{"id":408520,"date":"2021-01-05T08:33:30","date_gmt":"2021-01-05T13:33:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=408520"},"modified":"2021-01-05T08:33:30","modified_gmt":"2021-01-05T13:33:30","slug":"kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer\/","title":{"rendered":"KORE Mining Provides Update on Spin Out of Karus Gold Creating BC Focused Gold Explorer"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p class=\"prntac\">\n        <b><br \/>\n          <i>Strategic Position in BC&#8217;s Cariboo Gold District with Flagship FG Gold Project<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <span class=\"xn-location\">VANCOUVER, BC<\/span>, <span class=\"xn-chron\">Jan. 5, 2021<\/span> \/PRNewswire\/ &#8211; KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (&#8220;<b>KORE<\/b>&#8221; or the &#8220;<b>Company<\/b>&#8220;) is pleased to provide an update on the proposed transfer of all of its <span class=\"xn-location\">British Columbia<\/span> (&#8220;<b>BC<\/b>&#8220;) gold exploration assets (&#8220;<b>Spin Out<\/b>&#8220;) into a newly incorporated company called Karus Gold Corp. (&#8220;<b>Karus<\/b>&#8221; or &#8220;<b><span class=\"xn-person\">Karus Gold<\/span><\/b>&#8220;).\u00a0 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1394497\/Kore_Mining_KORE_Mining_Provides_Update_on_Spin_Out_of_Karus_Gol.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1394497\/Kore_Mining_KORE_Mining_Provides_Update_on_Spin_Out_of_Karus_Gol.jpg\" title=\"KORE Mining Ltd (CNW Group\/Kore Mining)\" alt=\"KORE Mining Ltd (CNW Group\/Kore Mining)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>Updates and Next Steps:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Spin Out requires approval at the virtual KORE shareholder meeting on <span class=\"xn-chron\">January 20, 2021<\/span><\/li>\n<ul type=\"circle\">\n<li>Meeting materials filed and mailed in late <span class=\"xn-chron\">December 2020<\/span><\/li>\n<li>Shareholders encouraged to vote as soon as possible and no later than <span class=\"xn-chron\">January 18, 2021<\/span> via the instructions in the materials <\/li>\n<li>Shareholders may attend the meeting online and will be required to register via the instructions in the materials in advance if they wish to vote online <\/li>\n<li>Management and the Board of KORE recommends voting in favour of the Spin Out <\/li>\n<li>Spin Out is supported by Mr. <span class=\"xn-person\">Eric Sprott<\/span>, KORE&#8217;s largest shareholder<\/li>\n<\/ul>\n<li>If the Spin Out is approved and final court approval is obtained, KORE shareholders at the distribution date will be eligible to receive Karus shares <\/li>\n<ul type=\"circle\">\n<li>Distribution date expected to be <span class=\"xn-chron\">January 22, 2021<\/span>, subject to change <\/li>\n<li>Karus shares will not be publicly listed to trade immediately after Spin Out; listing anticipated in the first half of 2021<\/li>\n<\/ul>\n<li>Upon completion of the Spin Out, Karus intends to raise capital via a rights offering (&#8220;<b>Rights Offering<\/b>&#8220;) to all Karus shareholders <\/li>\n<ul type=\"circle\">\n<li>Rights Offering expected to commence in <span class=\"xn-chron\">February 2021<\/span>, with details to come after closing the Spin Out <\/li>\n<li>Karus shareholders will have exclusive access to invest in Karus via the Rights Offering, raising initial capital for Karus to execute its strategy<\/li>\n<\/ul>\n<\/ul>\n<p>\n        <b>Highlights of <span class=\"xn-person\">Karus Gold<\/span>:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Unlocks value of BC assets for KORE shareholders through creation of <span class=\"xn-person\">Karus Gold<\/span><\/li>\n<li>Dominant 1,000 km<sup>2<\/sup> land position in the emerging Cariboo Gold District with Osisko Development Corp (TSX:ODV) investing heavily to the north <\/li>\n<li>Flagship FG Gold project open for growth after 2020 Lower Zone discovery intercepts of: <\/li>\n<ul type=\"circle\">\n<li>10.0 meters of 3.9 g\/t gold at 237 meters downhole <\/li>\n<li>14.3 meters of 6.4 g\/t gold at 386 meters downhole<\/li>\n<\/ul>\n<li>Controls under-explored 110 km trend including five high-priority gold prospects <\/li>\n<li>Results from 14 FG Gold holes and five Gold Creek holes expected through Q1 2021<\/li>\n<\/ul>\n<p>Upon completion of the Spin Out, KORE will continue as a leading gold company with a focus on growing and developing the Imperial and <span class=\"xn-person\">Long Valley<\/span> gold projects in the US. <\/p>\n<p>\n        <span class=\"xn-person\">Scott Trebilcock<\/span>, KORE&#8217;s President &amp; CEO comments, &#8220;KORE would like to thank our shareholders for their continued support in 2020 as we unlock value through the spin out process. We believe the value of our BC exploration assets are obscured by the robust economics of our advanced Imperial and <span class=\"xn-person\">Long Valley<\/span> projects and as such, are looking forward to maximizing shareholder value through the spin out. We expect the Cariboo region in BC will see a major increase in exploration and development in 2021 and beyond.\u00a0 The spin out of Karus enables KORE shareholders to participate in this exciting and emerging mining district. We encourage our shareholders to vote in favor of the spin out to unlock value from this underappreciated asset.&#8221;<\/p>\n<p>Details of the Spin Out are available at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025820-1&amp;h=1983416174&amp;u=http%3A%2F%2Fwww.koremining.com%2Fkarus&amp;a=www.koremining.com%2Fkarus\" rel=\"nofollow noopener noreferrer\">www.koremining.com\/karus<\/a>\u00a0and materials for the special shareholders meeting are available at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025820-1&amp;h=70379342&amp;u=http%3A%2F%2Fwww.koremining.com%2Fspecialmeeting&amp;a=www.koremining.com%2Fspecialmeeting\" rel=\"nofollow noopener noreferrer\">www.koremining.com\/specialmeeting<\/a> and under KORE&#8217;s profile on SEDAR at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025820-1&amp;h=3579621693&amp;u=http%3A%2F%2Fwww.sedar.com%2F&amp;a=www.sedar.com\" rel=\"nofollow noopener noreferrer\">www.sedar.com<\/a>.<\/p>\n<p>\n        <b>About KORE&#8217;s BC Gold Exploration Assets<br \/><\/b>KORE controls a dominant 1,000 square kilometers of claims in its South Cariboo Gold District of British Columbia.\u00a0 The claims host 110 km of structural trend that is highly prospective for gold deposits.\u00a0 The north part of the Cariboo Gold District is controlled by Osisko Development Corp (TSXV: ODV), which is financing a major exploration and development program that will bring attention to the Cariboo Gold District.\u00a0 KORE has multiple projects in the Cariboo Gold District, including the FG Gold and Gold Creek gold projects.\u00a0 Much of the area is under-explored and wide open for additional discoveries.\u00a0 The Cariboo region is a prolific gold region.\u00a0 The Cariboo Gold District was host to the Cariboo gold rush in the late 1800&#8217;s, followed by a long history of modern gold mining.\u00a0 The Cariboo region is accessible with local power, a well-developed road network and skilled local labour.\u00a0 <\/p>\n<p>The FG Gold project hosts an orogenic gold deposit on a 20 km trend defined by gold in soils and geophysics.\u00a0 Drilling performed by KORE in 2020 transformed the project, opening up the potential for both open pit and underground type mineralization.\u00a0 The FG Gold project also hosts copper-gold porphyry mineralization at the Nova Zone, discovered by KORE in 2018. \u00a0Details of FG Gold Lower Zone discovery including intercepts reported above are detailed in the <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025820-1&amp;h=1078520646&amp;u=https%3A%2F%2Fwww.koremining.com%2Fnews%2F2020%2F11%2F11%2Fkore-mining-drills-313-meters-of-32-gt-gold-including-143-meters-of-64-gt-gold-in-large-215-meter-step-out-at-fg-gold-project&amp;a=November+11%2C+2020\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-chron\">November 11, 2020<\/span><\/a>\u00a0Company news release.