Karora Resources / KRR (TSX)

    [Blockierte Grafik: https://prnewswire2-a.akamaihd…200/version/100011/type/1]


    Karora Announces High Grade Nickel Drill Results Including 3.8% over 10.9 metres and 4.2% over 3.0 metres - 50C Nickel Zone Mineralized Strike Length Now Extended to over 200 metres

    https://www.newswire.ca/news-r…200-metres-875393494.html

    Highlights:

    • Further drilling to extend the 50C nickel trough discovery has confirmed significant nickel mineralization over 200 metres in strike and up to 120 metres in width.
    • New drilling north of the previously reported high grade 50C discovery hole G50-22-005E (11.6% Ni over 4.6 metres downhole) has intersected further high grade nickel mineralization, including intersections1 of:


      • G50-22-011NR: 3.2% Ni over 3.1 metres
      • G55-22-006NR: 5.1% Ni over 2.1 metres
      • G50-22-004NR: 2.1% Ni over 7.5 metres, including 4.0% Ni over 3.0 metres
    • Infill drilling of the 10C nickel trough, which lies adjacent to the 50C trough, has returned encouraging results that support the current Mineral Resource and include the following intersections1.:


      • G10-22-008NR: 3.8% Ni over 10.9 metres, including 5.2% Ni over 3.8 metres
      • G10-22-011NR: 4.2% Ni over 3.0 metres
    • Nickel mineralization in the Beta Hunt Gamma Block remains open to the southeast beyond the 10C and newly defined 50C nickel troughs, with an encouraging historic drill intersection of 11.4% Ni over 9.5 metres located 1 kilometre southeast of current Karora drilling.
    • Results from the 30C nickel trough drilling provide encouragement for an extension of the current Mineral Resource and include the significant results1:


    Karora Delivers Record Revenue of $264 Million and Cash Flow Provided by Operating Activities of $106 Million in 2021


    https://www.karoraresources.co…es-of-106-Million-in-2021


    Sell the good news ist anscheinend gerade angesagt.


    Highlights

    • Record annual gold production of 112,814 ounces (including 27,925 ounces in the fourth quarter) achieving the upper end of 2021 guidance target of 105,000 - 115,000 ounces. Gold sales for 2021 were a record 113,628 ounces (28,734 ounces for the fourth quarter).
    • AISC1 was US$1,012 per ounce for 2021, achieving the lower end of the 2021 guidance range of US$985 – US$1,085 per ounce sold (US$1,042 per ounce for the fourth quarter), representing an improvement compared to AISC of US$1,026 per ounce sold for 2020.
    • Net earnings for 2021 of $27.5 million ($0.18 per share) was down compared to $88.1 million for 2020. Net earnings during the fourth quarter of 2021 were $6.1 million ($0.04 per share), compared to $42.9 million ($0.30 per share) for the fourth quarter of 2020. In 2020, Karora recorded a positive impact of an after-tax impairment reversal of property, plant and equipment of $25.3 million ($0.18 per share) and the fourth quarter of 2020 included a $26.1 million deferred tax benefit.
    • Adjusted earnings1 for 2021 of $48.6 million ($0.33 per share) down $23.5 million compared to 2020. For the fourth quarter of 2021, adjusted earnings were $12.0 million ($0.08 per share) compared to $39.0 million ($0.27 per share) in 2020.
    • Adjusted EBITDA1 for 2021 of $104.3 million ($0.70 per share) up $8.2 million compared to 2020. For the fourth quarter of 2021, Adjusted EBITDA was $25.0 million ($0.16 per share) compared to $31.7 million ($0.22 per share) in 2020.
    • Cash flow from operating activities of $106.5 million, a 13% increase compared to 2020. For the fourth quarter of 2021, cash flow from operating activities was $33.5 million, a 12% decrease compared to $38.0 million in 2020.
    • Karora increased its cash position to $91.0 million at December 31, 2021 after high utilization of capital at the new mining operations at Higginsville and accelerated exploration programs across operations.
    • During 2021 Karora became one of the world's first carbon neutral gold producers for emissions from its own operations (Scope 1 emissions) and purchased electricity consumption (Scope 2 emissions) following the purchase and retirement of verified carbon offset credits. The offset projects include reforestation and conservation initiatives in Australia, among other projects.
    • Production commenced at the Spargos open pit mine in the fourth quarter of 2021 in line with schedule. Planning and approvals are underway to extend the open pit at depth.
    • The fourth quarter saw the completion of the Phase I mill upgrade to 1.6 million tonnes per annum ("Mtpa"). Advanced engineering is underway for the Phase II mill expansion to 2.5 Mtpa.
    • Beta Hunt Second Decline commenced waste development from underground in the fourth quarter of 2021, having advanced 60 metres as at December 31, 2021. The box cut and portal contracts were awarded in early 2022 and contractors have mobilized on site.
    • Drilling at Beta Hunt has extended Fletcher Shear Zone (Beta Hunt) gold mineralization to over 500 metres along strike and 150 metres in vertical extent. Potential exists for gold mineralization to extend for up to 2 kilometres of strike length. New results include 3.3 g/t over 9.5 metres, including 5.5 g/t over 4.4 metres and 18.5 g/t over 0.8 metres.
    • Results received early 2022 for Gamma Block (Beta Hunt) drilling completed in 2021 show the 50C nickel trough extends greater than 200 metres in strike and up to 120 metres in width. In addition to the discovery intersection of 11.6% Ni over 4.6 metres, recent drilling intersected 3.2% Ni over 3.1 metres and 5.1% Ni over 2.1 metres.
    • New gold mineralized setting intersected beneath the 50C nickel trough in the Gamma Block (Beta Hunt) where drilling has confirmed significant mineralization over a 200 metre strike length including intercepts of returned an intercepts of 40.5 g/t over 4.0 metres, 3.4 g/t over 33.6 metres (including 6.0 g/t over 10.5 metres), and 7.6 g/t over 4.6 metres.
    • West of the Larkin Gold Zone (Beta Hunt), drilling returned the widest ever mineralized interval ever recorded at Beta Hunt of 1.5 g/t over 90.0 metres, including 50.9 g/t over 0.4 metres

