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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 Mar 15, 2024 8:42am
92 Views
Post# 35934484

RE:Some hope

RE:Some hopeThere is a big problem with nickel and it is not all Indonesia. First off there is talk that the nickel reserves that everyone is told about is not as big as it is being reported. Secondly there was no new tonnage was given to miner's there caping there output for this year. Finally the estimated number of tonnage needed is underestimated by a large number. When the big mistake are finally realized the nickel industry will be begging for high grade nickel to support its needs. Once the world economy gets in full swing nickel prices will rebound with a vengeance. Also once everyone that cares about the environment finds out the truth about the green transition and dirty nickel things could change. 
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