Krakatoa Resources Commences Second Drill Rig at Zopkhito
Key points
- Second drill rig has commenced operations at Zopkhito
- Targeting antimony and gold mineralization
- Metallurgical testwork preparation underway
Full summary
Krakatoa Resources Limited (ASX: KTA) has initiated a second drill rig at its Zopkhito Antimony-Gold Project in Georgia, enhancing its 2026 exploration program. The additional rig aims to expedite the project's progression towards a JORC-compliant Mineral Resource Estimate. Zopkhito holds a Foreign Resource Estimate of 225Kt @ 11.6% Sb and 7.1Mt @ 3.7g/t gold. The project benefits from extensive historical exploration data, including over 20 km of underground adits and 30,000 channel and geochemical samples. The current drilling targets antimony and gold mineralization between and below historical adits. Metallurgical testwork is also underway with the collection of bulk samples to optimize recovery processes for antimony and gold.
Outlook
Krakatoa Resources aims to validate historical work and expand understanding of the gold alteration system and quartz-antimony vein development.
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