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Kairos Minerals Ltd.
Summary
| Project: | Roe Hills | |
|---|---|---|
| Deposit: | Lingering Kiss | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/26/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-6-2018: Kairos Minerals Ltd. announces an Exploration/Drilling Update report for its Lingering Kiss deposit at the Roe Hills project. Drilling results incl. 9m @ 2.29g/t Au from 123m. Kairos Minerals Ltd (ASX: KAI; “Kairos” or “the Company”) is pleased | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steve Vallance (Internal) | |
| ABSTRACT: | Kairos Minerals Ltd (ASX: KAI; “Kairos” or “the Company”) is pleased to advise that it has confirmed the potential for multiple emerging gold discoveries at its 100%-owned Roe Hills Gold-Nickel-Cobalt Project, located 120km east of Kalgoorlie in Western Australia (Figure 1), with final assays from drilling completed earlier this year confirming widespread shallow gold mineralisation over multiple prospect areas. Kairos Executive Chairman Terry Topping said Roe Hills was continuing to emerge as a substantial greenfields gold project, with multiple shallow gold discoveries across an extensive 40km strike length. “To put this in perspective, we have only drilled 13,000m in four relatively limited drill campaigns,” he said. “Given the scale of the project, we have barely scratched the surface from a drilling perspective and yet we have confirmed significant gold mineralistation at four prospects which are ready for immediate resource drilling as well as numerous other targets that require immediate follow-up,” he added. “Plus, we have recently completed a major re-interpretation of the geology, geophysics and geochemistry of the entire Roe Hills belt. This has allowed us to identify a whole new generation of drill-ready targets which we believe to be analogous to some of the major deposits in the region – such as Karonie, French Kiss and Lake Roe/Bombora.” | |
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