Karora Resources Inc KRRGF

Primary Symbol: T.KRR

Metals & Mining Gold

Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.

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Post by MaterialsManon Apr 25, 2024 9:20am

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Post# 36006801

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The ASX was closed overnight because of the Anzac holiday.
KRR will be free to rise or fall in terms of SP today of its own accord independent of WGX.
I noticed the the price of gold was shooting up some, but volatility remains. If gold as a real good day,
it should be reflected in the SP of KRR, since it will be expected that WGX would in turn increase proportionally tonight. That would assume gold held on to its gains overnight.
This doesn't happen very often (the holiday thing), so it will be fun to see if KRR can run up independently if the price of gold cooperates.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle