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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 Oct 29, 2023 10:40am
173 Views
Post# 35706247

Finally found one

Finally found oneI've always felt a little uneasy over the fact that gold producers, including KRR, seem to have little if any interest in keeping some bullion in there coffers.
To me, it tends to diminish confidence in whether there is any wisdom in holding physical gold.
I was advised on this forum that the issue has been discussed in the past. 
Not sure as to whether there is any concensus that favors the idea. It does not seem so.
I did come across a significant mid tier producer named Regis Resouces. From what I can tell, it only trades on the Australian exchange.
The company keeps a significant amount of gold bullion as a liquid asset.
They are quite successful, as well as being one of the major players in the sector down under.
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