Karus Gold Corp.: Karus Gold Drills 12.4 Meters of 4.3 g/t Gold at FG Gold Confirming Continuity of the Lower Zone Discovery with Widely Spaced Holes
Vancouver, British Columbia (Newsfile Corp. - April 22, 2021) - Karus Gold Corp. (
Karus Gold or the
Company ) announces additional high-grade gold drill results including 12.4 meters (
m ) of 4.3 g/t gold in hole FG-20-376, starting at 239.4 m downhole in the Lower Zone of the FG Gold Project (
Project or
km ) South Cariboo Gold Property in British Columbia.
Additionally, hole FG-20-376 which intercepted 62.3 m of 1.7 g/t gold, confirms broad mineralization and higher-grade potential within the Upper Zone which hosts an at surface historical resource. All five holes included in this news release successfully expanded the footprint of gold mineralization beyond the historical resource area.
KORE Mining Completes Spin Out Transaction Creating Karus Gold, A Leading British Columbia Gold Explorer
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VANCOUVER, BC, Jan. 25, 2021 /PRNewswire/ - KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) (
KORE or the
Karus Gold ) are pleased to announce that they have closed the plan of arrangement (the
Arrangement ) previously announced on December 16, 2020, pursuant to which KORE has spun-out its Canadian assets to Karus Gold effective as of 12:01 a.m. (Vancouver time) (the
Effective Time ) on January 25, 2021 (the
Effective Date ).
KORE CEO and Karus Gold Director, Scott Trebilcock commented, Karus Gold is well positioned with a large 1,000 kilometer square land position in the re-emerging Cariboo Gold District of BC. With two advanced exploration projects, including FG Gold and Gold Creek, and supported by news flow from 19 drill holes at the lab, Karus Gold is strongly positioned to
VANCOUVER, BC, Jan. 20, 2021 /PRNewswire/ - KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) (
KORE or the
Company ) is pleased to announce that with respect to its special meeting of shareholders held today (the
Meeting ), all of the resolutions were duly passed, including the special resolution (the
Arrangement Resolution ) to approve the proposed plan of arrangement (the
Arrangement ) pursuant to which KORE will spin-out its British Columbia exploration assets to Karus Gold Corp. (
Karus Gold ).
KORE CEO Scott Trebilcock commented, With the recent high-grade gold discovery at FG Gold of 14.35 meters of 6.44 g/t gold and drill results across 1.8 kilometers of strike from 14 pending holes, Karus is strongly positioned to attract capital and generate significant value for shareholders. We are excited to see Karus assets exposed to the valuation forces for a pure play explorer with high grade drill results in an excellent jurisdiction.
Home » Internet » KORE Mining Shareholders Overwhelmingly Approve Spin-Out of British Columbia Exploration Assets Creating Karus Gold
KORE Mining Shareholders Overwhelmingly Approve Spin-Out of British Columbia Exploration Assets Creating Karus Gold Posted by PublisherInternet Thursday, 21. January 2021
KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (?KORE? or the ?Company? – https://www.commodity-tv.com/ondemand/companies/profil/kore-mining-ltd/ ) is pleased to announce that with respect to its special meeting of shareholders held today (the ?Meeting?), all of the resolutions were duly passed, including the special resolution (the ?Arrangement Resolution?) to approve the proposed plan of arrangement (the ?Arrangement?) pursuant to which KORE will spin-out its British Columbia exploration assets to Karus Gold Corp. (?Karus Gold?).
Kore Mining gibt den Erhalt einstweiliger Verfügung und die Einreichung des Informationsrundschreibens der Unternehmensleitung für die Sonderversammlungen zur Genehmigung der Ausgliederung der Karus Gold mittelstandcafe.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mittelstandcafe.de Daily Mail and Mail on Sunday newspapers.