Krakatoa Resources Limited (ASX:KTA) Continues Zopkhito Sb-Au Exploration
Exploration Results
Induced polarisation (IP) modelling integrated with topography data has identified a significant potential extension of the Zopkhito Sb-Au resource at depth and along strike. The modelling supports the continuation of the Sb-Au system to depths well below previous exploration and suggests potential parallel mineralisation veins yet to be explored. The current foreign resource estimate includes 225Kt @ 11.6% Sb, equivalent to 26,000 tonnes of antimony, and 7.1Mt @ 3.7g/t for 815,119oz of gold. Out of 27km of exploration adits, over 60 mineralised veins have been exposed, with only 16 investigated to delineate the foreign resource estimate. Krakatoa is continuing historical data compilation and review to establish priority target areas for drill confirmations.
Executive Comments
CEO Mark Major stated, “The geophysical survey adds an extra dimension to the already substantial Sb and Au mineralisation systems at Zopkhito. The scale and coherent anomaly over the two lines and depth levels shown establishes this as an exciting high-priority target for drill testing in 2025. The Company is focused on consolidating the extensive historical data and expanding the known footprint of the Project and plans to initiate our first drill testing once permitting and access is available. In the interim, the Company is continuing its data consolidation of the historical 27km adit channel samples, surface mapping and geochemical sampling. This work will help to further refine suitable target areas and provide a better understanding of the larger mineralised system to support the planning of the 2025 drilling program. All this leads to completing a JORC standard mineral resource estimate and undertaking a preliminary economic assessment.”
Future Exploration
Krakatoa plans to commence the exploration field season in early April 2025, focusing on additional surface mapping, geochemical sampling, adit sampling, diamond core drilling, and further geophysical surveys. During the initial 12-month option period, the Company aims to increase confidence in the geological model and geochemical database to a JORC 2012 standard to complete a mineral resource estimate and a preliminary economic assessment.
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