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Kairos Minerals Ltd.
Summary
| Project: | Roe Hills | |
|---|---|---|
| Deposit: | Terra, Lady of the Lake, Talc Lake | |
| Location: | Australia | |
| Commodities: | Gold-Nickel-Cobalt | |
| Date: | 4/6/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-4-2017: Kairos Minerals Ltd. announces an Exploration/Drilling Update report for its Terra, Lady of the Lake, Talc Lake deposit at the Roe Hills project. Drilling results incl. 3.78m @ 4.08g/t Au from 125.4m. Kairos Minerals Ltd (ASX: KAI; “Kairos” or “ | |
| 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 intersected significant gold mineralisation across all three key prospects tested as part of its recently completed maiden drill program at the 100%-owned Roe Hills Gold-Nickel Project, located 120km south-east of Kalgoorlie in Western Australia (see Figures 1 and 2). Final assays have confirmed the outstanding gold exploration potential of this emerging project. The maiden gold drilling program comprised 19 reconnaissance Reverse Circulation (RC) holes for 3,422m and four diamond holes for 695m with a combined Project total of 4,117m. The outstanding results achieved have identified numerous high priority targets for immediate follow-up drilling. Achieving early success from wide-spaced, reconnaissance drilling – and follow up of historical drill results targeting the highly prospective but largely untested stratigraphy at Roe Hills – has confirmed Kairos’ view that the Roe Hills Project represents an outstanding greenfields gold exploration opportunity. Given its proximity to Breaker Resources (ASX: BRB) emerging Lake Roe gold discovery some 10km to the north of Kairos’ project boundary, and its favourable geological location along the regionally important Aldiss Fault, Kairos intends to pursue ongoing exploration of this exciting project as a priority. | |
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