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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

Comment by Rainman01on Nov 28, 2023 5:55am
180 Views
Post# 35755673

RE:According to the LBMA Q3 average gold price = 1928$US

RE:According to the LBMA Q3 average gold price = 1928$USWith the second ramp in operation we will see more tonnage but not all gold some will be nickel. Having said that they did not sell any nickel last quarter which means all the nickel should be sold in Q 4  which should boost our bottom line. If I was running the show I would slowly mine the nickel until prices go up and it will and go up then  full steam on the gold while prices are over the 2000 Oz mark . We will hit the 160 thousands Oz mark plus and more drill exploration news we should see a very positive Q4 . 2024 will be a break out for KRR with new loader and trucks coming and the new fans installed we could easily hit 200 thousand Oz gold .
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