# Krakatoa Resources adds second drill rig at Zopkhito Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/krakatoa-resources-adds-second-drill-rig-at-zopkhito--7425c446-0a1c-4125-a7ba-460f5d35a260 Original source: https://www.proactiveinvestors.com/companies/news/1100049/krakatoa-resources-adds-second-drill-rig-at-zopkhito-1100049.html Publisher: proactiveinvestors Original announcement: 2026-10-14T01:45:46.091Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-14T01:47:15.494Z Atlas analysis updated: 2026-10-14T01:47:15.494Z - Company: Krakatoa Resources Ltd - Ticker: KTA - Exchange: Unavailable - Region: Georgia - Primary commodity: Antimony - Secondary commodities: Gold - Document categories: Other, Drill results, Metallurgy, Resource update - Extracted: 2026-10-14 01:47:16 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Krakatoa Resources has commenced drilling with a second rig at its Zopkhito Antimony-Gold Project in Georgia to accelerate its 2026 program. The campaign aims to validate historical work and define mineralization to support a JORC-compliant Mineral Resource Estimate. The company is also advancing metallurgical studies, including flotation and ore sorting. Reasoning: The company is accelerating its exploration program by adding a second rig to move towards a compliant resource estimate. - Positive factor: acceleration of drilling program via second rig - Positive factor: targeting resource definition for JORC compliance - Positive factor: ongoing metallurgical optimization work - Negative factor: historical resource estimate is non-compliant with JORC 2012 Facts used in scoring: 2 ## Classification and evidence **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The program is described as targeting resource definition and validating historical work. Evidence · text > Drilling targets resource definition **No QP/CP Disclosure** Polarity: negative Story-specific tag Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: The historical resource estimate mentioned does not have a named QP/CP or compliance status stated. Evidence · text > The historical estimate is not reported in accordance with the JORC 2012 Code **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/krakatoa-resources-adds-second-drill-rig-at-zopkhito--7425c446-0a1c-4125-a7ba-460f5d35a260#fact-resource-facts-0) Zopkhito Antimony-Gold Project · antimony Historical result Needs review: historical\_restatement #### Identity - Project: Zopkhito Antimony-Gold Project - Commodity: antimony - Region: georgia - Reported Region: Georgia - Ticker: KTA #### Resource scope - Estimate type: resource - Resource group id: resource:9b1d0ef40a2b5deecce0 #### Resource Data - Tonnes: 225000 - Grade: 11.6 - Grade Unit: % - Contained Metal: 26000 - Contained Unit: t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-14T00:00:00.000Z Reasoning: Historical resource estimate provided for context. - Negative factor: not reported in accordance with JORC 2012 Code Evidence · text > Zopkhito currently hosts a foreign resource estimate of 225,000 tonnes at 11.6% antimony for 26,000 tonnes of contained antimony #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/krakatoa-resources-adds-second-drill-rig-at-zopkhito--7425c446-0a1c-4125-a7ba-460f5d35a260#fact-resource-facts-1) Zopkhito Antimony-Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Zopkhito Antimony-Gold Project - Commodity: gold - Region: georgia - Reported Region: Georgia - Ticker: KTA #### Resource scope - Estimate type: resource - Resource group id: resource:4396b89e25c0f15efda4 #### Resource Data - Tonnes: 7100000 - Grade: 3.7 - Grade Unit: g/t - Contained Metal: 815119 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-14T00:00:00.000Z Reasoning: Historical resource estimate provided for context. - Negative factor: not reported in accordance with JORC 2012 Code Evidence · text > 7.1 million tonnes at 3.7 g/t gold for 815,119 ounces #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.