Karora Resources Inc. provided production guidance for the full year 2021, the Company is targeting consolidated production of between 105,000 to 115,000 ounces of gold at an average all-in-sustaining-cost (AISC) of USD 985 to USD 1,085 per ounce. The high-end of 2021 production guidance represents a 21% increase over the high-end of 2020 guidance (19% mid-point to mid-point). The mid-point of 2021 cost guidance represents an 8% reduction when compared to the mid-point of 2020 guidance. The reduced AISC guidance reflects Karora's continued focus on cost reduction initiatives following a very successful year of reducing AISC during 2020. For 2021, the company is guiding to gold production approximately 20% higher than 2020 guidance and for AISC to be approximately 8% lower. The expect gold grades will increase over the course of the year as begin to move into higher grade areas at Higginsville Central and with the anticipated start-up of mining at the high grade Spargos project in the second quarter. As a result, the increase in 2021 gold production and grades is expected to be weighted towards the second half of the year.