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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 davgroon Jul 19, 2022 8:20am
174 Views
Post# 34833735

KRR Drills Highest Grade Interval To-Date at Larkin Zone

KRR Drills Highest Grade Interval To-Date at Larkin Zone
2022-07-19 07:46 ET - News Release

TORONTO, July 19, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce high-grade drill results from the Larkin Zone as part of its ongoing underground diamond drill program at Beta Hunt, which includes the following intersections:
 
29.8 g/t over 7.8 metres (BL1890-03AR)
8.7 g/t over 4.0 metres (BL1890-13AR)
4.2 g/t over 6.9 metres (BL1890-01AR)
 
Results from the drilling program support and extend the mineralization already defined by the current Larkin Mineral Resource and provide strong encouragement for potential high-grade mineralization to continue at depth, over 120 metes below the ultramafic/basalt contact.
 
Paul Andre Huet, Chairman & CEO, commented: "I am very pleased with the latest set of drill results at Beta Hunt which continue to demonstrate the tremendous high-grade potential of this underground mine. While our mined grades are consistent with our 2.6 g/t Mineral Reserve, we often encounter higher grade pockets such as those reported in today's announcement, with one returning almost an ounce per tonne intercept - an exciting result in any gold mine.

Continue Reading using link below:

https://www.newswire.ca/news-releases/karora-drills-highest-grade-interval-to-date-at-beta-hunt-s-larkin-zone-reporting-29-8-g-t-gold-over-7-8-metres-815418520.html
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