# KTA: Second Drill Rig Commences at Zopkhito Sb-Au Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/kta-second-drill-rig-commences-at-zopkhito-sb-au-project--0ccad1f4-d849-453e-a5ed-3f6d5af20937 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03152164 Publisher: asx Original announcement: 2026-10-13T22:58:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-13T23:56:06.938Z Atlas analysis updated: 2026-10-13T23:56:06.938Z - Company: Krakatoa Resources Limited - Ticker: KTA - Exchange: ASX - Region: Georgia - Primary commodity: Antimony - Secondary commodities: Gold - Document categories: Other, Drill results - Extracted: 2026-10-13 23:56:07 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Krakatoa Resources has commenced drilling with a second rig at the Zopkhito Antimony-Gold Project in Georgia to accelerate its 2026 exploration program. The company is also preparing for metallurgical testwork and aims to convert historical foreign resource estimates into a JORC-compliant Mineral Resource Estimate. Reasoning: The announcement reports operational progress \(second rig\) and strategic advancement \(metallurgical prep\) rather than new assay results. - Positive factor: acceleration of exploration program via second rig - Positive factor: progression toward JORC-compliant MRE - Positive factor: metallurgical testwork preparation underway 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 2026 program is described as resource definition drilling to support a JORC-compliant MRE. Evidence · text > 2026 program to focus on resource definition drilling ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/kta-second-drill-rig-commences-at-zopkhito-sb-au-project--0ccad1f4-d849-453e-a5ed-3f6d5af20937#fact-drill-facts-0) Zopkhito Sb-Au · antimony Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Zopkhito Sb-Au - Commodity: antimony - Region: georgia - Reported Region: georgia - Ticker: KTA #### Geometry - Grade: 11.6 - Grade Unit: % - Intercept: 225000 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: low\_confidence - Historical: Yes - Historical Source Date: 2024-12-09T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is a restatement of a foreign estimate from a 2024 announcement and is not JORC-compliant. - Negative factor: not reported in accordance with JORC Code 2012 Evidence · text > Zopkhito contains a Foreign Resource Estimate of 225Kt @ 11.6% Sb #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/kta-second-drill-rig-commences-at-zopkhito-sb-au-project--0ccad1f4-d849-453e-a5ed-3f6d5af20937#fact-drill-facts-1) Zopkhito Sb-Au · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Zopkhito Sb-Au - Commodity: gold - Region: georgia - Reported Region: georgia - Ticker: KTA #### Geometry - Grade: 3.7 - Grade Unit: g/t - Intercept: 7100000 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: low\_confidence - Historical: Yes - Historical Source Date: 2024-12-09T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is a restatement of a foreign estimate from a 2024 announcement and is not JORC-compliant. - Negative factor: not reported in accordance with JORC Code 2012 Evidence · text > 7.1Mt @ 3.7g/t for 815,119oz of gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior 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.