King River Resources Ltd T.KRR

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.

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Post by retiredcfon Nov 17, 2020 7:02am

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Post# 31912764

Insider Buying

Always good to see, especially when there are more than one. GLTA

Money Is Moving

Public market insider buying at Karora Resources (T:KRR)

Updated Tuesday Nov 17, 2020 03:36 AM EDT

Michael Benjamin Jr. Doolin, a Senior Officer, acquired 50,000 Common Shares on a control or direction basis for registered holder IRA account at a price of $3.456 on November 16th, 2020. This represents a $172,785 investment into the company's shares and an account share holdings change of greater than 100%.

Warwick Morley-Jepson, a Director, acquired 1,471 Common Shares on a direct ownership basis at a price of $3.420 on November 16th, 2020. This represents a $5,031 investment into the company's shares and an account share holdings change of 7.4%.

Karora Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Karora Resources Inc., formerly Royal Nickel Corp., is a Canada-based multi-asset mineral resource company. The Company is focused primarily on the acquisition, exploration, evaluation and development of precious metal properties. It is focused on gold production in Western Australia. The Company's operations include Beta Hunt Gold Mine and Higginsville Gold Operations (HGO). The Higginsville Gold Operations includes a 1.4 million tons per annum (Mtpa) processing plant, approximately 192 mining tenements including Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Beta Hunt Mine, located approximately 600 kilometers from Perth in Kambalda, Western Australia, hosts both gold and nickel resources in adjacent discrete mineralized zones.