Krakatoa Resources has announced the results of its initial drilling programme at the Zopkhito Antimony-Gold Project in Georgia in eastern Europe’s Caucasus region.
The programme, conducted in late 2025, involved 15 surface diamond holes and 18 short core sampling holes from within Adit 80.
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The assays confirmed the presence of high-grade antimony and gold mineralisation, extending beyond historical sampling areas.
The project, located approximately 170km from the city of Kutaisi, benefits from Georgia’s mining framework and infrastructure, with rail links to Black Sea ports.
Significant results from the drilling include high-grade gold and antimony intersections from both surface and underground programmes.
Surface drilling at DD25ZOP007 identified an 8m interval with an average gold concentration of 14.1 grams per tonne (g/t), starting from 8m.
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By GlobalDataThis includes a 1.5m section with a higher gold concentration of 38.5g/t, beginning at 13m.
There was a 3m segment with 1.48% antimony, starting from 10m.
Additionally, drilling at DD25ZOP011 revealed a 7m section with an average of 3g/t of gold, starting from a depth of 66.86m.
Within this section, there was a 1m interval with a higher concentration of 15.9g/t of gold, beginning at 67.86m, which also included 1m at 0.47% antimony.
Krakatoa Resources CEO Mark Major said: “These results from the maiden exploration programme have strengthened our resolve on the prospectivity of this deposit. The objective during 2025 was to test the high-grade narrow vein system in several areas between the historic adits.
“Areas which had been classified for mining under their mining code. We successfully hit veins in the areas we targeted, supporting some of the predicted vein and mineralisation trends established during the Soviet era of exploration.”
The project is strategically important as antimony is a critical mineral for energy storage and defence applications, with 90% of global supply controlled by China.
Zopkhito’s location offers direct exposure to European markets.
Looking ahead, Krakatoa plans further exploration in 2026, including additional drilling and metallurgical test work.
