Krakatoa Resources (ASX: KTA) has launched its maiden diamond drilling program at the Zopkhito antimony and gold project in Georgia, situated in Eastern Europe. The 7,000–10,000 metre program will test historically identified Sb and Au veins, which underpin a foreign resource estimate of 225kt at 11.6% Sb (26,000 tonnes) and 7.1Mt at 3.7 g/t Au (815,119 oz). The objective is to refine and grow the current estimate so it meets JORC compliance standards.
CEO Mark Major highlighted the milestone as a key step in modernising resource reporting. One rig is active, with a second to start shortly. The project benefits from Georgia’s pro-investment climate, strong economic growth, and extensive free trade agreements, which provide access to a 2.8 billion population market. This initiative positions Krakatoa to advance exploration while leveraging Georgia’s status as a strategic trade hub
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Sep 02, 2025
Sep 02, 2025
Sep 02, 2025
Sep 02, 2025
Sep 02, 2025
Sep 02, 2025
Sep 02, 2025
Sep 02, 2025
Sep 02, 2025
Sep 02, 2025
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.