Underground Drilling Commences at Zopkhito
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| Stock | Krakatoa Resources Ltd (KTA.ASX) |
|---|---|
| Release Time | 2 Jul 2026, 8:16 a.m. |
| Price Sensitive | Yes |
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Krakatoa Resources Commences Underground Drilling at Zopkhito
Key Points
- Underground drilling begins for a second season at Zopkhito
- Targeting known mineralised veins within historical underground workings
- Focused on resource definition, metallurgical optimisation, and mining studies
Full Summary
Krakatoa Resources Limited has commenced its second field season at the Zopkhito Antimony-Gold Project in Georgia. The project aims to convert the current foreign resource estimate into a JORC 2012 standard Mineral Resource Estimate (MRE). The 2026 work program includes resource definition drilling, metallurgical optimisation, and preliminary mining studies. Krakatoa holds an exclusive option to acquire up to 80% interest in the Zopkhito Antimony-Gold Project, which covers 1,779 hectares and has a mining license valid until March 2042. The project benefits from extensive historical exploration data, including 27km of underground adits and over 15,000 historical samples.
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