    Karora Resources Aktie WKN: A2QAN6 ISIN: CA48575L2066


    gefällt mir, könnte mir einen Einstieg nach der Konso vorstellen.
    Bin auf der Suche als Ersatz für Polymetall.



    Homepage: https://www.karoraresources.com/


    Präsentation: http:// https://filecache.investorroom.com/mr5ircnw_karora/1869/KRR%20Corporate%20Presentation%2014-Mar-2022.pdf
    Aus der Präsentation:


    Wir haben nur einen Insider mit der Beteiligung von knapp 1 %, das sehe ich als Minus.
    Hätte mir etwas mehr gewünscht!


    Scott Mckee Hand 1 250 333 0,82% Lead Independent Director 78 2019


    Wo seht Ihr die anderen Pluspunkte im Vergleich zu den Mitbewerbern?


    Gruss RS

    Vassago hat das gut zusammengefasst:


    Karora ist einer meiner Lieblingsproduzenten, hier gibts Produktionswachstum, niedrige Kosten & ein berechenbares Länderrisiko (Australien). Die Gewinnmarge von 18,1% ist auch recht ordentlich (im Vgl. Barrick 17,2%).


    Zusätzlich haben sie Nickel im Portfolio und bis 2024 soll sich der Gold-Output verdoppeln.
    Genügend Cash auf der hohen Kante und organisches Wachstum.

    News:


    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®).


    Following our record 2021 gold production of 112,814 ounces, we remain focused on our goal to reach production of approximately 200,000 ounces annually by 2024."

    Heutige Pressemeldung:


    Karora Announces Updated Consolidated Gold Mineral Resource Highlighted by Maiden Gold Resource for the Larkin Zone at Beta Hunt



    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 ounces
    • Significant 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 ounces
    • On a consolidated basis Karora's Gold Measured and Indicated Mineral Resource inventory increased by 8% to 2.71 million ounces net of mining depletion
    • On a consolidated basis, Karora's Gold Inferred Mineral Resources increased by 43% to 1.21 million ounces
    • The expanded Mineral Resource further supports Karora's Growth Plan to increase production to a targeted 185,000 - 205,000 ounces per annum by 2024

    Produktionsupdate


    Karora Ressources 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.


    Sie weisen auf C-19 und Staffshortage und bleiben bei der Jahresproduktion von 110-135k Unzen, auch die ASIC bleiben im Range von 950 - 1050$


    Spannend in der aktuellen Lage ist dieses Statement:
    It is important to note that we introduced payable nickel production guidance for 2022 of between 450 to 550 tonnes. We assumed a conservative nickel price of US$16,000 per tonne (see Karora new release dated February 14, 2022) in our AISC1 by-product credit forecast, well below the current spot price of over US$33,000 per tonne.


    Es sind zwar nur 450-550 Tonnen, trotzdem können diese den ASIC aus meiner Sicht positiv beeinflussen.

