Krakatoa Hits 5.61m at 3.31g/t Gold and 4.28% Antimony at Georgia Project
Key Takeaways
- The standout intercept from DD26ZOP006 returned 5.61m at 3.31g/t Au and 4.28% Sb in Vein 6, with a peak of 11.65% Sb over 0.81m within the same hole.
- Vein 6 was intersected in every surface hole within this assay batch, confirming spatial continuity across the drilling footprint.
- V50 and V61, both returning high-grade results including 13.75g/t Au over 0.5m and 8.26g/t Au with 7.49% Sb, sit entirely outside the current foreign resource estimate — representing upside not yet captured in any resource figure.
- A previously unrecorded gold-enriched fault zone was identified in DD26ZOP001 and DD26ZOP004, with a peak of 9.8g/t Au over 0.92m.
- Metallurgical test work is scheduled to commence in October 2026, with a third assay batch already at the laboratory, as Krakatoa advances toward a maiden JORC 2012 Mineral Resource Estimate.
Second batch of assays confirms high-grade antimony and gold continuity at Zopkhito
Krakatoa Resources has released a second batch of assay results from its 2026 drilling programme at the Zopkhito Antimony-Gold Project in Georgia, confirming the continuity of high-grade antimony and gold mineralisation across multiple veins. The standout intercept from the batch is 5.61m at 3.31g/t Au and 4.28% Sb from DD26ZOP006 in Vein 6, with peak results of 13.75g/t Au over 0.5m from UG26ZOP015 and 11.65% Sb over 0.81m from DD26ZOP006.
These results follow the first batch of 2026 assays and the 2025 programme, collectively building a consistent pattern of high-grade confirmation across surface diamond drilling and underground core sampling. This is not an isolated finding; it is cumulative validation across three rounds of results, all pointing in the same direction.
Mark Major, CEO
“The latest assays from our 2026 drilling program continue to highlight the antimony and gold mineralisation at Zopkhito, with a standout intercept from the surface drilling in Vein 6 returning 5.61m @ 3.31g/t gold and 4.28% antimony, with higher grades within the interval.”
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Drilling results at a glance — key intercepts from surface and underground
The table below summarises the headline assay intercepts from the second batch, drawn from Table 1 of the ASX announcement.
| Drill Hole | Interval | Au (g/t) | Sb (%) | Vein / Zone |
|---|---|---|---|---|
| DD26ZOP006 | 5.61m from 74.33m | 3.31 | 4.28 | V6 |
| DD26ZOP006 | 0.81m from 76.5m | — | 11.65 | V6 |
| UG26ZOP015 | 0.50m from 3.94m | 13.75 | 2.85 | V50 |
| UG26ZOP012 | 0.27m from 4.69m | 8.26 | 7.49 | V50 |
| DD26ZOP004 | 0.92m from 44.78m | 9.80 | — | Fault zone |
A few points worth highlighting alongside these numbers:
- Vein 6 was intersected in all surface holes within this assay batch, confirming its spatial continuity across the drilling footprint
- V50 and V61, both active in the underground drilling programme, are not included in the current foreign resource estimate and represent incremental upside not yet captured in any resource figure
- A previously unrecorded gold-enriched fault zone was identified within drill holes DD26ZOP001 and DD26ZOP004, with a peak intersection of 9.8g/t Au over 0.92m
Why antimony matters — and why Zopkhito stands out in Europe
Antimony’s growing strategic profile
Antimony is a critical mineral with a strategic footprint that extends well beyond its traditional uses.
The supply picture is what makes the commodity particularly relevant to investors right now. Zopkhito sits in the Caucasus region of Georgia, placing it geographically within Europe’s strategic supply catchment.
What the Zopkhito foreign resource estimate tells us
The historical background at Zopkhito is substantial. The project hosts a foreign resource estimate of 225,000 tonnes at 11.6% Sb for antimony and 7.3 million tonnes at 3.7g/t Au for gold — grades that position it among the higher-grade antimony-gold projects on the continent.
However, investors should be aware of an important qualification: this is a foreign estimate and is not reported in accordance with the JORC Code 2012. A competent person has not done sufficient work to classify it as a Mineral Resource under JORC Code 2012 standards, and it is uncertain that following evaluation and further exploration work the foreign estimate will be able to be reported in accordance with JORC Code 2012. The explicit objective of the 2026 drilling programme is to convert this foreign estimate into a maiden JORC 2012 Mineral Resource Estimate (MRE).
The project’s logistics position also warrants attention. Zopkhito is located approximately 170km from Kutaisi, Georgia’s second largest city, with rail infrastructure connecting to the western Black Sea ports of Poti and Batumi. The pathway to export exists in the ground-level infrastructure already.
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What comes next — the path to a maiden JORC resource
The forward work programme at Zopkhito is structured and progressing across multiple workstreams. The key upcoming milestones are:
The 2026 programme builds directly on the Zopkhito drilling restart announced earlier this year, which re-established surface diamond drilling and underground core sampling across the vein system after a programme gap.
- Third batch of assay results — samples are already at the laboratory, with results pending
- Metallurgical test work commencing in October 2026
- Surface and underground coring continuing, focused on expanding coverage across the vein system
- Environmental baseline studies and permitting activities continuing concurrently
- Overarching programme goal: convert the foreign estimate into a JORC 2012-compliant Mineral Resource Estimate
Building a picture across 60-plus veins
Zopkhito hosts more than 60 known veins. Vein 6 is historically recognised as one of the more mineralised in the system and has now been confirmed in every surface hole drilled in this batch. V50 and V61, both being evaluated through the underground coring programme from Adit 118, sit entirely outside the current foreign resource estimate. Every result from these veins represents upside that has not yet been factored into any resource figure.
CEO Mark Major framed the broader objective clearly: “Each phase of our exploration activity is designed to deliver a maiden JORC resource and confirm the potential of Zopkhito as a rare antimony project in Europe.”
The investment case building here is methodical. Multiple assay batches across two drilling methods — surface diamond drilling and underground core sampling — are returning consistent high-grade results. New mineralised zones are being identified, including a previously unrecorded gold-enriched fault zone. Metallurgical test work is imminent. Each of these elements collectively de-risks the path from foreign estimate to JORC-compliant resource definition, the central milestone on Krakatoa’s current exploration roadmap.
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