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Krakatoa sees opportunity for re-rate following Loader discovery

Krakatoa sees opportunity for re-rate following Loader discovery

Krakatoa Resources Ltd (ASX:KTA) chairman Colin Locke tells Proactive the company is on a winning streak at its King Tamba Project, 80 kilometres northwest of Mount Magnet in Western Australia's Mid-West, with the further discovery of lithium up to 2.92% Li2O. The newly-discovered Loader prospect, defined from the second phase of King Tamba’s extensive rock sampling program, is 125 metres southeast of the Wilsons Prospect, where rock chips sampled earlier this month returned up to 4.3% Li2O.