Karora Resources Optimistic Despite Q1 Challenges

Karora Resources, Inc. (TSE:KRR) has released an update.

Karora Resources Inc. reported gold production of 36,147 ounces and sales of 40,343 ounces in Q1 2024, despite weather challenges and a power outage at their Lakewood mill. The company’s cash balance grew to $87.3 million, marking a positive start to the year. With the Beta Hunt production ramp-up on track, Karora is optimistic about meeting its annual production guidance of 170,000 to 185,000 ounces.

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