KRR News

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...

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...

Highlights: Consolidated gold Proven and Probable Mineral Reserves increase by 334 % to 1.33 million ounces Consolidated gold Measured and Indicated Mineral Resources increase by 167% to 2.52 million ouncesThe new Consolidated gold Mineral Resources and Reserves will form the basis of Karora's organic growth profile to be announced in the first quarter of 2021Due to the very strong drilling results...

Highlights: Initial drill results1 within 100 metres of the surface have intersected new high grade gold intercepts at the Spargos Project. These include:SPRC0026: 29.8 g/t over 19.0 metres, including 99.5 g/t over 5.0 metresSPRC0012: 27.3 g/t over 15.0 metres, including 168.0 g/t over 1.3 metresSPRC0019: 8.0 g/t over 19.0 metres, including 20.6 g/t over 2.0 metresSPRC0028: 29.8 g/t over 3.0...

Karora will host a call/webcast on November 12, 2020 at 10:00 a.m. (Eastern Time) to discuss the third quarter 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, Nov. 12, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce its...

Highlights: Recent drilling has extended both near-surface supergene and primary high grade mineralization at the Aquarius Project, outlining a potentially economic starter pit ahead of mining higher grades undergroundSupergene mineralization1KAQRC039:    43.5 g/t over 3.0 metresKAQRC015:    5.7 g/t over 6.0 metres, including 14.6g/t over 2.0 metresPrimary mineralization1 KAQRC032:    4.7 g/t over 3.5 metresKAQRC048:    4.0 g/t over 9.1 m,...

Highlights: Development in the A Zone shear has intersected an estimated1 2,000 ounces of coarse gold, supporting the existing Beta Hunt Coarse Gold Geological ModelThe existing Beta Hunt Coarse Gold model has been supported in a number of development headings in A Zone and Western Flanks TORONTO, Nov. 2, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is...

TORONTO, Oct. 14, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce another strong quarter, with consolidated gold production of 24,717 gold ounces during Q3 2020 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales for the quarter were 22,912 ounces. The difference in ounces sold vs. produced was due to...

TORONTO, Sept. 15, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce its participation in the upcoming Precious Metals Beaver Creek 2020 Virtual Conference to be held September 15-17, 2020 and the Denver Gold Forum 2020 Conference to be held September 20-23, 2020. Karora will present at the Precious Metals Beaver Creek Virtual...

Highlights: "Larkin Gold Zone" – New broad, high-grade gold discovery south of Alpha Island Fault1.2.:BE30-003: 8.2 g/t over 3.9 mBE30-004: 3.3 g/t over 15.8 mBE30-007: 3.9 g/t over 11.0 mBE30-010: 15.3 g/t over 3.5 mBE30-011: 7.4 g/t over 8.9 mWall Sample (BD40ACCLHW_002): 5.0 g/t over 14.4 m, including 22.7 g/t over 2.6 m"30C Nickel Trough" - First new nickel discovery...