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Pin to quick picksKeras Res Share News (KRS)

Share Price Information for Keras Res (KRS)

London Stock Exchange
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Share Price: 1.95
Bid: 1.70
Ask: 2.20
Change: 0.00 (0.00%)
Spread: 0.50 (29.412%)
Open: 1.95
High: 1.95
Low: 1.95
Prev. Close: 1.95
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Keras expands gold resource in Western Australia

Tue, 23rd Feb 2016 15:00

(ShareCast News) - Keras Resources added to its gold resource on Tuesday, having entered into a profit share agreement with Kalgoorlie Mining Associates to mine the Wycheproof Gold Deposit in Western Australia.The AIM-traded Australian gold development company described Wycheproof as a high-grade, shallow deposit located on an existing mining licence.It had a resource of 75,600 tonnes at 2.87 grams per tonne, for a total of 6,974 ounces of gold.Keras said mining was to be undertaken in the near-term alongside production from the nearby Grants Patch Gold Tribute, with the mining fleet to be used across both sites."This tribute agreement increases our future production profile and given that it is in close proximity to our existing Grants Patch gold tribute deposits, which will come into production targeting 20,000 to 30,000 ounces of gold per annum in Q2 2016, we will be able to leverage our existing fleet and infrastructure," said managing director Dave Reeves."The Wycheproof deposit, although small, exists on a granted mining lease and can be brought into production in a short space of time. This latest agreement demonstrates the high level of activity in the region and the availability of deposits to be mined using a tribute method," he added.Keras described the deal as a low-cost acquisition with no dilution, on a 50-50 profit share basis.It said it was also in discussion with further parties with respect to similar Australian gold tribute opportunities.
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12 Mar 2018 10:50

Keras Resources Appoints Founder Russell Lamming New Chief Executive

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14 Feb 2017 11:05

Keras Resources updates inferred mineral resource at Copenhagen Deposit

(ShareCast News) - Shares in Keras Resources are up more than 5% after it announced an initial inferred mineral resource (IMR) at the Copenhagen Deposit. This deposit, along with Keras' flagship Klondyke Gold Project, comprised the Warrawoona Gold Project in the East Pilbara Gold Belt of the Pilbara

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3 Feb 2017 10:31

Keras Resources Issues Shares To Directors In Loan Note Repayment (ALLISS)

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3 Feb 2017 08:52

Keras Resources repays loan note

(ShareCast News) - Keras Resources announced on Friday that it has repaid the loan note in the principal amount of £563,889, as detailed in an announcement it made on 1 February 2016. The AIM-traded company said of the total outstanding balance of £609,000 - including interest of £45,111 - £239,700

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26 Jan 2017 09:42

Keras Resources raises £0.6m to support gold project and float on ASX

(ShareCast News) - AIM-listed Australian gold miner Keras Resources has raised £600,000 in equity to support ongoing exploration work and to support plans to float on the Australian Stock Exchange. The miner placed 171.4m shares, representing about 10.6% of its issued share capital, at a price of 0.

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16 Jan 2017 08:53

Keras Starts Building Hub Around Klondyke In Western Australia

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5 Oct 2016 08:19

Keras Resources completes acquisition of gold project in Western Australia

(ShareCast News) - Gold miner Keras Resources completed the acquisition of the Klondyke gold project in Western Australia in order to consolidate the company's presence in the Warrawoona Greenstone Belt and become a significant producer in the region. The company also bought Haoma Mining's right to

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5 Oct 2016 06:47

Keras To Start Drilling Immediately After Completing Klondyke Purchase (ALLISS)

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22 Sep 2016 09:35

Keras Resources Begins Milling Of First Wycheproof Gold Ore Batch

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Keras Resources buys Klondyke gold project in Western Australia

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