EXPLORATION & DEVELOPMENT

PEA suggests 'robust, mid-tier' mine at Kore's Imperial project

Eric Sprott-backed Kore Mining (TSXV: KORE) says a preliminary economic assessment for its Imperial project in California has demonstrated the potential for a “robust, mid-tier gold mine with compelling project economics”.

Staff reporter
 Kore Mining’s Imperial project in California is near Equinox Gold’s Mesquite mine

Kore Mining’s Imperial project in California is near Equinox Gold’s Mesquite mine

Imperial sits within 15km of Equinox Gold's circa 130,000 ounce per annum Mesquite mine. The PEA estimated initial capex of US$142 million, an after-tax NPV5 of $343 million and IRR of 44% using a $1,450/oz...

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