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Krakatoa Resources Lodges Application for Diamond Drill Program Approval, Stock Surges by 15%

  • July 01, 2020 12:21 PM AEST
  • Team Kalkine

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.

Gold MTF non-AMP

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).


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