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An update from Krakatoa Resources Ltd. ( (AU:KTA) ) is now available.
Krakatoa Resources Limited has announced successful drilling results at its Zopkhito Antimony-Gold Project in Georgia, with visible antimony mineralization intersected in both underground adit and surface diamond drilling. The company has extended the project’s option period by 12 months, allowing for further resource definition and transaction milestones. This extension, along with pending assay results, positions Zopkhito as a significant high-grade antimony-gold opportunity in Europe’s critical minerals corridor, potentially enhancing Krakatoa’s market position and shareholder value.
More about Krakatoa Resources Ltd.
Krakatoa Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction of antimony and gold, with a strategic emphasis on projects that contribute to the critical minerals supply chain in Europe.
Average Trading Volume: 6,702,907
Technical Sentiment Signal: Sell
Current Market Cap: A$10.73M
See more insights into KTA stock on TipRanks’ Stock Analysis page.