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Karora Resources Inc. (T:KRR)

Business Focus: Gold (NEC)

Feb 26, 2024 06:32 am ET
Karora Resources Drills 13.7% Ni over 2.6 metres, 12.0% Ni over 2.9 metres, and 15.4% Ni over 0.6 Metres Further Demonstrating the High-Grade Potential of the Open-Ended 50C Nickel Trough
TORONTO, Feb. 26, 2024 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce that the initial results from the 50C infill drilling program, aimed at upgrading and extending the 50C Nickel Mineral Resource, have returned strong intercepts with some of the highest grade nickel intersections to date at Beta Hunt.
Feb 22, 2024 06:10 am ET
Karora Resources Announces New Fletcher Zone Gold Drilling Results of 3.8 g/t over 33.0 metres and 34.6 g/t over 2.0 metres at Beta Hunt
TORONTO, Feb. 22, 2024 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce further significant results from gold exploration and infill drilling at the Beta Hunt Mine:
Jan 24, 2024 03:20 pm ET
Karora Resources Announces Conference Call / Webcast Details for Fourth Quarter 2024 Results
TORONTO, Jan. 24, 2024 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on March 22, 2024 at 10:00 a.m. (Eastern Time) to discuss the Corporation's fourth quarter and full year 2023 results. The access information is provided below.
Jan 16, 2024 07:52 am ET
Karora Resources Signs Long-Term Power Purchase Agreement and Announces Plan to Achieve a 20% Reduction in Greenhouse Gas Emissions by 2030
TORONTO, Jan. 16, 2024 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Company") is pleased to announce that it has signed a long-term Power Purchase Agreement ("PPA"), a critical first step in achieving its initial target to reduce Scope 1 & 2 greenhouse gas ("GHG") emissions by 20% by 2030, compared to a 2024 forecasted business-as-usual baseline. The agreement forms an integral part of Karora's Environmental, Social and Governance ("ESG") strategy which is outlined in Karora's latest ESG report (2022) now published and available for download on the Company's
Jan 15, 2024 06:47 am ET
Karora Exceeds High End of 2023 Gold Production Guidance with Record Annual Gold Production of 160,492 ounces and Record Gold Sales of 157,034 ounces
TORONTO, Jan. 15, 2024 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record annual consolidated 2023 gold production of 160,492 ounces from its Beta Hunt and Higginsville mines in Western Australia. Gold sales were also a record, totaling 157,034 ounces during 2023. For the fourth quarter of 2023, gold production was a strong 40,295 ounces and sales were 37,439 ounces.
Nov 21, 2023 06:30 am ET
Karora Announces Strong Increases in Beta Hunt Gold Mineral Resources, Grades and Gold Mineral Reserves
Highlights:At Beta Hunt:Gold Measured and Indicated Mineral Resources increased by 18% to 1.6 million ounces Measured and Indicated Mineral Resource grade at Western Flanks, Beta Hunt's largest zone, increased by 12% from 2.6 g/t to 2.9 g/t (1.1 million ounces)Gold Proven and Probable Mineral Reserve increased by 6% to 573,000 ouncesConsolidated Gold Measured and Indicated Mineral Resource inventory increased by 9% to 3.2 million ounces net of mining depletionAt Higginsville:Maiden Probable Mineral Reserve produced for the Spargos deposit comprising 437,000 tonnes grading 4.6 g/t for 64,000
Nov 10, 2023 06:10 am ET
KARORA RESOURCES REPORTS STRONG PRODUCTION, REVENUE, EARNINGS AND CASH FLOW GROWTH IN THIRD QUARTER 2023
TORONTO, Nov. 10, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Company") today announced financial and operating results for the third quarter ("Q3 2023") and first nine months ("YTD 2023") of 2023. The Company's full unaudited condensed interim financial statements and management discussion & analysis ("MD&A) are available on SEDAR at www.sedarplus.ca and on the Company's website at www.karoraresources.com. All dollar amounts are in Canadian dollars, unless otherwise noted.
Oct 30, 2023 07:45 am ET
Karora Resources Renews Normal Course Issuer Bid
TORONTO, Oct. 30, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce it has received approval from the Toronto Stock Exchange (the "TSX") to renew its normal course issuer bid (the "Bid") to purchase up to no more than 8,886,939 of its issued and outstanding common shares (the "Common Shares").
Oct 25, 2023 03:03 pm ET
Karora Resources Announces Conference Call / Webcast Details for Third Quarter 2023 Results
TORONTO, Oct. 25, 2023 /CNW/ -  Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on November 10, 2023 at 10:00 a.m. (Eastern Time) to discuss the Corporation's third quarter 2023 results. The access information is provided below.
Oct 11, 2023 07:35 am ET
Karora Announces Strong Third Quarter Gold Production of 39,548 Ounces, Gold Sales of 41,278 Ounces and Increased Cash Position of $84.2 Million
TORONTO, Oct. 11, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce strong consolidated gold production of 39,548 ounces for the third quarter of 2023 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales for the third quarter were 41,278 ounces.
