KTA: Company Presentation - A Strategic European Asset

Original announcement by asx on

Company
Krakatoa Resources Limited
Ticker
KTA
Exchange
ASX
Region
Georgia
Primary commodity
Antimony
Secondary commodities
Gold
Document categories
Drill results, Resource update
Extracted
2026-10-01 02:24:05 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Krakatoa Resources presented a strategic overview of the Zopkhito Antimony-Gold project in Georgia. The company is using modern drilling to validate a large historical resource consisting of 225kt of antimony and 7.1Mt of gold, while pursuing increased ownership through staged investment options.

Reasoning: The presentation highlights high-grade drill results validating a large-scale historical antimony-gold resource, though the resource itself is a non-JORC foreign estimate.

Positive factors

  • High-grade intercepts validating historical model
  • Significant scale of foreign resource estimate
  • Strategic European location

Negative factors

  • Foreign resource estimate not reported in accordance with JORC Code 2012
  • Classification based on Soviet GKZ rather than JORC/NI 43-101

Facts used in scoring: 20

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The presentation mentions competent person sign-off by Mark Major.

Evidence · text

“Mark Major... has sufficient experience... to qualify as a Competent Person”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource estimate is described as a foreign estimate not reported in accordance with JORC Code 2012.

Evidence · text

“The foreign estimate... are not reported in accordance with the JORC Code 2012.”

Extracted facts

Stored fact records: 20. Some facts used in scoring do not have a stored record.

Drill Results (18)

DD26ZOP002Zopkhito Antimony-Gold · antimonyGrade: 5.72Grade Unit: %Intercept: 2.83 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP002
Project
Zopkhito Antimony-Gold
Commodity
antimony
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
5.72
Grade Unit
%
Intercept
2.83 m

Classification

Sample Type
drill
Group ID
DD26ZOP002:0-2.83

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Strong antimony grade reported in recent drilling.

Positive factors

  • High grade intercept

Evidence · text

“2.83m @ 5.72% Sb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP002Zopkhito Antimony-Gold · goldGrade: 3.26Grade Unit: g/tIntercept: 2.83 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP002
Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
3.26
Grade Unit
g/t
Intercept
2.83 m

Classification

Sample Type
drill
Group ID
DD26ZOP002:0-2.83

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Gold grade accompanies high antimony intercept.

Positive factors

  • Co-occurrence with high grade antimony

Evidence · text

“3.26g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP002Zopkhito Antimony-Gold · antimonyGrade: 15.1Grade Unit: %Intercept: 0.61 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP002
Project
Zopkhito Antimony-Gold
Commodity
antimony
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
15.1
Grade Unit
%
Intercept
0.61 m

Classification

Sample Type
drill
Group ID
DD26ZOP002:0-2.83

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Very high grade antimony sub-interval.

Positive factors

  • High grade sub-interval

Evidence · text

“0.61m @ 15.1% Sb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP004Zopkhito Antimony-Gold · goldGrade: 4.71Grade Unit: g/tIntercept: 6.74 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP004
Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
4.71
Grade Unit
g/t
Intercept
6.74 m

Classification

Sample Type
drill
Group ID
DD26ZOP004:0-6.74

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Solid gold intercept.

Positive factors

  • Good width and grade

Evidence · text

“6.74m @ 4.71g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP004Zopkhito Antimony-Gold · antimonyGrade: 0.88Grade Unit: %Intercept: 6.74 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP004
Project
Zopkhito Antimony-Gold
Commodity
antimony
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
0.88
Grade Unit
%
Intercept
6.74 m

Classification

Sample Type
drill
Group ID
DD26ZOP004:0-6.74

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Lower grade antimony in this interval.

Evidence · text

“0.88% Sb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP004Zopkhito Antimony-Gold · goldGrade: 11.65Grade Unit: g/tIntercept: 0.76 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP004
Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
11.65
Grade Unit
g/t
Intercept
0.76 m

Classification

Sample Type
drill
Group ID
DD26ZOP004:0-6.74

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: High grade gold sub-interval.

Positive factors

  • High grade sub-interval

Evidence · text

“0.76m @ 11.65g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP004Zopkhito Antimony-Gold · antimonyGrade: 2.65Grade Unit: %Intercept: 0.76 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP004
Project
Zopkhito Antimony-Gold
Commodity
antimony
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
2.65
Grade Unit
%
Intercept
0.76 m

Classification

Sample Type
drill
Group ID
DD26ZOP004:0-6.74

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: High grade antimony sub-interval.

Positive factors

  • High grade sub-interval

Evidence · text

“2.65% Sb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP001Zopkhito Antimony-Gold · antimonyGrade: 3.56Grade Unit: %Intercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP001
Project
Zopkhito Antimony-Gold
Commodity
antimony
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
3.56
Grade Unit
%
Intercept
1.8 m

Classification

Sample Type
drill
Group ID
DD26ZOP001:0-1.8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Moderate antimony grade.

Evidence · text

“1.8m @ 3.56% Sb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP001Zopkhito Antimony-Gold · goldGrade: 12.13Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP001
Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
12.13
Grade Unit
g/t
Intercept
1.8 m

Classification

Sample Type
drill
Group ID
DD26ZOP001:0-1.8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: High grade gold intercept.

