Gold Standard: Karora’s Record Q1 & Unlocking Lithium Exploration Potential

Investor webinar replay

Meeting Overview The meeting focused on Karora Resources' Q1 results and recent developments in their operations, particularly regarding their gold and nickel production expansion plans. Oliver Turner provided insights into the company's performance, leadership changes, and future outlook. Key Discussion Points - Overview of Karora Resources' operations and assets in Western Australia. - Introduction of Lee Junk as the new managing director in Australia. - Q1 production results, achieving nearly 40,000 ounces of gold. - Expansion plans for the Beta Hunt mine, aiming to double production capacity. - Capital expenditure plans for 2023, including upgrades to milling capacity and exploration activities. - Outlook for 2023 and 2024, with production targets and adjusted cost guidance. - Exploration potential, particularly the Fletcher Shear Zone and recent drill results. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Continue monitoring the pro...

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[Speaker identities could not be resolved; generic labels used] [00:07] Speaker 1: Hello everyone and welcome to Corora Resources Summit Gold Standard, Corora's record Q1 and unlock in Lithium exploration potential, hosted by 6. Today we're going to be chatting with Oliver Turner about Karora Resources 2023 [00:21] Speaker 1: Q1 results. So if you have any questions, please feel free to ask them in the Q&A tab on the right hand side of your screen. But I have prepared some questions for Oliver already and I'll try my best to incorporate your questions to create the best conversation possible. [00:33] Speaker 1: With that being said, Oliver, thanks for coming on. Why don't you start off by giving us a quick pitch of Karora Resources for any individuals that are not familiar with the story. Where are you operating and why should people have Karora on their radar? [00:44] Speaker 2: Yeah, thanks a lot, Kyle, And great to be back on the 6th platform. [00:48] Speaker 2: Yeah. So Corora Resources [00:50] Speaker 2: is a Western Australian domiciled Gold producer. We have 3 producing assets located in the Kalgoorlie [00:57] Speaker 2: trend in Western Australia. We're also the largest landowners in Western Australia on the Calgary trend, 1900 square kilometers. Our flagship asset is the Beta Hunt mine. It's a very large and growing gold and nickel producer. We're actually halfway through a very large expansion plan right there, taking the company from about 100000 ounces to about 200000 ounces. By the end of next year, we also have the Higginsville properties, which feed our centralized Higginsville mill. And last year we acquired a 2nd mill called the Lakewood mill, which brings us up to [01:29] Speaker 2: 2.6Mt [01:30] Speaker 2: per annum of processing capacity. [01:33] ...