Krakatoa Resources Ltd. (AU:KTA) has released an update.
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Krakatoa Resources Ltd. has announced the discovery of a new niobium (Nb) and rare earth element (REE) gravity target at their Mt Clere tenement in Western Australia. This promising 40km long target area, highlighted by a 15km regional gravity high, is potentially rich in alkaline intrusive systems like carbonatites. The company is currently conducting an infill soil sampling program, building on previous stream sediment sampling and geochemical data, to further understand the potential of this discovery.
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