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King River Resources Ltd T.KRR.W


Primary Symbol: KRCLF

King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.


OTCPK:KRCLF - Post by User

Bullboard Posts
Post by awacs1on Jul 15, 2020 10:29pm
213 Views
Post# 31274000

And the interview again

And the interview againI listened to the interview again-worth the time. I was impressed with the discussion on BH and Fathers Day. Paul indicated that due to the nature of the Fathers day vein, it will not be included directly in the P2 numbers. As the vein is mined, the heuristics will allow for a prediction to be included in the annual production report and in the annual projection of production and AISC. But the area will be mined with consideration to the fact that it is not a vein per se but a stream of material. He also mentioned that there are 400km of tunnels which were created previously and they are available to reduce exploration drilling cost. I appreciate the focus on goals and the descipline applied to achieving the goals. Regret that there was no discussion on the reverse share move. My take is that over the next three months the NR will project a vastly different operation. Cheers
Bullboard Posts