KRR News

Summary Underground drilling has identified a new gold footwall zone and high grade nickel intercepts at the northern end of the Western Flanks resource1. Significant gold intersections include:New Footwall ZoneWFN-106exp: 4.6 g/t over 9.4 mWFN-115:       6.0 g/t over 5.3 mWFN-134:       2.4 g/t over 23.3 m, including 6.3 g/t over 6.0 m;WFN-131exp: 7.0 g/t over 8.6 m Infill Drilling WFN-130:       8.1...

TORONTO, Sept. 3, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce it has closed the previously announced agreement (see Karora news releases dated June 30, 2020) with Maverix Metals Inc. to reduce the gold royalty at Karora's Beta Hunt mine, aligning both parties in unlocking the significant value at Beta Hunt for...

Karora will host a call/webcast on August 10, 2020 at 10:00 a.m. (Eastern Time) to discuss the second 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, Aug. 10, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce...

TORONTO, Aug. 7, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce that following an extensive due diligence period, it has closed the acquisition of the Spargos Reward Gold Project ("Spargos Reward Project" or "Spargos") from Corona Resources Limited as originally announced on May 11, 2020 (see related press release). The Spargos Gold Project...

TORONTO, July 30, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to report, further to its news release dated July 22, 2020, the previously announced consolidation of the common shares in the capital of the Corporation (the "Common Shares") will come into effect as of the open of trading on July 31, 2020 on...

TORONTO, July 27, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to report that it has closed the previously announced (see press release dated July 22) agreement to sell its 28% interest in the Dumont Nickel Project ("Dumont") to two private funds advised by Waterton Global Resource Management, Inc.  (collectively, "Waterton"). Karora has received...

TORONTO, July 22, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce it has reached an agreement to sell its 28% interest in the Dumont Nickel Project ("Dumont") to two private funds advised by Waterton Global Resource Management, Inc.  (collectively, "Waterton") for total consideration of up to $48 million, subject to the terms and...

TORONTO, July 17, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to report that it has closed the previously announced subscription agreement with Eric Sprott and another institutional investor (see Karora news release dated July 14, 2020). Karora has issued a total of 36.5 million common shares at $0.506 per share, which is the same...

TORONTO, July 16, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce another strong quarter with consolidated gold production of 24,078 gold ounces for the second quarter of 2020 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales for the second quarter were 23,185 ounces. The difference in ounces sold vs. produced...

TORONTO, July 14, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce that Eric Sprott has agreed to increase his ownership in Karora by 26 million shares. In a strategic move, Karora has worked alongside Maverix Metals Inc. ("Maverix") to effectively place the entire planned share issuance previously announced June 30, 2020 (see...