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.
The Eastern Goldfields is a world-class gold province that has produced in excess of 130Moz of gold with more than 20 deposits containing >1Moz Au (Wyche et al 2012).
The Company’s tenure comprises a total area of 324km2 and secures a 40km continuous strike length of the interpreted southern extensions of the highly prospective Leonora-Laverton greenstone belts which is a major gold bearing terrane in WA.
The project area is flanked by Silver Lake Resources’ Mt Monger/Randalls Gold Operations to the west and the Aldiss Gold Project to the immediate east (9.342Mt @ 5.5g/t for 1.648Moz Au; 11.481Mt @ 2.4g/t for 869,400 oz Au and 6.852 Mt @ 2.2g/t for 473,700 oz Au respectively) (Silver Lake Annual Report Dec 2015).
Drilling programs conducted at the Roe Hills Project have confirmed the presence of high-grade mineralisation across multiple prospects, with numerous high-quality targets still to be tested.
The results received to date indicate the Project has the potential to host significant gold mineralisation along a largely untested strike length of more than 40km along the Aldiss Fault system.
In addition to its exciting gold potential, the Roe Hills Project also shows compelling discovery opportunities for cobalt and nickel.
A review of historical drill data completed in 2017 identified potentially significant cobalt mineralisation within an extended geochemically anomalous footprint at the ROE-1 prospect, including an historical high-grade cobalt intercept of 14m @ 0.39% Co from 20m, including 2m @ 1.16% Co from 20m.
Cobalt mineralisation at ROE-1 (>0.05% Co) extends over a strike length of at least 330m, a width of at least 150m and a thickness in excess of 8m. Importantly, this zone occurs within a broader area of cobalt anomalism which can be traced over a strike length of at least 7.5km and which remains open in all directions.
Previous exploration by Kairos has also demonstrated strong potential for Kambalda-style – Komatiite/Ultramafic Hosted primary and structurally re-mobilised high grade massive nickel sulphide mineralisation.
A series of drilling programs are planned for 2018 to further assess the Project’s exciting exploration potential.