<\/p>\n<p>The Gold Creek project is an orogenic gold discovery centered on the &#8220;Camp Zone&#8221; which show similarities to the high-grade zone of the nearby Spanish Mountain Gold Deposit (TSXV:SPA).\u00a0 The Camp Zone&#8217;s near surface mineralization currently extends over 400 metres along strike and is open along both strike and at depth.\u00a0 KORE is currently drilling a 2,000-meter program to expand Gold Creek.<\/p>\n<p>In connection with the transaction, the Company and Karus have filed an updated National Instrument\u00a043-101 compliant Technical Report titled &#8220;Technical Report on the South Cariboo Property, <span class=\"xn-location\">British Columbia, Canada<\/span>&#8221; effective <span class=\"xn-chron\">November 15, 2020<\/span> and filed on <span class=\"xn-chron\">December 16, 2020<\/span>, prepared by independent qualified persons <span class=\"xn-person\">Ron Voordouw<\/span>, P.Geo., <span class=\"xn-person\">Henry Awmack<\/span>, P. Eng., and Equity Exploration Consultants Ltd (the &#8220;<b>Updated Report<\/b>&#8220;).\u00a0 The Updated Report replaces the previously filed technical report issued to Eureka Resources Inc. in 2015 and amends prior disclosure regarding mineral resources on the FG Gold and Gold Creek gold projects.\u00a0 The Updated Report is available on the Company&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025820-1&amp;h=4272362925&amp;u=http%3A%2F%2Fwww.koremining.com%2Fkarus&amp;a=www.koremining.com%2FKarus\" rel=\"nofollow noopener noreferrer\">www.koremining.com\/Karus<\/a> and under KORE&#8217;s profile on SEDAR at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025820-1&amp;h=3579621693&amp;u=http%3A%2F%2Fwww.sedar.com%2F&amp;a=www.sedar.com\" rel=\"nofollow noopener noreferrer\">www.sedar.com<\/a>.<\/p>\n<p>\n        <b>About KORE Mining<br \/><\/b>KORE is 100% owner of a portfolio of advanced gold exploration and development assets in <span class=\"xn-location\">California<\/span> and British Columbia.\u00a0 KORE is supported by strategic investor <span class=\"xn-person\">Eric Sprott<\/span> who recently invested <span class=\"xn-money\">$7.0 million<\/span>, bringing his total ownership to 26%.\u00a0 KORE management and Board are aligned with shareholders, owning an additional 38% of the basic shares outstanding.\u00a0 KORE is actively developing its Imperial Gold project and is aggressively exploring across its portfolio of assets.<\/p>\n<p>Further\u00a0information on the Spin Out and KORE can be found on the Company&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025820-1&amp;h=4272362925&amp;u=http%3A%2F%2Fwww.koremining.com%2Fkarus&amp;a=www.koremining.com%2FKarus\" rel=\"nofollow noopener noreferrer\">www.koremining.com\/Karus<\/a>\u00a0or by contacting us at <a target=\"_blank\" href=\"mailto:karusgold@koremining.com\" rel=\"nofollow noopener noreferrer\">karusgold@koremining.com<\/a> or 888-455-7620. <\/p>\n<p>\n        <b>On behalf of KORE Mining Ltd<br \/><\/b><br \/>\n        <i>&#8220;Scott Trebilcock&#8221;<br \/><\/i>Chief Executive Officer<\/p>\n<p class=\"prntaj\">\n        <b>Karus Gold Spin Out Investor Support<br \/><\/b><br \/>\n        <span class=\"xn-person\">David Jan<\/span><br \/>\n        <br \/>1-888-455-7620<br \/><a target=\"_blank\" href=\"mailto:karusgold@koremining.com\" rel=\"nofollow noopener noreferrer\">karusgold@koremining.com<\/a><\/p>\n<p class=\"prntaj\">\n        <b>KORE Investor Relations<br \/><\/b><br \/>\n        <span class=\"xn-person\">Arlen Hansen<\/span>, KIN Communications<br \/>1-888-684-6730<br \/><a target=\"_blank\" href=\"mailto:kore@kincommunications.com\" rel=\"nofollow noopener noreferrer\">kore@kincommunications.com<\/a>\u00a0\u00a0 <\/p>\n<p>Technical information with respect to the Cariboo Gold District, FG Gold and the Gold Creek Projects contained in this news release has been reviewed and approved by\u00a0Michael Tucker, P. Geo. who is KORE&#8217;s VP Exploration and is the qualified person under National Instrument 43-101 responsible for the technical matters of this news release.