Beta Hunt Mine

Triple Flag Announces Q3 2023 Results – On Track to Achieve Guidance

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星期二, 十一月 7, 2023
Mining, Minerals, Natural Resources, NSR, Integra, Young-Davidson mine, Platinum, Stawell, Defense, Talon, DeLaMar, Gold, Acquisition, Maintenance, Webcast, Renard, ESG, Department of Defense Architecture Framework, Agnico Eagle, Nickel, Trade and Development Bank of Mongolia, Bank statement, Trade, Growth, Cardinal, GEOS, Development finance institution, Alamos Gold, Investment, National Army, Hang Seng China A Industry Top Index, Larix laricina, PGM, Bushveld Igneous Complex, Satellite navigation device, Palladium, Uranium mining, Rare-earth element, Doris, Camino Rojo mine, E31, Beta Hunt Mine, Stornoway, Northparkes

Guidance and Outlook Maintained: Triple Flag remains on track to achieve its sales guidance for 2023 of 100,000 to 115,000 GEOs, notwithstanding the Renard diamond mine entering care and maintenance in the fourth quarter of 2023 as described further below.

Key Points: 
  • Guidance and Outlook Maintained: Triple Flag remains on track to achieve its sales guidance for 2023 of 100,000 to 115,000 GEOs, notwithstanding the Renard diamond mine entering care and maintenance in the fourth quarter of 2023 as described further below.
  • Northparkes (54% gold stream and 80% silver stream): Sales from Northparkes in Q3 2023 were 3,919 GEOs.
  • In October 2023, Alamos Gold reiterated that Young-Davidson is on track to meet its 2023 production guidance of 185,000 – 200,000 ounces.
  • Triple Flag has not assumed any contributions from Pumpkin Hollow to GEOs sales in the fourth quarter of 2023.

Karora Announces Strong Third Quarter Gold Production of 39,548 Ounces, Gold Sales of 41,278 Ounces and Increased Cash Position of $84.2 Million

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星期三, 十月 11, 2023
Gold, KRR, TSX, Fletcher, Resource, Palladium, Beta Hunt Mine

Gold sales for the third quarter were 41,278 ounces.

Key Points: 
  • Gold sales for the third quarter were 41,278 ounces.
  • Karora's unaudited consolidated cash balance as at September 30, 2023 was $84.2 million, an increase of $13 million compared to June 30, 2023.
  • The results we've delivered to date place us in an excellent position to target the upper end of our full year 2023 gold production guidance range of 145,000 – 160,000 ounces.
  • Our robust third quarter production performance also drove an increase in our cash position of $13 million to $84.2 million at quarter end.

Karora Reports Intersections of 14.7 g/t Over 4.0 Metres and 12.2 g/t Over 6.0 Metres at Beta Hunt's Mason Zone and the 140 Metre Extension of Gold Mineralization at the Spargos Mine to a Depth of 580 Metres

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星期一, 九月 18, 2023
Mason, Inference, Mineral, Karora, KRR, Resource, Mineral resource estimation, Disclosure, WF, QA/QC, SGS, Gold, ICP-AES, NI, Mining, Nickel, Interval, CRM, Diamond, TSX, Growth, News, Mineral Resources Limited, Uranium mining, Dredging, Natural gas, Printed circuit board, Rare-earth element, Road, Charlie Spargo, Beta Hunt Mine

Drilling at Spargos was successful in extending high grade mineralization up to 140 metres below current drilling to 580 metres below surface.

Key Points: 
  • Drilling at Spargos was successful in extending high grade mineralization up to 140 metres below current drilling to 580 metres below surface.
  • A core focus of our 2023 drilling program is upgrading portions of our large Inferred Mineral Resource base.
  • I am also very encouraged by the results we are seeing from our infill drilling at Western Flanks and A Zone.
  • Our drilling has extended the known depth of gold mineralization by 140 metres to a depth of 580 metres below the surface, including intercepts of 6.0 g/t over 5.0 metres and 12.8 g/t over 2.1 metres.

