Krakatoa Resources Ltd
Krakatoa Resources Limited is an Australia-based company, which is engaged in the mineral exploration and evaluation of acquisition opportunities.
The business
Krakatoa Resources Limited is an Australia-based company, which is engaged in the mineral exploration and evaluation of acquisition opportunities. Its projects include Mt Clere Rare Earth Project, King Tamba Speciality Metals Project, Belgravia Porphyry Project, Turon Gold Project, Rand Gold Project and Mac Well Project. The Mt Clere Rare Earth Project is located approximately 200 kilometers (km) northwest of Meekatharra. Belgravia Porphyry Project is located in the central division of the Molong Volcanic Belt (MVB) and covers an area of over 80 square kilometers (km2) located in the tier 1 mining jurisdiction of the Lachlan Fold Belt, New South Wales, Australia. The Turon Project covers 120 km2 and is positioned approximately 50km east of the Company’s Belgravia Project and 60km northeast of Newcrest Mining’s Cadia Valley Mine in the central tableland region, NSW. The Rand Gold Project covers a substantial area of 580 km2 in the Central Lachlan Fold Belt, New South Wales.
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Latest news
Krakatoa Resources prepares for maiden drill program at Zopkhito antimony-gold project in Georgia
Krakatoa Resources (ASX: KTA) is fine-tuning preparations for a significant drilling campaign at its new Zopkhito antimony-gold project in Georgia, eastern Europe. The company has an option to acquire up to an 80% interest in the granted mining licence covering the project and has commenced heavy machinery access and camp repatriation work in the lead-up […]
Krakatoa Resources to acquire up to 80% interest in major Georgian antimony-gold project
Krakatoa Resources (ASX: KTA) has entered into an exclusive option to acquire up to an 80% interest in the mining licence covering the significant Zopkhito antimony and gold project located in Georgia. The lightly explored Zopkhito contains an estimated 225,000 tonnes at 11.6% antimony for a contained 26,000t of antimony and 7.1Mt at 3.7 grams […]
Market wrap: share market searching for a new theory as interest rate cuts evaporate
Investors are scrambling around looking for a new investment thesis after the long-awaited prospect of global official interest rate cuts continued to fade out of view. A combination of stubbornly resurgent inflation in the United States, the potentially worsening war in the Middle East and the prospect of a US election campaign all contributed to […]
Krakatoa Resources unveils strong copper-gold assays from new prospects at Turon project
Ongoing reconnaissance work at new prospects within the Turon copper-gold project in New South Wales has returned promising assays for owner Krakatoa Resources (ASX: KTA). The company said it had received “highly-encouraging” grades from 17 rock chip samples collected around the Mount Rosette gold and Jews Creek copper prospects in the southern portion of the […]
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