Beta Hunt Drilling Update: Unlocking New Potential and Extending Mine Life

Karora Resources Inc. (TSX: KRR) has recently announced significant progress in its exploration and development efforts at the Beta Hunt Mine in Western Australia. The latest drilling results and development updates have the potential to significantly enhance the project's overall resource potential and mine life. This article will delve into the recent developments at Beta Hunt, their implications for the project's economics, and the company's production growth plan.



Increased Mineral Resources and New Shear Zone Discoveries

The recent drilling results at Beta Hunt have led to a 20% increase in Measured and Indicated ("M&I") Mineral Resources to 1.35 million ounces and a 34% increase in Inferred Mineral Resources to 1.05 million ounces (as of September 30, 2022). This 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. (Source: Karora Resources Inc. announcement, February 13, 2023)

Moreover, the drilling program has led to the discovery of new shear zones, such as the Sorrenson shear zone, which is located to the east and parallel to A Zone and Western Flanks. This follows the success of the Larkin and Fletcher shear zone discoveries, adding to the rapidly expanding mineralized system at Beta Hunt. (Source: WGX:ASX Announcement - Beta Hunt Drilling Update - 18 Feb 2025)

Progress of the Second Decline Development

The progress of the second decline development at Beta Hunt aligns well with Karora's production growth plan. The second decline is integral to doubling throughput at Beta Hunt to 2 Mtpa and increasing gold production to between 185,000 and 205,000 ounces by 2024. The second decline is expected to provide early access to potential near-surface mining blocks in support of the growth plan. (Source: WGX:ASX Announcement - Beta Hunt Drilling Update - 18 Feb 2025)

The completion of the second decline ahead of schedule and on budget has several potential implications for the project's economics, including increased gold production, improved operational efficiency, access to new mining blocks, and the potential for further resource expansion.

Implications for the Project's Economics

The increased Mineral Resources and the discovery of new shear zones have the potential to extend the mine life at Beta Hunt. With the aggressive exploration drill programme, Karora continues to identify new shear zones, which can be converted into resource inventory, thereby extending the mine life.

The completion of the second decline ahead of schedule and on budget has the potential to significantly improve the project's economics through increased gold production, improved operational efficiency, access to new mining blocks, and the potential for further resource expansion.



In conclusion, the recent drilling results and development updates at Beta Hunt have significantly enhanced the project's overall resource potential and mine life. The increased Mineral Resources, discovery of new shear zones, and progress of the second decline development align well with Karora's production growth plan and have the potential to significantly improve the project's economics. As Karora continues to build upon the world-class exploration potential of Beta Hunt, investors should keep a close eye on the company's progress in unlocking the full potential of this promising gold mine.