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Resource World Magazine Volume 18 Issue 2

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38 www.resourceworld.com F E B R U A R Y / M A R C H 2 0 2 0 spectral study, which will map rock lithol- ogy and alteration. Kore Mining Ltd. [KORE-TSXV] recently released a new NI 43-101-compli- ant resource estimate for its 100%-owned Imperial oxide gold project in California. The company said the resource estimate is similar to the previously disclosed historic 2012 resource estimate in category, tonnes and grade. It said the resource estimate sets out an Indicated Resource of 877,000 oz and an Inferred Resource of 1.33 million oz from 45.7 million tonnes of 0.59 g/t gold and 90.9 million tonnes of 0.46 g/t gold, respectively. Liberty Gold Corp. [LGD-TSX] is focused on the discovery and advancement of large gold deposits that can be mined profitably in open pit scenarios. Its portfolio includes projects in the United States and Europe. Flagship projects are Goldstrike in southwest Utah, Black Pine in southeastern Utah, and Kinsley Mountain in southeast Elko County, Nevada. All three are past- producing open pit mines. Lincoln Gold Mining Corp.'s [LMG- TSXV] core projects are located in the United States. Its primary focus is to advance the Pine Grove (gold-silver) Property in Nevada towards production. McEwen Mining Inc. [MUX-TSX, NYSE] is aiming to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer with a focus on the Americas, including the US, Canada, Mexico and Argentina. Its key assets are the San Jose mine in Santa Cruz, Argentina, the Black Fox Mine in Timmins, Ontario, the El Gallo Fenix Project in Mexico, the Gold Bar Mine in Nevada, and the Los Azules copper project in San Juan, Argentina. Midas Gold Inc.'s [MAX-TSX] key asset is the Stibnite Gold Project in cen- tral Idaho, approximately 100 miles northeast of Boise. According to a 2014 Pre-Feasibility Study, the project hosts four deposits, including historic tailings with combined indicated resources of 115.2 tons grading 1.63 g/t gold, 2.65 g/t silver, and 0.07% antimony, or 5.46 million oz gold, 8.90 million oz silver and 155.2 million lbs antimony. The Pre-Feasibility Study envisaged a total capital cost of $1.1 billion, and average annual production of 388,000 ounces in the first four years of an expected 20-year life-span. Mineral Mountain Resources Ltd. [MMV-TSXV] is exploring gold proj- ects located in South Dakota, along the Homestake gold trend. The Homestake Mine was one of the most successful gold deposits in the Western Hemisphere and Mineral Mountain believes the belt is prospective for several more world class deposits. The Rochford gold project in the Black Hills of South Dakota is Mineral Mountain's flagship project. Nevada Copper Corp. [NCU-TSX] recently shipped the first copper concen- trate from its flagship Pumpkin Hollow underground mine in Nevada. Production at Pumpkin Hollow's processing plant began on December 16, 2019, utilizing development ore stockpiled during the underground mine construction. The com- pany expects to complete the ramp up to full commercial production in the first half of 2020. Nevada Exploration Inc. [NGE-TSXV] is exploring for large new Carlin-type gold deposits in Nevada's underexplored covered valley basins by incorporat- ing the latest in under-cover exploration technology. The company has completed the world's largest groundwater sampling program for gold exploration, collecting approximately 6,000 samples to evalu- ate Nevada's covered basins for new gold exploration targets. Nevada Sunrise Gold Corp. [NEV- TSXV] has interests in gold, cobalt, and lithium exploration projects in Nevada. Its gold assets include a 100% interest in the Golden Arrow project near Tonopah. That project is subject to an earn-in transaction with Emgold Mining Corp. [EMR-TSXV]. It also holds a 21% stake in a joint ven- ture with Liberty Gold Inc. [LGD-TSX] at the Kingsley Mountain gold project, near Wendover. Nevada Zinc Corp. [NZN-TSXV] recently announced a Preliminary Economic Assessment of the viability of mining zinc mineralization at the company's 100%- WESTERN USA TSX-V: KORE | OTCQB: KOREF C A L I F O R N I A Long Valley Imperial Imperial County Mono County koremining.com Long Valley Gold Project - Large at surface oxide gold resource - Measured & Indicated resources of 1.2 Moz from 66.8 Mt. - Inferred resources of 0.5 Moz from 23.6 Mt - Funded by Eric Sprott to grow through exploration Imperial Gold Project - Near surface oxide gold resource - Measured & Indicated resources of 0.9 Moz from 45.7 Mt. - Inferred resources of 1.3 Moz from 90.9 Mt - PEA underway (early Q2 2020 release) - Control Mesquite-Picacho gold district - Two additional gold projects in the Cariboo region of BC - Funded by Macquarie Bank for development and Eric Sprott for growth - Experienced management team is aligned with shareholders to deliver value into a gold bull market

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