The advanced Mt York Project, which forms part of Kairos’ 100%-owned Pilbara Gold Project, is located ~100km south-east of Port Hedland. The project comprises three separate gold deposits – Mt York, Iron Stirrup and Old Faithful.
On 4 March 2020, Kairos announced an updated Indicated and Inferred Mineral Resource Estimate for these three centrally located deposits comprising:
- 9million tonnes at 1.3g/t gold for 873,500 ounces of contained gold
This includes a Mineral Resource Estimate for the Mt York deposit of 17.2 million tonnes at 1.26g/t gold for 697,700oz of contained gold.
Each of the deposits remains open both along strike and at depth, providing opportunities to further increase the Mineral Resource.
The updated Mineral Resource will underpin the commencement of open pit mining studies for the Pilbara Gold Project, to be undertaken in parallel with ongoing exploration activities for intrusive-hosted gold.