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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

Comment by JRafflesUKon Feb 10, 2021 3:23pm
174 Views
Post# 32528273

RE:KRR

RE:KRR
Huet’s Klondex project was where I invested in 2016 and the gains from this was mostly migrated into KL, at the time of the Newmarket takeover. Therefore Huet’s Klondex created the bulk of investment capital to enable me to seek other mining prospects.
 
Since mid-2019 I sold most of my KL stock and invested in Novo, with coarse gold prospects at Beaton’s Creek and other parts of the Pilbara. I was interested therefore, to hear Huet express confidence in coarse gold mining prospects for KRR.
 
It will be interesting to hear whether the low cost coarse gold mining techniques being pioneered by Novo (concentrating nuggets with mechanical sorting machines), may at some time, be utilised by KRR.
 
 
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