Kairos Minerals (ASX: KAI) is a diversified West Australian-based exploration company which holds one of the largest and most prospective strategic landholdings in the emerging Pilbara gold province.
The Company’s 100%-owned Pilbara Gold Project offers outstanding potential for the discovery of intrusive-hosted gold systems, similar to De Grey Mining’s nearby world-class Hemi discovery.
The Pilbara Gold Project also includes a recently-upgraded 873,500oz JORC Mineral Resource across three key deposits located adjacent to the world-class Pilgangoora lithium mining complex, 100km south-east of Port Hedland. Mining studies are underway to evaluate how best way to extract value from this significant asset.
A multi-pronged exploration program comprising mapping, sampling, geophysics, air-core drilling and up to 10,000 metres of Reverse Circulation drilling is underway in the second half of 2020 to test extensive new gold targets at the Croydon, Kangan and Skywell Projects, and to identify extensions to existing resources at Mt York.
In addition to the Pilbara Gold Project, Kairos also holds the 100%-owned Roe Hills Project, located 120km east of Kalgoorlie in WA’s Eastern Goldfields, which includes an extensive exploration portfolio which is highly prospective for gold, nickel and cobalt discoveries.
Pilbara Gold Project
INTRUSIVE-HOSTED GOLD EXPLORATION
Kairos holds 1,326 sq km of tenure at the epicentre of the Pilbara gold rush, with outstanding potential for the discovery of intrusive-hosted gold deposits similar to De Grey Mining’s nearby world-class Hemi discovery. A review of Kairos’ regional portfolio indicates numerous targets for Hemi-style gold mineralisation, including an 8km long high-tenor gold-in-soil anomaly at the Fuego Prospect and the Tierra Prospect (Croydon Project), the Skywell Project and the Kangan Project.
MT YORK PROJECT
In the Pilbara, Kairos holds the advanced Mt York deposit, ~100km south-east of Port Hedland. Together with the nearby Iron Stirrup and Old Faithful deposits, these deposits host a total Resource base of 873,000 ounces of gold, with mining studies now underway.
Kairos’ 100%-owned Roe Hills Project is located 120km east of Kalgoorlie in the Eastern Goldfields region of Western Australia. The Project comprises an extensive tenement portfolio that is highly prospective for gold, nickel and cobalt discoveries.