KORE Announces Retirement of a Director

KORE Announces Retirement of a Director

Vancouver, British Columbia --(Stockwatch – July 19 , 2024 ) - KORE Mining Ltd. (TSXV: KORE) (" KORE" or the

"Company ”) announces the retirement of Mr. Robert J. (Don) MacDonald from the board of director s of the Company,

effective July 6, 2024.

The board of directors would like to thank Mr. MacDonald for his dedicated service for the nearly six years he has been a

director and wish him all the best in his retirement .

About KORE Mining

KORE Mining is focused on responsibly creating value from its portfolio of gold assets in California, USA. The Company

is advancing the Imperial project towards development while continuing to explore across both district -scale gold assets.

Further information on the Imperial project and KORE can be found on the Company's website at www.koremining.com

or by contacting us as [email protected] o r by telephone at (888) 407- 5450.

On behalf of KORE Mining Ltd.

"James Hynes"

Executive Chairman and CEO

(888) 407-5450

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.

Cautionary Statement Regarding Forward -Looking Information

This news release contains forward -looking statements relating to the future operations of the Company and other

statements that are not historical facts. Forward -looking statements are often identified by terms such as "will", "may",

"should", "anticipate ", "expects", "intends", "indicates" and similar expressions. All statements other than statements of

historical fact, included in this release, including, without limitation, statements regarding the future plans and objective s

of the Company are forward - looking statements.

Forward-looking statements in this news release include, but are not limited to, statements with respect to: the ability to

advance exploration activities at the Imperial gold deposit; potential actions, behavior or position of the BLM; and the

underexplor ed and prospective nature of the Imperial Regional Exploration Drilling area. Such forward- looking

statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment

regarding the direction of our business. In connection with the forward- looking information contained in this presentation,

the Company has made numerous assumptions, including, among others: there being no significant change to current

geotechnical, metallurgical, hydrological and other physical conditions at the Imperial Project; exploration, permitting,

and development of the Imperial Project being consistent with current expectations and planning; the geological, permitting

and economic advice that the Company has received is reliable and is b ased upon practices and methodologies which are

consistent with industry standards; and other planning assumptions. While the Company considers these assumptions to

be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the

actual results, performance or achievements of the Company to be materially different from any future results, performance

or achievements exp ressed or implied by the forward -looking information. Known risk factors include, among others: the

outcome of BLM's review processes for permitting, including the final outcome(s) of BLM's mineral claim validity

examination(s) and administrative review pr ocess(es) with respect to the Imperial Zone, including a change to the findings

from the mineral claim validity examination conducted in 2002 for the mill sites at the Imperial Zone, resulting in the

Company having to move its future Imperial Zone project support facilities to areas that are not within the Indian Pass

mineral withdrawal area; the possibility that BLM may require and/o r conduct further mineral claim validity examinations

with respect to the Imperial project, and the outcome and final determination of such examination could, among other

things, invalidate one or more mining claims; the possibility that BLM or other governmental authority review of the

Regional Exploration D rilling program, delays or changes the Company's plan for Regional Exploration Drilling

permitting, which could result, among other things, in delays, additional project requirements, additional costs and

uncertainty of meeting anticipated program mileston es; the exploration drill program may not be completed as planned;

the need to obtain additional financing; uncertainty as to the availability and terms of future financing; the possibility of

delay in exploration or development programs and uncertainty of meeting anticipated program milestones; unce rtainty as

to timely availability of permits and other government approvals.

Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any

obligation to update any forward- looking statements, whether as a result of new information, future events or results,

except as may be r equired by applicable securities laws. There can be no assurance that forward- looking information will

prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward- looking information.

There is no certainty that all or any part of the mineral resource will be converted into mineral reserve. It is uncertain if

further exploration will allow improving the classification of the Indicated or Inferred mineral resource. Mineral resources

are not mineral reserves and do not have demonstrated economic viability.