Krakatoa Resources (ASX: KTA) - Hopeful Gold Explorer Next To Australia's Largest Gold Mine
Matthew Gordon, Ptolemy Capital
8 Months ago
Combining gold, copper, and rare earths is certainly an interesting concoction.
Krakatoa Resources: a copper-gold and rare earths exploration company that is focussing on fresh copper-gold porphyry discoveries in the Lachlan Fold Belt of New South Wales, Australia. The two core projects? The Turon Gold Project and the Belgravia Porphyry Project.
The company is on the doorstep of Australia's largest gold mine: Cadia, owned by Newcrest Mining Limited (ASX: NCM). However, does this gold explorer have anything else going for itself that would inspire investor confidence? Gold investors will need to decide for themselves.
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