For thousands of other reports visit RSC's Mineral Intellingence Map
Kairos Minerals Ltd.
Summary
| Project: | Roe Hills | |
|---|---|---|
| Deposit: | Terra | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-2-2017: Kairos Minerals Ltd. announces an Exploration/Drilling Update report for its Terra deposit at the Roe Hills project. Drilling results incl. 23m @ 1.39g/t Au from 79m. Kairos Minerals Ltd (ASX: KAI; “Kairos” or “the Company”) is pleased to advis | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steve Vallance (Internal) | |
| ABSTRACT: | Kairos Minerals Ltd (ASX: KAI; “Kairos” or “the Company”) is pleased to advise that drilling has intersected thick zones of gold mineralisation in its maiden drilling program at the 100%-owned Roe Hills Gold Project, located 120km east-southeast of Kalgoorlie in Western Australia. Initial assay results have been received for wide-spaced reconnaissance drilling at the Terra Trend, with grades of up to 14.6g/t Au returned within thick gold zones well beyond historical drill intercepts (Figure 2). The results are considered to be highly encouraging for first-pass reconnaissance drilling. Together with significant intercepts from historical drilling, they confirm that the Terra Trend comprises an extensive gold corridor with mineralisation now intersected over a total strike length of ~2km. The results from the Terra Trend represent the first assay results received from the Company’s maiden gold drilling program at Roe Hills providing strong encouragement for the remainder of the current drilling program and for the ongoing assessment of the gold potential of the broader project area. A total of 19 Reverse Circulation (RC) holes for 3,422m and 4 diamond cored holes for 695m have been completed to date for a total combined meterage of 4,117metres (refer to Table 1). Phase 1 drilling has now been completed to allow for receipt of all outstanding assay data and a full evaluation of results achieved to date, prior to re-commencing in April 2017. Assays for the remaining holes will be reported as they are received and processed. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report