Kalkine: Krakatoa Gears Up for European Expansion with Georgian Gold and Antimony Project

June 13, 2025 12:25 PM AEST | By Team Kalkine Media

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Kalkine: Krakatoa Gears Up for European Expansion with Georgian Gold and Antimony Project — Image source: shutterstock

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Highlights

Krakatoa eyes growth in Europe through its Zopkhito project in Georgia.

Field activities begin to unlock Zopkhito’s gold and antimony potential.

Georgian assets targeted for resource upgrade and European-backed funding.

Krakatoa Resources Ltd (ASX:KTA) has set its sights on unlocking significant value in Europe with its Zopkhito Project in Georgia, a site rich in antimony and gold. The company is positioning the project as a cornerstone of its future growth strategy, underpinned by strategic geographic advantage and untapped mineralisation.

Advancing Zopkhito into a JORC-Compliant Asset

Acquired in December, the Zopkhito Sb-Au Project is central to Krakatoa’s European ambitions. The project boasts high-grade antimony and gold mineralisation supported by substantial historical exploration, including foreign resource estimates. The company has prioritised the conversion of these figures into JORC-compliant resources during the current field season.

A diamond drilling campaign of between 7,000 and 10,000 metres is planned, timed with improved seasonal conditions. These activities will be complemented by geophysical surveys aimed at identifying extensions to existing mineralisation zones.

Infrastructure Revival and Exploration Momentum

Krakatoa’s team has initiated field preparations to restore access to the remote site, including rebuilding tracks and refurbishing a 30-man camp unused since 2018. This groundwork sets the stage for extensive exploration and data collection as the company ramps up its activities in the region.

Georgia’s underexplored metallogenic belt and its openness to foreign investment have made it an attractive jurisdiction for Krakatoa’s expansion. The project is located in a zone that has seen minimal modern exploration, adding further strategic appeal.

Additional Targets and Financial Support

Alongside Zopkhito, Krakatoa is advancing exploration at a nearby prospect referred to as “Y”, where geophysical anomalies suggest potential for high niobium content. This effort is partially funded by a government grant, adding a layer of financial efficiency to the initiative.

The company is also actively pursuing financing from European markets, aiming to leverage regional familiarity and investor confidence in Georgian-based mining opportunities.

With Zopkhito poised to become a flagship development in Krakatoa’s portfolio, the company is embracing a robust, strategically aligned approach to European expansion. By integrating infrastructure revival, targeted drilling, and international funding avenues, Krakatoa is moving with intent to establish a stronghold in a region with promising geological upside.

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