Karora Reports Results from Fletcher South Infill Drill Program Showing Strong Continuity with Intersections of 15.9 g/t Over 6.0 Metres and 4.8 g/t Over 32.0 Metres

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星期二, 九月 12, 2023
KRR, Resource, Disclosure, FSZ, QA/QC, SGS, Gold, ICP-AES, NI, Interval, CRM, Diamond, EOH, TSX, Hunt Block, News, Uranium mining, Printed circuit board, Fletcher, Beta Hunt Mine

We continue to see very strong grades associated with the FSZ, which has an interpreted strike length of 2.0 km.

Key Points: 
  • We continue to see very strong grades associated with the FSZ, which has an interpreted strike length of 2.0 km.
  • Following the success of the initial Fletcher infill drill program, a second infill program concentrating around the most northern section of the recently completed program is planned for Q4.
  • The results of this second program will be assessed with the aim of producing an initial Mineral Resource for Fletcher.
  • Karora operates an industry best practice QA/QC process to ensure the integrity of all assay results.

Triple Flag Announces Record Q2 2023 Results and Dividend Increase

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星期二, 八月 8, 2023
Mining, Minerals, Natural Resources, Zinc, Excelsior, Sustainability reporting, Fatality, Castle Grande, National bank, National Bank of Canada, Industrialisation, Acquisition, Victorian, Rio Tinto, PGM, Noise, Antofagasta, Integration, Agbaou-Ahéoua, NSR, Research, E31, EPA, KPMG LLP, KPMG, Molybdenum, Gold, Webcast, Agnico Eagle, Barrick Gold, GEOS, Young-Davidson mine, Nevada Copper Belt Railroad, Silver, GR, ETW, Copper, Hunt Block, AA, Maruti Suzuki, Cryptocurrency, Palladium, Nuton, MSCI, Beta Hunt Mine, Doris, Northparkes

Dividend: Triple Flag’s Board of Directors declared a quarterly dividend of US$0.0525 per common share that will be paid on September 15, 2023, to the shareholders of record at the close of business on August 31, 2023.

Key Points: 
  • Dividend: Triple Flag’s Board of Directors declared a quarterly dividend of US$0.0525 per common share that will be paid on September 15, 2023, to the shareholders of record at the close of business on August 31, 2023.
  • This increases the annualized dividend by 5% from US$0.20 per common share to US$0.21 per share and is Triple Flag’s second consecutive annual increase of the dividend since its May 2021 initial public offering.
  • Team: Subsequent to quarter end, David Lee joined Triple Flag as Vice President, Investor Relations.
  • Fosterville (2.0% net smelter return (“NSR”) gold royalty): Royalties from Fosterville in Q2 2023 equated to 1,697 GEOs.

Karora Resources Reports New Fletcher South Infill Drill Program Results Building Confidence in Continuity of Mineralization

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星期二, 八月 8, 2023
Figure, KRR, Resource, Disclosure, FSZ, SGS, Gold, ICP-AES, NI, Nickel, Interval, CRM, Diamond, TSX, QAQC, Growth, Hunt Block, News, Material take off, Uranium mining, Natural gas, Printed circuit board, Road, Palladium, Beta Hunt Mine, John Fletcher (South Australian politician)

Assays from four of the nine holes received to date intersected strong mineralization in the targeted positions reinforcing a high level of confidence in the continuity of the Fletcher mineralization.

Key Points: 
  • Assays from four of the nine holes received to date intersected strong mineralization in the targeted positions reinforcing a high level of confidence in the continuity of the Fletcher mineralization.
  • Paul Andre Huet, Chairman & CEO, commented: "Today we reported more strong results from the Beta Hunt drilling program in our Fletcher South Zone.
  • Our results returned strong gold mineralization over very long intercepts, including 2.8 g/t over 52 metres.
  • The results are very encouraging, demonstrating mineralization continues along the Fletcher Shear Zone, as targeted, as well as parallel mineralized lodes.

Karora Announces New Quarterly Gold Production Record of 40,823 Ounces

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星期三, 七月 19, 2023
TSX, Gold, Acquisition, KRR, Cryptocurrency, Beta Hunt Mine

TORONTO, July 19, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record quarterly consolidated gold production of 40,823 ounces for the second quarter of 2023 from its Beta Hunt and Higginsville mines in Western Australia.

Key Points: 
  • TORONTO, July 19, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record quarterly consolidated gold production of 40,823 ounces for the second quarter of 2023 from its Beta Hunt and Higginsville mines in Western Australia.
  • Gold sales were also a record at 42,172 ounces for the second quarter.
  • Paul Andre Huet, Chairman & CEO, commented: "I am extremely pleased with our very strong first half of 2023 with gold production of 80,650 ounces, driven by back-to-back quarterly production records to start the year.
  • The strong first half of 2023 puts us in excellent position to meet our full year 2023 gold production guidance range of 145,000 – 160,000 ounces.

Triple Flag Announces Q1 2023 Results – Record GEOs and Operating Cash Flow

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星期二, 五月 9, 2023
Mining, Minerals, Natural Resources, GEOS, Young-Davidson mine, IPO, Noise, Resource, Silver, Elevation, NSR, EPA, Gold, EBITDA, Acquisition, MaveriX, River, Webcast, Adjustment, Cryptocurrency, Palladium, Beta Hunt Mine, Northparkes

The first quarter of consolidated results after the closing of the Maverix transaction on January 19, 2023, has driven record financial results on many key financial metrics, including GEOs, revenue, operating cash flow and adjusted EBITDA.

Key Points: 
  • The first quarter of consolidated results after the closing of the Maverix transaction on January 19, 2023, has driven record financial results on many key financial metrics, including GEOs, revenue, operating cash flow and adjusted EBITDA.
  • Operating Cash Flow of 20 cents per share in Q1 2023 increased from 17 cents per share in Q1 2022.
  • Closing of Maverix Transaction: On January 19, 2023, Triple Flag successfully completed the acquisition of Maverix Metals Inc. (“Maverix”).
  • Upon closing of the transaction, existing Triple Flag and former Maverix shareholders owned approximately 78% and 22% of the pro forma outstanding shares of Triple Flag, respectively.

Karora Announces Agreement with Kalamazoo Resources to Unlock Lithium Exploration Value Through Creation of Kali Metals Limited

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星期一, 五月 8, 2023
Lithium, Manna, Climate, Bald Hill, Geology, NYSE, Mining, Agreement, Marble Bar, Western Australia, MIN, Nickel, TSX, Knowledge, SQM, Carbon footprint, Western Australian Government Railways, Carbon, JV, Gold, CFO, KZR, DOM, KRR, Circumstellar habitable zone, Dom Santamaria, ASX, GL1, Pioneer, DTM, LCT, Non-executive director, Management, IPO, NSW, Jingellic, Beta Hunt Mine, Lachlan Fold Belt

TORONTO, May 8, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce it has entered into an agreement with Kalamazoo Resources Limited (ASX: KZR) ("Kalamazoo") to create a lithium and critical metals exploration company to be called Kali Metals Limited ("Kali").

Key Points: 
  • TORONTO, May 8, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce it has entered into an agreement with Kalamazoo Resources Limited (ASX: KZR) ("Kalamazoo") to create a lithium and critical metals exploration company to be called Kali Metals Limited ("Kali").
  • We look forward to participating in the enhanced combined success of the newly formed Kali Metals."
  • Karora has entered into a Shareholders Agreement ("the Agreement") with Kalamazoo under which Kalamazoo will vend its non-gold exploration projects and mineral rights into Kali, followed by the undertaking of an IPO pursuant to the agreement.
  • The Marble Bar and DOM's Hill Lithium Projects are part of an exploration Joint Venture ("JV") agreement originally between Kalamazoo and major Chilean lithium producer SQM.

Karora Announces Best Ever Quarterly Gold Production of 39,810 Ounces

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星期一, 四月 17, 2023
TSX, Gold, KRR, Cryptocurrency, Beta Hunt Mine

TORONTO, April 17, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record quarterly consolidated gold production of 39,810 ounces for the first quarter of 2023 from its Beta Hunt and Higginsville mines in Western Australia.

Key Points: 
  • TORONTO, April 17, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce record quarterly consolidated gold production of 39,810 ounces for the first quarter of 2023 from its Beta Hunt and Higginsville mines in Western Australia.
  • Gold sales were 36,145 ounces for the first quarter due to timing of gold shipments to the Perth mint.
  • Paul Andre Huet, Chairman & CEO, commented: "I am extremely pleased to announce yet another quarterly production record for Karora.
  • Record first quarter gold production of 39,810 ounces puts us in a very strong position right out of the gate to reach our full year 2023 guidance range of 145,000 – 160,000 ounces.