Monday, July 15News That Matters

Krakatoa Resources says the smart money wants in on the stock

–News Direct–

Krakatoa Resources Ltd (ASX:KTA) chair Colin Locke speaks with Proactive soon after announcing the company has completed a reverse circulation (RC) drilling program testing lithium-caesium-tantalum (LCT) prospective pegmatites at the former King Tamba tantalum mine. A total of 16 holes were drilled beneath high-grade lithium oxide rock samples, with 1,806 metres completed over seven days. Of the 16 holes, 13 intersected pegmatites with consistent intersections of flat-lying pegmatite logged from 70 metres deep.

Krakatoa Resources Limited (KTA) are committed to the acquisition and value addition of mineral and energy projects with a focus on high value metals.

Krakatoas mission is to emerge into a prominent electrical energy, precious metal and critical elements producer. The board is committed to significantly increasing shareholder value by aggressively, acquiring and developing projects containing gold, copper and critical elements essential for technology and defence applications.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

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