Krakatoa Resources Ltd. (AU:KTA) has released an update.
Krakatoa Resources Ltd. has made significant strides in their exploration activities, uncovering new potential areas for niobium and rare earth elements (REE) at the Stone Tank prospect, alongside identifying a promising new copper-gold system within the Turon Project. The company’s systematic exploration has revealed extensive target regions, including two high-priority gravity anomalies set for future drilling, and rock-chip assays showing high copper and gold values. With $1.3 million in cash at the quarter’s end, Krakatoa is positioned to advance these promising findings.
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