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Karora Resources Inc.

The New Karora Resources has a new management team around Paul Huet formed and is processing at their centrally located mill. For H2-2019 they have a production guidance of 42,000 – 49,000 ounces gold at AISC of US$1,150 - $1,250 per ounce. Plan is to be a +100,000 ounce producer in the next years and growing. The balance sheet has improved a lot with Q3-2019 cash at 25 Mio $. They run an ongoing aggressive cost reduction program. Karora Resources runs the Beta Hunt and the Higginsville Mine and does additional toll milling.

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