Krakatoa Resources Limited announced the commencement of the resource drilling at the Tower REE prospect; at its wholly owned Mt Clere project located in the north-western margins of the Yilgarn Craton, Western Australia. The work program consists of around 3,000 meters of air-core (AC) drilling, which is fast and relatively cheap. Systematic drilling over the Tower prospect will assist with future resource estimation work.

After which step-out opportunistic drilling over the Tower west prospect in conjunction with additional reconnaissance exploration will also assist with resource development (Figure 2). The drilling program is expected to be completed within three to four weeks. The Company is planning additional reconnaissance drilling of other highly prospective IAC REE targets such as the DEW area, when a more portable drill rig becomes available and regulatory permits and access is granted.

This program will include drilling the downslope areas of the hard capped breakaways (upper erosional areas), where it is believed the mineralisation may extend below these and have less unmineralised cover, with REE mineralisation being closer to surface. The company is still in the process of completing the initial metallurgical leach test work at ANSTO.