Sep 18, 2023 07:50 am ET
Karora Reports Intersections of 14.7 g/t Over 4.0 Metres and 12.2 g/t Over 6.0 Metres at Beta Hunt's Mason Zone and the 140 Metre Extension of Gold Mineralization at the Spargos Mine to a Depth of 580
TORONTO, Sept. 18, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce further significant results from gold exploration and infill drilling at the Beta Hunt Mine and Spargos Mine:
Sep 12, 2023 10:14 am ET
Karora Reports Results from Fletcher South Infill Drill Program Showing Strong Continuity with Intersections of 15.9 g/t Over 6.0 Metres and 4.8 g/t Over 32.0 Metres
TORONTO, Sept. 12, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce the second set of results from the nine-hole drill program aimed to test and infill the southern extension of the Fletcher Shear Zone (FSZ) over 500 metres of strike north of the Alpha Island Fault (AIF). Assays from the final five holes of the program were received, highlighted by broad, high grade intersections from the most northern infill line which indicate the strike of the FSZ to re-align closer and within 250 metres of the Western Flanks Mineral Resou
Aug 17, 2023 07:58 am ET
Karora Resources Announces the Appointment of Tony Makuch to the Board of Directors and Derek Humphry as Chief Financial Officer
TORONTO, Aug. 17, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce the appointment of Tony Makuch to the Board of Directors and as new Chair of the Board Technical Committee. Barry Dahl, Karora's former CFO has announced his retirement after a long and distinguished career in the mining sector, culminating in three and a half years as Karora's Chief Financial Officer. With Barry's well-deserved retirement, Karora is pleased to announce Derek Humphry has joined the Corporation in the position of Chief Financial Officer.
Aug 14, 2023 07:00 am ET
KARORA RESOURCES REPORTS RECORD PRODUCTION, SALES AND REVENUE, STRONG GROWTH IN EARNINGS AND CASH FLOW IN SECOND QUARTER 2023
TORONTO, Aug. 14, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Company") today announced financial and operating results for the second quarter ("Q2 2023") and first six months ("YTD 2023") of 2023. The Company's full unaudited condensed interim financial statements and management discussion & analysis ("MD&A) are available on SEDAR at www.sedar.com and on the Company's website at www.karoraresources.com. All dollar amounts are in Canadian dollars, unless otherwise noted.
Aug 08, 2023 07:00 am ET
Karora Resources Reports New Fletcher South Infill Drill Program Results Building Confidence in Continuity of Mineralization
TORONTO, Aug. 7, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce additional significant results from gold exploration drilling targeting the Fletcher Zone at the Beta Hunt Mine. A nine-hole drill program aimed to test and infill the southern extension of the Fletcher Shear Zone (FSZ) over 500 metres of strike north of the Alpha Island Fault (AIF) commenced in June 2023 and is nearing completion. Assays from four of the nine holes received to date intersected strong mineralization in the targeted positions reinforcing a high
Aug 02, 2023 02:24 pm ET
Karora Resources Announces Conference Call / Webcast Details for Second Quarter 2023 Results
TORONTO, Aug. 2, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on August 14, 2023 at 10:00 a.m. (Eastern Time) to discuss the Corporation's second quarter 2023 results. The access information is provided below.
Jul 28, 2023 08:35 am ET
Battery & Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Battery & Precious Metals Virtual Investor Conference, held on July 26th and July 27th are now available for online...
Jul 20, 2023 10:46 am ET
Battery & Precious Metals Virtual Investor Conference Agenda Announced for July 26th and 27th
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Battery & Precious Metals Virtual Investor Conference. Individual investors, institutional investors, advisors, and analysts are...
Jul 19, 2023 07:48 am ET
Karora Announces New Quarterly Gold Production Record of 40,823 Ounces
TORONTO, July 19, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record quarterly consolidated gold production of 40,823 ounces for the second quarter of 2023 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales were also a record at 42,172 ounces for the second quarter.
Jun 22, 2023 03:55 pm ET
Karora Announces Results of Annual Meeting of Shareholders
TORONTO, June 22, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce the voting results of its annual meeting of shareholders held today.
May 15, 2023 07:15 am ET
KARORA RESOURCES REPORTS RECORD PRODUCTION, IMPROVED OPERATING EARNINGS AND CASH FLOW IN FIRST QUARTER 2023
TORONTO, May 15, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Company") today announced financial and operating results for the first quarter of 2023 ("Q1 2023"). The Company's full unaudited condensed interim financial statements and management discussion & analysis ("MD&A) are available on SEDAR at www.sedar.com and on the Company's website at www.karoraresources.com. All dollar amounts are in Canadian dollars, unless otherwise noted.
May 08, 2023 07:28 am ET
Karora Announces Agreement with Kalamazoo Resources to Unlock Lithium Exploration Value Through Creation of Kali Metals Limited
TORONTO, May 8, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce it has entered into an agreement with Kalamazoo Resources Limited (ASX: KZR) ("Kalamazoo") to create a lithium and critical metals exploration company to be called Kali Metals Limited ("Kali"). Karora and Kalamazoo will vend their lithium exploration projects into Kali with a goal of creating a new, jointly owned but separately run lithium-focused ASX listed exploration company to be led by an experienced board and management team. The proposed transaction will allow Karora sh
May 05, 2023 12:54 pm ET
Karora Resources Announces Conference Call / Webcast Details for First Quarter 2023 Results
TORONTO, May 5, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on May 15, 2023 at 10:00 a.m. (Eastern Time) to discuss the Corporation's first quarter 2023 results. The access information is provided below.
Apr 17, 2023 06:53 am ET
Karora Announces Best Ever Quarterly Gold Production of 39,810 Ounces
TORONTO, April 17, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record quarterly consolidated gold production of 39,810 ounces for the first quarter of 2023 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales were 36,145 ounces for the first quarter due to timing of gold shipments to the Perth mint.
