KRR News

Karora Resources Announces Partnership with The Net Zero Company to Develop Pathway to Become One of the World’s First Net Zero GHG Junior Gold Mining Companies

Karora Resources Announces Partnership with The Net Zero Company to Develop Pathway to Become One of the World’s First Net Zero GHG Junior Gold Mining Companies

Highlights Karora is announcing a partnership with The Net Zero CompanyTM in order to commit to, and implement, a pathway to become one of the world's first net zero junior gold mining companies.Karora will work with The Net Zero CompanyTM to seek to ensure its approach to setting and achieving GHG reduction targets is inline with best practices based on...

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Karora Extends New Larkin Zone to Over 650 Metres with Strong Infill and Step-out Drilling, Including 7.6 g/t Gold over 5.8 Metres

Karora Extends New Larkin Zone to Over 650 Metres with Strong Infill and Step-out Drilling, Including 7.6 g/t Gold over 5.8 Metres

Highlights: Infill and step out drilling, along with face samples3 have resulted in Beta Hunt's new Larkin Zone continuing to support the existence of a potential third major gold resource in addition to A Zone and Western Flanks. New assay highlights1,2 include:EL-EA2-003AG:7.6 g/t over 5.8 metres within a zone of 4.2g/t over 12.2 metresEL-EA2-009AR:  2.6 g/t over 10.5 metres and 44.8 g/t...

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Karora Delivers Strong Start to Year with First Quarter 2021 Adjusted Earnings of $0.06 Per Share, Adjusted EBITDA of $0.15 Per Share as Operations Continue to Deliver in Line With 2021 Guidance and Phase I Mill Expansion Tracks Ahead of Schedule

Karora Delivers Strong Start to Year with First Quarter 2021 Adjusted Earnings of $0.06 Per Share, Adjusted EBITDA of $0.15 Per Share as Operations Continue to Deliver in Line With 2021 Guidance and Phase I Mill Expansion Tracks Ahead of Schedule

Karora will host a call/webcast on May 7, 2021 at 10:00 a.m. (Eastern Time) to discuss the first quarter 2021 results. North American callers please dial:  1-888-231-8191, international callers please dial: (+1) 647-427-7450. For the webcast of this event click  (replay access information below). TORONTO, May 7, 2021 - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to...

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Kalgoorlie Super Pit Australia

Karora Delivers Strong Start to Year with First Quarter Gold Sales of 25,547 Ounces and Production of 24,694 Ounces

TORONTO, April 15, 2021 - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Company") is pleased to announce consolidated gold production of 24,694 ounces for the first quarter of 2021 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales for the quarter were a very strong 25,547 ounces. First quarter gold production is in line with consolidated...

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Karora Intersects 11.6% Nickel Over 4.6 Metres in a New High-Grade Discovery – “Gamma Zone – 50C” and Extends Gold Mineralized Strike Length by 400 Metres to Over 3.5 Kilometres at Beta Hunt

Karora Intersects 11.6% Nickel Over 4.6 Metres in a New High-Grade Discovery – “Gamma Zone – 50C” and Extends Gold Mineralized Strike Length by 400 Metres to Over 3.5 Kilometres at Beta Hunt

Highlights: At Beta Hunt, drilling aimed to test for the offset extension of the historic Beta nickel belt south of the Gamma Island Fault has confirmed the presence of massive and matrix nickel sulphide mineralization along the prospective ultramafic/basalt contact.Significant nickel intersections1 include:G50-22-005E: 11.6% Ni over 4.6 metres, including 18.4% Ni over 2.2 metresG50-22-002E: 1.2% Ni over 0.3 metresG50-22-003E: 2.4%...

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Karora Announces 2020 Results Including Record Annual Net Earnings of $88 Million, 2020 AISC Cost Guidance Beat, Along With Record Low 4Q20 AISC of US$912 per ounce

Karora Announces 2020 Results Including Record Annual Net Earnings of $88 Million, 2020 AISC Cost Guidance Beat, Along With Record Low 4Q20 AISC of US$912 per ounce

Karora will host a call/webcast on March 19, 2021 at 10:00 a.m. (Eastern Time) to discuss the 2020 results. North American callers please dial:  1-888-231-8191, international callers please dial: (+1) 647-427-7450. For the webcast of this event click  (replay access information below). TORONTO, March 19, 2021 - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce its financial...

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Karora Resources Completes Acquisition of Spargos Reward High-Grade Gold Project

Drilling at Spargos Reward Extends High Grade Gold Plunging Shoot to Over 300 metres Down-Plunge With Intersection of 6.1 g/t Over 14 metres as Resource Definition Drilling Completed Ahead of Resource Update

Highlights: High grade diamond drill result1,2 confirms interpreted high grade gold plunging shoot thesis by extending plunging shoot to over 300m down-plunge. The shoot remains open down-plunge.SPDD0003: 6.1 g/t over 14.0 metres, including 8.6 g/t over 5.7 metresThis drill intersection supports the plunging shoot interpretation associated with previously announced (see Karora news release, November 18, 2020), near-surface high grade intersections...

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Karora Provides Update on 2020 Drilling Program and Announces New Regional Mining Strategy for Higginsville Area

Karora Intersects 3.64 g/t Gold over 16 Metres as Part of Strong Results from Initial Scout Drilling on the Lake Cowan Prospect at Higginsville Greater; Provides Management Update and Announces Participation in Upcoming Investor Conferences

Highlights: Initial scout drilling at Lake Cowan in the Higginsville Greater area has delivered exciting new drill targets in previously under-explored terrain east of the Higginsville mining operations.Results from early stage scout drilling are viewed as very encouraging especially given the sparse nature of the drilling over this large area.Significant gold intersections from lake air core scout drilling include:HIGA8864: 1.35...

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Karora Intersects 19.0 g/t Gold Over 9.0 metres including 542 g/t over 0.3 metres with Visible Gold Mineralization Observed in Larkin Zone Drill Core at Beta Hunt

Karora Intersects 19.0 g/t Gold Over 9.0 metres including 542 g/t over 0.3 metres with Visible Gold Mineralization Observed in Larkin Zone Drill Core at Beta Hunt

Highlights: At Beta Hunt, visible gold was observed in the Larkin Zone drill core from the infill drilling program (hole number EL-EA2-023E), further demonstrating the potential for a third gold resource in addition to A Zone and Western Flanks. Initial assay results1,2 include:EL-EA2-023E: 19.0 g/t over 9.0 metres, including 542 g/t over 0.3 metresEL-EA2-023E: 6.4 g/t over 3.0 metres, including...

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RNC Minerals Provides Production and Cost Guidance and Positive Operational Update

Karora Announces 21% Increase in Production Guidance for 2021 Following Record Annual Production of 99,249 ounces, Beating 2020 Guidance

Summary Karora achieves record gold production of 99,249 ounces and gold sales of 98,646 ounces in 2020Year-end consolidated cash balance of C$79.5 million, an 18% increase vs. the third quarter, net of a $2 million early debt repayment during the fourth quarter.Consolidated 2021 Guidance:Production of 105,000-115,000 ounces, an increase of over 20% when compared to 2020 production guidance.All-in-sustaining-cost (AISC)1 of...

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