Increased Scale Of Western Mesquite-Imperial-Picacho Target Areas With New Assays

VANCOUVER - KORE Mining Ltd. reported that a 9.98 grams per tonne (g/t) gold stream sediment sample has been collected at the Powerline target area at the Imperial Gold Project. Follow up work has established a 45-acre gold anomaly with 600 meters of strike at Powerline situated between two outcrops of mineralized gneiss, the same host rock type of the Imperial deposit. The total strike potential of the Powerline trend is over 5 kilometers. KORE is also pleased to highlight a 0.77 g/t gold stream sediment sample collected from the Ogilby target area, establishing a priority drill target where drill permitting is currently in progress.

Highlights: 9.98 g/t gold (Au) stream sediment sample collected at Powerline target area; Additional sampling yielded a 600-meter trend of highly anomalous stream sediment samples; Trend situated between two mineralized gneiss outcrops: the Powerline discovery outcrop and Ironwood outcrop; Large, shallow geophysical anomaly similar to the Imperial deposit aligns with the trend; and 0.77 g/t Au stream sediment sample collected within Ogilby segment boundary, an area with drill permitting in progress.

Executive Chairman, James Hynes, said, "The exploration potential of the Mesquite-Imperial-Picacho trend is one the best exploration opportunities in the Western US gold fields.  Our team has done an incredible job prospecting this huge area and we are seeing the potential we expected when we assembled the claim area over the last several years. There is much more to come, and we look forward to turning drills on the best targets in the near future."

KORE has defined five prospect areas for the exploration areas west of Imperial. In total, the Company has nine highly prospective drill targets identified in the overall Mesquite-Imperial-Picacho District that captures 28 kilometers (km) of prospective ground from Mesquite.