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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

Post by MaterialsManon Jul 23, 2023 9:39pm
236 Views
Post# 35553675

Thank you

Thank youTo B7 & GR for bringing the Crux interview to everyones attention.
Pretty much everything was touched on. The segment mentioning the five criteria that potential parties looking to aquire through M&A was of particular interest I thought.
He spoke about the shear zones at Beta Hunt.
I was a little surprised that the phenomenal intercepts annouced in April that dramatically extended the Fletcher Zone were not specifically mentioned. Two holes that extended the Zone by 900 meters, one measuring 46.5 grams over 7 meters and the other 6.5 over 26 meters are nothing short of spectacular.
That zone alone could turn into a significant addition to the measured resource.
As he suggested, while the SP is down some, it's probably a good time for long term investors to accumulate shares.
That was a timely bit of info. 
I think he even suggested that 4 or 5X is not that far away in his opinion.
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