Krakatoa Resources drilling ‘Father Christmas’ pegmatite at King Tamba

–News Direct–

Krakatoa Resources Ltd (ASX:KTA) chairman Colin Locke tells Proactive the company has started phase 2 drilling, consisting of a 6,000-metre reverse circulation (RC) drill program of 45-50 holes, on its 100%-owned King Tamba project in Western Australia. On November 24, the company significantly expanded its exploration campaign at King Tamba after completing 1,800 metres of RC drilling to test the extent of high-grade lithium in soil anomalies across the Wilsons, Loader and MGM prospects. Phase 1 drilling recently identified a continuous thick pegmatite of up to 39 metres below a series of high-grade rock chips of up to 4.3% Li2O.

The company said the 6,000-metre reverse circulation drill program of 45-50 holes had been designed to test the full extent of the high-grade lithium in soil anomalies within a 0.5 x 1.3-kilometre halo.

The drilling is expected to be completed over the course of December 2023 and January 2024 with a small break to be taken during the festive season.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

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