Basic Materials

Krakatoa Resources Ltd (ASX: KTA)

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Company Overview

 

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.

 

Market Cap (As of June 2025): $7.44M

 

Competitive Advantages

 

🟢 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.

 

 

 

People
Mr. Colin Locke, Executive Chairman  Image

Mr. Colin Locke

Executive Chairman

Brings 30+ years of experience in mining, finance, and business management.

Mr. Mark Major, CEO Image

Mr. Mark Major

CEO

A seasoned geologist and mining executive with over 25 years in mineral exploration and corporate transactions.

Mr. David Palumbo, Non-Executive Director Image

Mr. David Palumbo

Non-Executive Director

A Chartered Accountant with over 14 years in corporate finance and advisory.

Mr. Timothy Hogan, Non-Executive Director Image

Mr. Timothy Hogan

Non-Executive Director

Has 25 years of experience in stockbroking, specializing in ASX resource stocks.

Highlights
  • dot
    Strategic Expansion into Critical Minerals - Krakatoa Resources is rapidly building a high-value portfolio across antimony, gold, rare earths, lithium, and niobium.
  • dot
    The Zopkhito Antimony-Gold Project (Georgia) positions KTA as a first mover in European antimony supply, a crucial mineral facing global shortages.
  • dot
    Zopkhito: 225Kt @ 11.6% Sb (26,000 tonnes antimony) + 7.1Mt @ 3.7g/t gold (815,119 oz gold).
  • dot
    Mt Clere REE Project boasts a JORC 101Mt @ 840 ppm TREO, with further upside potential.
  • dot
    Only Australian-listed company with a high-grade antimony project in Europe—a key supplier to EU & global defense, tech, and energy sectors.
Projects

01

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:


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

 

Key Highlights of the Zopkhito Project

 

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: 

Project 1

02

2️. Mt Clere REE & Niobium Project (Western Australia)

📍 Location: Gascoyne Province, WA
🔹 Focus: Rare Earth Elements (REEs) & Niobium
🔹 Exploration Highlights:
Significant REE potential confirmed by recent drilling
✅ Proximity to existing REE production zones
✅ 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:

  • Discovered in April 2022 and rapidly advanced to a JORC 2012 compliant resource within seven months.​
  • Maiden Mineral Resource estimate of 101 million tonnes at 840 ppm Total Rare Earth Oxide (TREO), with 40% classified as Indicated.​ktaresources.com
  • Exploration Target ranging from 57 to 481 million tonnes at 530-1,050 ppm TREO, indicating substantial growth potential. ​

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). 

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/ 

Project 2
Milestones

Zopkhito Antimony-Gold Project (Georgia, Europe)

  • dot 5th February 2025
  • IP INDICATES CONTINUANCE OF ZOPKHITO ANTIMONY – GOLD MINERALISATION

Zopkhito Antimony-Gold Project (Georgia, Europe)

  • dot December 2024
  • Acquires 80% interest in Zopkhito Antimony-Gold Project

Preparation for Drilling Underway - Zopkhito Sb-Au Project

  • dot June 2025
  • Preparation for Drilling Underway at the Zopkhito Sb-Au Project

KTA Completes Placement for Zopkhito Sb-Au Drill Program

  • dot June 2025
  • Krakatoa Resources Secures C$1.1M for Antimony-Gold Drilling in Georgia

For more details, head over to the official website :https://www.ktaresources.com/asx-releases/
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Krakatoa Resources Ltd (ASX: KTA) News