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 hits yet another 52 week low...,2.75

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Comment by Lemboyon Jul 13, 2022 11:47pm

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Post# 34822865

RE:RE:RE:RE:Krr hits yet another 52 week low...,2.75

Gold in AUD is currently at $AU2,530 so at the same level it was in February of this year in February KRR was trading at approx $4 CAD, it would appear that AUD is not a major factor in KRR price drop if anything it should be positive as AUD declined more against USD than CAD so KRR is getting more AUD for the gold while expenses are in AUD.

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