Interior of British Columbia

Karus Gold Provides Exploration and Listing Update

Retrieved on: 
Thursday, July 29, 2021

Rapidly advancing Company's South Cariboo District Gold Project

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") is pleased to announce that is has completed the first phase of drilling at its Gold Creek project ("Gold Creek") and has commenced drilling at its FG Gold project ("FG Gold") in the South Cariboo Gold District in British Columbia (Figure 1).
  • Karus Gold CEO Andrew Kaip comments, "Gold Creek Phase 1 drill program was a success with all five holes intersecting broad zones of mineralization at the target depth.
  • Following completion of the Gold Creek Phase 1 drill program, the diamond drill was mobilized to FG Gold.
  • Karus Gold is 100% owner of the 1,000 km2 South Cariboo Gold District that includes the drill-stage FG Gold and Gold Creek projects in British Columbia.

CPABC: Kootenays’ strong population growth outpacing housing supply, pushing prices to record highs

Retrieved on: 
Wednesday, June 16, 2021

The regions population growth has slowed from its peak in 2016, when the region welcomed over 2,400 new residents.

Key Points: 
  • The regions population growth has slowed from its peak in 2016, when the region welcomed over 2,400 new residents.
  • Despite the decline, the region has seen reasonably strong growth over the past five years.
  • The Kootenays population increased by 3.8 per cent between 2016 and 2020, as a growing number of residents moved to the region from other parts of Canada.
  • That advantage has eroded recently as housing sales and prices soar to record highs.

CPABC: Despite COVID-19 pandemic, Thompson-Okanagan seeing rapid population and housing price growth

Retrieved on: 
Tuesday, June 15, 2021

Further, the Thompson-Okanagan has seen the fastest population growth in B.C.

Key Points: 
  • Further, the Thompson-Okanagan has seen the fastest population growth in B.C.
  • over the past five years, as many from across the province and outside the province relocated to the region.
  • This is critical as natural growth is trending downward as our population continues to age.
  • It is encouraging to see that housing construction activity has picked up in recent years, but it is not keeping pace with population growth, noted Christiansen.

Karus Gold Outlines 2021 Exploration Program at South Cariboo Gold District

Retrieved on: 
Thursday, May 6, 2021

18,000 Meter Drill Program Planned to Expand Gold Mineralization at FG Gold and Gold Creek Projects

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 6, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") announces details on its planned 2021 exploration program on the 1,000 square kilometer ("km") South Cariboo Gold District in British Columbia (Figure 1).
  • "\nKarus Gold anticipates mobilization to the South Cariboo Gold District in late May, subject to financing and permitting, starting with a Phase 1 drill program at the Gold Creek project before moving onto the FG Gold project.
  • Coincident with drilling, the Company is planning further grid soil and IP geophysical surveys to better delineate zones of gold mineralization at Gold Creek.\nThe South Cariboo Gold District ("District") hosts 110 km of the Eureka thrust structural trend ("Trend") that drives gold mineralization in the District.
  • Work will also focus on identifying new areas of gold mineralization within the highly prospective District.\nKarus Gold is 100% owner of the 1,000 km2 South Caribou Gold District that includes the drill-stage FG Gold and Gold Creek projects in British Columbia.

Valorem Announces Acquisition of British Columbia Gold Project

Retrieved on: 
Friday, January 29, 2021

VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) -- VALOREM RESOURCES INC. (the Company or Valorem) (CSE: VALU) (Frankfurt: 1XW1) is pleased to announce that the Company has entered into an acquisition agreement dated January 29, 2021 (the Agreement) to acquire the British Columbia project (the BC Property) located in the Cariboo District, British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) -- VALOREM RESOURCES INC. (the Company or Valorem) (CSE: VALU) (Frankfurt: 1XW1) is pleased to announce that the Company has entered into an acquisition agreement dated January 29, 2021 (the Agreement) to acquire the British Columbia project (the BC Property) located in the Cariboo District, British Columbia.
  • As consideration for the BC Property, the Company will issue a total of 30,000,000 common shares to five independent shareholders of 1267818 B.C.
  • No new insiders and no control persons will be created in connection with the acquisition of the BC Property.
  • For further details and maps, please see:
    ON BEHALF OF THE BOARD - Valorem Resources Inc.

KORE Mining Completes Spin Out Transaction Creating Karus Gold, A Leading British Columbia Gold Explorer

Retrieved on: 
Monday, January 25, 2021

KORE CEO and Karus Gold Director, Scott Trebilcock commented, "Karus Gold is well positioned with a large 1,000 kilometer square land position in the re-emerging Cariboo Gold District of BC.

