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 > ATTN: Karora shareholders

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Comment by Calgary1111on May 20, 2021 3:07pm

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Post# 33241738

RE:RE:ATTN: Karora shareholders

I look at it as what risk, central banks have moved gold back to a tier 1 asset as of this year. With holding a few hundred ounces per quarter is hardly going to make a dent in our cash situation esp with the cash hoard we already have. I'm not saying go all in with our hoard and buy gold with it, we look to be in a comfy position just keep a small portion of our mined gold going forward. Remember you can also borrow against gold so my idea will still give us good credit and not hurt us with institutions if we do wanna take out credit to expend or what ever.

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Advancing flagship Ishkõday Gold Project in Ontario