<\/p>\n<p>\n        <b>Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/b>\n      <\/p>\n<p>\n        <u>Cautionary Statement Regarding Forward-Looking Information<br \/><\/u>This news release contains forward-looking statements relating to the future operations of the Company and <span class=\"xn-person\">Karus Gold<\/span> and other statements that are not historical facts. Forward-looking statements are often identified by terms such as &#8220;will&#8221;, &#8220;may&#8221;, &#8220;plan&#8221;, &#8220;should&#8221;, &#8220;anticipate&#8221;, &#8220;expects&#8221;, &#8220;intends&#8221;, &#8220;indicates&#8221; and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of the Company and <span class=\"xn-person\">Karus Gold<\/span> are forward-looking statements.\u00a0 Forward-looking statements in this news release include, but are not limited to, the expected timeline and date of completion of the Spin Out, the ability of KORE to receive and obtain shareholder approval and court approval, the ability of the parties to satisfy, in a timely manner, the other conditions to closing of the Spin Out, the future listing of <span class=\"xn-person\">Karus Gold<\/span> and the expected timeline and completion of the anticipated Karus rights offering. There can be no assurance that the Spin Out will be completed or that it will be completed on the terms and conditions contemplated in this news release. The Spin Out could be modified or terminated in accordance with its terms. Such forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. Management believes that these assumptions are reasonable. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information.\u00a0 <\/p>\n<p>Such factors include, among others: the Spin Out will be completed on the terms currently contemplated, the Spin Out will be completed in accordance with the timing currently expected without any undue delay, all conditions to the completion of the Spin Out will be satisfied or waived in due course and the Spin Out Agreement will not be terminated prior to the completion of the Spin Out, assumptions and expectations related to the trading price of KORE and the future listing of <span class=\"xn-person\">Karus Gold<\/span>, and other expectations and assumptions concerning the Spin Out.\u00a0 <\/p>\n<p>In addition to the above summary, additional risks and uncertainties inherent to the Company and its operations are described in the &#8220;Risk Factors&#8221; section of the Company&#8217;s management discussion and analysis for the year ended <span class=\"xn-chron\">December 31, 2019<\/span>, prepared as of <span class=\"xn-chron\">April 27, 2020<\/span>, available under the Company&#8217;s issuer profile on <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025820-1&amp;h=3579621693&amp;u=http%3A%2F%2Fwww.sedar.com%2F&amp;a=www.sedar.com\" rel=\"nofollow noopener noreferrer\">www.sedar.com<\/a>. Other risks and uncertainties include, among other things: the Spin Out may not be completed on the terms, or in accordance with the timing currently contemplated, or at all; the Company and <span class=\"xn-person\">Karus Gold<\/span> has incurred expenses in connection with the Spin Out and will be required to pay for those expenses regardless of whether or not the Spin Out is completed; the Company and <span class=\"xn-person\">Karus Gold<\/span> may not be successful in satisfying the conditions to the Spin Out, including failing to obtain KORE shareholder approval; the possibility of adverse reactions or changes in business relationships resulting from the announcement or completion of the Spin Out; the failure to realize the expected benefits of the Spin Out; and other risks inherent to KORE&#8217;s current business and\/or factors beyond its control which could have a material adverse effect on KORE or the ability to consummate the Spin Out.