Key Points: 
  • KORE CEO and Karus Gold Director, Scott Trebilcock commented, "Karus Gold is well positioned with a large 1,000 kilometer square land position in the re-emerging Cariboo Gold District of BC.
  • We are excited to see Karus Gold's assets exposed to the valuation forces of a pure play explorer."
  • Karus Gold controls 1,000 kilometers square of the Cariboo Gold District ("District") in British Columbia.
  • Karus Gold has drill results from 2020 pending and has plans to continue aggressive exploration in 2021.

/R E P E A T -- KORE Mining Considering Spin-Out of South Cariboo Gold Exploration Assets to KORE Shareholders/

Retrieved on: 
Tuesday, November 24, 2020

KORE would retain the US gold development pipeline assets with the Imperial gold project and the Long Valley gold project.

Key Points: 
  • KORE would retain the US gold development pipeline assets with the Imperial gold project and the Long Valley gold project.
  • It is also a great time for the Cariboo gold district with Osisko's aggressive exploration and development activity attracting attention and capital.
  • KORE controls 1,000 square kilometers of claims in its South Cariboo Gold District of British Columbia.
  • KORE has multiple projects in the District, including FG Gold and Gold Creek gold projects.

KORE Mining Considering Spin-Out of South Cariboo Gold Exploration Assets to KORE Shareholders

Retrieved on: 
Tuesday, November 24, 2020

If the Transaction is completed, the new stand-alone publicly listed gold company would include the Canadian exploration assets, consisting of a commanding 1,000 kilometers square claim position in the Cariboo Gold District including the FG Gold and Gold Creek gold projects see Figure 1.

Key Points: 
  • If the Transaction is completed, the new stand-alone publicly listed gold company would include the Canadian exploration assets, consisting of a commanding 1,000 kilometers square claim position in the Cariboo Gold District including the FG Gold and Gold Creek gold projects see Figure 1.
  • KORE would retain the US gold development pipeline assets with the Imperial gold project and the Long Valley gold project.
  • Scott Trebilcock, President and CEO stated, "With a dominant 1,000 square kilometre position in a highly prospective gold district, including the recent transformational high-grade discovery at FG Gold, KORE's South Cariboo gold assets are an exceptional gold exploration story.
  • It is also a great time for the Cariboo gold district with Osisko's aggressive exploration and development activity attracting attention and capital.

KORE Mining Considering Spin-Out of South Cariboo Gold Exploration Assets to KORE Shareholders

Retrieved on: 
Tuesday, November 24, 2020

If the Transaction is completed, the new stand-alone publicly listed gold company would include the Canadian exploration assets, consisting of a commanding 1,000 kilometers square claim position in the Cariboo Gold District including the FG Gold and Gold Creek gold projects see Figure 1.

Key Points: 
  • If the Transaction is completed, the new stand-alone publicly listed gold company would include the Canadian exploration assets, consisting of a commanding 1,000 kilometers square claim position in the Cariboo Gold District including the FG Gold and Gold Creek gold projects see Figure 1.
  • KORE would retain the US gold development pipeline assets with the Imperial gold project and the Long Valley gold project.
  • Scott Trebilcock, President and CEO stated, "With a dominant 1,000 square kilometre position in a highly prospective gold district, including the recent transformational high-grade discovery at FG Gold, KORE's South Cariboo gold assets are an exceptional gold exploration story.
  • It is also a great time for the Cariboo gold district with Osisko's aggressive exploration and development activity attracting attention and capital.

KORE Mining Continues to Discover New Mineralization Down Dip and On Strike at FG Gold and Extends Drill Program in South Cariboo Gold District

Retrieved on: 
Thursday, October 22, 2020

KORE CEO Scott Trebilcock commented, "FG Gold is the flagship project within KORE's district scale South Cariboo Gold District.

Key Points: 
  • KORE CEO Scott Trebilcock commented, "FG Gold is the flagship project within KORE's district scale South Cariboo Gold District.
  • KORE expects the Cariboo region to re-emerge as a top gold jurisdiction with FG Gold following Osisko's footsteps as the next great project in the Cariboo region."
  • Select highlights follow:
    Mr. Trebilcock continued, "KORE will start releasing assay results for the latest FG Gold drilling in early November.
  • The extended drilling will target new discoveries in the South Cariboo Gold District and extending mineralization at Gold Creek."