us for a great event!

Wed, December 23, 2020 at 12:00 PMendedReplay
The KORE Mining Spin-Out of Karus Gold

Investor webinar replay

Companies on this event

Featured Presenters

Speaker profile Scott Trebilcock

Scott Trebilcock

President & CEO at Unknown

Scott Trebilcock, CEO, is a process engineer with over 25 years in the resource sector. He was most recently Chief Development Officer at Nevsun Resources where he was responsible for strategy, corporate development, investor relations and exploration.

Replay transcript excerpt

Speaker 1: Hi everyone, I'm pleased to introduce Scott Chbilcock, the President and CEO of Core Mining. Speaker 1: Today I'll be introducing Scott on the core mining spin out of Keras Gold. Speaker 1: Why are you spinning out your BC assets into a separate company to be called Keras Gold? Speaker 2: Because those assets are not being efficiently valued inside of Core Mining. Core put together 1, 000km2 Speaker 2: of claims in the South Caribou Gold District. We drilled at our FG Gold project, delivering some incredible results, showing some great 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 Speaker 2: efficiently valued inside of Core because Core is primarily a Gold developer 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. Speaker 1: What can shareholders expect from Core Mining going forward? Speaker 2: Core's got an exciting plan for 2021 to build on the great foundational work we did in 2020. Speaker 2: 2020 we delivered 2 preliminary economic Speaker 2: assessments and put together a great team to support development Speaker 2: of 2 low-risk heap leach gold projects, Speaker 2: Imperial Speaker 2: and Long Valley. Speaker 2: 20 21, we were permitting large drill programs on each of those projects at Long Valley. The intent will be to step out and grow the mineralization that's behind the great P.A. Speaker 2: And Imperial...

More from KORE Mining