Kairos Minerals Limited (ASX:KAI)
Kairos Minerals Ltd (ASX:KAI) is an Australian exploration company targeting large-scale gold discoveries in Western Australias premier mining districts.
The Companys core focus is on the 100%-owned Pilbara Gold Project, where it holds a large and highly-prospective landholding at the heart of the rapidly emerging Pilbara gold district. Exploration is focused on the potential for intrusive-hosted gold deposits, similar to the nearby Hemi discovery owned by De Grey Mining (ASX:DEG).
Also in the Pilbara, Kairos holds the advanced Mt York deposit which, together with the nearby Iron Stirrup and Old Faithful deposits, hosts a recently upgraded JORC 2012 Indicated and Inferred Mineral Resource. This updated Mineral Resource sets a strong foundation for the Company to begin mining studies on the Pilbara Gold Project to evaluate the best way to extract value from this significant asset.
In the Eastern Goldfields region, Kairos is exploring the Roe Hills Project, located 120km east of Kalgoorlie, which comprises an extensive tenement portfolio that is highly prospective for gold, nickel and cobalt discoveries.