Krakatoa Resources Ltd (ASX: KTA) is a critical minerals exploration company focused on unlocking high-value resources across Australia and internationally in Georgia. With a diverse portfolio spanning antimony, gold, rare earth elements (REEs), lithium, and niobium, the company is at the forefront of supplying essential minerals for the energy transition, defense, and technology industries.
By employing cutting-edge exploration techniques and leveraging its highly experienced management team, Krakatoa Resources is rapidly advancing its projects. The recent acquisition of the Zopkhito Antimony-Gold Project in Georgia further strengthens its position as a first mover in European critical mineral supply chains.
🟢 Strategic Focus on Critical Minerals – Positioned to meet the surging demand for antimony, gold, lithium, and rare earths, essential for clean energy, EV batteries, and defense industries.
🟢 High-Grade Discoveries – The Zopkhito Project in Georgia boasts an impressive foreign resource estimate of 225Kt @ 11.6% Sb (26,000 tonnes of antimony) & 7.1Mt @ 3.7g/t for 815,119 oz of gold.
🟢 Diversified Asset Portfolio – Flagship REE and niobium assets in Australia and high-grade gold-antimony deposits in Europe provide exposure to multiple booming markets.
🟢 Experienced Leadership – A team of industry veterans with expertise in mineral exploration, project acquisitions, and corporate transactions.
🟢 First Mover in European Antimony – The only Australian-listed company securing a high-grade antimony project in Georgia, capitalizing on growing demand from the EU and global supply chain shortages.
Mr. Colin Locke, Executive Chairman
Brings 30+ years of experience in mining, finance, and business management. He has led major capital raises and project acquisitions, including the Mayoko iron ore project, later sold for over $300 million. His expertise spans Africa, Asia, and Europe, making him instrumental in Krakatoa's expansion strategy.
Brings 30+ years of experience in mining, finance, and business management.
Mr. Mark Major, CEO
Krakatoa Resources Ltd
A seasoned geologist and mining executive with over 25 years in mineral exploration and corporate transactions.
Mr. David Palumbo, Non-Executive Director
Krakatoa Resources Ltd
A Chartered Accountant with over 14 years in corporate finance and advisory.
Mr. Timothy Hogan, Non-Executive Director
Krakatoa Resources Ltd
Has 25 years of experience in stockbroking, specializing in ASX resource stocks.
Projects
1️. Zopkhito Antimony-Gold Project (Georgia, Europe)
📍 Location: Upper Racha, Georgia – part of the Tethyan Metallogenic Belt
🔹Resource Estimate: 225Kt @ 11.6% Sb = 26000 tonnes (contained Sb) + 7.1Mt @ 3.7g/t gold = 815,119 Oz of Gold
🔹Project Highlights:
âś…High-grade antimony in a supply-constrained market
✅Extensive historical exploration – 27km of underground adits & 20,000+ geochemical samples
✅Infrastructure-ready – rail, road, and port access for future exports
✅Geopolitical advantage – strategically located for EU and Central Asia markets
Ownership: Krakatoa Resources holds an option to acquire 80% ownership of the Zopkhito Project.​
Location: Situated in the Racha region of Georgia, Eastern Europe, approximately 170 km from Kutaisi, which is connected by rail to Georgia's western ports.​
License: The project encompasses 1,779 hectares under a 30-year mining and exploration license.​
Historical Exploration: Between 1929 and 1979, extensive exploration was conducted, including over 27 km of exploration drives (adits), more than 20,000 channel samples, comprehensive mapping, and preliminary metallurgical testing.​
Metals: The project is primarily prospective for antimony and gold, with potential for other base metal sulfides.​
Geology: Located within the Great Caucasus Thrust Belt, the mineralization consists of narrow quartz-stibnite veins hosted by carbonaceous shales and slates, accompanied by a broader hydrothermal alteration zone rich in gold-bearing arsenopyrite.​
Resource Estimates: Historical data indicates a foreign mineral resource estimate of approximately 26,000 tonnes of antimony and over 800,000 ounces of gold. However, these figures are based on non-JORC compliant estimates, and no drilling has been conducted to date.​
Infrastructure: The proximity to Kutaisi provides access to rail infrastructure linking to Georgia's western ports, facilitating potential future development and export opportunities.
Watch Video:Â
2️. Mt Clere REE & Niobium Project (Western Australia)
đź“Ť Location: Gascoyne Province, WA
🔹 Focus: Rare Earth Elements (REEs) & Niobium
🔹 Exploration Highlights:
âś… Significant REE potential confirmed by recent drilling
âś… Proximity to existing REE production zones
âś… Advanced-stage metallurgical testing underway
Key Highlights of the Mt Clere Rare Earth Project
Ownership: Krakatoa Resources holds 100% ownership under direct applications. ​
Location: Situated approximately 200 km northwest of Meekatharra, Western Australia, covering an area of 1,060 km². ​
Metals: Prospective for Rare Earth Elements (REE), Heavy Mineral Sands, and Nickel-Copper-Cobalt-Platinum Group Elements (Ni-Cu-Co-PGEs). ​ktaresources.com
Tower REE Resource:
Metallurgical Recoveries: Achieved recoveries of up to 64% for Neodymium (Nd) and 61% for Praseodymium (Pr) using simple extraction techniques, comparable to other globally significant clay-hosted REE projects. ​ktaresources.com
Discovery Opportunities: The project area shows considerable prospectivity for REE, gold, and intrusion-hosted sulphide deposits, with six areas of interest identified for future exploration. ​ktaresources.com
Project Geology: Located on the northwestern margins of the Yilgarn Craton, the tenements cover regions of structural complexity within dense rocks of the Narryer Terrane, which contains some of the oldest known rocks in Australia (circa 3,730 million years).Â
The Mt Clere Project represents a significant opportunity for Krakatoa Resources, with its substantial REE resource, promising metallurgical results, and multiple exploration targets indicating strong potential for future development.
Know More about Mt Clere Project: https://www.ktaresources.com/mt-clere-rare-earth-project/Â
5th February 2025
Zopkhito Antimony-Gold Project (Georgia, Europe)
IP INDICATES CONTINUANCE OF ZOPKHITO ANTIMONY – GOLD MINERALISATION
December 2024
Zopkhito Antimony-Gold Project (Georgia, Europe)
Acquires 80% interest in Zopkhito Antimony-Gold Project
June 2025
Preparation for Drilling Underway - Zopkhito Sb-Au Project
Preparation for Drilling Underway at the Zopkhito Sb-Au Project
June 2025
KTA Completes Placement for Zopkhito Sb-Au Drill Program
Krakatoa Resources Secures C$1.1M for Antimony-Gold Drilling in Georgia
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Krakatoa Resources (ASX: KTA) begins 7,000–10,000m drilling at Zopkhito Sb-Au Project in Georgia, aiming to convert foreign resource into JORC-compliant gold and antimony asset.
Krakatoa Resources (ASX: KTA) has launched diamond drilling at its Mt Clere Project targeting rare earth-rich intrusives. Backed by government funding, this move could elevate KTA’s role in Australia’s critical minerals supply chain.
Krakatoa Resources (ASX: KTA) raises $1.3M to commence maiden drilling at its high-grade Zopkhito Antimony-Gold Project in Georgia, targeting a JORC-compliant resource upgrade.
Krakatoa Resources (ASX: KTA) begins a 7,000m drill program at its high-grade antimony-gold project in Georgia. Foreign resource includes 815,119oz gold and 26,000t Sb.
