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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 Farquaron Aug 19, 2021 9:31am
387 Views
Post# 33729614

Krr is a 134,000 ounce/year right now in 2021

Krr is a 134,000 ounce/year right now in 2021The mill is at 1.6 million tons/year capacity with a net grade of 2.6 g/t = 134,193 ounces....The analyst Taylor Dart at Seeking Alpha , was saying in a write-up on Krr a couple of months ago, that he thinks Krr has a good chance to become a 130,000 ounce producer in 2023....lol These analysts are out to lunch, which is probably not helping new investors to get enthusiastic about Krr... But , like I said, the market will have to revalue Krr sooner than later...even if we are in a gold bearmarket..
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