Apr 13, 2023 08:00 am ET
Karora Resources Announces Major 0.9 km Extension to 1.4 km Potential Mineralized Strike Length of Fletcher Shear Zone with Intersections of 6.5 g/t Over 26 Metres and 46.5 g/t Over 7.0 Metres
TORONTO, April 13, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce significant results from gold exploration drilling targeting the Fletcher Zone at the Beta Hunt Mine. Drilling to test the southern strike extension of the Fletcher Shear Zone (FSZ), north of the Alpha Island Fault (AIF) intersected strong mineralization in the targeted position supporting the current interpretation and extending the drill-supported potential mineralized zone by 900 metres from the nearest drill intersection for a total strike length of 1.4 k
Mar 27, 2023 07:29 am ET
Karora Resources Strengthens Management Team Through Appointment of Leigh Junk as Managing Director, Australia
TORONTO, March 27, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce the appointment of Leigh Junk to the position of Managing Director, Australia.
Mar 23, 2023 07:33 am ET
KARORA RESOURCES REPORTS RECORD REVENUE, STRONG EARNINGS GROWTH IN FOURTH QUARTER 2022
TORONTO, March 23, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Company") today announced unaudited financial and operating results for the fourth quarter ("Q4 2022") and full-year ("2022") 2022. All dollar amounts are in Canadian dollars, unless otherwise noted.
Mar 14, 2023 04:25 pm ET
Karora Resources Announces Conference Call / Webcast Details for Fourth Quarter 2022 Results
TORONTO, March 14, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on March 23, 2023 at 10:00 a.m. (Eastern Time) to discuss the Corporation's fourth quarter and full year 2022 results. The access information is provided below.
Mar 03, 2023 05:43 am ET
Karora Resources Completes Beta Hunt Second Decline Ahead of Schedule, Provides Development Update and Announces Director Retirement
TORONTO, March 3, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce that the second decline at its Beta Hunt Mine has been connected with main development on the 500 level of the mine. This phase of the Beta Hunt expansion was completed ahead of schedule and on budget.
Feb 13, 2023 07:25 am ET
Karora Announces Significant Increases in Beta Hunt Gold Mineral Resources and Gold Mineral Reserves
Highlights:Gold Measured and Indicated Mineral Resources increased by 20% to 1.35 million ounces Gold Inferred Mineral Resource increased by 34% to 1.05 million ouncesGold Proven and Probable Mineral Reserve increased by 12% to 538,000 ouncesTORONTO, Feb. 13, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce Gold Measured and Indicated ("M&I") Mineral Resource, net of depletions, at its flag ship Beta Hunt Mine has increased by 20% and the Inferred Mineral Resources have increased by 34%. The update is highlighted by the n
Jan 23, 2023 06:36 am ET
Karora Resources Drills 9.5 g/t Over 7.1 metres at Western Flanks Deeps and Extends Potential Mineralized Strike at New Mason Zone to 700 metres
TORONTO, Jan. 23, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce a continuation of significant results from gold exploration and infill drilling at the Beta Hunt Mine:
Jan 11, 2023 06:00 am ET
Karora Announces Record Annual Gold Production of 133,836 ounces and Record Gold Sales of 132,047 ounces in 2022
TORONTO, Jan. 11, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record annual consolidated 2022 gold production of 133,836 ounces from its Beta Hunt and Higginsville mines in Western Australia. Gold sales were also a record, totaling 132,047 ounces during 2022. For the fourth quarter of 2022, gold production was very strong at 37,258 ounces and sales were 39,849 ounces.
Nov 07, 2022 06:10 am ET
Karora Reports Strong Third Quarter 2022 Results with Record Production and AISC of US$1,069 per ounce as Costs Continue to Decline
Karora will host a call/webcast on November 7, 2022 at 10:00 a.m. (Eastern Time) to discuss the third quarter 2022 results. North American callers please dial: 1-888-394-8218, international callers please dial: (+1) 647-794-4605. For the webcast of this event click [here] (replay access information below).
Nov 02, 2022 07:30 am ET
Karora Resources Announces Conference Call / Webcast Details for Third Quarter 2022 Results
TORONTO, Nov. 2, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on November 7, 2022 at 10:00 a.m. (Eastern Time) to discuss the Corporation's third quarter 2022 results. The access information is provided below.
Oct 31, 2022 11:30 am ET
Karora Achieves Carbon Neutrality in 2022 Following the Retirement of Diversified Carbon Offsets Purchased via Invert Inc. and Provides Update on Emissions Reduction Strategy
TORONTO, Oct. 31, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce that it will achieve carbon neutrality for the second straight year in 2022 for its own operations (Scope 1 emissions) and purchased electricity consumption (Scope 2 emissions) through the purchase and retirement of 95,000 tonnes of verified carbon offset credits. The credit retirements form a part of Karora's ongoing carbon emissions reduction and concurrent offset strategy.
Oct 25, 2022 08:26 am ET
Karora Resources Drills 12.0 g/t over 17.0 metres in New Mason Zone and Extends Western Flanks Mineralization to 250 metres Below Current Mineral Resource
TORONTO, Oct. 25, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce two significant new developments resulting from wide-spaced gold exploration drilling at its Beta Hunt Mine. Drill results continue to provide confidence in the development of the Mason Zone into a significant new mining opportunity west of the Larkin Mineral Resource.
Oct 21, 2022 10:16 am ET
Battery & Precious Metals Virtual Investor Conference: Presentations Now Available for On-Demand Viewing
Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the October Battery & Precious Metals Virtual Investor Conference are now available for on-demand viewing. REGISTER NOW...
