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 metres This drill intersection supports the plunging shoot interpretation associated with [...]
Karora Resources Inc. is pleased to announce senior management will host a conference call / webcast on March 19, 2021 at 10:00 a.m. to discuss the Corporation's fourth quarter and full year 2020 results. The access information is provided below. Date: March 19, 2020 Time: 10:00 a.m. . North American callers please dial: 1-888-231-8191 Local and [...]
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 [...]
Karora Resources Inc. today announced that the Corporation has filed on SEDAR a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects supporting the mineral resource and reserve statement for Beta Hunt and Higginsville operations in Western Australia previously reported in Karora's [...]
Highlights: At Beta Hunt, visible gold was observed in the Larkin Zone drill core from the infill drilling program , 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 metres EL-EA2-023E: 6.4 g/t [...]
Summary Karora achieves record gold production of 99,249 ounces and gold sales of 98,646 ounces in 2020 Year-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 [...]
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 ounces The new Consolidated gold Mineral Resources and Reserves will form the basis of Karora's organic growth profile to be announced in the first [...]
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 metres SPRC0012: 27.3 g/t over 15.0 metres, including 168.0 g/t over 1.3 metres SPRC0019: 8.0 g/t over 19.0 metres, including 20.6 [...]
Karora will host a call/webcast on November 12, 2020 at 10:00 a.m. to discuss the third quarter results. North American callers please dial: 1-888-231-8191, international callers please dial: 647-427-7450. For the webcast of this event click [here] . Karora Resources Inc. is pleased to announce its financial results and review of activities for the three [...]
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 underground Supergene mineralization1 KAQRC039: 43.5 g/t over 3.0 metres KAQRC015: 5.7 g/t over 6.0 metres, including 14.6g/t over 2.0 metres [...]
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 Model The existing Beta Hunt Coarse Gold model has been supported in a number of development headings in A Zone and Western Flanks Karora Resources Inc. is pleased to announce that [...]
Karora Resources Inc. is pleased to announce senior management will host a conference call / webcast on November 12, 2020 at 10:00 a.m. to discuss the corporation's third quarter 2020 results. The access information is provided below. Date: November 12, 2020 Time: 10:00 a.m. . North American callers please dial: 1-888-231-8191 Local and [...]