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.

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King River Resources Ltd > Karora Announces Consolidated 2022 Gold Production Guidance

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Comment by goldenrobon Feb 14, 2022 9:12am

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Post# 34425733

RE:Karora Announces Consolidated 2022 Gold Production Guidance

Karora's management team does seem pretty conservative on their production guidances over the last few years. However, that strategy probably saved them from a low end production report or even a miss for 2021 as they lost 13% of their workforce in December. The market would really punish the share price if they missed the guidance numbers.

The nickel guidance seemed a little anemic from what I was expecting but they are using the old remnant tailings for their ore. When they get into the high percentage 50C and 30C strikes, these numbers could really soar.

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