An anonymous director reports

KARORA RESOURCES ANNOUNCES CONFERENCE CALL / WEBCAST DETAILS FOR SECOND QUARTER 2023 RESULTS

Karora Resources Inc. senior management will host a conference call/webcast on Aug. 14, 2023, at 10 a.m. Eastern Time to discuss the corporation's second quarter 2023 results. The access information is provided as follows.

Date: August 14, 2023

Time: 10:00 a.m. (Eastern time).

North American callers please dial: 1-888-664-6383

Local and international callers please dial: 416-764-8650

To join the conference call without operator assistance, you may register and enter your phone number at the Callback Link to receive an instant automated call back and be placed into the call.

The call may also be accessed using the Webcast Link ( https://app.webinar.net/JA2m9q2blwj ).

Karora plans to issue a news release containing the second quarter 2023 results before markets open in Toronto on Monday, August 14, 2023.

A recording of the conference call will be available for replay through the webcast link, or for a one-week period beginning at approximately 1:00 p.m. (Eastern Time) on August 14, 2023, through the following dial in numbers:

North American callers please dial: 1-888-390-0541; Pass Code: 331851 #

Local and international callers please dial: 416-764-8677; Pass Code: 331851 #

About Karora Resources

Karora is focused on increasing gold production to a targeted range of 170,000-195,000 ounces by 2024 at its integrated Beta Hunt Gold Mine and Higginsville Gold Operations ("HGO") in Western Australia. The Higginsville treatment facility is a low-cost 1.6 Mtpa processing plant, which is fed at capacity from Karora's underground Beta Hunt mine and Higginsville mines. In July 2022, Karora acquired the 1.0 Mtpa Lakewood Mill in Western Australia. At Beta Hunt, a robust gold Mineral Resource and Reserve are hosted in multiple gold shears, with gold intersections along a 5 km strike length remaining open in multiple directions. HGO has a substantial Mineral gold Resource and Reserve and prospective land package totaling approximately 1,900 square kilometers. Karora has a strong Board and management team focused on delivering shareholder value and responsible mining, as demonstrated by Karora's commitment to reducing emissions across its operations. Karora's common shares trade on the TSX under the symbol KRR and on the OTCQX market under the symbol KRRGF.

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