Karora Resources Inc T.KRR

Alternate Symbol(s): KRRGF

Metals & Mining Gold

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.

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Karora Resources Inc

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Post by MaterialsManon Apr 02, 2024 3:51pm

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Post# 35965972

In spite of

Even though gold and silver are breaking out, the price increases are not being reflected very much in the mining stocks. Not only that, but trading volume is pretty flat.
In his interview with MM on Kitco, Frank Guistras feels that the gold price will have to not only go up, but stay up before serious interest gets applied to mining stocks.
He had a lot of pertinent comments to the point of being prophetic since the time of the interview.

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