KORE Mining Ltd. (V:KORE*CA)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: Suite 970, 1055 West Hastings Street
VANCOUVER BC V6E 3E9
Tel: N/A
Website: https://www.koremining.com
IR: See website
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Key People
James Warwick Hynes
Chairman of the Board, President, Chief Executive Officer
Anil Jiwani
Chief Financial Officer, Company Secretary
 
Business Overview
KORE Mining Ltd. is a Canada-based exploration and development stage company. The Company is focused on its portfolio of gold assets: Imperial and Long Valley in California, United States. The Imperial gold project is being advanced towards mine development while exploring district-scale growth opportunities at both the Imperial and Long Valley gold projects. It owns 100% of the Mesquite-Imperial-Picacho District which consists of approximately 31,000 acres of claims capturing the entire 28-kilometer trend from the operating Mesquite mine to the closed Picacho mine and including its Imperial project. The Mesquite-Imperial-Picacho District centers on its Imperial project. Long Valley is its 100% owned epithermal gold and silver project located in Mono County, California. The 15,965-acre land package around the project is district in scale and covers all deep-rooted fault structures of similar genesis to the Hilton Creek fault, the primary conduit for the current Long Valley deposit.
Financial Overview
For the nine months ended 30 September 2023, Kore Mining Ltd revenues was not reported. Net loss decreased 62% to C$1.4M. Lower net loss reflects Management Remuneration decrease of 88% to C$104K (expense), Exploration and evaluation expenses decrease of 60% to C$462K (expense), Marketing and professional fees decrease of 47% to C$380K (expense).
Employees: 6 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $8.37M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$1.74M as of Sep 30, 2023
Net annual income (TTM): -$1.89M as of Sep 30, 2023
Free cash flow (TTM): -$1.39M as of Sep 30, 2023
Net Debt Last Fiscal Year: $0.29M as of Sep 30, 2023
Shares outstanding: 201,826,357 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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