**KORE Announces New CFO and Director**
KORE Mining Ltd. has appointed Jim Henning as the new Chief Financial Officer and director of the Company. Mr. Henning, a Chartered Accountant with extensive experience in valuating businesses, will bring his expertise to KORE effective March 28, 2024. The Company expressed gratitude to Anil Jiwani, the outgoing CFO and Corporate Secretary, for his two years of service.
**Board Change**
In addition to the new CFO appointment, Harry Pokrandt has resigned from the Board after serving for over six years. The Board acknowledged Mr. Pokrandt’s contributions and thanked him for his service.
**Shares for Debt Transaction**
KORE Mining Ltd. plans to settle outstanding accounts payable amounting to $105,000 through a “Shares for Debt Transaction.” The Company will issue up to 2,333,333 common shares at a deemed price of $0.045 per share to the Consultant. This transaction is a non-arm’s length deal and will not result in a new control person for the Company.
**About the Imperial Gold Project**
KORE Mining owns the Mesquite-Imperial-Picacho District, which includes the Imperial project. The project boasts a mineral resource estimate and a positive preliminary economic assessment, making it a valuable asset for the Company’s future operations.
**About KORE’s Long Valley Gold Deposit**
The Long Valley deposit is an intact low sulphidation epithermal Au-Ag deposit with significant exploration potential. With a large oxide footprint and a promising Preliminary Economic Assessment, the Long Valley project presents a compelling opportunity for KORE Mining.
KORE Mining is dedicated to creating value from its gold assets in California, USA. The Company’s focus on responsible development and exploration sets it apart in the mining industry.