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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 MaterialsManon Sep 06, 2023 10:15am
160 Views
Post# 35621748

250 million pounds

250 million poundsSaw the blurb about the proposed value of the nickel project in BC.
Says about 2 billion NPV.
I believe the Dumont NPV was about half that if I understood correctly.
When I looked up the details, I noticed that it said there were two hundred and fifty million lbs. (give or take) of cobalt in the mix. 
I thought that cobalt was very expensive and a critical mineral.
However I believe that China right now is supplying the needs in the U.S.
That doesn't say much for the supposed effort to become independent from China for critical minerals. And, cobalt is far from being the only critical mineral being supplied to the western world by China.

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