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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 Feb 16, 2022 10:52am
267 Views
Post# 34433652

Gamma zone looks like it has mega nickel

Gamma zone looks like it has mega nickelIn his last interview, Huet mentioned what I would consider a "bombshell" statement...He mentioned an historic nickel drill result from a few years ago , that most of us never heard about before, further south in the Gamma zone..It was either 1km south of those 50C high grade drill results (18% nickel) or maybe 2 kms south , but that historic drill result was a phenomenal one, something like 10% nickel for almost 10 metres...don't quote me on this, but it was in this ballpark...So, what this new information means is that 50C looks like it's a very high grade nickel deposit that could be 2 kms long, if not more... This 50C nickel deposit is a game changer....The drills in 2022 will certainly tell the tale and reveal what is under there...If 50C has tens of thousands of tonnes of let's say 5% nickel or more, the profitability of Krr will go through the roof and the share price will follow...
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