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 MaterialsManon Apr 14, 2023 5:41pm

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Post# 35396100

Big bucks for the minerals sector

The G7 is meeting in Japan over the week end to firm up plans to put seven and a half billion into the ex China minerals sector. Nickel was specifically mentioned in the news item. Details are expected early next week. I know that Japan recently threw about 200mm at Lynas to secure rare earths. Demand for nickel would obviously help KRR. Now if and when the BRICS adopt gold, and it is expected that it wll happen, we will definitely be in fat city. That decision may be made as early as August, when they meet in Durban to hopefully announce the details.

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