KRL is an Asia-Pacific focused gold mining company with two highly prospective gold projects, KRL South and KRL North, in a premier mining region, the high-grade Kainantu gold district of PNG. Both of KRLs projects show potential to host high-grade epithermal and porphyry mineralization, as seen elsewhere in the district. KRL has a highly experienced board and management team with a proven track record of working together in the region; and an established in-country partner.
KRLs projects are in close proximity to K92 Mining’s high-grade, producing gold mine, with the shared geology highlighting the company’s potential upside. Both of KRLs projects show potential to host high-grade epithermal and porphyry mineralization, as seen elsewhere in the Kainantu district. As well as high-grade regional geology, KRL has local and national support from the government and the Mineral and Resource Authority (MRA) in PNG.
In partnership with Asia Pacific Energy Ventures Pte Ltd, KRL has a unique and strong in-country operating partner with a history of delivering major energy projects in country.