
Krakatoa Resources reports visual antimony in initial drilling at Zopkhito, Georgia. CEO says 2026 program confirms historical vein models and continuity of enrichment.
Krakatoa Resources (ASX:KTA) has found visual antimony in the early stages of drilling at the Zopkhito project in Georgia. The company reported a 2.86-metre interval of antimony mineralisation that includes a 60-centimetre zone of massive quartz and stibnite. Visual estimates suggest roughly 50% stibnite in that section.
CEO Mark Major said the initial 2026 drilling has confirmed the historical vein models and demonstrated continuity of the enriched antimony mineralisation. “It is fantastic to see the initial 2026 drilling confirming the historical vein models and demonstrating the continuity of the enriched antimony mineralisation at Zopkhito,” he said.
Zopkhito is an antimony-gold project covering 1,779 hectares under a mining licence valid until March 2042. Krakatoa holds an exclusive option to acquire up to 80% of the project. The site already carries a foreign resource estimate of 225,000 tonnes at 11.6% antimony for 26,000 tonnes of contained antimony, plus 7.1 million tonnes at 3.7 grams per tonne gold for 815,119 ounces of gold.
Major told shareholders that the project benefits from extensive historical exploration, including underground adits and a large geochemical dataset. The current program has completed two diamond drill holes and four underground in-adit core sampling holes. The company is now planning additional metallurgical optimisation test work and preliminary mining studies as part of its broader development strategy for Zopkhito. That may include an extra adit bulk sampling program. Environmental baseline studies and permitting work continue in parallel.
“We are systematically working the veins, with each hole providing valuable information to improve our understanding of the mineralised system and supporting the delivery of a maiden JORC-compliant mineral resource estimate,” Major said. “Further work is being planned as we step up activities at site and we are looking forward to a very busy year and maintaining strong news flow.”
Shares closed up 9.09% to 0.6 cents, giving the company a market capitalisation of about $6.67 million.
Prepared with AlphaScala editorial tooling from the source reporting linked above. Indexable analysis may include a cited Alpha Score value. Publishing checks screen each story before release. Educational coverage, not personalized advice.