VANCOUVER, Oct. 29, 2019 /CNW/ - KORE Mining Ltd.
(TSX-V: KORE) ("KORE" or the "Company") is
pleased to announce that Marc Leduc
is joining KORE to lead development of the Company's Imperial heap
leach gold project as Chief Operating Officer ("COO").
KORE CEO Scott Trebilcock
commented, "KORE is excited to welcome Marc to our team. Marc
brings a rare combination of technical and jurisdictional
experience that will be a great asset to the Imperial gold project
and the Company. I am further encouraged by Marc's rich
leadership experience in smaller developing companies with an eye
for cost management and project development."
Mr. Leduc is a mining engineer and geologist with over 30 years
designing, constructing and operating large heap leach gold mines,
including Barrick's Pierina and New Gold's Cerro Pedro. Mr. Leduc also has unique and
recent California mining
experience having led the team in the restart engineering and
permitting of the Castle Mountain gold project.
Previously, Mr. Leduc was COO and then CEO of NewCastle Gold
Ltd. (gold heap leach project in California), CEO of Luna Gold Corp. (gold
milling project in Brazil), COO at
Lydian International Limited (gold heap leach project in
Armenia) and President and COO of
Bear Creek Mining Corporation (both silver/gold heap leach project
and a polymetallic project in Peru). He holds a B.Sc. (Honors) in Mining
Engineering from Queen's University and a B.Sc. in Geology from the
University of Ottawa. Mr. Leduc resides in Denver, Colorado with ready access to the
Imperial project and an array of engineers and contractors
supporting the western US gold sector.
Mr. Leduc has received an initial grant of incentive stock
options to purchase 500,000 common shares of KORE exercisable at a
price of $0.29 expiring five years
from the date of grant, subject to regulatory approval.
About KORE
KORE is 100% owner of a portfolio of advanced gold exploration
and development assets in California and British Columbia. KORE is
supported by strategic investors Eric
Sprott and Macquarie Bank who, together with the management
and Board own 66% of KORE. The Company is well positioned to
advance and unlock the value of its multi-million ounces of gold
resources.
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.
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SOURCE Kore Mining