Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Nov 24, 2021 7:38pm
209 Views
Post# 34163707

Maximus resources exploring for nickel next to Spargos

Maximus resources exploring for nickel next to SpargosSo, I was checking on the nickel price this morning and there was a news release from a company called Maximus Resources. They are doing a 7000 metre drill program just south of the Spargos deposit.. Their land package is 48 square kms..They are close to Mincor as well... They say the best nickel drill result in this mostly unexplored land , is 2.4% nickel grade for 2 metres... This is a decent grade...It made me wonder if Spargos' land package ( 32 sq. kms) has any meaningful nickel on it... By the way, Spargos is about 20 kms away from BHP'S nickel concentrator. Beta Hunt is only 5 kms from that concentrator.. Mincor's deposit called Cassini is a good 40 - 50 kms from the BHP nickel concentrator..I am not sure about their other nickel deposits and how far they are but I am guessing in the 30 kms to 60 kms away from that nickel mill... So , as I had mentioned on an earlier post, that I saw one estimate of the potential ASIC of Mincor's production and I it was about $6900 US /tonne of nickel (3.13 $/pound)....I anticipate Krr's AISC for nickel to be less than Mincor's because beta is so much closer to BHP'S mill and Beta Hunt has those 400 kms of underground tunnels already built and paid for.....
<< Previous
Bullboard Posts
Next >>