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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

Post by Farquaron Sep 15, 2021 9:06am
260 Views
Post# 33860697

50C nickel deposit grades of 11% and 18%

50C nickel deposit grades of 11% and 18%Listened to the Oliver Turner presentation and he mentioned that they are "agressively" drilling out the 50C nickel discovery. They are still waiting for 16 drill results, all of which positively encountered nickel sulphide.. He mentioned that at present, the nickel that BHP is buying off Krr is providing a 30$US credit per ounce of gold produced and that the nickel grade is actually 2.9%..He also mentioned that they have a dedicated team of geologists working solely on the nickel part of Beta Hunt. He mentioned that the name Beta came from the name of the nickel deposit that the previous operator mined 32,000 tonnes of nickel from. Turner said : imagine what 50C could represent with it's much higher grades......So, if you have a chance, go check out that Krr presentation...It's very well done and is very positive....Looking forward to those 16 drill results...
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