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 > No one wants to buy from Russia's $140 million gold stash

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Comment by Odinsonon Mar 21, 2022 10:22am

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Post# 34531094

RE:RE:No one wants to buy from Russia's $140 million gold stash

If i recall correctly several years ago China caught the Americans cheating in such a fashion. They used Tungsten covered with gold. Apparently Tungsten weighs in very close to gold.

materialsgirl wrote: There are two reasons not to buy from Russia So the Russians aren't the only ones cheating.

*** the obvious reason
*** the other reason; cheating
A gold bar can be consructed with a hole in the middle
The hole can be filled with a material of similar weight
Any differencecan be washed out by usinfgcotton wool
or lead.

I have never bought gold bars from Russia. Never.

Come to think of it, I have never bought a gold bar from anyone.

mat