Karora Resources Completes Beta Hunt Second Decline Ahead of Schedule, Provides Development Update and Announces Director Retirement
Karora Resources Inc. (TSX:KRR; OTCQX:KRRGF) ("Karora" or the âCorporation" -
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Karora Resources Inc. (TSX:KRR; OTCQX:KRRGF) ("Karora" or the âCorporation" -
The updated measured and indicated resource totalled 1.35 million gold ounces, representing a 20% increase over the previous estimate.
 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
Karora Resources Inc. (TSX:KRR; OTCQX:KRRGF) ("Karora" or the âCorporation" - https://www.commodity-tv.com/ondemand/companies/profil/karora-resources-inc/) is pleased to announce a continuation of significant results from gold exploration and infill drilling at the Beta Hunt Mine: In the Hunt Block, deep framework drilling for the Western Flanks zone continues to substantiate previously reported results which shows the main shear mineralization extends up to 250 metre
The price of the precious metal is heading for new gains just week after week. The latest data showing that U.S. inflation is falling was certainly involved. Because this fuels expectations that the Fed will scale back the aggressive rate hikes. From a chart perspective, the outlook for the gold price also looks good. The last 52-week low was US$1,618 per troy ounce in September. Since then, the gold price has risen nicely. The uptrend is already in its twelfth week. Now it is a matter of defend