Karora Resources Reports New Fletcher South Infill Drill Program Results Building Confidence in Continuity of Mineralization

TORONTO, Aug. 7, 2023 /CNW/ - Karora Resources Inc. (TSX:KRR.TO) (OTCQX: KRRGF) ("Karora" or the "Corporation") is pleased to announce additional significant results from gold exploration drilling targeting the Fletcher Zone at the Beta Hunt Mine. A nine-hole drill program aimed to test and infill the southern extension of the Fletcher Shear Zone (FSZ) over 500 metres of strike north of the Alpha Island Fault (AIF) commenced in June 2023 and is nearing completion. Assays from four of the nine holes received to date intersected strong mineralization in the targeted positions reinforcing a high level of confidence in the continuity of the Fletcher mineralization. These latest results continue to build 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.