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Karora Resources Inc T.KRR

Alternate Symbol(s):  KRRGF

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 > Nickel and gold ..."a rare combination"
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Post by krrsupporteron Feb 19, 2021 1:31pm
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Post# 32611147

Nickel and gold ..."a rare combination"

Nickel and gold ..."a rare combination"From spet. 2020
https://www.mining.com/karora-discovers-new-gold-nickel-mineralization-at-beta-hunt/

"It contains an estimated 10.1Mt gold resources at 2.9 g/t for 944,000 contained ounces of gold, as well as 379Kt nickel resources at 4.42% for 15,840 contained tonnes of nickel, both in the measured and indicated category."

at $19,000/tonne US X 15,840T = 30,096,000,000

What does $30B in nickel do the cost mining the gold?  Nickel an EV metal...depending upon which website....is up $300 to 800/t today alone.

None of this takes into account any resources found since sept 2020 nor any future discoveries.

disclaimer:  I am wrong about many things and welcome any corrections to this post.

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