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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

Karora Resources Inc.

Figure 1: Plan view of the Gamma Block Nickel Resources highlighting the current 50C infill drilling program and significant drill results received to date.

Figure 2: Cross-section of 50C drilling looking northwest highlighting recently received drill results. Location of section is shown on Figure 1.

Figure 3: Drill hole G50-22-26NE showing massive nickel sulphide intersection and % Ni assays with high-grade core intervals, 87.9m to 95.0m.

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