<\/p>\n<p>Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.\u00a0 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=VA37106&amp;sd=2021-01-05\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer-301200775.html\">http:\/\/www.prnewswire.com\/news-releases\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer-301200775.html<\/a><\/p>\n<p>SOURCE  Kore Mining<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=VA37106&amp;Transmission_Id=202101050830PR_NEWS_USPR_____VA37106&amp;DateId=20210105\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Strategic Position in BC&#8217;s Cariboo Gold District with Flagship FG Gold Project VANCOUVER, BC, Jan. 5, 2021 \/PRNewswire\/ &#8211; KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (&#8220;KORE&#8221; or the &#8220;Company&#8220;) is pleased to provide an update on the proposed transfer of all of its British Columbia (&#8220;BC&#8220;) gold exploration assets (&#8220;Spin Out&#8220;) into a newly incorporated company called Karus Gold Corp. (&#8220;Karus&#8221; or &#8220;Karus Gold&#8220;).\u00a0 Updates and Next Steps: Spin Out requires approval at the virtual KORE shareholder meeting on January 20, 2021 Meeting materials filed and mailed in late December 2020 Shareholders encouraged to vote as soon as possible and no later than January 18, 2021 via the instructions in the materials Shareholders may attend the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;KORE Mining Provides Update on Spin Out of Karus Gold Creating BC Focused Gold Explorer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-408520","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KORE Mining Provides Update on Spin Out of Karus Gold Creating BC Focused Gold Explorer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KORE Mining Provides Update on Spin Out of Karus Gold Creating BC Focused Gold Explorer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Strategic Position in BC&#8217;s Cariboo Gold District with Flagship FG Gold Project VANCOUVER, BC, Jan. 5, 2021 \/PRNewswire\/ &#8211; KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (&#8220;KORE&#8221; or the &#8220;Company&#8220;) is pleased to provide an update on the proposed transfer of all of its British Columbia (&#8220;BC&#8220;) gold exploration assets (&#8220;Spin Out&#8220;) into a newly incorporated company called Karus Gold Corp. (&#8220;Karus&#8221; or &#8220;Karus Gold&#8220;).\u00a0 Updates and Next Steps: Spin Out requires approval at the virtual KORE shareholder meeting on January 20, 2021 Meeting materials filed and mailed in late December 2020 Shareholders encouraged to vote as soon as possible and no later than January 18, 2021 via the instructions in the materials Shareholders may attend the &hellip; Continue reading &quot;KORE Mining Provides Update on Spin Out of Karus Gold Creating BC Focused Gold Explorer&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-05T13:33:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1394497\/Kore_Mining_KORE_Mining_Provides_Update_on_Spin_Out_of_Karus_Gol.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"KORE Mining Provides Update on Spin Out of Karus Gold Creating BC Focused Gold Explorer\",\"datePublished\":\"2021-01-05T13:33:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer\\\/\"},\"wordCount\":1851,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1394497\\\/Kore_Mining_KORE_Mining_Provides_Update_on_Spin_Out_of_Karus_Gol.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kore-mining-provides-update-on-spin-out-of-karus-gold-creating-bc-focused-gold-explorer\\\/\",\"name\":\"KORE Mining Provides Update on Spin Out of Karus Gold Creating BC Focused Gold Explorer - 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