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Karora Resources Inc KRRGF


Primary Symbol: T.KRR

Metals & Mining Gold
Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.


TSX:KRR - Post by User

Karora Resources Inc > Any surprises
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Comment by MaterialsManon Jun 23, 2024 10:35am
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Post# 36102170

RE:Any surprises

RE:Any surprisesI don't know if excluding shareholders who bought last week from voting is SOP, but it seems strange.
The SpinCo thing has me a bit confused. I thought the name of the spun out company was Kali Metals
ASX:KMI.
Also didn't expect that the document would be so concise.
I figured it would be 40 pages or so of fine print.
I guess now it's a matter of getting the 66+% of the shareholders to vote on the proposal.
Sometimes folks think their vote doesn't matter. That's not always the case.
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