KORE Mining Ltd announced additional positive results from its on-going exploration of the Mesquite-Imperial-Picacho District on the Imperial Gold project, located 14 km southeast from Equinox Gold's operating Mesquite gold mine and 14 km from the historic Picacho gold mine. The ongoing exploration program is designed to further define the five named target areas and to discover new target areas on the 28-kilometer structural trend.Discovered new target area called Acacia Zone with visible gold in several dry stream beds Highlights include:Visible gold nuggets of up to 4 millimeters found at surface0.62 gram per tonne ("g/t") gold in rock sample collectedSamples align with the highly prospective, regionally extensive, Copper Basin faultTotal of five named drill targets areas now defined including: Mesquite East, Ogilby, Powerline, Sandwich and the new Acacia zonesDefined multiple other untested anomalies with regional satellite alteration surveyOther exploration sampling yielded 57 anomalous gold samples in stream sediment and rock chips (>0.1 g/t) including:1.42 g/t stream sediment sample at Ogilby Target0.53 g/t stream sediment sample at Powerline TargetFurther evidence that the 28-kilometer district from Mesquite-Imperial-Picacho District could host multiple gold discoveries similar in scale to Mesquite and ImperialOn-going exploration includes prospecting for new targets, detailed mapping and sampling to further define known targets and a pilot drilling program using person-portable drilling toolThe ongoing exploration program for H2 2021 includes targeted soil sampling, detailed geological mapping and a shallow pilot drilling program using person-portable equipment. Full-scale drill permitting at Ogilby and Mesquite East in ongoing with permits expected in H2 2022. See news release from August 20, 2021 for more details on Imperial drill permitting.KORE owns 100% of the Mesquite-Imperial-Picacho District which consists approximately 31,000 acres of claims capturing the entire 28-kilometer trend from the operating Mesquite mine to the closed Picacho mine and including KORE's Imperial project.
KORE Mining Ltd announced additional positive results from its on-going exploration of the Mesquite-Imperial-Picacho District on the Imperial Gold project, located 14 km southeast from Equinox Gold's operating Mesquite gold mine and 14 km from the historic Picacho gold mine. The ongoing exploration program is designed to further define the five named target areas and to discover new target areas on the 28-kilometer structural trend.Discovered new target area called Acacia Zone with visible gold in several dry stream beds Highlights include:Visible gold nuggets of up to 4 millimeters found at surface0.62 gram per tonne ("g/t") gold in rock sample collectedSamples align with the highly prospective, regionally extensive, Copper Basin faultTotal of five named drill targets areas now defined including: Mesquite East, Ogilby, Powerline, Sandwich and the new Acacia zonesDefined multiple other untested anomalies with regional satellite alteration surveyOther exploration sampling yielded 57 anomalous gold samples in stream sediment and rock chips (>0.1 g/t) including:1.42 g/t stream sediment sample at Ogilby Target0.53 g/t stream sediment sample at Powerline TargetFurther evidence that the 28-kilometer district from Mesquite-Imperial-Picacho District could host multiple gold discoveries similar in scale to Mesquite and ImperialOn-going exploration includes prospecting for new targets, detailed mapping and sampling to further define known targets and a pilot drilling program using person-portable drilling toolThe ongoing exploration program for H2 2021 includes targeted soil sampling, detailed geological mapping and a shallow pilot drilling program using person-portable equipment. Full-scale drill permitting at Ogilby and Mesquite East in ongoing with permits expected in H2 2022. See news release from August 20, 2021 for more details on Imperial drill permitting.KORE owns 100% of the Mesquite-Imperial-Picacho District which consists approximately 31,000 acres of claims capturing the entire 28-kilometer trend from the operating Mesquite mine to the closed Picacho mine and including KORE's Imperial project.
