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Krakatoa to expand Dalgaranga lithium project via 2 new license applications

Krakatoa Resources Ltd. said Oct. 4 that it lodged two new prospecting license applications to Western Australia's Department of Mines, Industry Regulation and Safety.

The new license applications cover a total of 322 hectares and will extend the project area of Krakatoa's Dalgaranga lithium project in the state by 300% to 430 hectares if granted.

Krakatoa is confident that the applications will be granted, based on talks with its tenement advisors, and the company plans to start a program of geological mapping and collation of all available historical exploration data on the new project area after the applications are approved.