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King River Resources Ltd T.KRR.W


Primary Symbol: KRCLF

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

Post by horace5on Mar 25, 2022 1:21pm
80 Views
Post# 34546109

Drones, AI being used to target massive nickel deposits

Drones, AI being used to target massive nickel deposits

March 24, 2022

 

“Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, said on Thursday it would begin drilling in Greenland for critical materials used in electric vehicles.

 

KoBold, which uses artificial intelligence and machine learning to hunt for raw materials, last year secured a 51% stake in the Disko-Nuussuaq project on Greenland’s west coast, which is operated by London-listed Bluejay Mining.

 

The joint venture will use drones to make a high-resolution magnetic survey of the area and plans to drill a total of 3,000 metres this year to depths of between 150 and 400 metres where the metals are located.

‘The objective is to target massive nickel, copper, cobalt and platinum group metals,’ Bluejay Mining Chief Executive Bo Steensgaard told Reuters.”

https://www.mining.com/web/mining-firm-backed-by-bezos-and-gates-to-begin-greenland-drilling/

 

 
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