Kore Mining Announces Appointment of Darin Wagner as Advisor, Grants Stock Options

Kore Mining Announces Appointment of Darin Wagner as Advisor,

Grants Stock Options

VANCOUVER

,

Jan. 14, 2019

/CNW/ - KORE Mining Ltd. ("

KORE

" or the "

Company

") is pleased to announce that it has appointed Mr.

Darin

Wagner

as an advisor to the company.

"I am pleased to be asked to assist the team at KORE Mining. KORE has assembled a portfolio of early stage to advanced gold focused assets

in western

North America

which demonstrate strong synergies with nearby operating mines, proximity to new discoveries and exciting

exploration potential at a time when the gold market appears ready to emerge from its recent slumber."

said

Darin Wagner

, KORE Advisor.

Mr. Wagner is a Professional Geologist with over 25 years of exploration and corporate development experience. Mr. Wagner spent the first 10

years of his career with two of

Canada's

largest and most successful exploration and mining companies (Noranda (now Glencore) and Cominco

(now Teck)) as a project geologist and manager in North and

South America

.

In 1999 Mr. Wagner became Vice-President, Exploration for New Millennium Metals Corp. which was successfully merged with Platinum Group

Metals Ltd. in 2002. Mr. Wagner served as Exploration Manager for TSX-listed Platinum Group Metals through the acquisition, discovery, and

early phase of delineation of the multi-million ounce West Bushveld PGE deposit in

South Africa

.

Mr. Wagner became President of Sydney Resource Corp. in

September 2005

and helped engineer the successful merger between

Sydney

and

Band Ore Resources to form West Timmins Mining Inc. in 2006. He then served as a President, CEO, Director, and Qualified Person for West

Timmins Mining through the discovery of the high-grade Thunder Creek gold deposit in

Timmins, Ontario

and the acquisition of

West Timmins

by

Lake Shore Gold in an all share deal valued at

$424 million

, which was completed in November of 2009.

Since 2010 Mr. Wagner has served as President and CEO of Balmoral Resources who have twice been recognized as Explorers of the Year in

Quebec, Canada

. Mr. Wagner and the team at Platinum Group Metals were also awarded the NWOPA Explorer of the Year Award in 2004 for

the Seagull Pt-Pd discovery near

Thunder Bay, Ontario

. In addition to his duties with Balmoral Mr. Wagner currently serves on the Board of

Directors of Palamina Corp, VR Resources and was a co-founder Falco Resources, and a founding director of NewCastle Gold (now Equinox

Gold).

Subject to compliance with all applicable laws and the rules (and approval) of the TSX Venture Exchange, KORE has granted a total of

3,000,000 options pursuant to the stock option plan of the Company to various officers, directors and consultants of the Company, including Mr.

Wagner (the "Stock Options"). The Stock Options will have an exercise price of $0.14 and expire on January 13, 2024. They will vest over two

years as follows: 1,000,000 of the Stock Options will vest immediately with the remaining 2,000,000 Stock Options vesting annually on

January

13, 2020

and 2021, respectively.

About

KORE

KORE Mining is a development stage company that offers exposure to precious metals exploration and development in

North America

, with a

corporate strategy focused on advancing its

California

development and

British Columbia

advanced exploration stage projects.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any KORE common shares in

the United States

. The

KORE common shares to be issued in connection with the Transaction have not been and will not be registered under

the United States

Securities Act of 1933

, as amended (the "

U.S. Securities Act

"), or any state securities laws and may not be offered or sold within

the United

States

or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such

registration is available.

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 Adjacent Properties and Forward-Looking Information

All information contained in this news release with respect to KORE and Kore was supplied by the parties, respectively, for inclusion herein,

and KORE and its directors and officers have relied on KORE for any information concerning such party, including information concerning the

Projects.

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" and similar

expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding

the future plans and objectives of the Company are forward-looking statements that involve risks and uncertainties. There can be no assurance

that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such

statements. Such factors include, but are not limited to:

uncertainties related exploration and development; the ability to raise sufficient capital

to fund exploration and development; changes in economic conditions or financial markets; increases in input costs; litigation, legislative,

environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to

obtain permits encountered in connection with exploration activities; and labor relations matters. This list is not exhaustive of the factors that

may affect the Company's forward-looking information.

Important factors that could cause actual results to differ materially from the Company's

expectations also include risks detailed from time to time in the filings made by the Company with securities regulations.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or

circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks,

uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on

any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to

be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are

expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this

news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by

Canadian securities law.

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SOURCE

Kore Mining

View original content:

http://www.newswire.ca/en/releases/archive/January2019/14/c8781.html

%SEDAR: 00005837E

For further information:

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

www.sedar.com, or by contacting Adrian Rothwell, President and CEO, by email at [email protected] or by telephone at (888) 406 5779.

CO: Kore Mining

CNW 08:50e 14-JAN-19