Kairos Minerals / Westaustralien
News zu #150 sollten bald eintreffen. Kurs zieht langsam an. Vielleicht aber nur weil De Grey nicht handelbar ist.
Quelle: https://smallcaps.com.au/...-gold-target-near-hemi-discovery-pilbara/
The company will remain in the halts until September 25 or when an announcement is released, whichever occurs first.
On September 16, Kairos announced that it had discovered four new gold targets at its Kangan Project in Western Australia’s Pilbara Region.
As a result of these discoveries, Kairos will now be undertaking an aircore (AC) drilling program to test these targets. Work is expected to begin sometime in the next quarter.
Kairos also informed shareholders that it has completed reverse circulation (RC) drilling at the Croydon Project.
Eight RC holes were drilled and results have been sent off and are expected by the end of the month.
Kairos last entered a trading halt in mid-May in regards to a $4.2 million capital raising.
These funds were raised through a $2.5 million share placement and a $1.7 million non-renounceable rights issue.
The company used the money to strengthen its balance sheet and progress exploration at its Pilbara Gold Project.
Shares in Kairos last traded for 6.6 cents on September 18.
Quelle: https://themarketherald.com.au/...ts-week-in-trading-halt-2020-09-21/
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Wertpapier: Kairos Minerals |
The funds will be raised via the issue of 180 million fully-paid ordinary shares to sophisticated and professional investors at five cents each
Participants will also receive one free attaching option for every two shares subscribed for, exercisable at eight cents with expiry three years from issue
Kairos will use the funds to progress drilling at the Fuego prospect and undertake campaigns at the Mt York, Kangan, and Skywell projects
The money will also go towards exploration and regional activities at the Pilbara Gold Project as well as general working capital
Quelle: https://themarketherald.com.au/...tments-for-9m-placement-2020-09-25/
The company’s rapid move to extend its drilling program reflects growing confidence in the overall prospectivity of Kairos’ auriferous targets, with the Croydon project receiving the lion’s share of the drilling budget. The first phase of exploration is now complete at the sizable Fuego prospect with more than 3,800m of reverse circulation, or “RC” drilling having been pumped into the target. The rig has since moved to the Tierra project for a ten-hole, first-pass RC program to test geophysical and geochemical targets along this 3km long corridor.
Quelle: https://thewest.com.au/business/public-companies/...pilbara-c-1364725
“Thanks to the recently completed $9 million capital raising, we are in a position where we can really make the best possible use of the remaining time between now and the onset of the northern field season”.
“With drilling now complete at Fuego, we have decided to expand the program at Croydon by drilling an initial 1,500m program using the same rig at the exciting Tierra prospect to test the gold targets we have defined previously which have coincident geochemical and geophysical signatures.”
“The RC rig will then move to Mt York to drill ~5,000m targeting extensions of the Mt York, Iron Stirrup and Old Faithful deposits. In total, this will increase the size of the RC program to ~10,000m.”
The company’s ground holding through the Pilbara covers more than 1,500 square kilometres of the province which has rapidly emerged as one of Australia’s most sought-after exploration addresses. The region has attracted a bevy of gold explorers and developers including Caeneus Minerals, Calidus Resources, Capricorn Metals and TSX-listed Novo Resources, who is fast-tracking the development of its Beaton Creek deposits following the recent acquisition of the Golden Eagle mill at Nullagine.
Its tenure includes a raft of projects across the Pilbara that cover more than 200km of strike, located a mere 100km south of the Port Headland regional centre. The company’s tenure is prospective for a range of styles of gold mineralisation including conglomerate, lode, shear and the coveted ‘intrusive-style’, that hosts De Grey Mining’s headline-grabbing Hemi gold discovery, just to the west of the company’s project areas.
Kairos’ ground-holdings include the Lala Rookh, Kangan, Wodgina, Skywell and Croydon projects while the company has also recently pegged two additional tenements adjacent to Croydon, adding close to 400 square kilometres to its expanding footprint across the region.
