Krakatoa Resources Ltd. (AU:KTA) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Krakatoa Resources Ltd. has announced the discovery of two significant gravity anomalies at the Stone Tank prospect within the Mt Clere Project, which suggest the presence of potential intrusive bodies, possibly rich carbonatite systems. The anomalies, identified through a detailed ground gravity survey, will be the focus of a planned soil sampling program and potential exploratory drilling. These findings have heightened expectations for the discovery of alkali intrusive systems in the region.
For further insights into AU:KTA stock, check out TipRanks’ Stock Analysis page.