- CEO
- James Warwick Hynes
- Full Time Employees
- 6
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 1055 West Hastings Street Vancouver BC Canada V6E 2E9
- IPO Date
- Aug 15, 2002
- Business
- KORE Mining Ltd. is a Vancouver-based exploration and development company founded in 1981 and headquartered at 700 West Georgia Street, Vancouver, British Columbia, that acquires, explores, and advances gold projects in California, USA; it owns 100% interests in the district-scale Imperial Gold Project comprising approximately 31,000 acres in Imperial County, southeastern California, within 9 miles of the operating Mesquite mine and encompassing the 28-kilometer Mesquite-Imperial-Picacho trend with a shallow oxide gold deposit amenable to low-capital run-of-mine heap leach mining as outlined in a positive preliminary economic assessment showing after-tax NPV of US$343 million, average annual production of 146,000 ounces over 8 years, and IRR of 44% at US$1,450/oz gold, and the Long Valley Gold and Silver Project spanning 15,965 acres in Mono County, east-central California, featuring a large epithermal oxide gold deposit open for expansion with a positive preliminary economic assessment supporting high-recovery heap leach operations and potential high-grade sulphide targets at depth. The company targets North American gold and silver markets through oxide and sulphide exploration, district-scale drilling, and permitting for mine development, operating solely in California with ongoing stakeholder engagement including a 2023 strategic community partnership with the Torres Martinez Desert Cahuilla Indians for Project ACES and the Imperial Gold Project. Recent developments include a non-brokered private placement announced in October 2025 to raise up to C$4 million at C$0.12 per unit for permitting, exploration at Imperial and Long Valley, and working capital; an additional C$1 million private placement in November 2024; advancement of drill permitting for Mesquite East and Ogilby prospects at Imperial submitted to the Bureau of Land Management; a favorable 2023 US District Court ruling upholding US Forest Service approval for Long Valley drilling; executive changes effective July 2022 with Executive Chairman James Hynes assuming President and CEO roles amid a capital conservation plan prioritizing high-impact drilling; reporting of Q2 and six-month earnings ended June 30, 2025, and Q1 ended March 31, 2025; extension of the 2025 annual general meeting deadline to April 2026; and application for TSX Venture Exchange trading reinstatement.