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TSX:KRR

Karora Resources Inc.

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Market:
TSX
Market Cap:
$511.75 m
Price
3.55 CAD
Change
0.28%
52 weeks high
4.49
52 weeks low
2.09

In brief

Karora Resources is a multi-asset mineral resource company focused primarily on the acquisition, exploration, evaluation and development of precious metal properties. It is Karora’s vision to become the next sustainable high quality mid-tier producer.

After the transformational acquisition of the Higginsville Gold Operations, Karora’s primary operations are the Beta Hunt Underground Mine and the Higginsville Gold Operations including the Higginsville Open Pit mines and 1.4Mtpa Higginsville mill.

Snapshot

The acquisition of the Spargos Reward high-grade gold project was closed on August 7, which the group intends to fast track into its growing production pipeline with the goal of beginning to generate cash flow from the project in 2021