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Krakatoa Resources Ltd. ( (AU:KTA) ) just unveiled an update.
Krakatoa Resources Limited has announced progress in its drilling activities at the Zopkhito Antimony-Gold Project in Georgia. The company has completed 18 diamond drill holes and 9 underground core sampling holes, with significant intersections of antimony mineralization. The drilling aims to validate historical resource estimates and support a maiden JORC-compliant Mineral Resource. The results are expected to enhance understanding of the mineral systems and contribute to the company’s strategic positioning in the antimony market.
More about Krakatoa Resources Ltd.
Krakatoa Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary products include antimony and gold, with a significant market focus on high-grade antimony resources in Eastern Europe and Western Asia.
Average Trading Volume: 7,004,544
Technical Sentiment Signal: Sell
Current Market Cap: A$11.62M
Learn more about KTA stock on TipRanks’ Stock Analysis page.