Company
Krakatoa Resources Ltd
ASX:KTA
Krakatoa Resources Ltd is advancing the world class Zopkhito high-grade antimony and gold project in Georgia, while actively exploring for other critical and precious metals in Western Australia and NSW, Australia. The company's mission is to discover, explore and develop high value critical metal projects to be a prominent critical and precious metal producer.
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Krakatoa Resources begins RC drilling at Mt Clere sulphide conductors
“We have already experienced great success at Mt Clere through the discovery of our Tower Rare Earths Project and are now focused on achieving similar success through this upcoming drill program,” said CEO Mark Major.
Rare earths & specialist minerals
Krakatoa Resources delivers maiden Tower resource of 101 million tonnes at 840 ppm TREO at Mt Clere
"It has only been seven months since we made the initial discovery at Tower and now the team has delivered a robust maiden resource and we still have a significant exploration target to chase,” Krakatoa’s CEO Mark Major said.
Krakatoa Resources readies to kick off basement sulphide drilling next week at Mt Clere
“We have already experienced great success at Mt Clere through the discovery of our Tower Rare Earths Project and are now focused on achieving similar success through this upcoming drill program,” said CEO Mark Major.
Krakatoa Resources finds more clay-hosted REEs at Tower ahead of maiden resource
Managing director Mark Major said the findings at Tower represented “a major step forward” as focus turns to the inaugural MRE and an initial metallurgical review.
Krakatoa Resources readies for sulphide target drilling at Mt Clere supported by EIS grant
This drilling program will target high-priority and prospective late-time conductors identified through a combination of airborne and ground EM surveys, and geochemical and geological data.
Krakatoa Resources fields high-grade rubidium results in pegmatites up to 70 metres thick at King Tamba
The company has now unearthed two pegmatite complexes on the King Tamba project, one of which boasts 70-metre widths and grades up to 0.26% rubidium, while the newly discovered southern complex returned narrower intersections of a higher gr
Krakatoa Resources hits several thick mineralised pegmatite complexes at King Tamba
Several mineralised pegmatite swarms have been delineated with best results so far assaying at 5,580 parts per million (ppm) rubidium, 3,940 ppm lithium, 754 ppm caesium, 229 ppm niobium and 352 ppm tantalum.
Krakatoa Resources prepares for maiden rare earth resource estimate at Mt Clere following drilling campaign
“Our focus is now to deliver a maiden JORC-compliant resource as well as gaining further understanding into the amenability of the REE’s extraction processes to obtain a high-level understanding of the project’s potential," CEO Mark Major s
Rare earths & specialist minerals
Krakatoa Resources pinpoints extension of pegmatite complex at Dalgaranga Critical Metals Project in WA
“The potential of the Dalgaranga project has been strengthened with rising demand and prediction of further demand and price increases of critical and strategic metals identified within this pegmatite complex," CEO Mark Major said.
Krakatoa Resources starts resource drilling at Tower REE prospect
The company has a 3,000-metre resource drilling program underway targeting rare earths at Tower prospect of the Mt Clere Project.
Krakatoa Resources outlines key sulphide targets from MLEM survey at Mt Clere
“Multiple targets have the potential to host significant massive sulphide mineralisation and we could be on the cusp of something significant for our shareholders,” says CEO Mark Major.
Krakatoa Resources defines promising maiden rare earth target at Mt Clere's Tower prospect
“This could well be one of the largest clay-hosted REE deposits within the southern hemisphere. We have only explored one of the many clay-hosted REE areas identified within the extensive land package at Mt Clere," says CEO.
Krakatoa Resources Ltd kicks off resource drilling at Dalgaranga targeting critical minerals
“With buoyant prices of the project’s critical and tech metals fuelled by demand, we look forward to announcing the nature and extent of this potential maiden resource,” CEO Mark Major says.
Krakatoa Resources completes $5 million placement to fast-track rare earths exploration at Mt Clere
Funds raised will primarily be used for continued exploration at Mt Clere Rare Earths Project which includes exploration/resource drilling, assaying and metallurgical work.
Krakatoa Resources releases "excellent" REE results, will fast track drill program
Krakatoa will fast track a drill program to infill and extend the drilling traverses within the Tower prospect as well as reconnaissance drilling of other highly prospective areas.
Krakatoa Resources defines new gold targets at Rand Project in Lachlan Fold Belt
"The Phase 2 soil survey has better defined the broad anomalies from Phase 1 and has defined a significant new gold zone. This zone is supported by rock-chips of 70 g/t gold from historical workings that have never been explored,” says CEO.
Krakatoa Resources secures licence over rare earth prospective tenure at Rand
The company’s exploration rationale is to conduct shallow aircore drilling across areas of known and interpreted intrusives within the granted tenements, testing for REE enrichment.
Krakatoa Resources to begin MLEM survey with priority targets to be drilled in June
“To be able to get on the ground so quickly following the completion of the VTEM targeting survey will allow us to complete this critical work program before Easter and plan for drilling in late May,” Krakatoa CEO Mark Major said.
Krakatoa Resources identifies multiple conductors with VTEM surveying over Mt Clere Project
“This is a major achievement for the company. It took close to 10 months to get the VTEMTM Max system to the project and the wait has been well worth it. We now have world-class late time conductive targets at key structural intersection, c
Krakatoa Resources marks “big end” to 2021 with extensive survey completed at Rand and $100,000 NSW Government funding
The company has also put forward additional land applications surrounding the Rand project.
Krakatoa Resources closes the books on drilling and survey program at Mt Clere
Looking ahead, Krakatoa plans to unveil results from the aircore drilling and VTEM survey in the first quarter of 2022 — results that will underpin ground exploration in the new year.
Krakatoa Resources leveraged to high value metals in low-risk jurisdictions
Rare earth oxides (REO) hosted within ionic clay confirmed at the Rand Project in the Riverina region of New South Wales.
Krakatoa Resources discovers ionic clay hosted rare earths at Rand Project, shares up
“This is the first discovery of clay-hosted REE within this area of NSW. The company has significantly expanded its landholding over the already large area via applications of additional tenure with similar geophysical signatures and underl
Krakatoa Resources has drill spinning at Sugarloaf copper-gold target of Belgravia Project
According to the company, the drilling along with an expansion of a soil survey will assist with deeper porphyry vectoring at the project in the Lachlan Fold Belt of NSW.
Krakatoa Resources intersects high-grade gold of up to 80.6 g/t in rock chips from Rand Project
The company is confident that the high-grade results not only demonstrate the potential calibre of the gold system but have confirmed the geochemical signature of an Intrusive Related Gold System (IRGS).
Krakatoa Resources puts Rand project on fast-track after identifying bullseye targets
According to the company, the magnetic survey provides a platform for assessing the considerable regional exploration gold potential available at Rand and the bullseye targets are an example of this.
Krakatoa Resources finds shallow nuggety gold system at Turon Gold Project in NSW
Six diamond holes have been completed totalling about 1,295 metres and multiple zones of quartz veining with associated mineralisation was intersected.
Krakatoa Resources secures copper-gold prospective exploration tenure in Australia’s most prolific porphyry region
The exploration project is in the East Lachlan province, a tier-one mining jurisdiction which constitutes the largest porphyry province in Australia, and hosts about 59 million ounces of gold as part of the Macquarie Arc.
Krakatoa Resources increases rare earth prospective ground at Mt Clere, raises $385,000 in completed share placement
The company increased its landholding at the Mt Clere Rare Earth Project from 403 to 556 square kilometres.