Krakatoa Resources (ASX:KTA) has begun its second season of surface diamond drilling at the Zopkhito Antimony-Gold Project in Georgia, as a part of its greater 2026 exploration season.
The company will focus drilling on areas where antimony and gold veins have been encountered within the historical adit development, focused on converting and expanding the existing resource estimate into a JORC-compliant resource estimate.
The JORC Code is a professional reporting standard maintained by the Joint Ore Reserves Committee and used by ASX-listed mining companies to set a minimum standard for reporting exploration results, mineral resources, and ore reserves.
Zopkhito currently hosts a foreign resource estimate of 225,000 tonnes @ 11.6% antimony for a contained 26,000 tonnes of antimony and 7.1 million tonnes @ 3.7 grams per tonne for 815,119 ounces of gold.
Krakatoa will begin underground drilling and bulk adit sampling in the coming weeks.
The greater work program for 2026 includes resource definition drilling, metallurgical optimisation, and preliminary mining studies.
Environmental baseline studies and permitting activities are continuing at Zopkhito in parallel to support future project advancement.
Drilling conducted last year confirmed ‘high-grade’ mineralisation beyond the adits and confirmed the presence of an extended gold alteration system, in addition to the high-grade quartz-antimony vein development.
Mineralisation was intersected across multiple target zones, which Krakatoa says provides strong geological validation of the historical model.
CEO Mark Major says the 2026 field season follows on from a “higher than average snow fall” in winter.
“This year’s drilling program is designed to support the delivery of a maiden JORC-compliant mineral resource estimate and advance early mine development studies,” Major says.
“The 2025 drilling program validated the high-grade nature of the antimony and gold mineralisation, as well as the extension potential at Zopkhito.
“With the recognition of antimony’s strategic importance increasing globally, we believe Zopkhito has the potential to become a rare and significant European source of this critical mineral.”
Krakatoa Resources is advancing the Zopkhito Project in Georgia, while also exploring for other critical and precious metals in Australia.
Write to Maddison Elliott at Mining.com.au
Images: Krakatoa Resources
