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Highlights
- Maiden drilling to begin in July at Zopkhito Sb-Au Project
- Focus on verifying high-grade antimony and gold resource
- Strategic location supports critical minerals demand
Krakatoa Resources Ltd (ASX:KTA) is gearing up to commence its inaugural drilling campaign at the Zopkhito antimony-gold (Sb-Au) Project in Georgia. This initiative marks a pivotal step toward upgrading a substantial existing foreign resource estimate to meet JORC standards and potentially positioning the project as a significant player in the global critical minerals landscape.
The company has planned a robust 7,000 to 10,000-metre diamond drilling program, targeting high-priority mineralised zones. Preparatory activities are already in motion, including the rehabilitation of access routes and camp infrastructure. Field mobilisation is under way to ensure the site is fully operational before the drilling commences in early July.
Krakatoa's exploration strategy includes 100 drill holes across 13 platforms, with an average depth of 140 metres and drill spacing of 55–60 metres. This setup is designed to classify a large portion of the deposit as JORC Inferred. By deploying both man-portable and larger underground drill rigs, Krakatoa aims to access a wide range of vein orientations, improving the chances of delineating new mineralised extensions.
Surface activities will be complemented by in-adit core drilling using portable equipment within historical underground tunnels. These efforts are expected to yield crucial data that enhances the geological understanding of the system and informs the JORC resource estimate.
Geophysical tools will also play a role in Krakatoa’s campaign. The team will carry out high-resolution drone magnetic surveys and may integrate sub-audio magnetics (SAM) to pinpoint resistive anomalies and structural features. This technological integration is intended to improve drilling precision and resource targeting.
Strategically located in Georgia’s Racha region, the Zopkhito Project benefits from proximity to rail lines connected to the Black Sea ports. The area’s mineral-rich geology enhances the project’s potential to contribute significantly to the supply of antimony — a critical element used in semiconductors, solar energy technologies, and flame retardants.
The company holds an exclusive option to acquire up to 80% of the Zopkhito license, reinforcing its commitment to strengthening its mineral portfolio. As the resource definition advances, Krakatoa is expected to provide updates on progress and exploration outcomes.
Zopkhito’s development arrives at a time when interest in critical minerals is rising across the S&P/ASX200, aligning Krakatoa’s progress with broader trends in strategic resource investment. Investors exploring ASX dividend stocks may also find the company’s evolving portfolio noteworthy as it moves through exploration toward potential valuation uplift.
