# KORE Mining Announces 2023 Exploration Plan at the Long Valley Gold-Silver Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/kore-mining-announces-2023-exploration-plan-at-the-long-valley-gold-silver-proje--bf793801-e0ba-4d79-bee1-5afbbb6ae8f1

Original source: https://money.tmx.com/en/quote/KORE/news/6724620398546998/kore-mining-announces-2023-exploration-plan-at-the-long-valley-gold-silver-proje

Publisher: tmx

Original announcement: 2023-07-21T12:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: KORE Mining Ltd.

- Ticker: KORE

- Exchange: TSX

- Region: California

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update, Permitting, Other, Drill results

- Extracted: 2026-09-16 07:24:09 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

KORE Mining has announced its 2023 exploration plan for the Long Valley gold-silver project, focusing on shallow oxide expansion and deeper sulphide feeder structures. The plan includes up to 36 core holes and has received necessary permitting from the USFS. The company is also managing debt through a share issuance and has engaged a market maker.

Reasoning: The announcement outlines a structured 2023 exploration plan with completed permitting, though funding remains a pending item.

- Positive factor: Permitting completed with USFS

- Positive factor: Clear exploration targets \(oxide expansion and sulphide feeders\)

- Positive factor: Strategic financing being explored

- Negative factor: Financing for the program is not yet secured

Facts used in scoring: 4

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The plan targets expansion of existing oxide resources and underlying structures.

Evidence · text

> drill testing the highest priority shallow oxide resource growth targets

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### LV96-260

[Link to this fact](https://atlas-extractions.minestarters.com/news/kore-mining-announces-2023-exploration-plan-at-the-long-valley-gold-silver-proje--bf793801-e0ba-4d79-bee1-5afbbb6ae8f1#fact-drill-facts-2)

Long Valley · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: LV96-260
- Project: Long Valley
- Commodity: gold
- Region: california
- Reported Region: california
- Ticker: KORE

#### Geometry

- Grade: 2.65
- Grade Unit: g/t
- Intercept: 76.2 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2023-07-21T00:00:00.000Z

Reasoning: Historical high-grade intercept cited as a target for new drilling.

- Positive factor: High grade intercept

Evidence · text

> LV96-260 2.65 g/t gold over 250 feet

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### LV96-248

[Link to this fact](https://atlas-extractions.minestarters.com/news/kore-mining-announces-2023-exploration-plan-at-the-long-valley-gold-silver-proje--bf793801-e0ba-4d79-bee1-5afbbb6ae8f1#fact-drill-facts-3)

Long Valley · gold

Historical result

Needs review: ungrounded

#### Identity

- Hole ID: LV96-248
- Project: Long Valley
- Commodity: gold
- Region: california
- Reported Region: california
- Ticker: KORE

#### Geometry

- Grade: 2.63
- Grade Unit: g/t
- Intercept: 68.58 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2023-07-21T00:00:00.000Z

Reasoning: Historical high-grade intercept cited as a target for new drilling.

- Positive factor: High grade intercept

Evidence · text

> LV96- 248 2.63 g/t gold over 225 feet

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/kore-mining-announces-2023-exploration-plan-at-the-long-valley-gold-silver-proje--bf793801-e0ba-4d79-bee1-5afbbb6ae8f1#fact-resource-facts-0)

Long Valley · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Long Valley
- Commodity: gold
- Region: california
- Reported Region: California
- Ticker: KORE

#### Resource scope

- Estimate type: resource
- Resource group id: resource:96236afa4678d06ec8d4

#### Resource Data

- Category: indicated
- Tonnes: 63700000
- Grade: 0.58
- Grade Unit: g/t
- Contained Metal: 1217000
- Contained Unit: oz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-09-15T00:00:00.000Z

#### Dates

- Event date: 2023-07-21T00:00:00.000Z

Reasoning: Existing indicated resource component mentioned for context.

Evidence · text

> The current mineral resource estimate is 1,217,000 ounces of Indicated gold ... from 63.7 million tonnes of 0.58 grams per tonne

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/kore-mining-announces-2023-exploration-plan-at-the-long-valley-gold-silver-proje--bf793801-e0ba-4d79-bee1-5afbbb6ae8f1#fact-resource-facts-1)

Long Valley · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Long Valley
- Commodity: gold
- Region: california
- Reported Region: California
- Ticker: KORE

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c84a88c9bc18906ce25d

#### Resource Data

- Category: inferred
- Tonnes: 22000000
- Grade: 0.65
- Grade Unit: g/t
- Contained Metal: 456000
- Contained Unit: oz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-09-15T00:00:00.000Z

#### Dates

- Event date: 2023-07-21T00:00:00.000Z

Reasoning: Existing inferred resource component mentioned for context.

Evidence · text

> 456,000 ounces of Inferred gold from ... 22.0 million tonnes of 0.65 grams per tonne

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
