Krakatoa Resources Ltd

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 (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 […]

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 […]

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 […]