- KORE Mining (TSXV:KORE) has announced its exploration plan for the Long Valley gold and silver project
- Plans include drill testing the highest priority shallow oxide resource growth targets and underlying high-grade sulphide feeder structure targets
- The company has been approved to drill up to 36 core drill holes from 12 drill pads
- Shares of KORE Mining (TSXV:KORE) are down 10 per cent to C$0.045 as of 10:10 a.m. ET
KORE Mining (TSXV:KORE) is gearing up to begin exploration at its Long Valley gold and silver project in California.
In a news release, KORE Mining said plans for the project include drill testing the highest priority shallow oxide resource growth targets and underlying high-grade sulphide feeder structure targets.
The company is a Vancouver-based junior mining company focused on its gold assets in California.
Approved plans for the project include drilling up to 36 core holes from 12 drill pads, drill testing high-priority shallow oxide resource expansion and untested underlying sulphide “feeder structures,” and potentially expanding drilling up to 15,000 metres.
Mapping and geochemical sampling on new structural targets will also take place.
“The untested feeder zone drill targets are our highest priority in addition to oxide resource expansion,” James Hynes, CEO of KORE Mining, said in a statement. “The core drilling is expected to improve the geologic model and will also be assayed for silver for the first time at the project.”
The Long Valley Gold Project is 100 per cent owned by the company and is in Mono County, California.
To date, 896 holes have been drilled, with most of them being completed by reverse circulation with lesser core, rotary and air track.
Shares of KORE Mining are down 10 per cent to C$0.045 as of 10:10 a.m. ET.
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