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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

Comment by materialsgirlon Jan 14, 2023 9:32am
151 Views
Post# 35223021

RE:Q4 average gold price = 1731.17 $US

RE:Q4 average gold price = 1731.17 $USYes Farquar

In 2024 if we produce 50,000 ounces per Quarter on average we could 
easily enjoy $125m profit before taxes  in USA dollars
There are many variables of course.

We could be boughr out for $1 billion in USA dollars ?

More of course if gold shoots up above $2,000.

mat
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