Rig Now Mobilising To Mt York Gold Project In Pilbara
Kairos Minerals Ltd (ASX: KAI) has successfully completed a reverse circulation (RC) drilling programme at its 100%-owned Roe Hills Project, located east of Kalgoorlie in Western Australia.
The drill programme comprised 20 holes for 2,992m testing high-priority gold and nickel targets at the Caliburn, Talc Lake and Black Cat prospects.
Kairos completed 10 holes for 1,149m at the Caliburn Prospect, four holes for 942m at the Talc Lake Prospect and six holes for 901m at the Black Cat Prospect.
All the samples from the drilling were submitted to Intertek Laboratories for gold and multi-element analysis, with assay results are expected in six to seven weeks.
Drilling at Caliburn and Talc Lake returned some broad visual zones of silica-carbonate and epidote alteration, with hole RHRC115 at Talc Lake returning two metres of significant nickel sulphides from 99m. The hole targeted the up-plunge position of historical diamond drill intercepts, including 1m @ 3.53% nickel from 155m. This hole was also designed to test the basal ultramafic unit and was drilled down to 261m. Consequently, the hole was PVC cased and is awaiting a down-hole transient electromagnetic (DHTEM) survey that is expected to be conducted in two weeks’ time.
Drilling at the Black Cat prospect was designed to test a consistent 1.1km long gold-in-soils anomaly defined from Kairos’ 2020 geochemistry programme. Hole RHRC120 intercepted a broad zone of sulphides from 99m, with significant sulphides content from 99m to 116m and from 146m to 154m.
An Ultrafine+ soil sampling programme is advancing at the Roe Hills project, with approximately 1,200 samples already submitted to Labwest in Perth.
The Ultrafine+ soil sampling technique has been developed by CSIRO to explore areas under transported cover, and it is expected that this technique will allow the Company to detect geochemical anomalies over the margins of the salt lakes.
Mt York Project
Executive Chairman, Terry Topping, said that following the completion of the Roe Hills drilling programme, the drill rig is now mobilising to the Pilbara region to commence a 20,000m drilling program at the Mt York Gold Project, where current Mineral Resources stand at 873,000 ounces of gold. Drilling at Mt York project is due to start next week, with two RC rigs expected to be on-site next week.
“We’re really excited to now have this drilling program complete, with the results expected to provide an important assessment of the high-priority gold and nickel targets at Roe Hills,” Mr Topping said.
“We expect to receive assay results within the next six to seven weeks, however visual analysis of the RC chips indicates plenty of exciting potential, particularly at the Black Cat Prospect where we can see broad zones of significant sulphides.
“We’re also looking forward to results from the ongoing Ultrafine+ soil sampling program being conducted in partnership with the CSIRO, which has the potential to identify geochemical anomalies under areas of transported cover.
“With the current phase of drilling at Roe Hills now complete, the rig is now en route to the Pilbara region to commence drilling at our 873koz Mt York Gold Project to support ongoing mining studies.”
