Makes Strategic Licence Applications Covering 480 Sq. Km
Kairos Minerals Ltd (ASX: KAI) has further expanded its 100%-owned Pilbara Gold Project in Western Australia after securing a strategic tenement package that is prospective for both intrusive-related gold and lithium discoveries.
Kairos’ Executive Chairman, Terry Topping, said the newly named Rocklea Project comprises two new Exploration Licence Applications (E45/5960 and E45/5961), and one new Exploration Licence Application (E45/6018) was added to the existing Lalla Rookh project.
“This is an exciting addition to our Pilbara Gold Project, which already encompasses a very large and strategic footprint in this Tier-1 mining and exploration district,” Mr Topping said.
“The new licence applications will increase our overall ground-holdings by 30% to over 2,000 square kilometres, making us one of the largest land-holders in the central and east Pilbara with ground situated across a number of important strategic geological structures.
“The new Exploration Licences covering the Rocklea and Lalla Rookh Projects are highly prospective for both Hemi-style, intrusive-related gold discoveries and LCT-style pegmatite lithium discoveries.
“This is another demonstration of our commitment as a long-term strategic explorer in the Pilbara region and further strengthens our deep pipeline of exploration opportunities. We look forward to the commencement of initial exploration activities including an airborne magnetic and radiometric survey.”
Rocklea Project (E45/5960 and E45/5961)
The two Exploration Licence Applications cover mainly the granitic rocks of the Sisters Supersuite intrusion, which is displaced by a significant northwest-southeast fault zone. The Sister Supersuite rocks intrude older Archaean units and are prospective for LCT pegmatites and intrusion-related gold mineralisation.
In the north-west portion of the project area, volcanic rocks of the Warrawoona Group and BIFs from the Clearverville Formation are mapped by GSWA. These units host the Highway Nickel-Copper-Cobalt project and the Mt Goldsworthy Iron Ore project (ASX:BHP), located Northwest and West of the project area, respectively. Previous exploration on these licence areas has been minimal.
Lalla Rookh Project (E45/6018)
This Exploration Licence Application covers the paleoarchaean rocks of the Cleland and Callina supersuites primarily. Ultramafic rocks are mapped within the E45/6018 and are prospective for gold and base metals mineralisation.
The Lalla Rookh historic gold mine sits approximately 2km south of the new tenement area. The other three tenements of the Lalla Rookh project host rocks of the Sisters Supersuite and Split Rock Supersuite intrusions and are prospective for both LCT pegmatites and intrusion-related gold mineralisation.
A 4km buffer zone was created around these most recent intrusions to prioritise the next phase of LCT pegmatite exploration.
• Airborne Magnetic and Radiometric survey over the new exploration license applications.
• Next-phase RC drilling programme at Mt York project.
• Geochemistry sampling results from Mt York, Wodgina, Kangan, Skywell and Croydon Projects.
• Additional heritage surveys at Mt York, Kangan and Skywell Projects.
• Assay results from the Mt York RC drilling.
• Assay results from the Kangan AC drilling.
For further information please visit: https://www.kairosminerals.com.au/