Oct 13, 2022 10:14 am ET
Battery & Precious Metals Virtual Investor Conference Agenda Announced for October 18th - 20th
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals & Mining Growth Virtual Investor Conference to be held on October 18th - October 20th. Individual investors,...
Oct 13, 2022 07:30 am ET
Karora Announces Record Gold Production of 38,437 ounces for the Third Quarter Beating Previous Production Record by 25%
TORONTO, Oct. 13, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce record consolidated gold production of 38,437 ounces for the third quarter of 2022 from its Beta Hunt and Higginsville mines in Western Australia. Third quarter production includes approximately 2,500 ounces of "coarse gold" (see Karora news release dated August 18, 2022). As previously stated, coarse gold occurrences at Beta Hunt are best described as periodic upside to mine production, as demonstrated during this record quarter.
Sep 14, 2022 07:30 am ET
Karora Resources Drills 6.5% Nickel over 11.9 metres in New 4C Offset Discovery Located Only 25 Metres from Existing Mining Infrastructure at the Beta Hunt Mine
TORONTO, Sept. 14, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce a new nickel discovery and positive results from its ongoing nickel drill program. In the Hunt Block above Western Flanks, infill drilling of the existing gold Mineral Resource intersected high grade nickel mineralization in two holes above the gold Mineral Resource. This mineralization, interpreted as an offset to the 4C nickel trough mined by Reliance Mining ("Reliance") in 2004/05, is only 25 metres from existing development actively used for mining of the
Aug 23, 2022 07:25 am ET
Karora Resources Drills 6.0 g/t Au over 13.0 metres in New Mason Zone and Provides Beta Hunt Development Update
TORONTO, Aug. 23, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce continued exploration drilling success in targeting new gold mineralized shear zones in support of its growth plan strategy to deliver increased gold production in the targeted range of 185,000-205,000 ounces by 2024. Interpreted parallel shear zones to the Larkin Zone Mineral Resource, referred to as Mason and Cowcill, returned significant gold assays in the first two drill holes of a twenty-four-hole program1 as highlighted below.
Aug 18, 2022 07:30 am ET
Karora Discovers New High-Grade Coarse Gold Occurrence at Beta Hunt Below Father's Day Vein and Announces the Appointment of Bevan Jones to the Position of COO Australia
TORONTO, Aug. 18, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce a new high-grade coarse gold discovery at its Beta Hunt Mine. The new discovery was made on the 16 level of the A Zone, almost directly below the well-known "Fathers Day Vein" discovery originally announced in September 2018 that yielded approximately 30,000 ounces of gold from a high-grade coarse gold structure along a strike length of only ~10 metres.
Aug 12, 2022 07:10 am ET
Karora Reports Second Quarter 2022 Results Including Record Quarterly Production Since HGO Acquisition and 15% Improvement in Second Quarter AISC
Karora will host a call/webcast on August 12, 2022 at 10:00 a.m. (Eastern Time) to discuss the second quarter 2022 results. North American callers please dial:  1-800-289-0720, international callers please dial: (+1) 647-484-0258. For the webcast of this event click [here] (replay access information below).
Aug 12, 2022 07:09 am ET
Karora Resources Announces Positive Nickel PEA for Beta Hunt Mine Producing 9,400 Payable Nickel Tonnes and Base Case Pre-Tax IRR of 105%
TORONTO, Aug. 12, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce the positive results of the Preliminary Economic Assessment ("PEA") for Nickel Resources at its Beta Hunt Mine in Western Australia.
Aug 02, 2022 07:25 am ET
Karora Drilling at Beta Hunt Extends Western Flanks Mineralization 150 metres Below Mineral Resource Including 13.6 g/t Over 5.3 metres
TORONTO, Aug. 2, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce drill results that confirm the consistency of the Western Flanks Main shear mineralization up to 150 metres below the current Mineral Resource. The Western Flanks is Beta Hunt's largest zone and these results provide confidence for the continued expansion of Karora's resource base. In addition to extending the Main Shear mineralization, drilling has also outlined significant footwall mineralization which is not included in the current Mineral Resource.
Jul 29, 2022 11:36 am ET
Karora Resources Announces Conference Call / Webcast Details for Second Quarter 2022 Results
TORONTO, July 29, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on August 12, 2022 at 10:00 a.m. (Eastern Time) to discuss the Corporation's second quarter 2022 results. The access information is provided below.
Jul 29, 2022 08:35 am ET
Metals & Mining Virtual Investor Conference Presentations Now Available for On-Demand Viewing
Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the July 27th and July 28th Metals & Mining Growth Virtual Investor Conference are now available for on-demand viewing....
Jul 27, 2022 07:36 am ET
Karora Resources Closes Acquisition of the Lakewood Gold Mill
TORONTO, July 27, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce that it has closed the acquisition of the operating, fully permitted 1.0 Mtpa Lakewood Mill gold processing facility located near Kalgoorlie, Western Australia, approximately 60 kilometres from the Beta Hunt Mine. The acquisition price of A$80 million, which is subject to customary adjustments for working capital and other items, is comprised of A$70 million in cash and A$10 million in Karora shares. Karora has successfully tolled Beta Hunt material through th
Jul 21, 2022 08:35 am ET
Metals & Mining Virtual Investor Conference Agenda Announced for July 27th and July 28th
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals & Mining Virtual Investor Conference to be held on Wednesday, July 27th and Thursday, July 28th. Individual...
