Krakatoa Resources Limited (ASX:KTA) has lodged an application with the NSW Resources Regulator to conduct a diamond drill program at its Turon Project (100% owned) seeking approval for up to 1,770 metre of diamond drilling at several exciting shallow gold targets.
The drill program is expected to commence in the current month of July, subject to the approval from NSW Resources Regulator. Post-announcement, KTA stock surged by 15.789% to $ 0.044 (as on 01 July 2020, AEST 11:58 AM).