| Announcement Date: | 2022-01-13 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | JORC |
| Company name: | Kairos Minerals Ltd. |
| Project name: | Mt York |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Rock chip samples incl. 4.6g/t Au |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Kairos Minerals Ltd (ASX: KAI; “Kairos” or “the Company”) is pleased to advise that it has identified a significant new greenfields gold target located outside the current Mineral Resource base at its 100%-owned 873,500oz Mt York Gold Project located in the Pilbara region of Western Australia. The Company has received highly encouraging assay results received from rock chip samples collected at the newly-identified Steamboat prospect, with values up to 4.6g/t Au. In addition, the Company has received assay results from five more Reverse Circulation (RC) holes drilled last year at the Mt York Project. Assay results are pending for 23 drill holes. The results from the rock chip sampling and drilling programs are described in more detail below. Steamboat Prospect The first-stage geochemistry sampling program conducted by Kairos geologists and contractors identified a new target area, located approximately 500m south-east of the Old Faithful deposit |
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