Krakatoa Resources Unveils Deep Extensions at Zopkhito Sb-Au Project

Exploration Breakthrough at Zopkhito

Krakatoa Resources Limited (ASX: KTA) has announced a promising development at its Zopkhito antimony-gold (Sb-Au) project in Georgia, revealing potential extensions of mineralisation both at depth and along strike. This advancement comes from the first-time modelling of induced polarisation (IP) geophysical data integrated with topographic information, which has highlighted a significant chargeable anomaly associated with known high-grade antimony veins.

The IP survey, originally conducted in 2017, was reinterpreted using modern inversion techniques by Montana GIS, confirming a strong and coherent anomaly that extends beyond previously explored zones. Notably, the modelling suggests the Sb-Au system continues well below the depths of earlier exploration and indicates the presence of parallel mineralised veins that remain untouched.

Historical Context and Resource Potential

The Zopkhito Project, covering approximately 1,779 hectares in the northern Racha region of Georgia, hosts a foreign resource estimate of 225,000 tonnes at 11.6% antimony and 7.1 million tonnes at 3.7 grams per tonne gold, equating to roughly 26,000 tonnes of antimony and over 815,000 ounces of gold. These figures, while not yet JORC-compliant, underscore the project's substantial mineral endowment.

Exploration history is extensive, with 27 kilometres of underground adits exposing more than 60 mineralised veins, though only 16 have been systematically investigated to date. Krakatoa is actively compiling and reviewing this historical data to refine target areas ahead of its planned drilling campaign.

Strategic Positioning and Next Steps

Krakatoa holds an exclusive option to acquire an 80% interest in the Zopkhito mining license, positioning the company to advance the project through a JORC-compliant mineral resource estimate and a preliminary economic assessment. CEO Mark Major emphasised the significance of the geophysical results, describing the identified anomalies as "exciting high-priority targets" for drilling in 2025.

The company plans to initiate drilling once permitting and access are secured, alongside ongoing surface mapping, geochemical sampling, and historical data consolidation. These efforts aim to deepen geological understanding and support the development of a robust resource model.

Market and Geopolitical Context

Georgia's strategic location as a trade gateway between Europe and Asia, combined with its investor-friendly policies and extensive free trade agreements, enhances the appeal of the Zopkhito Project. The country's strong economic growth and ease of doing business rankings provide a supportive backdrop for mining ventures.

Antimony, a critical metal with diverse industrial and military applications, including in electronics, batteries, and flame retardants, adds strategic value to the project. Krakatoa's focus on both antimony and gold positions it well to capitalise on growing demand for these commodities.