Krakatoa Resources Ltd (ASX:KTA) MD Mark Major tells Proactive the company will focus on systemic exploration of the Mt Clere Rare Earth Element (REE) Project in Western Australia this year. The aim is to increase the resource estimate at Tower deposit and advance regional exploration across the project tenure. KTA has already produced a resource estimate of 101 million tonnes at 840 ppm total rare earth oxides (TREO) for Tower, generated through exploration of just 20% of the project.
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