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 Jun 12, 2024 8:09am

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Post# 36084292

Really

Some experts are suggesting that the real reason China did not have any gold purchases recorded in May was because they could not find what they wanted through traditional sources.,
Wonder what this may portend if it is factual.
So far silver demand supposedly outweighing supply does not seem to have done a heck of a lot for the price of silver.
If traditional sources can't supply Central Banks with the gold they want, it may have a positive effect on the price of gold.
I guess we'll have to wait and see.

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