King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

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

King River Resources Ltd > 8000 ounces produced in January average gold price= 1867$

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Comment by Farquaron Jan 29, 2021 12:19pm

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Post# 32420783

RE:RE:8000 ounces produced in January average gold price= 1867$

You are correct, sir....but I think Huet mentioned that it will be the 2nd half that will actuallly raise the overall yearly production numbers, because they will be running much higher grade ore from Spargos and other mines.. but who knows? They may be able to attain that 9000 ounce/month right now....In the second half, they should be producing at least 15,000 - 18,000/month ...or even more depending on such things as mill upgrades, coarse gold discoveries and perhaps other high grade finds, purchase of a 2nd used mill etc.etc...

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