Jul 19, 2022 07:46 am ET
Karora Drills Highest Grade Interval To-Date at Beta Hunt's Larkin Zone Reporting 29.8 g/t Gold over 7.8 metres
TORONTO, July 19, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce high-grade drill results1 from the Larkin Zone as part of its ongoing underground diamond drill program at Beta Hunt, which includes the following intersections:
Jul 15, 2022 11:20 am ET
Karora Resources Renews Normal Course Issuer Bid
TORONTO, July 15, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce it has received approval from the Toronto Stock Exchange (the "TSX") to renew its normal course issuer bid (the "Bid") to purchase up to no more than 8,492,971 of its issued and outstanding common shares (the "Common Shares").
Jul 14, 2022 12:28 pm ET
Karora Resources Closes Previously Announced $80 Million Credit Agreement with Macquarie Bank Limited
TORONTO, July 14, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce it has closed the previously announced (see Karora news release dated June 9, 2022) senior secured $80 million Credit Agreement with Macquarie Bank Limited. The Credit Agreement provides for a $40 Million term loan and a $40 million revolving credit facility, both bearing an interest rate of the Canadian Dealer Offered Rate +4.5% per annum on the drawn principal and standby fee of 1.5% per annum on the undrawn revolving credit facility. The term loan was advan
Jul 14, 2022 07:59 am ET
Karora Announces Strong Second Quarter Gold Production of 30,652 ounces and Sales of 30,398 ounces
TORONTO, July 14, 2022  /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce consolidated gold production of 30,652 ounces for the second quarter of 2022 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales for the quarter were 30,398 ounces. Karora's consolidated unaudited cash balance was $114 million as of June 30, 2022.
Jun 16, 2022 03:00 pm ET
Karora Announces Results of Annual and Special Meeting of Shareholders
TORONTO, June 16, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce the voting results of its annual and special meeting of shareholders held today.
Jun 15, 2022 09:40 am ET
Karora Resources Closes Oversubscribed $69 Million Bought Deal Financing
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Jun 10, 2022 08:12 am ET
Karora Resources Announces that Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Karora Shareholders Vote For all Proposed Items at the Upcoming Shareholders Meeting
TORONTO, June 10, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce that Institutional Shareholder Services ("ISS") and Glass Lewis & Co ("Glass Lewis") have both recommended that Karora shareholders vote FOR all proposals that are outlined in Karora's Notice and Information Circular ("Circular") dated May 16, 2022 prepared in respect of the annual and special meeting of Karora shareholders scheduled for June 16, 2022 at 9:00 a.m. (Toronto time). The deadline for voting is 9:00 a.m. (Toronto time) on June 14, 2022.
Jun 09, 2022 06:03 pm ET
Karora Resources Bolsters Balance Sheet with Lower Cost $80 Million Credit Agreement with Macquarie Bank Limited
TORONTO, June 9, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce it has agreed to refinance its current credit facility with a lower-cost senior secured $80 million Credit Agreement with Macquarie Bank Limited ("Macquarie"). The Credit Agreement provides for a $40 Million term loan and a $40 million revolving credit facility, both bearing an interest rate of Canadian Dealer Offered Rate +4.5% per annum on the drawn principal and standby fee of 1.5% per annum on the undrawn revolving credit facility. The term of the Credit Ag
May 25, 2022 01:57 pm ET
Karora Resources Announces Upsize of Previously Announced Bought Deal Financing to C$60 Million
Karora Resources Inc. (TSX:KRR; OTCQX:KRRGF) ("Karora" or the “Corporation") is pleased to announce that it has amended the terms of its previously announced bought deal financing to increase the size of the offering to C$60,000,000 (the “Upsized...
May 25, 2022 08:05 am ET
IIROC Trade Resumption - KRR
TORONTO, May 25, 2022 /CNW/ - Trading resumes in:
May 24, 2022 07:08 pm ET
Karora Resources Announces C$50 Million Bought Deal Financing
Karora Resources Inc. (TSX:KRR; OTCQX:KRRGF) ("Karora" or the “Corporation") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), to act as co-lead underwriter and sole bookrunner, and Cormark...
May 24, 2022 06:56 pm ET
Karora Resources Announces Agreement to Acquire the Lakewood Gold Mill and Significantly De-Risk Growth Plan
TORONTO, May 24, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce that it has entered into a binding agreement to acquire the operating, fully permitted 1.0 Mtpa Lakewood Mill gold processing facility located near Kalgoorlie, Western Australia, approximately 60 kilometres from the Beta Hunt Mine. The acquisition price of A$80 million is comprised of A$70 million in cash and A$10 million in Karora shares. Karora successfully tolled Beta Hunt material through the Lakewood mill in Q1 2022, achieving 94% Au recovery.
May 24, 2022 04:35 pm ET
IIROC Trading Halt - KRR
TORONTO, May 24, 2022 /CNW/ - The following issues have been halted by IIROC:
May 24, 2022 08:45 am ET
Karora Resources Announces Beta Hunt Second Decline Progressing Ahead of Schedule, the Discovery of a New Shear Zone and New Drilling Results Including 198.5 g/t over 4.5 metres
TORONTO, May 24, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce that development of the second decline at Beta Hunt is tracking on cost and ahead of schedule with the estimated completion date now brought forward to Q1 2023 from mid-2023. The second decline at Beta Hunt is integral to Karora's production growth plan to double throughput at Beta Hunt to 2 Mtpa and increase gold production to between 185,000 and 205,000 ounces by 2024.  
