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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.


OTCPK:KRCLF - Post by User

King River Resources Ltd
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Post by Farquaron Mar 15, 2022 12:32pm
152 Views
Post# 34515439

Fortuna (FVI) just announced RE of 350,000 ounces

Fortuna (FVI) just announced RE of 350,000 ouncesfor a deposit they have in the Ivory Coast... It's a maiden resource estimate that is average grade 3.16 g/t...I don't know how long it is but looks like it's over 1 - 1.5 km long...The share price of fvi is up today on a huge down day in the gold market....So , what effect is the RE on the 1.1 km long Larkin deposit going to be on krr's share price? What if the average grade is over 5 g/t? What if the deposit is bigger than 350,000 ounces? The share price of Krr should pop on that news alone but we know that there will be 100's of thousands of other gold ounces from other drilling on their properties , plus they have the 150,000 ounces that will be added from Spargos and also all that new high grade nickel at 10c, 30c and the 200 metres of 50c ....So, fvi share price went up on the 350 k deposit annoucement and I think Krr's share price should go up on their new RE, which is coming out in a couple of weeks
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