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 > Positive News from Westgold this week

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Post by MVargason Jul 03, 2024 7:39pm

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Post# 36117358

Positive News from Westgold this week

A July 2 NR announced positive exploration results at their producing South Junction Mine , including 20.94m @ 6.74g/t Au.

Today they announced FY 2024 (Jul23 - Jun 24) gold production of 227k ounces - the top end of guidance and an increase of $16 million in (their) Q4 taking their total cash position to $263 million.

https://www.westgold.com.au/showdownloaddoc.aspx?AnnounceGuid=8e8f9172-3667-43b7-ac02-ec444685fffa

A subsequent NR annouced a dividend payment of 1.25 cents per share, payable in October.

We won't get the dividend payment in Oct, but will get future dividend payments if the merger is approved.

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Osisko Development receives permits for Cariboo Gold Project