Kairos Minerals Identifies Major Nickel-Copper And Gold Targets
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Kairos Minerals Identifies Major Nickel-Copper And Gold Targets

byThe Assay
5 years ago
Reading Time: 2 mins read
Kairos Minerals Identifies Major Nickel-Copper And Gold Targets

One Km Plus Anomaly Outlined At Roe Hills Project

Kairos Minerals Ltd (ASX: KAI) has identified an extensive new nickel-copper and gold targets at its 100%-owned Roe Hills Project, located east of Kalgoorlie in Western Australia.

 The targets were identified following receipt of results from a recent successful geochemical sampling programme, where 2,221 soil samples were collected and submitted for Ultrafine+ analysis at Labwest Laboratory in Perth.

The new ~1km long target area was defined by coherent and robust nickel-copper anomalies, with values of up to 3,120ppm Ni and 403ppm Cu returned from Ultrafine+ soil with coincident elevated gold, platinum, and palladium.

Executive Chairman, Terry Topping, said minimal historical exploration has been carried out within this target area with only one historical hole drilled where it could be the footwall of the mineralized feature. In addition, the soil geochemical program has defined possible extensions of the gold mineralisation at the Caliburn prospect.

“The identification of these extensive nickel-copper and gold targets are a very exciting development which stems from our ongoing collaboration with the CSIRO in utilising their proprietary Ultrafine+ geochemical sampling technique,” Mr Topping said.

 “It’s rare to see such a large, strong and coherent nickel-copper and gold target from geochemical sampling and this represents a compelling drill target in a completely unexplored area 1.4km south of our Talc Lake nickel prospect, where recent drilling has encountered nickel sulphides.

“The Caliburn prospect continues to grow as a gold target with this new geochemistry adding to the recent RC drilling results released to ASX in July. This area is now a priority target for further RC drilling in the coming months.”

For further information please visit: https://www.kairosminerals.com.au/

Tags: ASX:KAICopperExplorationGoldNickelWestern Australia
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