KORE Mining Provides Imperial Project Update
Imperial Project KORE Mining

KORE Mining Provides Imperial Project Update

KORE Mining Ltd has provided an update on the Company's Imperial Project, located in Imperial County, California. The Imperial team is

KORE Mining Ltd has provided an update on the Company's Imperial Project, located in Imperial County, California. The Imperial team is continuing to work closely with the Bureau of Land Management to

Permit regional exploration drilling in the 28-kilometer Mesquite-Imperial-Picacho District

Permit drilling to advance the existing Imperial gold deposit toward feasibility and mine permitting

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

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