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 > Can Low-Grade Bulk Nickel Ever Be Profitable? Yes

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Comment by materialsgirlon Mar 24, 2022 9:30am

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Post# 34540866

RE:Can Low-Grade Bulk Nickel Ever Be Profitable? Yes

*** Yes it is possible to earn a profit on a low grade gold or copper
or nickel mine.
The key word is "possible"

*** Except in extreme circumstances such as sandy rock the return
on invested capital will be miserable at best

*** generally, to attain a sufficiently low extraction cost the miner
needs massive scale and massive investment.

*** Most lilely, low grade ore bodies are never mined or never earn
a dollar; only 1% or 2% of such properties earn a small profit.
Zero percent earn a decent profit.

Rule one for investors should be to never invest a cent in low grade
ore bodies.

mat

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