• Maiden 7,000-10,000m diamond drilling campaign underway at Zopkhito Antimony-Gold Project
• Underground core sampling commenced to obtain JORC-compliant samples
• Application lodged to expand Mt Clere Rare Earths Project with Dingo Pass prospect

Krakatoa Resources has made significant progress on its key projects during the September 2025 quarter. At the Zopkhito Antimony-Gold Project in Georgia, the company commenced a 7,000-10,000m maiden diamond drilling program, initially with one rig before ramping up to two rigs operating 24 hours a day. The drilling is focused on areas where high-grade antimony and gold mineralization was encountered in historical underground development. In parallel, Krakatoa has also commenced an underground core sampling program in Adit 80 to obtain JORC-compliant samples and validate historical results. These activities are designed to convert and expand Zopkhito's historical foreign resources into a JORC-compliant mineral resource estimate. Zopkhito is strategically important due to its location within Europe's critical minerals corridor and potential to support diversified supply chains for antimony, a mineral recognized as critical by the EU and US. At the Mt Clere Rare Earths Project in Western Australia, Krakatoa lodged a tenement application over the Dingo Pass REE prospect, which adjoins the company's existing Tower REE resource. Previous exploration at Dingo Pass has identified extensive clay-hosted rare earth mineralization, potentially expanding the Tower deposit significantly. Krakatoa also completed a 1,000m drilling program at the Stone Tank Nb-REE Prospect within Mt Clere, with assay results expected in Q4 2025.