A geological “stone’s throw” from Cadia Valley, under-the-radar micro-cap Krakatoa Resources is steaming ahead in its hunt for porphyry copper/gold systems in the prolific Lachlan Fold belt in NSW.
Shares in Krakatoa Resources Limited (ASX:KTA) traded more than 40% higher on Tuesday with the significant rerating occurring under record daily volumes of approximately 14 million shares.
A tiny A$6 million capped company is about to fire up the drill bit in NSW’s lucrative Lachlan Fold Belt targeting three interpreted large-scale porphyries.
The aggressive exploration work which is currently underway at Belgravia has identified a second major porphyry intrusive complex, the Larras Lake Igneous Complex (LLIC) at the project, as announced on…
In a stunning show for shareholders, Krakatoa (KTA) pounced on the Turon Project located amid the majors in the Lachlan Fold Volcanic Belt in via Direct Application.
Krakatoa (ASX: KTA) recently started fieldwork at Belgravia, which is located 40km north of the country’s largest gold and copper mine, Newcrest Mining’s Cadia Valley Operations, in New South Wales’…
Krakatoa Resources (ASX:KTA) has exercised its option to acquire the Belgravia Project.
