お知らせ • Feb 14
Karora Resources Inc. Announces Significant Increases in Beta Hunt Gold Mineral Resources and Gold Mineral Reserves
Karora Resources Inc. announced Gold Measured and Indicated Mineral Resource, net of depletions, at its flag ship Beta Hunt Mine has increased by 20% and the Inferred Mineral Resources have increased by 34%. The update is highlighted by the net additions to the Western Flanks zone of 146,000 ounces in Measured and Indicated Resources and 338,000 ounces of Inferred Mineral Resources. Gold Proven and Probable Reserves also increased by 12%, or 56,000 ounces, to 538,000 ounces. Both resources and reserves have an effective date of September 30, 2022. The updated Gold Mineral Resource is effective as of September 30, 2022 and represents an update to the previously released Beta Hunt Mineral Resource as of January 31, 2022. The updated Indicated Gold Mineral Resource totals 1.35 million ounces, an increase of 20% (227,000 ounces). The updated Inferred Gold Mineral Resource now totals 1.05 million ounces, representing a 34% (266,000 ounces) increase. The result continues the trend of increasing Mineral Resources. The Beta Hunt Mineral Resource estimate is net of mine production depletion of 0.76 million tonnes grading 2.3 g/t for 56,000 ounces over the period February 1, 2022 to September 30, 2022 period. The new Mineral Resource reflects the results from new drilling designed to extend and upgrade the January 31, 2022 Mineral Resource in support of the Karora Growth Plan which is underpinned by an expansion to 2.0 Mtpa mine production from Beta Hunt. All three previously reported Mineral Resources comprising Western Flanks, A Zone and Larkin were updated. At Western Flanks, resource definition and exploration drilling focused on upgrading the margins of the existing Mineral Resource and testing the down-dip extension of the mineralization. This work successfully extended the Mineral Resource up to 250 metres below the previous resource limit resulting in the zone contributing the bulk of the updated Mineral Resource increase. The Western Flanks Measured and Indicated Resources increased by 19% (143,000 ounces) and the Inferred Resource increased by 77% (338,000 ounces). A Zone drilling concentrated on upgrading and extending the northern margin of the existing resource. This work resulted in the A Zone Measured and Indicated Resource increasing by 31% (72,000 ounces) and the Inferred Resource increasing by 9% (16,000 ounces). Larkin drilling focused on upgrading the existing resource. This work resulted in the Larkin Measured and Indicated Resource increasing by 10% (12,000 ounces) with a decrease of 54% (88,000 ounces) in the Inferred Resource. The reduction in Inferred ounces at Larkin mostly reflects a geological re- interpretation of the north end of the resource which downgraded the size and grade of the previous interpretation based on new drilling data. For 2023, gold drilling will be focused on upgrading Inferred Resources to Indicated status to provide the opportunity for increased Mineral Reserves. Significant exploration drilling is also planned to be undertaken targeting previously defined mineralized zones. In the Hunt Block, exploration drilling is planned to test the along strike continuity of the Fletcher Zone and the northern up-plunge potential of A Zone. In the Beta Block, infill and extensional drilling of the Cowcill and Mason Zones is aimed at following up some of the recently reported drill intersections including 12 g/t over 17 metres and 6.0 g/t over 13.0 metres with the aim of adding these mineralized zones to the Beta Hunt Resource Inventory. The updated Gold Mineral Reserve is effective as of September 30, 2022, and represents an update to the previously released Beta Hunt Mineral Reserve as of September 30, 2020 The updated Gold Mineral Reserve now totals 538,000 ounces, representing a 12% (56,000 ounces) increase from the, September 30, 2020, Mineral Reserve estimate. The Beta Hunt Mineral Reserve is net of mine production depletion of 1.91 million tonnes grading 2.7 g/t for 164,000 ounces over the period October 1st, 2020, to September 30, 2022. The 2022 Beta Hunt Reserve additions within the Western Flank and A Zone mine areas have replaced production depletions, with the new southern production area, Larkin, contributing to the increase in reserves with a maiden Proven and Probable Mineral Reserve of 719k tonnes at a grade of 2.5 g/t for 58,000 ounces.