Karora Resources (TSX: KRR)
Announced unaudited financial and operating results for the Q4 2022 and full-year 2022.
Highlights are a record revenue of $96.8 million, (45% increase from Q4 2021); net earnings growth of 56% to $9.6 million ($0.06 per share); Operating cash flow increased 30% over Q3 to $36.5 million. Continue reading
Karora Resources (TSX: KRR)
Announced the Beta Hunt Nickel Measured and Indicated Mineral Resources increased by 8% to 21,100 nickel tonnes and Inferred Mineral Resources increased by 2% to 13,400 nickel tonnes, net of mining depletions. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced Gold Measured and Indicated Mineral Resource, net of depletions, at its flag ship Beta Hunt Mine has increased by 20% and the Inferred Mineral Resources have increased by 34%. Continue reading
Karora Resources (TSX: KRR)
Announced its financial results and review of activities for the three and nine months ended September 30, 2022.
Q3 2022 consolidated gold production was a record 38,437 ounces, beating the previous record set in Q2 by 25%.
Production for the first three quarters of 2022 was 96,578 ounces, placing Karora in a strong position to deliver on improved full year consolidated 2022 gold production guidance of 120,000 to 135,000 ounces. Continue reading
Karora Resources (TSX: KRR)
Announced continued exploration drilling success in targeting new gold mineralized shear zones in support of its growth plan strategy to deliver increased gold production by 2024.
Parallel shear zones to the Larkin Zone Mineral Resource, referred to as Mason and Cowcill, returned significant gold assays in the first two drill holes of a twenty-four-hole program, the highlight was 6.0 g/t Au over 13 m. Continue reading
Karora Resources (TSX: KRR)
Announced a new high-grade coarse gold discovery at its Beta Hunt Mine.
The new discovery was made on the 16 level of the A Zone, almost directly below the well-known “Fathers Day Vein” discovery originally announced in September 2018 that yielded approximately 30,000 ounces of gold. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced high-grade drill results from the Larkin Zone as part of its ongoing underground diamond drill program at Beta Hunt.
These included the following intersections: 29.8 g/t over 7.8 metres, 8.7 g/t over 4.0 m, and 4.2 g/t over 6.9 m. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced that new nickel exploration results from the 50C nickel trough at Beta Hunt have extended the known strike length to over 200 metres (previously 150 metres).
The new results include drilling along strike of the 50C discovery and the parallel 10C nickel trough. […] Continue reading
Karora Resources Inc. (TSX: KRR)
Announced new exploration drilling results from the Beta Hunt Mine have materially extended the strike length of gold mineralization at the Fletcher Zone to over 500 metres.
The recently discovered Gamma Block mineralization strike length has also been extended to over 200 m. Both mineralized systems remain open along strike and at depth. […] Continue reading
Karora Resources (TSX: KRR)
Announced new exploration drilling results from the Beta Hunt Mine, located near Kalgoorlie, WA.
The new drilling results include the discovery of high grade gold mineralization approximately 50 metres below the interpreted extension of the 50C nickel trough in the Gamma Block. Continue reading