May 12, 2022 07:05 am ET
Karora Reports First Quarter 2022 Results and Appointment of Meri Verli to the Board of Directors
Karora will host a call/webcast on May 12, 2022 at 10:00 a.m. (Eastern Time) to discuss the first quarter 2022 results. North American callers please dial:  1-888-220-8474, international callers please dial: (+1) 647-484-0475. For the webcast of this event click [here] (replay access information below).
May 09, 2022 07:35 am ET
Mining Veteran Tony Makuch Joins Karora Team as Special Advisor
TORONTO, May 9, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce the appointment of Mr. Tony Makuch to the role of Special Advisor to the Corporation. Mr. Makuch brings extensive gold industry management, technical and operating experience, most recently as former CEO and director of Agnico Eagle Mines Limited.
Apr 20, 2022 08:33 am ET
Karora Announces First Quarter Gold Production of 27,489 ounces and Sales of 26,286 ounces
TORONTO, April 20, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce consolidated gold production of 27,489 ounces for the first quarter of 2022 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales for the quarter were 26,286 ounces. Karora's consolidated unaudited cash balance was $78 million as of March 31, 2022 as the company deployed capital into its growth plan.
Apr 08, 2022 02:50 pm ET
Karora Resources Publishes Inaugural ESG Report for 2021
TORONTO, April 8, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce that it has published its inaugural Environmental, Social and Governance ("ESG") report for the 2021 year. The report is available for download on the Company's website at https://www.karoraresources.com/download/Karora-ESG-Report-2021.pdf.
Apr 07, 2022 07:32 am ET
Karora Announces Updated Consolidated Gold Mineral Resource Highlighted by Maiden Gold Resource for the Larkin Zone at Beta Hunt; Consolidated Mineral Resource Now Totals 2.71 Million Measured and Ind
Highlights:Beta Hunt Gold Measured and Indicated Mineral Resources increased by 7% to 1.12 million ounces and Inferred Mineral Resource increased by 46% to 786,000 ouncesSignificant Beta Hunt additions include:Maiden Larkin Mineral Resource comprising Measured and Indicated 1.44 million tonnes @ 2.6g/t for 119,000 ounces and Inferred 2.17 million tonnes @ 2.3g/t for 162,000 ouncesOn a consolidated basis Karora's Gold Measured and Indicated Mineral Resource inventory increased by 8% to 2.71 million ounces net of mining depletionOn a consolidated basis, Karora's Gold Inferred Mineral Resources
Mar 22, 2022 07:45 am ET
Karora Resources Announces Inclusion in the GDX® (VanEck Gold Miners ETF)
TORONTO, March 22, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce that the Corporation has been included in the NYSE Arca Gold Miners Index (GDMNTR), which is tracked by the VanEck Vectors Gold Miners ETF (GDX®).
Mar 14, 2022 07:00 am ET
Karora Delivers Record Revenue of $264 Million and Cash Flow Provided by Operating Activities of $106 Million in 2021
Karora will host a call/webcast on March 14, 2022 at 10:00 a.m. (Eastern Time) to discuss the fourth quarter and full year 2021 results. North American callers please dial:  1-888-664-6392, international callers please dial: (+1) 416-764-8659. For the webcast of this event click [here] (replay access information below).
Mar 04, 2022 09:30 am ET
Karora Resources Announces Conference Call / Webcast Details for Fourth Quarter 2021 Results
TORONTO, March 4, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on March 14, 2022 at 10:00 a.m. (Eastern Time) to discuss the Corporation's fourth quarter and full year 2021 results. The access information is provided below.
Feb 14, 2022 06:31 am ET
Karora Announces Consolidated 2022 Gold Production Guidance of 110,000 - 135,000 ounces at AISC of US$950 - US$1,050 per ounce sold and Inaugural Nickel Production Guidance at Beta Hunt
TORONTO, Feb. 14, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce 2022 gold production guidance of 110,000 – 135,000 ounces and all-in sustaining cost (AISC)1 cost guidance of US$950 – US$1,050 per ounce sold. Karora is also pleased to provide its first nickel production guidance at Beta Hunt (since its 2020 re-naming), following a successful 2021 drilling campaign. Nickel production for 2022 is forecasted to range between 450 - 550 nickel tonnes. Karora has used a conservative nickel price assumption of $16,000 per tonne in its AISC1 by-p
Jan 26, 2022 07:20 am ET
Karora Announces Record Annual Gold Production of 112,814 ounces and Gold Sales of 113,628 ounces for 2021
TORONTO, Jan. 26, 2022 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record annual consolidated gold production of 112,814 ounces for 2021 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales were 113,628 ounces during 2021. For the fourth quarter of 2021 gold production was 27,925 ounces and sales were 28,734 ounces.
Dec 13, 2021 08:14 am ET
Metals & Mining Investor Presentations Now Available for On-Demand Viewing
Individual and institutional investors as well as advisors are invited to log-on to LifeSciencesInvestorForum.com to view presentations
Dec 06, 2021 07:35 am ET
Live Virtual Investor Conference: Executives from Metals & Mining Companies Present December 8th & 9th
Company Executives share vision and answer questions live at VirtualInvestorConferences.com
Dec 06, 2021 07:00 am ET
Karora Resources Strengthens Board with Appointment of New Australian-based Director Shirley In't Veld
TORONTO, Dec. 6, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce the appointment of Shirley In't Veld to its Board of Directors effective immediately.
Nov 08, 2021 06:05 am ET
Karora Reports Strong Third Quarter Results Positioning the Company for a Record Year
Karora will host a call/webcast on November 8, 2021 at 10:00 a.m. (Eastern Time) to discuss the third quarter 2021 results. North American callers please dial:  1-888-664-6392, international callers please dial: (+1) 416-764-8659. For the webcast of this event click [here] (replay access information below).
