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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 Rainman01on Jan 19, 2024 9:54am
156 Views
Post# 35835652

On a positive note.

On a positive note. I am sure once everything is sorted out with the sale of Dumont Nickel Mine we will be up close to 40 million dollars . In my opinion we are closer than ever to that pay day. With the price of gold and KRR should hit 50 thousand Oz of gold per quarter we should be in great shape especially with the bonus gold left over from Q4. Besides lack of communication of some key elements of this operation we have delivered some huge components like new mill which was a very good deal and our new ramp which was on budget. I think once things align we will stand out as a above average gold producer. Cheers. 
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