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.

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King River Resources Ltd

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Post by Farquaron May 07, 2021 2:18pm

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Post# 33153700

Some big positives

They have already succeeded in improving the mill capacity to 1.5 million tons/year from 1.4 mil t/y and did not skip a beat with regard to production numbers . They should reach their original goal of upgrading to 1.6 miilion tons sometime next month or July... I had been wondering if the upgrades would require enough mill downtime to impact production but so far so good...All these things that management is doing to increase profitability for the future , unfortunately is not free...There are no free lunches , especially in a brutally difficult business that is gold mining...

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