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Karora Resources Inc T.KRR

Alternate Symbol(s):  KRRGF

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

Post by awacs1on Jul 15, 2020 10:29pm
202 Views
Post# 31274000

And the interview again

And the interview againI listened to the interview again-worth the time. I was impressed with the discussion on BH and Fathers Day. Paul indicated that due to the nature of the Fathers day vein, it will not be included directly in the P2 numbers. As the vein is mined, the heuristics will allow for a prediction to be included in the annual production report and in the annual projection of production and AISC. But the area will be mined with consideration to the fact that it is not a vein per se but a stream of material. He also mentioned that there are 400km of tunnels which were created previously and they are available to reduce exploration drilling cost. I appreciate the focus on goals and the descipline applied to achieving the goals. Regret that there was no discussion on the reverse share move. My take is that over the next three months the NR will project a vastly different operation. Cheers
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