Oct 22, 2021 10:28 am ET
Karora Resources Announces Conference Call / Webcast Details for Third Quarter 2021 Results
TORONTO, Oct. 22, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on November 8, 2021 at 10:00 a.m. (Eastern Time) to discuss the Corporation's third quarter 2021 results. The access information is provided below.
Oct 14, 2021 06:59 am ET
Karora Announces Record Gold Production of 30,365 ounces and Gold Sales of 28,935 ounces for the Third Quarter
TORONTO, Oct. 14, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record quarterly consolidated gold production since the Higginsville acquisition of 30,365 ounces for the third quarter of 2021 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales were 28,935 ounces sold during the quarter.
Sep 07, 2021 07:40 am ET
Karora Among the World's First Carbon Neutral Gold Mining Companies Following the Retirement of Diversified Carbon Offsets
TORONTO, Sept. 7, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce that it will achieve carbon neutrality in 2021 for its own operations (Scope 1 emissions) and purchased electricity consumption (Scope 2 emissions) through the purchase and retirement of 80,000 tonnes of verified carbon offset credits. The credit retirements form the preliminary phase of a long term emissions reduction strategy underway across Karora's business units.
Aug 09, 2021 07:37 am ET
Karora Delivers Strong Second Quarter 2021 Adjusted Earnings of $0.10 Per Share, Adjusted EBITDA of $0.20 Per Share and AISC of US$996 Per Ounce
Karora will host a call/webcast on August 9, 2021 at 10:00 a.m. (Eastern Time) to discuss the second quarter 2021 results. North American callers please dial:  1-888-664-6392, international callers please dial: (+1) 416-764-8659. For the webcast of this event click [here] (replay access information below).
Jul 27, 2021 04:00 pm ET
Karora Resources Announces Conference Call / Webcast Details for Second Quarter 2021 Results
TORONTO, July 27, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on August 9, 2021 at 10:00 a.m. (Eastern Time) to discuss the Corporation's second quarter 2021 results. The access information is provided below.
Jul 22, 2021 08:35 am ET
Green Energy & Precious Metals Live Virtual Investor Conference July 27th, 28th, & 29th
Company Executives share vision and answer questions live at VirtualInvestorConferences.com
Jul 15, 2021 08:11 am ET
Karora Announces Record Gold Sales of 31,931 Ounces and Record Gold Production of 30,412 Ounces for the Second Quarter
TORONTO, July 15, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record quarterly consolidated gold production since the Higginsville acquisition of 29,831 ounces for the second quarter of 2021 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales were also a record, with 30,412 ounces sold during the quarter.
Jun 10, 2021 04:14 pm ET
Karora Announces Results of Annual Meeting of Shareholders
TORONTO, June 10, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce the voting results of its annual meeting of shareholders held today.
May 14, 2021 09:21 am ET
Karora Resources Renews Normal Course Issuer Bid
TORONTO, May 14, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Company") is pleased to announce it has received approval from the Toronto Stock Exchange (the "TSX") to renew its normal course issuer bid (the "Bid") to purchase up to no more than 7,335,151 of its issued and outstanding common shares (the "Common Shares").
May 07, 2021 06:52 am ET
Karora Delivers Strong Start to Year with First Quarter 2021 Adjusted Earnings of $0.06 Per Share, Adjusted EBITDA of $0.15 Per Share as Operations Continue to Deliver in Line With 2021 Guidance and P
Karora will host a call/webcast on May 7, 2021 at 10:00 a.m. (Eastern Time) to discuss the first quarter 2021 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 [here] (replay access information below).
Apr 27, 2021 11:15 am ET
Karora Resources Announces Conference Call / Webcast Details for First Quarter 2021 Results
TORONTO, April 27, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on May 7, 2021 at 10:00 a.m. (Eastern Time) to discuss the Corporation's first quarter 2021 results. The access information is provided below.
Apr 15, 2021 11:31 am ET
Karora Delivers Strong Start to Year with First Quarter Gold Sales of 25,547 Ounces and Production of 24,694 Ounces
TORONTO, April 15, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Company") is pleased to announce consolidated gold production of 24,694 ounces for the first quarter of 2021 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales for the quarter were a very strong 25,547 ounces.
Mar 19, 2021 07:20 am ET
Karora Announces 2020 Results Including Record Annual Net Earnings of $88 Million, 2020 AISC Cost Guidance Beat, Along With Record Low 4Q20 AISC of US$912 per ounce
Karora will host a call/webcast on March 19, 2021 at 10:00 a.m. (Eastern Time) to discuss the 2020 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 [here] (replay access information below).
Feb 26, 2021 10:19 am ET
Karora Resources Announces Conference Call / Webcast Details for Fourth Quarter 2020 Results
TORONTO, Feb. 26, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on March 19, 2021 at 10:00 a.m. (Eastern Time) to discuss the Corporation's fourth quarter and full year 2020 results. The access information is provided below.
Feb 01, 2021 09:57 pm ET
Karora Announces Filing of Technical Report for Previously Reported Gold Mineral Reserves and Mineral Resources
TORONTO, Feb. 1, 2021 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") 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 ("NI 43-101") supporting the mineral resource and reserve statement for Beta Hunt and Higginsville operations in Western Australia previously reported in Karora's news release dated December 16, 2020.
