25 Nov

Kairos Minerals - AGM Presentation

TERRY TOPPING – EXECUTIVE CHAIRMAN AGM Perth November 2021 Corporate Summary Page: 2 ASX Shares on Issue Options on Issue KAIOG Unlisted Options on Issue Share Price Market Cap 12 - Month Range Cash and liquid assets on hand KAI 1,675M 285M** 248M 2.8cps 47M 1.0 - 9.1c ~$5.1M * * 30 Sept 2021 BOARD OF DIRECTORS Terry Topping Executive Chairman Bruno Seneque Chief Financial Officer Neil Hutchison Non - executive Director ** Options 31 Dec 2021, 2.5cps Fully underwritten for $7.1M ? 13,400 soil samples taken covering over 1,000 - line km. ? 17,980m of RC drilling ? 5,454m of AC drilling Field Exploration 2021 Pilbara West Australia ? Mount York Project ? 873,000 oz gold Resource ? 14,988m of RC completed in 2021 ? Scoping studies initiated (ongoing) ? New targets generated for follow up drilling ? Pilbara Regional Gold Exploration ? 2,026 sq km of tenure in the Pilbara WA ? Recent land increases with a focus on gold and lithium ? 5,454m AC drilling completed at Kangan gold and lithium project. ? Regional Mapping and CSIRO Ultrafine Soil sampling continuing, Hemi target generation ? Roe Hills WA Goldfields ? Prospective strike length of +40km – Gold and Nickel exploration ? RC drilling for 3,000m completed. Page: 3 Page: 3 Australia – Expanded tenure in the Pilbara WA Page: 4 Pilbara Gold Project – 3 Deposits 873,000 ounces Page: 5 Deposit Indicated Inferred Total Tonnes ( kt ) Au (g/t) Ounces ( koz ) Tonnes ( kt ) Au (g/t) Ounces ( koz ) Tonnes ( kt ) Au (g/t) Ounces ( koz ) Mt York 6,844 1.29 284 10,419 1.23 413 17,263 1.26 698 Iron Stirrup 797 1.63 41 843 1.65 45 1,639 1.64 86 Old Faithful 925 1.33 39 1,102 1.41 50 2,027 1.37 89 Total 8,565 1.33 366 12,364 1.28 507 20,929 1.30 873 Note : Numbers may not total due to rounding (1) Resources are constrained by depths determined by a whittle shell that assumed basic economic parameters (2) Mt York comprises of the Breccia Hill, Main Hill and Gossan Hill deposits (3) Resource was previously released to the ASX on 4 March 2020 ? 15 , 000 m of infill and extensional RC drilling completed, designed to expand the current resources and to bring a significant portion of the resources to Indicated and Measured . ? The JORC Mineral Resource will underpin the commencement of open pit mining studies for the Pilbara Gold Project. ? The deposits are adjacent to the Lithium mines held by Pilbara Minerals some 120km south of Port Hedland and 75 south of the 6.8M oz DEG Hemi deposit. Mount York Deposit – best hole recently intersected Page: 6 ? Kairos completed 95 RC drill holes for a total of 14 , 988 m at Mt York deposit . Results have been received from 67 holes to date, with best intercepts including : ? 32 m @ 3 . 79 g/t Au from 124 m in KMYC 128 , including : 16 m @ 6 . 62 g/t Au from 132 m, including : 4 m @ 15 . 7 g/t Au from 144 m ? 36 m @ 1 . 18 g/t Au from 124 m in KMYC 127 ? 8 m @ 1 . 45 g/t Au from 104 m in KMYC 130 ? 20 m at 1 . 58 g/t from 28 m in KYMC 141 Pilbara Regional - Hemi style intrusive related gold targets Page: 7 Kangan Project – 5,000m AC just 20km from Hemi discovery Page: 8 ? 5,545m of AC completed following a detailed review of 2020 work utilising CSIRO Ultrafine Geochem has highlighted numerous Intrusive Related Gold targets. ? More detailed Geochem has been completed during 2021 ? Heritage surveys for follow up RC and further AC drilling on track. ? Follow up AC drilling underwa y . Kangan Project – new gold target for follow up AC drilling Page: 9 Wodgina Airport Kangan Project – new lithium pegmatite targets Page: 10 Wodgina Project – Significant unlocked Lithium potential Page: 11 ? Located between the Wodgina Tantalum Mine and Pilgangoora Lithium Mine, 100km south of Port Hedland. ? A new 1.7km long target area was defined by coherent and robust LCT anomalies, with values of up to 238ppm Li, 293ppm Cs and 78ppb Ta returned from Ultrafine+ ™ soil analysis . Skywell Project – large Intrusive Related gold potential Page: 12 Skywell Project – large Intrusive Related gold potential Page: 13 KAIROS MINERALS (ASX:KAI) – Key milestones Page: 14 ? The Company has remained focussed exploration over the last 4 years in the Pilbara and Goldfields of West Australia. ? Strong cash balance of $ 5.31M at 30 September 2021 ? $7.1M fully underwritten options due 31 December 2021 ? 873,000 oz Resource and mining studies underway at Mount York. ? 17,980m RC program completed in 2021 at Mount York and Roe Hills. ? Over 13,400 soil samples collected in 2021 over 1,000 - line km for new CSIRO Ultrafine analysis . ? 5,454m of AC drilling completed at Kangan. ? $US gold price of $US 1790/ oz. ? Market Capitalisation of $51 million
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