Kairos Minerals identifies major new targets at Roe Hills gold-cobalt-nickel project

Kairos Minerals ASX KAI new targets Roe Hills gold cobalt nickel project
Soil samples from Kairos’ WA project have unveiled a 1km long target area near the Talc Lake prospect.

Perth-based explorer Kairos Minerals (ASX: KAI) has identified major nickel-copper and gold targets from a soil geochemistry program at its wholly-owned Roe Hills gold-cobalt-nickel project, east of Kalgoorlie in Western Australia.

A series of “highly encouraging” assays from 2,221 soil samples collected from the project tenure has unveiled a new target area measuring 1km in length, near to the Talc Lake prospect.

Coherent and robust nickel-copper anomalies registered values of up to 3,120 parts per million nickel and 403ppm copper with coincident levels of elevated gold, platinum, and palladium.

Minimal historical exploration has been carried out within the target area with only one historical hole drilled at the footwall of the mineralised feature.

Caliburn extensions

Kairos’ soil sampling program also identified possible extensions of gold mineralisation at the Caliburn prospect, located towards the southern end of the Roe Hills tenure just north of Talc Lake.

A new anomalous area has been defined to the southeast of the current mineralised strike, where no previous drilling has been conducted.

In July, Kairos completed 10 holes for 1,149m at Caliburn, carried out along four sections spaced 40m apart with drill holes on three of the sections returning mineralised intercepts.

Significant results from that round of drilling were 8m at 1.32 grams per tonne gold from 32m including 4m at 2.29g/t from 36m; and 8m at 1.29g/t gold from 56m, including 5m at 1.85g/t from 58m.

Also returned were assays of 15m at 0.81g/t gold from 44m including 4m at 2.07g/t from 52m; and 16m at 1.27g/t gold from 80m, including 4m at 3.17g/t from 84m.

Exciting development

Kairos executive chairman Terry Topping said the soil sampling results were an “exciting development” for the company.

“The identification of these extensive nickel-copper and gold targets stem from our ongoing collaboration with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and its proprietary Ultrafine+ geochemical sampling technique,” he said.

“They represent a compelling drill target in an unexplored area south of Talc Lake, where recent drilling has encountered nickel sulphides.”

Mr Topping said follow-up reverse circulation drilling will be conducted at Roe Hills before year end.

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