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Bullboard - Stock Discussion Forum 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... see more

TSX:KRR - Post Discussion

Karora Resources Inc > 11 or 12 drills turning this Q4
View:
Post by Farquar on Oct 07, 2021 9:28am

11 or 12 drills turning this Q4

So Huet mentioned that they would have at least 11 drills if not 12 being utilized on their properties , in the final 3 months of this year.. He said 7 drills on higginsville targets and 4 or 5 at Beta Hunt...Who knows what they'll find but it is certainly very exciting to know that this drilling will at the very least increase their overall gold and nickel reserves and at the very most, find substantial bonanza style gold deposits....Either way, the drilling pays for itself in that the new resource estimates will show substantial increases in total ounces and therefore cause an increased share price..The sweet part is that all this drilling is paid for from their cash reserves, so no excessive dilutions compared to hundreds of other junior explorers...
Comment by RHertig on Oct 08, 2021 10:31am
 I am pretty happy with the upcoming news flow. It would be nice to see a good bump to the stock price but I am in for the long haul and we will see our day in the sun. 12 drills can punch a whole lotta holes. :)
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