The company’s current phase of exploration has focused on the two key targets within the expansive Croydon project in the south of the terrane but will soon shift to Mt York, where a further 5,000m of RC drilling is planned to extend the known mineralisation at the Iron Stirrup, Old Faithful and Mt York deposits, all within the Mt York project area.
The Mt York project is located east of the Pilgangoora lithium mine and already boasts a significant global JORC resource of 20.93Mt at 1.3 g/t gold. The resource forms a solid foundation for the company’s extensional exploration drilling program. Ongoing work is also set to test a range of geophysical and geochemical targets along strike from the known deposits, and to the south at the new Green Creek and Zakanaka targets.
The recent capital raising delivers Kairos a welcome shot in the arm and has not only provided funding for the expanded RC drilling program but has also allowed the company to step up its targeting work across the Pilbara. Kairos is now set to kick off various flora, fauna, and heritage surveys in preparation for the wider drilling program at Croydon and Kangan. In addition, soil sampling will soon be undertaken at both the Skywell and Kangan projects to better define targets for aircore drilling later this year.
https://smallcaps.com.au/stocks/?symbol=KAI
hier haben wir gestern ein neues High gemacht. Jetzt kann man in deutschland bestimmt zu 0,4 cent rein wenn man Glück hat.
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Wertpapier: Kairos Minerals |
Quelle: https://themarketherald.com.au/...ling-at-mt-york-project-2020-12-04/
...
Reverse circulation drilling is underway at Kairos Minerals’ (KAI) Mt York Gold project within the Old Faithful deposit, with 14 holes slated for exploration in the next two weeks....
The company is also awaiting results from its recent exploration activities at the Skywell and Croydon projects including mapping, rock chip sampling and geochemistry programs...
Schönes Wochenende.
Quelle: https://smallcaps.com.au/...in-drilling-mt-york-roe-hills-next-month/
Lithium potential
Meanwhile, with the turnaround in the lithium market, Kairos has elected to terminate a farm-in agreement giving Altura Mining (ASX: AJM) the right to explore for the commodity at its Wodgina spodumene project in the Pilbara.
Altura initially had the right to earn up to 75% of the project by spending $1.25 million over five years from May 2019.
Viel Erfolg Kairos.
By Imelda Cotton - June 1, 2021
Quelle: https://smallcaps.com.au/...exploration-program-mt-york-gold-project/
Quelle: https://smallcaps.com.au/...ets-roe-hills-gold-cobalt-nickel-project/
..Kairos’ soil sampling program also identified possible extensions of gold mineralisation at the Caliburn prospect, located towards the southern end..
Small Caps ASX Australian stock market
Kairos Minerals discovers ‘exceptionally high-grade gold zone’ at Mt York
By Lorna Nicholas - September 15, 2021
Kairos Minerals KAI ASX Mt York gold Terry Topping Pilbara
Kairos Minerals says the new intercept is the best in the company’s history at Mt York.
Kairos Minerals (ASX: KAI) has uncovered what it says is an “exceptionally high-grade gold zone” at its Mt York deposit, which is part of the wider Pilbara gold project in Western Australia.
Drilling at the 873,500 ounce Mt York deposit has led to the discovery of a new gold zone, which remains open at depth.
The zone is located in “The Gap” between Main Hill and Breccia Hill historic workings.
Drilling returned an “outstanding” new high-grade intercept of 32m at 3.79 grams per tonne gold from 124m, including 16m at 6.62g/t gold from 132m, and 4m at 15.7g/t gold from 144m...
The company noted the intercept was the best in the company’s history of drilling at Mt York where 1,041 holes for 46,000m has been completed.
Quelle: https://smallcaps.com.au/...ceptionally-high-grade-gold-zone-mt-york/
Mr. Coulson und Hutchinson haben investiert.
Quelle: https://hotcopper.com.au/asx/kai/