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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 May 16, 2023 10:23am
193 Views
Post# 35450164

Krr's drill results keep showing higher and higher grades!

Krr's drill results keep showing higher and higher grades!Larkin's latest drill results were 29.8 g/t over 7.8 metres...

Mason zone had high grade results...

Fletcher had outstanding high grade drill holes over 1.4 km shear zone.. 

Western flanks showed higher grade results deeper down...

If Beta Hunt can get it's overall grade up to 3.5 g/t by blending all these different shear zones, and if they are going to extract 2.3 million tons of ore once the 2 ramps are in operation , you get 2.3 million tons of ore x 3.5g x 94% recovery = 244,000 net ounces of production just from Beta Hunt alone, but add another 500,000 tons of ore from other deposits at 3.5 g/t  ( once the ball mill is activated at Lakeview mill the total ore capacity for both mills will reach 2.8 million tons/year)  and we get another 53,000 ounces of gold for a grand total of 297,000 ounces of gold. ..

This is what you get when grades increase....Krr's future is very bright...
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