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.

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Karora Resources Inc > Krr to mine 550 tonnes of nickel in 2022

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Post by Farquaron Feb 18, 2022 9:54am

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Post# 34441496

Krr to mine 550 tonnes of nickel in 2022

So at today's nickel price 550 tonnes x 24,254$US tonne = 13,339,700.00 $US or almost 17 million$cdn gross revenues ( NOT PROFIT)...As I had mentioned before, 550 tonnes = 550 truckloads ( 35,000 tonne dump truck)of 2.9% nickel ore that would need 7 full days of exclusive access to the ramp at Beta Hunt...Why are they only devoting 7 days of ramp usage for nickel mining? If they tripled the ramp usage to 21 days , they would be able to mine 1650 tonnes of nickel with gross revenues of almost 51 million $ canadian....Why are they not maximizing their nickel mining? We need to pose these questions to Huet....

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Xplore Resources to expand position near Surge Lithium Project