Krakatoa Resources Limited

KTA

AU000000KTA2

Gold

Market Closed - Australian S.E. Other stock markets 02:10:05 2024-04-29 am EDT			5-day change	1st Jan Change
0.011 ^AUD	+10.00%		-4.35%	-69.44%

Apr. 11	Krakatoa Resources Defines New Copper-Gold Prospect at New South Wales Project	MT
Mar. 08	Krakatoa Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	CI

Krakatoa back drilling King Tamba next week after $1.6 million raise

November 30, 2023 at 02:46 pm EST

(via NewsDirect)

Krakatoa Resources Ltd (ASX:KTA) chairman Colin Locke tells Proactive the company has received firm commitments to raise $1.6 million through a share placement to advance an expanded drilling campaign at the wholly-owned King Tamba Project in Western Australia. Locke says now’s the time to take an aggressive approach in the search for lithium after an initial 1,800-metre reverse circulation drilling program intersected thick, continuous pegmatites, including a flat-lying blind pegmatite up to 39 metres thick underneath a 4.3% Li2O rock chip at the Wilsons prospect.

“We thank investors for their continued support and welcome new shareholders to our registry,” Locke said. “Our drilling partners, Topdrill, have demonstrated their confidence in the project by drilling for equity.”

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Krakatoa Resources Limited

Krakatoa Resources Defines New Copper-Gold Prospect at New South Wales Project	Apr. 11	MT
Krakatoa Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 08	CI
Krakatoa Resources Confirms LCT Pegmatites at Western Australian Specialty Metals Project	Mar. 08	MT
Krakatoa Resources to Resume Drilling at King Tamba Project; Shares Fall 6%	Jan. 08	MT
Krakatoa Resources Intersects Pegmatites at King Tamba Project	Dec. 21	MT
Krakatoa Resources Limited announced that it has received AUD 1.6 million in funding from Topdrill Pty. Ltd.	Dec. 05	CI
Krakatoa Resources Starts Phase Two Drilling at King Tamba Project; Shares Fall 12%	Dec. 05	MT
Krakatoa Resources Limited announced that it expects to receive AUD 1.6 million in funding from Topdrill Pty. Ltd.	Nov. 28	CI
Krakatoa Resources to Start Expanded Drill Program at King Tamba Project; Shares Fall 4%	Nov. 23	MT
Krakatoa Resources Intersects Pegmatites at King Tamba Project	Nov. 09	MT
Krakatoa Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-29	CI
Krakatoa Resources Finds High-Grade Gallium at King Tamba Project; Shares Fall 4%	23-08-16	MT
Krakatoa Resources Finds Numerous Pegmatite Outcrops at Western Australian Project; Shares Up 3%	23-08-08	MT
Krakatoa Resources Finds New Lithium Outcrop at King Tamba Project; Shares Rise 3%	23-07-25	MT
Krakatoa Resources Finds High-Grade Lithium at King Tamba Project	23-07-05	MT
Krakatoa Resources Finds Rare Earth Discovery at Rand Project	23-05-08	MT
Krakatoa Resources to Raise AU$560,000 Via Share Placement	23-04-20	MT
Krakatoa Resources to Start Exploration Activities at Mt Clere Project; Shares Rise 3%	23-03-28	MT
Krakatoa Resources Limited Provides Mt Clere Exploration Update	23-03-28	CI
Krakatoa Resources Limited Provides Mt Clere Exploration Update	23-03-28	CI
Desert Metals Undertaking Extensive Field Work at Three Projects	23-03-24	MT
Krakatoa Resources Completes Shallow REE Drill Program at New South Wales' Rand Project; Shares Decline 6%	23-03-14	MT
Krakatoa Resources Limited Announces Completion of a 27 Hole, 1318m Air Core (AC) Drill Program at its 100% Owned Rand Project	23-03-14	CI
Krakatoa Resources Declares Maiden Resource for King Tamba Project	23-03-08	MT
Krakatoa Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2022	23-03-08	CI

Chart Krakatoa Resources Limited

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Company Profile

Krakatoa Resources Limited is an Australia-based company that is engaged in the mineral exploration and evaluation of acquisition opportunities. Its projects include Belgravia Porphyry Project, Turon Gold Project, Rand Gold Project, Mt Clere Rare Earth Project, King Tamba Speciality Metals Project, and Mac Well Project. The Belgravia Porphyry Project is located in the central division of the Molong Volcanic Belt (MVB) and covers an area of over 80 square kilometers (km2) located in the tier 1 mining jurisdiction of the Lachlan Fold Belt, New South Wales (NSW), Australia. The Turon Gold Project covers 120 km2 and is positioned approximately 50 kilometers (km) east of the Companyâs Belgravia Project and 60 km northeast of Newcrest Miningâs Cadia Valley Mine in the central tableland region, NSW. The Rand Gold Project covers a substantial area of 580 km2 in the Central Lachlan Fold Belt, NSW. The Mt Clere Rare Earth Project is located approximately 200 km northwest of Meekatharra.

Sector

Gold

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

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Sector Other Gold

	1st Jan change	Capi.
KRAKATOA RESOURCES LIMITED	-69.44%	3.08M
FRANCO-NEVADA CORPORATION	+14.44%	23.6B
GOLD FIELDS LIMITED	+18.12%	15.6B
ZHONGJIN GOLD CORP.,LTD	+34.04%	8.93B
HARMONY GOLD MINING COMPANY LIMITED	+40.67%	5.54B
EVOLUTION MINING LIMITED	+4.04%	5.25B
ENDEAVOUR MINING PLC	-2.15%	5.21B
TRIPLE FLAG PRECIOUS METALS CORP.	+26.93%	3.29B
PT ANEKA TAMBANG TBK	-6.45%	2.36B
KOZA ALTIN ISLETMELERI	+19.82%	2.31B

Other Gold

Krakatoa Resources Limited

Equities

KTA

AU000000KTA2

Gold

Krakatoa back drilling King Tamba next week after $1.6 million raise

Contact Details

Latest news about Krakatoa Resources Limited

Chart Krakatoa Resources Limited

Company Profile

Income Statement Evolution

Sector Other Gold