• A second drill rig has commenced to ramp-up the 7,000-10,000m maiden drilling campaign at the Zopkhito Sb-Au Project in Georgia
• The drilling will focus on areas where the mineralised Sb and Au veins have been identified between historical adit development
• Program designed to assist with converting the foreign resource estimate into a JORC compliant Mineral Resource

Krakatoa Resources Ltd (ASX: KTA) has announced the commencement of a second drill rig at the Zopkhito Sb-Au Project located in Georgia, Caucasus Region Eastern Europe. The Company has an exclusive option to acquire up to an 80% legal and beneficial interest in the granted mining license covering the Project. Krakatoa's exploration strategy in 2025 is to target the areas between the adits where historical sampling has previously demonstrated high-grade mineralisation that was subsequently earmarked and mapped as mineral resources by the Soviet works in 1950-1970. Drill testing in these areas will confirm mineralisation beyond the adits and clarify the extent of the gold alteration system as well as the quartz-antimony vein development. The drilling program is designed to assist with converting the foreign resource estimate of 225Kt @ 11.6% Sb for a contained 26,000 tonnes of Sb and 7.1Mt @ 3.7g/t for 815,119oz of Au into a JORC-compliant Mineral Resource. The Company's CEO, Mark Major, commented that the addition of a second drill rig is a positive step in building momentum across the maiden drilling program at Zopkhito, and that the program will be critical in shaping the understanding of this world-class project and laying the foundations for future work.

The Company's exploration strategy in 2025 is to target the areas between the adits where historical sampling has previously demonstrated high-grade mineralisation that was subsequently earmarked and mapped as mineral resources by the Soviet works in 1950-1970. The drilling program is designed to assist with converting the foreign resource estimate into a JORC-compliant Mineral Resource.