Nov 12, 2020 06:26 am ET
Karora Announces Record Quarterly Adjusted EBITDA of $23 Million and Record Low AISC of US$1,044 per ounce Since HGO Acquisition
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 [here] (replay access information below).
Oct 29, 2020 04:30 pm ET
Karora Resources Announces Conference Call / Webcast Details for Third Quarter 2020 Results
TORONTO, Oct. 29, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on November 12, 2020 at 10:00 a.m. (Eastern Time) to discuss the corporation's third quarter 2020 results. The access information is provided below.
Oct 26, 2020 08:35 am ET
Global Metals & Mining Investor Presentations Now Available for On-Demand Viewing
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations
Oct 16, 2020 01:19 pm ET
Global Metals & Mining Live Virtual Investor Conference October 20th, 21st, 22nd
Company Executives share vision and answer questions live at VirtualInvestorConferences.com
Oct 14, 2020 06:56 am ET
Karora Generates Strong Third Quarter Free Cash Flow With Gold Production of 24,717 Ounces Boosting Quarter End Cash Balance by 34% to $67 Million
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 timing of gold deliveries to the Perth Mint.
Sep 15, 2020 07:34 am ET
Karora Resources to Participate in Upcoming Gold Conferences
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.
Sep 03, 2020 04:30 pm ET
Karora Resources Closes Royalty Reduction Agreement with Maverix Metals
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 their respective shareholders. Maverix has agreed with Karora to reduce the royalty on Beta Hunt gold production from 7.5% to 4.75% effective July 1, 2020. In consideration for the royalty reduction, as previously announced, Karo
Aug 10, 2020 07:09 am ET
Karora Announces Strong Second Quarter Financial and Operating Results, Reiterates 2020 Guidance
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 [here] (replay access information below).
Aug 07, 2020 07:12 am ET
Karora Resources Completes Acquisition of Spargos Reward High-Grade Gold Project
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 contains a historical JORC1 (2012) Mineral Resource Estimate of 112,000 oz (785,800 tonnes @ 4.4 g/t) indicated resource and 19,000 oz (151,000 tonnes @ 4.0 g/t) inferred resource2, as detailed in Tabl
Jul 31, 2020 12:24 pm ET
Karora Resources Announces Conference Call / Webcast Details for Second Quarter 2020 Results
TORONTO, July 31, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce senior management will host a conference call / webcast on August 10, 2020 at 10:00 a.m. (Eastern Time) to discuss the corporation's second quarter 2020 results. The access information is provided below.
Jul 30, 2020 05:10 pm ET
Karora Resources Announces Share Consolidation Effective as of Market Open on July 31, 2020 and Partial Monetization of Orford Mining Position
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 the basis of one (1) post-consolidation Common Share for every four and a half (4.5) pre-consolidation Common Shares (the "Consolidation"). Prior to the Consolidation, approximately 648,700,031 Common Shares were issued and outstanding. Following
Jul 27, 2020 04:30 pm ET
Karora Resources Closes Previously Announced Sale of its Remaining 28% Interest in the Dumont Nickel Project
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").
Jul 22, 2020 08:00 am ET
Karora Resources Announces Agreement to Sell its Remaining 28% Interest in the Dumont Nickel Project for Proceeds of up to $48 Million and Announces Share Consolidation
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 conditions of the sale agreement.
Jul 17, 2020 12:13 pm ET
Karora Resources Closes Previously Announced Share Subscription
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).
Jul 16, 2020 10:00 am ET
Karora Delivers Another Strong Quarter With Gold Production of 24,078 ounces and June 30, 2020 Cash Balance of $50.2 Million
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 was sold during the first week of the third quarter.
Jul 14, 2020 07:55 am ET
Eric Sprott Significantly Increases Investment in Karora Resources; Subscribes for 26 Million Shares
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 Karora news release dated June 30, 2020).
Jun 30, 2020 07:30 am ET
Karora Resources Announces a Significant Reduction in Beta Hunt Royalty and Strategic Partnership with Maverix Metals
TORONTO, June 30, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") and Maverix Metals Inc. (NYSE American & TSX: MMX) ("Maverix") are pleased to announce an agreement to reduce the gold royalty at Karora's Beta Hunt mine which, at closing, will create a strategic partnership aligning both parties in unlocking the significant value at Beta Hunt for their respective shareholders. Maverix has agreed with Karora to reduce the royalty on Beta Hunt gold production from 7.5% to 4.75% effective July 1, 2020. The reduced royalty burden on the Beta Hunt mine will allow
Jun 17, 2020 09:10 am ET
Karora Resources (Previously RNC Minerals) Commences Trading Under New Name and TSX Trading Symbol "KRR"
TORONTO, June 17, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation"), previously named RNC Minerals Corporation, is pleased to announce that effective today, Wednesday, June 17, 2020, the Corporation's common shares and warrants will commence trading on the Toronto Stock Exchange (the "TSX") under its new name and trading symbols - "KRR" and "KRR.WT", respectively.
Jun 16, 2020 06:42 pm ET
RNC Minerals Announces Name Change to Karora Resources Inc.; Common Shares to Start Trading on the TSX Under New Name and New Symbol "KRR"
TORONTO, June 16, 2020 /CNW/ - RNC Minerals ("RNC" or the "Corporation") (TSX: RNX) is pleased to announce that effective Wednesday, June 17, 2020, the Corporation's common shares and warrants will commence trading on the Toronto Stock Exchange (the "TSX") under the Corporation's new name, Karora Resources Inc., and its new trading symbols "KRR" and "KRR.WT", respectively.