Karora (KRRGF*) Highlights November 21, 2023:
- 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 ounces
- Consolidated Gold Measured and Indicated Mineral Resource inventory increased by 9% to 3.2 million ounces net of mining depletion
- At Higginsville:
- Maiden Probable Mineral Reserve produced for the Spargos deposit comprising 437,000 tonnes grading 4.6 g/t for 64,000 ounces
- The expanded Mineral Resource and Reserves further support extending mine life at Karora’s flagship Beta Hunt mine