Vast Number Of Assays Expected In Coming Weeks
Kairos Minerals Ltd (ASX: KAI) is continuing to accelerate exploration activities across its 100%-owned Pilbara Gold Project, with samples from around 15,000m of Reverse Circulation (RC) and air-core (AC) drilling now in the laboratory awaiting assay.
An initial air-core (AC) drilling program has recently been completed at the Kangan Project, located 70km south of Port Hedland. The programme comprised 133 holes for 5,454m and was designed to test a sizeable anomalous gold target adjacent to major structures identified from aeromagnetic and soil geochemistry data.
At the Mount York Project, the current RC drilling programme continues to make excellent progress with a track-mounted rig from Orlando Drilling on site to complete drill holes at more complex locations. A total of 73 drill holes were completed for 10,219m were completed up until the 22nd of July.
At the Wodgina Project, a major Ultrafine+ soil sampling programme and airborne magnetic and radiometric survey programs have been completed to assist with target generation.
The Wodgina Project area, which is located immediately next to Mineral Resources’ Tier-1 Wodgina Lithium Project, is prospective for lithium-tantalum mineralisation as well as for intrusion-related gold mineralisation from the margins of the Sisters Supersuite intrusion mapped in the area.
Executive Chairman, Terry Topping, saida fixed loop transient electro-magnetic (FLTEM) survey was completed at the Tierra Prospect, part of the Croydon Project. The three-day survey was designed to follow up some highly encouraging results from a SAM survey conducted last year which identified a large conductive body.
“Our 2021 field season in the Pilbara is now about to move into top gear,” Mr Topping said.
“With the rapid progress of RC drilling at Mt York and air-core drilling at Kangan, we now have around 2,200 RC samples and 1,350 AC samples in the lab – equivalent to some 15,000m of drilling in total. Investors can therefore look forward to what is shaping up as an avalanche of news-flow from Kairos as results continue to flow through over the next two to three months.
“We have started to receive results from the major RC program underway at Mt York, and we are pleased to see some impressive broad zones of strong gold mineralisation in the initial assays from the Old Faithful prospect. We expect to see a lot more coming from this program in the weeks ahead.
“On other fronts, we have also just completed a 5,000m air-core programme to test the large gold target Kangan. Visually, the program has intersected some very interesting geology including multiple intrusive lithologies, mafic intrusions and a large amount of pegmatite. We are looking forward to seeing the results.
“At our Wodgina Project, next door to Mineral Resources’ world-class Wodgina lithium deposit, we have completed a magnetic and radiometric survey in conjunction with Ultrafine+ soil sampling to generate targets. And at the Tierra prospect at Croydon, we have identified a large conductive body which is shaping up as an exciting target. The focus of exploration will now shift to Skywell, where our new camp has been set up.”
Kairos has set up an exploration camp at Skywell Project, with initial mapping, rock chip and soil sampling programs now underway.
For further information please visit: https://www.kairosminerals.com.au/
