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King River Resources Ltd T.KRR.W


Primary Symbol: KRCLF

Metals & Mining Gold
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 > Karora Announces Consolidated 2022 Gold Production Guidance
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Post by Betteryear2on Feb 14, 2022 7:38am
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Post# 34425463

Karora Announces Consolidated 2022 Gold Production Guidance

Karora Announces Consolidated 2022 Gold Production Guidance TORONTO, Feb. 14, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce 2022 gold production guidance of 110,000 – 135,000 ounces and all-in sustaining cost (AISC)1 cost guidance of US$950 – US$1,050 per ounce sold. Karora is also pleased to provide its first nickel production guidance at Beta Hunt (since its 2020 re-naming), following a successful 2021 drilling campaign. Nickel production for 2022 is forecasted to range between 450 - 550 nickel tonnes. Karora has used a conservative nickel price assumption of $16,000 per tonne in its AISC1 by-product credit forecast. Karora notes the 2022 nickel guidance does not include any nickel production from the newly discovered 50C/Gamma zone.
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