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

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Post by Farquaron Nov 14, 2022 4:34am

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Post# 35095784

Nickel up almost 4000$ so far today..hit 31,000$/tonne

Something is going on with nickel again....Maybe another short squeeze is going on....Oliver Turner said in that Crux interview that Krr would be producing 2000 tonnes of Nickel/year starting within 14 months ...At 31,000$ nickel price , Krr would be making 20,000$ gross profit per tonne .....So 2000 x 20,000$ = $40,000,000.00 US gross profit divided by 200,000 ounces gold production= 200$ nickel credit per ounce of gold in 2024....This will significantly keep the AISC down well below the 1000$ range....The future looks very bright for Karora...Double digits share price here we come....lol

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Canadian government to fund Electric Royalties portfolio property