Interview with Mark Major, CEO of Krakatoa Resources Ltd.

Our previous interview: https://www.cruxinvestor.com/posts/krakatoa-resources-kta-hopeful-gold-explorer-next-to-australias-largest-gold-mine-323

Recording date: 13th May 2025

Krakatoa Resources (ASX:KTA) is rapidly advancing its Zopkhito antimony-gold project in Georgia, targeting a JORC-compliant resource by early 2026. With antimony increasingly recognized as a critical mineral due to its importance in defense, renewable energy, and industrial sectors—and global supply dominated by China, Russia, and Tajikistan—Krakatoa’s project has drawn investor attention for its strategic potential and high grades.

Originally explored by Soviet geologists, Zopkhito boasts historical grades averaging 11.6% antimony—far above the global average of around 1.3%. CEO Mark Major emphasized the urgency of diversifying antimony supply, noting, "It is not a recyclable element—you use it, you lose it." Krakatoa aims to leverage this exceptional grade and decades of existing data to fast-track validation through a 7,000–10,000 meter drill campaign beginning mid-2025, with JORC-compliant results expected by Q1 2026.

The company plans to raise AUD 2 million, focusing on long-term investors aligned with its vision of transitioning from confirmation to early-stage production within two years. A small-scale antimony concentrate operation is being considered to capitalize on near-term price strength, with gold offering longer-term upside.

Georgia’s supportive mining laws and existing permits at Zopkhito present a significant regulatory advantage. Krakatoa’s strategy—centered on high-grade mineralization, reduced exploration risk, and early cash flow—positions it as a compelling entry point into the critical minerals market. As global powers seek secure antimony supply chains, Krakatoa’s Western-aligned, high-grade asset offers both strategic relevance and economic promise.

View Krakatoa Resources' company profile: https://www.cruxinvestor.com/companies/krakatoa-resources

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