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.

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King River Resources Ltd

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Post by diggin78on Oct 13, 2022 8:36am

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Post# 35021716

coarse gold

I'd like to see them set aside the coarse gold, since they apparently don't need it to reach production targets, and distribute it at the end of the year as a dividend. Shareholders should be rewarded on a regular basis-otherwise we're just gambling. Based on my quick calculations, the coarse gold fom just this quarter using a gold price of 1,700 would be about .025usd per share, almost 5% yield if they could keep up the coarse gold discoveries. Might help the share price a little as a result.

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