Zopkhito Drilling Restart Imminent

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Stock Krakatoa Resources Ltd (KTA.ASX)
Release Time 15 Jun 2026, 9:48 a.m.
Price Sensitive Yes
 Krakatoa Resources Announces Imminent Zopkhito Drilling Restart
Key Points
  • 2026 field season preparations nearing completion
  • Georgian Prime Minister signed decree for 2-year exploration extension
  • 2025 drilling confirmed high-grade antimony and gold mineralisation
Full Summary

Krakatoa Resources Limited (ASX: KTA) is preparing to restart drilling at its Zopkhito antimony-gold project in Georgia. The 2026 field season preparations are nearing completion. The Georgian Prime Minister signed a decree providing an additional 2-year extension for exploration activities under the Zopkhito's 2042 mining license. The 2025 drilling confirmed high-grade antimony and gold mineralization beyond historical workings. The 2026 program will focus on resource definition drilling, metallurgical optimization, and preliminary mining studies to support a JORC-compliant Mineral Resource Estimate and future development studies.