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Kairos Minerals Ltd.
Summary
| Project: | Roe Hills | |
|---|---|---|
| Deposit: | Terra, Caliburn | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/28/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-3-2018: Kairos Minerals Ltd. announces an Exploration/Drilling Update report for its Terra, Caliburn deposit at the Roe Hills project. Drilling results incl. 54m @ 0.74g/t Au from 10m. Kairos Minerals Ltd (ASX: KAI; “Kairos” or “the Company”) is please | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steve Vallance (Internal) | |
| ABSTRACT: | Kairos Minerals Ltd (ASX: KAI; “Kairos” or “the Company”) is pleased to announce strong assay results from the new drilling program at its 100%-owned Roe Hills Project, located 120km east of Kalgoorlie in Western Australia. The latest intersections include. Kairos Executive Chairman Terry Topping said the first results from the 2018 drilling program were highly promising because they provided more strong evidence of the shallow and widespread gold distribution at Roe Hills. “We are continuing to find more gold with every drilling program,” Mr Topping said. “But we are also gaining an increased understanding of the geology, which is central to our campaign to establish a maiden gold Resource. “The results from the remainder of this program will play an important role in enabling us to prioritise the targets and further determine a clear strategy for focussing our ongoing exploration efforts and delineating maiden gold resources for the project.” In addition to the current drilling campaign, Kairos is undertaking a detailed review of the structural framework of the entire Roe Hills Project area to assist with targeting of key gold-bearing structures, particularly in areas where the prospective basement geology is obscured beneath transported cover. The review includes an assessment of existing detailed aeromagnetic and gravity data, with follow-up over key areas including 3D IP surveys to provide better definition of basement lithologies, structures and zones of alteration. | |
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