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Project: | Pilbara | |
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Deposit: | Pilbara | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 3/4/2020 | |
Report Code: | JORC | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 4-3-2020: Kairos Minerals Ltd. announces a Resource Estimation report for its Pilbara deposit at the Pilbara project. Updated Mineral Resource Estimate for the Pilbara Project. Kairos Minerals Ltd (ASX: KAI) (“Kairos” or the “Company”) is pleased to annou | |
Resources: | (Resources, I+I): 20.9Mt @ 1.3g/t Au (873koz Au) | |
CP/QP: | [Resources]: Richard Maddocks, Terry Topping (Aurelia Mining Consultants;Internal) | |
ABSTRACT: | Kairos Minerals Ltd (ASX: KAI) (“Kairos” or the “Company”) is pleased to announce an updated Mineral Resource for its 100%-owned Pilbara Gold Project in the north-west of WA (Table 1, Figure 1 & Figure 3). Following an extensive review of existing data, including the results from the latest drilling program over the Mt York Deposit and with the application of new parameters, the new global Indicated and Inferred Mineral Resource for the centrally located Mt York, Iron Stirrup and Old Faithful deposits brings the Global Mineral Resource estimate at the Pilbara Gold Project to: • 20.9 million tonnes at 1.30g/t for 873,500 ounces of contained gold, confirming that it is emerging as a significant new WA gold project. The updated Indicated and Inferred Global Mineral Resource estimate for the Mt York Gold Deposit is: • 17.2 million tonnes at 1.26g/t for 697,700 ounces of contained gold, which was previously comprised of three distinct deposits: Main Hill, Breccia Hill and Gossan Hill. Technical work on the Mineral Resources was completed by independent consultants Auralia Mining Consulting, Perth WA. The updated Mineral Resource was based on an extensive review of all Project data that included: | |
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