Positive factors

  • High grade intercept

Evidence · text

“12.13g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP003Zopkhito Antimony-Gold · goldGrade: 5.1Grade Unit: g/tIntercept: 0.64 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP003
Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
5.1
Grade Unit
g/t
Intercept
0.64 m

Classification

Sample Type
drill
Group ID
DD26ZOP003:0-0.64

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Narrow high grade gold intercept.

Evidence · text

“0.64m @ 5.1g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP006Zopkhito Antimony-Gold · antimonyGrade: 4.28Grade Unit: %Intercept: 5.61 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP006
Project
Zopkhito Antimony-Gold
Commodity
antimony
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
4.28
Grade Unit
%
Intercept
5.61 m

Classification

Sample Type
drill
Group ID
DD26ZOP006:0-5.61

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Solid antimony intercept.

Evidence · text

“5.61m @ 4.28% Sb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP006Zopkhito Antimony-Gold · goldGrade: 3.31Grade Unit: g/tIntercept: 5.61 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP006
Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
3.31
Grade Unit
g/t
Intercept
5.61 m

Classification

Sample Type
drill
Group ID
DD26ZOP006:0-5.61

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Gold grade accompanies antimony intercept.

Evidence · text

“3.31g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP006Zopkhito Antimony-Gold · antimonyGrade: 11.65Grade Unit: %Intercept: 0.81 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP006
Project
Zopkhito Antimony-Gold
Commodity
antimony
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
11.65
Grade Unit
%
Intercept
0.81 m

Classification

Sample Type
drill
Group ID
DD26ZOP006:0-5.61

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: High grade antimony sub-interval.

Positive factors

  • High grade sub-interval

Evidence · text

“0.81m @ 11.65% Sb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP006Zopkhito Antimony-Gold · goldGrade: 11.65Grade Unit: g/tIntercept: 0.81 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP006
Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
11.65
Grade Unit
g/t
Intercept
0.81 m

Classification

Sample Type
drill
Group ID
DD26ZOP006:0-5.61

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: High grade gold sub-interval.

Positive factors

  • High grade sub-interval

Evidence · text

“11.65g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP-005Zopkhito Antimony-Gold · antimonyGrade: 0.35Grade Unit: %Intercept: 1.38 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP-005
Project
Zopkhito Antimony-Gold
Commodity
antimony
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
0.35
Grade Unit
%
Intercept
1.38 m

Classification

Sample Type
drill
Group ID
DD26ZOP-005:0-1.38

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Low grade antimony intercept.

Evidence · text

“1.38m @ 0.35% Sb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP-005Zopkhito Antimony-Gold · goldGrade: 1.36Grade Unit: g/tIntercept: 1.38 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP-005
Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
1.36
Grade Unit
g/t
Intercept
1.38 m

Classification

Sample Type
drill
Group ID
DD26ZOP-005:0-1.38

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Low grade gold intercept.

Evidence · text

“1.36g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP005Zopkhito Antimony-Gold · goldGrade: 2.35Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP005
Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
2.35
Grade Unit
g/t
Intercept
1.2 m

Classification

Sample Type
drill
Group ID
DD26ZOP005:0-1.2

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Modest gold intercept.

Evidence · text

“1.2m @ 2.35g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

DD26ZOP004Zopkhito Antimony-Gold · goldGrade: 9.8Grade Unit: g/tIntercept: 0.92 mView all details
Link to this fact

Identity

Hole ID
DD26ZOP004
Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
georgia
Ticker
KTA

Geometry

Grade
9.8
Grade Unit
g/t
Intercept
0.92 m

Classification

Sample Type
drill
Group ID
DD26ZOP004:0-0.92

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: High grade gold intercept.

Positive factors

  • High grade intercept

Evidence · text

“0.92m @ 9.80g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Estimates (2)

inferredZopkhito Antimony-Gold · antimonyTonnes: 224535Grade: 11.63Grade Unit: %Contained Metal: 26120Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Zopkhito Antimony-Gold
Commodity
antimony
Region
georgia
Reported Region
Georgia
Ticker
KTA

Resource scope

Estimate type
resource
Resource group id
resource:0cb8b10603e2681629a8

Resource Data

Category
inferred
Tonnes
224535
Grade
11.63
Grade Unit
%
Contained Metal
26120
Contained Unit
t

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-12-09T00:00:00.000Z

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Large scale foreign resource estimate, but lacks JORC compliance and high geological confidence.

Positive factors

  • Significant scale

Negative factors

  • Not JORC compliant
  • Soviet GKZ classification

Evidence · text

“TOTAL(1) 11.63 224,535 17 0.34 26,120”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredZopkhito Antimony-Gold · goldTonnes: 7260141Grade: 3.7Grade Unit: g/tContained Metal: 815119Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Zopkhito Antimony-Gold
Commodity
gold
Region
georgia
Reported Region
Georgia
Ticker
KTA

Resource scope

Estimate type
resource
Resource group id
resource:3b193d8d9e4fa8db01f3

Resource Data

Category
inferred
Tonnes
7260141
Grade
3.7
Grade Unit
g/t
Contained Metal
815119
Contained Unit
oz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-12-09T00:00:00.000Z

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Large scale gold resource, but lacks JORC compliance and high geological confidence.

Positive factors

  • Significant gold scale

Negative factors

  • Not JORC compliant
  • Soviet GKZ classification

Evidence · text

“TOTAL(1) 7,260,141 3.7 25,353 815,119”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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.