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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 Rainman01on Jan 19, 2024 9:54am
170 Views
Post# 35835652

On a positive note.

On a positive note. I am sure once everything is sorted out with the sale of Dumont Nickel Mine we will be up close to 40 million dollars . In my opinion we are closer than ever to that pay day. With the price of gold and KRR should hit 50 thousand Oz of gold per quarter we should be in great shape especially with the bonus gold left over from Q4. Besides lack of communication of some key elements of this operation we have delivered some huge components like new mill which was a very good deal and our new ramp which was on budget. I think once things align we will stand out as a above average gold producer. Cheers. 
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