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Karora Announces an 8% Increase to the Beta Hunt Nickel Measured and Indicated Mineral Resource

Br /> Consolidated Nickel Measured and Indicated Mineral Resource increased by 8% to 21,100 nickel tonnes Beta Block Nickel Measured and Indicated Mineral Resource increased by 11% to 15,100 nickel tonnes Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation" - https://www.commodity-tv.com/ondemand/companies/profil/karora-resources-inc/) is pleased to announce the Beta Hunt Nickel Measured and Indicated Mineral Resources increased by 8% to 21,10 ....

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


Home » Internet » Karora Announces 21% Increase in Production Guidance for 2021 Following Record Annual Production of 99,249 ounces, Beating 2020 Guidance
Karora Announces 21% Increase in Production Guidance for 2021 Following Record Annual Production of 99,249 ounces, Beating 2020 Guidance Posted by PublisherInternet Tuesday, 19. January 2021
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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 20% when compared to 2020 production guidance.
-?All-in-sustaining-cost (AISC)1 of US$985-$1,085 per ounce, an 8% reduction compared to 2020 cost guidance (at mid-point) following a robust year of significant cost reductions across Karora?s Australian operations an ....

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Karora Announces 334% Increase in Proven and Probable Mineral Reserves to 1.33 Million Ounces and 167% Increase in Measured and Indicated Mineral Resources to 2.52 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 quarter of 2021
Due to the very strong drilling results only recently received, an updated Spargos Reward Mineral Resource and Reserve will be completed in the first half of 2021 to incorporate the new high grade zone announced on November 18, 2020.
New Beta Hunt nickel Measured and Indicated Mineral Resource, the first since 2016, of 16,100 nickel tonnes
At Higginsville (HGO), re-estimation by Karora in 2020 of Westgold?s Historical Mineral Resources and Reserves1. has enabled these historical estimates to be classified as part of Karora?s current Mineral Resource and Reserve Inventory ....

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