Kairos Minerals (ASX: KAI) reports that geochemical and geophysical surveys completed last year at the Skywell prospect have defined multiple intrusion-related gold targets.
Skywell is part of the company’s Pilbara gold project and is located 50km south of Whim Creek and 70km southwest of the huge Hemi gold discovery made by De Grey Mining (ASX: DEG).
A total of nine new targets have been generated at Skywell, six of them associated with intrusive-style gold mineralisation.
The company says the survey results have generated “Hemi-style” targets at Skywell.
Aircore drilling to begin this quarter
Aircore drilling of these targets at Skywell is planned to begin before the end of June.
In addition, follow-up geochemical sampling program will begin at Skywell once geochemical sampling at its Mt York prospect has been completed.
Executive chairman Terry Topping said he was excited by the identification of the Skywell targets.
“Our 2021 exploration field season is now well and truly stepping up a gear, with activity levels increasing across all of our key projects,” he added.
Mr Topping said the present drill program at Kairos’ other key project, Roe Hills, is going very well.
The Roe Hills gold-cobalt-nickel project is located east of Kalgoorlie and the company reported recently that exploration work had confirmed the potential for significant discoveries of high-grade gold, cobalt and nickel mineralisation there.
The company’s tenure shares a boundary with the emerging Lake Roe gold discovery, owned by Breaker Resources (ASX: BRB).
Drilling sites being prepared at Mt York
Earthmoving will begin at the Mt York and Kangan prospects within the Pilbara project next week to prepare drill sites.
“We expect to see drilling under way at Mt York very soon without our planned 20,000m program,” said Mr Topping.
At the end of April Kairos began a mapping and geochemical sampling program at Mt York aimed at helping new target generation within the project area.
Kairos reports that strong gold-in-soil anomalies from historical geochemical surveys were investigated.
At present, an infill and extensional soil sampling program is being undertaken to better define drilling targets.
Drilling at Mt York is due to begin next week, and by June there will be two reverse circulation rigs on site.