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.

TSX:KRR - Post by User

Karora Resources Inc

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Post by Farquaron Feb 01, 2023 10:27am

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Post# 35259320

Average gold price for Q1 = 1900.37$

So, after 23 trading days, with a gold price of 1927$ right at this minute, the average has now surpassed the 1900$ mark.....

Krr's share price should move up to reflect the much better economics of it's gold production..

It's not like the average gold price going up almost 170$/ounce in Q1/23 over Q4/22's average gold price is not attracting attention towards these very profitable miners like Krr...

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