KORE Mining Ltd has announced the continued expansion of the Imperial Gold Project through the recent discovery of a fourth outcropping prospect named Galaxy. In total, the Company now has ten highly prospective drill targets identified in the overall Mesquite-Imperial-Picacho District that captures 28 kilometers of prospective ground from Equinox Gold's operating Mesquite gold mine to the historic Picacho gold mine.Galaxy is intersected by the Gatuna-Sortan fault, which yielded outcrop assays as high as 0.6 g/t in the Acacia target area. This fault juxtaposes the relatively impermeable Winterhaven formation above the Jurassic gneiss, which likely acted as a lithocap to ascending gold-bearing hydrothermal fluids. Observed alteration styles include fracture hosted to pervasive iron oxides, silica, sericite, chlorite, kaolinite, and quartz+carbonate veining. Sampling is ongoing and is expected to be completed May 2022.With Galaxy, KORE now has an inventory of four prospect areas totalling 802 acres and containing 8 kilometers of total strike east of Imperial towards Picacho.
KORE Mining Ltd has announced the continued expansion of the Imperial Gold Project through the recent discovery of a fourth outcropping prospect named Galaxy. In total, the Company now has ten highly prospective drill targets identified in the overall Mesquite-Imperial-Picacho District that captures 28 kilometers of prospective ground from Equinox Gold's operating Mesquite gold mine to the historic Picacho gold mine.Galaxy is intersected by the Gatuna-Sortan fault, which yielded outcrop assays as high as 0.6 g/t in the Acacia target area. This fault juxtaposes the relatively impermeable Winterhaven formation above the Jurassic gneiss, which likely acted as a lithocap to ascending gold-bearing hydrothermal fluids. Observed alteration styles include fracture hosted to pervasive iron oxides, silica, sericite, chlorite, kaolinite, and quartz+carbonate veining. Sampling is ongoing and is expected to be completed May 2022.With Galaxy, KORE now has an inventory of four prospect areas totalling 802 acres and containing 8 kilometers of total strike east of Imperial towards Picacho.
