News Articles for Krakatoa Resources

Askari Metals' latest auger drilling campaign has revealed encouraging total rare earth oxides hits as high as 4505ppm at its 100 per cent-owned Red Peak project in Western Australia's Gascoyne region. It comes just a week after its neighbour Krakatoa Resources set the ASX alight with a 130 per cent share price jump after it discovered a new niobium-rare earths target.

This week's Bulls N' Bears Runner of the Week is … Krakatoa Resources. Its share price jumped 130 per cent on a Meekatharra niobium find to join fellow movers and shakers Adisyn, Canterbury Resources and Pivotal Metals.

This week's Bulls N' Bears profiled ASX runner is … Imugene. Its share price jumped more than 212 per cent to join other impressive companies including Krakatoa Resources, TechGen Metals and GreenTech Metals.

Everest Metals Corporation will keep the drillbit spinning after delivering more high-grade rubidium and lithium results at its Mt Edon project near Paynes Find in Western Australia's Mid West region. New drill results show up to 0.51 per cent rubidium oxide and 0.94 per cent lithium oxide, with an 80m hit at 0.32 per cent rubidium oxide and 0.11 per cent lithium oxide from 25m.

Using hyperspectral imagery, Askari Metals has identified numerous rare earth element targets at the company's Red Peak pegmatite project located on the border of WA's Gascoyne region. The news builds upon lithium-focused sampling completed by the company in January that revealed several areas highly anomalous in a suite of rare earths including lanthanum, cerium, praseodymium, neodymium and europium.

After setting out in search of lithium and gold, Kula Gold fired a second volley of auger holes into its Rankin Dome project in WA's Southern Cross region and struck a welcome cluster of rare earth elements. The program uncovered some impressive results across the tenure with 70 per cent of the 375 samples registering more than 115ppm total rare earth elements with two samples peaking at 1080ppm.

Our board moves wrap includes Susan Kilsby, Shriti Vadera, John Prineas, John Dawson, Simon Trevisan, Malcolm Castle, Sam Lancuba, Mark Major, Joe Graziano, Tim Slate, Matthew Foy, Gary Greenbaum, Rahul Agarwal, Steve Elfman, Terry Walsh, Sam Wright, Douglas Jendry, Peter Stickland, and Graham Dore.

A summary of the smaller deals from last week, which may not have been included in our daily news coverage.

A summary of the smaller deals from last week, which did not get included in our daily news coverage.

Krakatoa Resources has announced a capital raising $275,000 by way of a placement at 2.2 cents a share.

Westgold Resources Limited is pleased to advise that completion of the sale of the South Kalgoorlie Operations (SKO) to Northern Star Resources Limited as announced on 8 March 2018 occurred on 29 M

Shares in Perth-based explorer Krakatoa Resources have soared on the back of the company signing a strategic alliance with Indonesian iron ore miner Sitasa Group.