    [Blockierte Grafik: https://mma.prnewswire.com/med…o_Nickel_Minera.jpg?w=200]


    Karora Announces 22% Increase to Nickel Mineral Resources Highlighted by Maiden Resource for the 50C Trend; Beta Hunt Nickel Mineral Resource Now Totals 19,600 Nickel Tonnes for Measured and Indicated and 13,200 Nickel Tonnes for Inferred

    https://www.newswire.ca/news-r…r-inferred-871279721.html


    Highlights:

    • Beta Hunt Nickel Measured and Indicated Mineral Resources increased by 22% to 19,600 nickel tonnes and Inferred Mineral Resource increased by 52% to 13,200 nickel tonnes ounces
    • Significant addition includes the Maiden 50C Trend Resource comprising Measured and Indicated 153k tonnes @ 2.8% Ni for 4,300 nickel tonnes and Inferred 124k tonnes @ 3.1% Ni for 3,800 Ni tonnes. Now in Mineral Resource, the 50C Zone was first discovered in April 2021, demonstrating the advantage of leveraging the extensive underground development in place at Beta Hunt.
    • The 50C Trend is part of the Gamma Block Nickel Mineral Resource which is defined over 800 metres of strike with potential to extend a further 1.8 kilometres to 2.6 kilometres of strike.
    • The updated Mineral Resource will be used to support a Preliminary Economic Assessment of expanded nickel production at the Beta Hunt mine which is expected to be released during the second quarter.
    • Karora expects to update its global reserve and resources, both gold and nickel, in the fourth quarter of 2022.

    [Blockierte Grafik: https://mma.prnewswire.com/med…ckel_Minera.jpg?p=publish]



    Neue Bohrergebnisse von Karora:
    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 (goldseiten.de)


    Highlight:
    Exploration drilling at Western Flanks returned significant high grade results of 198.5 g/t over 4.5 metres in hole AW17LN-01AE in drilling designed to test the northern extension of the zone and 18.6 g/t over 15.0 meters in hole AF-AZDDC1-11AE and 18.3 g/t over 4.0 metres in hole AW-AZDDC1-02AR in drilling designed to support and expand the existing Mineral Resource.

    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

    https://www.newswire.ca/news-r…4-5-metres-852079657.html
    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.

    • 198.5 g/t over 4.5 metres (AW17LN-01AE);
    • 18.6 g/t over 15.0 metres (AF-AZDDC1-11AE); and
    • 18.3 g/t over 4.0 metres (AW-AZDDC1-02AR).

    Interval lengths are downhole widths. Estimated true widths cannot be determined with currently available information

    [Blockierte Grafik: https://mma.prnewswire.com/media/1824647/Picture2.jpg?p=publish]


    https://www.karoraresources.co…ion-Bought-Deal-Financing


    Bought deal 50MioCAD zu 4,80CAD


    https://www.karoraresources.co…antly-De-Risk-Growth-Plan


    Kauf einer weiteren Mühle


    Bought deal zu 4,80CAD (aktueller Kurs 5,14CAD) finde ich jetzt nicht so prickelnd, wenn man sich dadurch aber eine zweite Mill sichern kann ist das zu verschmerzen.


    Sollte KRR heute ein wenig zurückkommen, idealerweise auf bzw. leicht unter 4,80CAD würde ich wieder einen Teil meiner Position zurückkaufen.


    VG

    Börse muss man nicht verstehen....KRR hat die Letze Woche m.E. einen super deal getätigt und eine zweite Mill dazugekauft. PP zu 4,8CAD. Dass der Kurs da hin geht war mir klar und daher erfolgte der erste Rückkauf von KRR an der 4,80AD Marke. Warum der Kurs gestern nochmal rund 10% zurückgekommen ist weis ich nicht und kann ich mir nicht erklären......daher habe ich bei 4,5CAD meine 2.Tranche gekauft.
    Einen Kauf hab ich noch offen.
    VG

    [Blockierte Grafik: https://mma.prnewswire.com/med…ters_Balance_Sheet_wi.jpg]
    Karora Resources Bolsters Balance Sheet with Lower Cost $80 Million Credit Agreement with Macquarie Bank Limited

    https://www.newswire.ca/news-r…nk-limited-804305009.html

    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 Agreement is 24 months with an option for annual renewal thereafter. The proceeds of Credit Agreement will be used to refinance the Corporation's existing $30 million credit facility which bears an interest rate of TD prime rate plus 6.05% per annum, and for general working capital purposes. Closing of the Credit Agreement is subject to conditions precedent, including payment of customary upfront fees that are typical for a financing of this nature. Karora expects closing to occur during June 2022.

    Bin seit heute hier auch investiert, da Karora als Junior ohne nennenswertes Länderrisiko und mit zusätzlichen Basismetall-Ressourcen genau in mein Beuteschema fällt.


    Dass der letzte Anstieg um fast 100% korrigiert wurde, ist auch positiv. Der Verkaufsdruck schwächt sich sichtbar ab, es sollten langsam alle draußen sein…


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