Kairos Minerals Ltd (ASX: KAI) is an Australian exploration company targeting large-scale gold discoveries, in premier Western Australian mining districts.
The Company is actively exploring two 100%-owned project hubs in Western Australia, the Pilbara Gold Project and the Roe Hills Gold-Nickel-Cobalt Project.
In the Pilbara, Kairos’ flagship asset is the advanced Mt York deposit which, together with the nearby Iron Stirrup and Old Faithful deposits, comprise a recently upgraded JORC 2012 Indicated and Inferred Mineral Resource of 14.4Mt at 1.39g/t Au for 643,000oz.
The flagship deposit, Mt York, contains an Indicated and Inferred Resource of 11.3Mt at 1.34g/t Au for 486,000oz. This Resource is hosted within a single deposit that extends over 3.5km of strike, providing the cornerstone of a significant emerging Pilbara gold asset.
The Resource remains open along strike and down-plunge, providing outstanding opportunities to further increase the Resource and target higher-grade mineralisation at depth.
In the Pilbara, Kairos is also targeting conglomerate-hosted gold discoveries within its 1,158 square kilometres of tenure.
The Company’s world-class Pilbara exploration portfolio includes ~100 strike kilometres of prospective lower Fortescue Group rocks including extensive strike lengths of recently discovered gold-bearing conglomerate horizon.
In the Eastern Goldfields region, Kairos is exploring the Roe Hills Project, located 120km east of Kalgoorlie, which comprises an extensive tenement portfolio that is highly prospective for gold, nickel and cobalt discoveries.
Kairos’ exploration strategy is driven by a highly respected, industry-leading technical team focused on achieving significant new mineral discoveries with the potential to generate significant wealth and returns for its shareholders.
This team includes Chairman Terry Topping (Taipan Resources NL, Cauldron Energy Ltd), Technical Director Neil Hutchison (Poseidon Nickel, Jubilee Mines) Technical Manager Steve Vallance (WMC, ACM, Jubilee Mines, Xstrata, Kagara, LionOre), and consulting specialists Dr Nigel Brand, Adrian Black and Bill Amman.