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Krakatoa Resources Ltd. ( (AU:KTA) ) has shared an announcement.
Krakatoa Resources Ltd. has completed a 2-hole, 1,000m diamond drilling program at the Stone Tank Prospect within its Mt Clere Project in Western Australia. The company has also applied to expand its landholding east of the Tower REE resource, potentially extending the deposit by more than 9km. This strategic move aims to capitalize on previous successful exploration results and enhance Krakatoa’s position in the REE market.
More about Krakatoa Resources Ltd.
Krakatoa Resources Ltd. is a company operating in the mineral exploration industry, focusing on rare earth elements (REE) and other mineral resources. The company is involved in the exploration and development of mineral deposits, primarily in Western Australia, with a market focus on expanding its resource base and strategic land ownership.
Average Trading Volume: 4,386,472
Technical Sentiment Signal: Hold
Current Market Cap: A$10.89M
See more insights into KTA stock on TipRanks’ Stock Analysis page.