Highlights:
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
TORONTO, Nov. 21, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce significant increases to its Gold Measured and Indicated ("M&I") Mineral Resource at its flagship Beta Hunt Mine (increase of 18%) and Consolidated M&I Resources at Beta Hunt and Higginsville (increase of 9%), both net of mining depletion. Beta Hunt's Western Flanks zone highlighted the update with improved grades (12% higher) and a net addition of 143,000 ounces in M&I Resources. Nickel M&I Resources also showed improved grade along with the addition of 1,200 tonnes of contained nickel.

Paul Andre Huet, Chairman & CEO, commented: "Our 2023 drilling campaign at Beta Hunt was focused primarily on expanding our Measured and Indicated Resource base and upgrading a significant portion of our Inferred Resource. I am extremely pleased to announce our success in this objective, net of mining depletion, culminating in a 249,000 ounce increase (or 18%) to gold M&I Resources. I am also very encouraged by improvements in M&I Resource grade – an increase of 8%.

see & read more on
https://www.karoraresources.com/2023-11-21-Karora-Announces-Strong-Increases-in-Beta-Hunt-Gold-Mineral-Resources,-Grades-and-Gold-Mineral-Reserves