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 Goldbug52on May 27, 2022 12:06pm

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Post# 34712366

Wishful thinking?

With their new mill rated at approximately 2/3 of KRR's Higginsville mill, would it not be conceivable that the new mill could produce 20K oz? Higginsville has already shown that it can produce 30K oz per qtr, so 2/3 would give that 20K!
Together we get about 50K gold ozs per qtr! That would make KRR a 200K/yr producer, right now! Something to consider! The banksters are really playing games with the stock price right now! I think we're much better off now than before the financing deals even with the slight dilution of shares :-))!!

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