KORE Mining Ltd.
KORE.V
Toronto Stock Exchange Ventures0.15
CAD
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KORE Mining Ltd.
KORE.V
(Toronto Stock Exchange Ventures)
Recent
price
0.15
P/E
ratio
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div
yld
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ROIC.AI
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- Business
- KORE Mining Ltd. is a Canada-based exploration and development-stage company focused on responsibly advancing its portfolio of gold assets in California, United States; it owns 100% interests in the Imperial Gold Project in Imperial County, southeastern California, a shallow oxide gold deposit with a positive preliminary economic assessment for a simple run-of-mine heap leach mine located within nine miles of the operating Mesquite mine, and the Long Valley Gold-Silver Project in Mono County, east-central California, a large epithermal deposit with extensive drilling on shallow oxides and potential for high-grade sulphide targets at depth, also supported by a positive preliminary economic assessment for a high-recovery heap leach operation. The company's district-scale land packages encompass approximately 31,000 acres at the Mesquite-Imperial-Picacho district for Imperial and 15,965 acres at Long Valley, targeting oxide resource expansion, new discoveries along fault structures, and sulphide feeder zones through ongoing exploration programs. KORE Mining provides exploration services including drilling, mapping, and geochemical sampling, with permitting secured from the U.S. Forest Service for up to 36 core holes at Long Valley and active preparation for mine permitting at Imperial, while emphasizing low-impact operations, full remediation, and positive environmental initiatives such as Project ACES for the Salton Sea. Founded in 1981 and headquartered in Vancouver, British Columbia, at 700 West Georgia Street, the company operates primarily in North America with a focus on the U.S. gold market, serving investors seeking exposure to development-ready precious metals assets. Recent developments include a 2023 exploration plan at Long Valley featuring a minimum 3,000-meter Phase 1 drill program to test shallow oxide expansion and high-grade sulphide targets, with potential expansion to 15,000 meters; a strategic community partnership in August 2023 with the Torres Martinez Desert Cahuilla Indians for the Imperial Gold Project and Project ACES; a corporate update in August 2025 announcing a proposed share consolidation to enhance shareholder liquidity; extension of its annual general meeting to April 2026; and reinstatement efforts with the TSX Venture Exchange alongside shares-for-debt cancellations to strengthen its capital structure.