Karora Resources Announces Major 0.9 km Extension to 1.4 km Potential Mineralized Strike Length of Fletcher Shear Zone with Intersections of 6.5 g/t Over 26 Metres and 46.5 g/t Over 7.0 Metres

TORONTO, April 13, 2023 /CNW/ - Karora Resources Inc. (TSX:KRR.TO) (OTCQX:KRRGF) ("Karora" or the "Corporation") is pleased to announce significant results from gold exploration drilling targeting the Fletcher Zone at the Beta Hunt Mine. Drilling to test the southern strike extension of the Fletcher Shear Zone (FSZ), north of the Alpha Island Fault (AIF) intersected strong mineralization in the targeted position supporting the current interpretation and extending the drill-supported potential mineralized zone by 900 metres from the nearest drill intersection for a total strike length of 1.4 kilometres. This result substantiates and improves upon previously reported results which indicate the FSZ to be the third major gold system in the Hunt Block after the Western Flanks and A Zone.