Kairos Minerals

Developing Highly Prospective Gold Projects in a World-Class Gold District

This Kairos Minerals profile is part of a paid investor education campaign.*

KAI:AU
ASX: KAI


Overview

When it comes to raw materials, the state of Western Australia in Australia stands out as one of the world’s largest exporters of raw materials. The state is the main exporter of minerals and petroleum commodities in Australia, including iron ore, gold, alumina, nickel, liquified natural gas, copper and lithium. Western Australia also produces a significant proportion of these commodities –– including 32 percent of the world’s iron ore and 29 percent of the world’s garnet.

However, Western Australia is considerably well-known for its long and documented history of gold rushes dating back to the late 1800s. In 2021, Australia was the third-largest producer of gold. In 2019, Western Australia supplied 67 percent of the country’s production. Today, Western Australia’s Pilbara region is home to multiple gold-producing mines, including Novo Resources Corp.’s (TSE:NVO) Nullagine Gold project, Northern Star Resources Ltd.’s (ASX:NST) Paulsens Gold mine and Newcrest Mining Ltd.’s (TSE:NCM) Telfer mine.

Kairos Minerals Ltd. (ASX:KAI) is a mineral exploration company focused on advancing a portfolio of highly prospective gold projects in Australia. Kairos Minerals has two key project hubs located in Western Australia's premier mining districts. The company is led by a strong management team with decades of experience in mineral exploration.

Kairos Minerals Projects

The company’s fully-owned Pilbara Gold Project is located at the epicenter of the Pilbara gold rush in Pilgangoora. The project is home to the historical Lynas gold project which produced more than 125,000 ounces of gold from 1994 to 1998. The Pilbara Gold project is prospective for Hemi style intrusive related gold targets. The Hemi gold deposit is one of Australia’s recent major gold discoveries that sparked interest for its intrusive style of geology that was previously not well known for its mineralization.

Kairos Minerals’ Pilbara Gold project features three deposits, including the Mount York, Iron Stirrup and Old Faithful deposits which form the cornerstone of the project. The deposits have a JORC indicated resource of 8.56 million at 1.3 g/t for 366,000 ounces and an inferred resource of 12.36 million tonnes at 1.28 g/t for 507,000 ounces for a total mineral resource of 20.93 million tonnes at 1.3 g/t of gold for 873,000 ounces.

The company’s Pilbara Gold project consists of the Mount York and Pilbara Regional Gold projects. The flagship Mount York project includes an indicated and inferred resource of 17.2 million tonnes at 1.26 g/t of gold for 697,700 thousand ounces. The Mount York deposit is located approximately 100 kilometers southeast of Port Hedland. In January 2022, the company identified a significant new gold target with anomalous rock chip samples of up to 4.6 g/t of gold at the Mount York project.

Kairos Minerals’ Pilbara Regional Gold project is highly prospective for gold and lithium. The project spans 2,026 square kilometers of tenure, including granted and applications. In December 2021, the company confirmed the presence of pegmatites at the Wodgina project.

Kairos Minerals

Kairos Minerals’ Eastern Goldfields project is situated in a world-class gold province with more than 130 million ounces of gold produced. The Eastern Goldfields project consists of the Roe Hills project located 120 kilometers east of Kalgoorlie in Western Australia’s Eastern Goldfields. The fully-owned Roe Hills project comprises an extensive tenement portfolio. The company’s recent exploration work on the Roe Hills project has confirmed the potential for significant discoveries of high-grade gold, nickel, cobalt and lithium mineralization.

The company leverages the strategic positioning of its assets. Kairos Minerals' Roe Hill project adjoins the emerging Lake Roe gold discovery that is owned by Breaker Resources (ASX: BRB). The Roe Hills project is also located near Silver Lake Resources’ Mount Monger/Randalls Gold operations and the Aldiss Gold project with million-plus tonne resources each. The company’s Pilbara Gold project is immediately adjacent to Pilbara Minerals’ major lithium-tantalum project which is currently in production.

The company is currently awaiting further assay results from RC drilling on its Mount York project. Going forward, the company is focused on obtaining results from the in-fill AC drilling program at the Kangan project. Kairos Minerals is also putting efforts into gold and lithium target generation from the previous exploration. Additionally, the company also plans to conduct mining studies for the Mount York project and commence analysis of the regional geochemistry sampling from Mount York, Wodgine, Kangan and Skywell projects. The company also hopes to complete additional heritage surveys at the Kangan and Skywell project as well as gold and lithium exploration at Roe Hills.

Company Highlights

  • Kairos Minerals Ltd. (ASX:KAI) is a mineral exploration company focused on advancing a portfolio of highly prospective gold projects in premier mining districts in Western Australia, Australia.
  • Kairos Minerals’ fully-owned Pilbara Gold project in a prolific district and features a JORC total mineral resource of 20.93 million tonnes at 1.3 g/t of gold for 873,000 ounces.
  • The Pilbara Gold project is home to the historical Lynas gold project which produced more than 125,000 ounces of gold from 1994 to 1998.
  • The company’s Pilbara Gold project consists of the flagship Mount York and Pilbara Regional Gold projects. The Mount York project includes an indicated and inferred resource of 17.2 million tonnes at 1.26 g/t of gold for 697,700 thousand ounces.
  • Kairos Minerals’ Eastern Goldfields project consists of the fully-owned Roe Hills project in a world-class gold province. The Roe Hills project has the potential for significant discoveries of high-grade gold, nickel, cobalt and lithium mineralization.
  • The company leverages the strategic positioning of its assets near major mineral discoveries and mineral-producing mines.

Key Projects

Pilbara Gold Projects

Kairos Minerals Pilbara Gold Project

The Pilbara Gold project consists of the Mount York and Pilbara Regional Gold projects in the Pilgangoora district of Western Australia, Australia. The Pilbara project is situated approximately 100 kilometers south of Port Hedland. The fully-owned Pilbara Gold project spans 1,325 square kilometers at the center of the Pilbara gold rush. The project is adjacent to Pilbara Minerals’ major lithium-tantalum producing project.

The Pilbara Gold project is home to the historical Lynas gold project which produced more than 125,000 ounces of gold from 1994 to 1998. The project hosts three gold deposits including, Mount York, Iron Stirrup and Old Faithful deposits. The Pilbara Gold project features a JORC indicated resource of 8.56 million at 1.3 g/t for 366,000 ounces and an inferred resource of 12.36 million tonnes at 1.28 g/t for 507,000 ounces for a total mineral resource of 20.93 million tonnes at 1.3 g/t of gold for 873,000 ounces for the three deposits.

The Pilbara Regional Gold project consists of the Kangan, Wodgina, Skywell, Croydon, and Lalla Rookh projects. The Pilbara Regional Gold projects span 2,026 square kilometers with recent land increases focused on gold and lithium. The company has completed 5,454 meters of AC drilling on the Kangan project which is prospective for lithium and gold. In December 2021, the company confirmed the presence of pegmatites at the Wodgina project.

The flagship Mount York project includes an indicated and inferred resource of 17.2 million tonnes at 1.26 g/t of gold for 697,700 thousand ounces. In January 2022, the company identified a significant new gold target with anomalous rock chip samples of up to 4.6 g/t of gold at the Mount York project. The company is currently awaiting the full results of RC drilling on the project.

Eastern Goldfields Project

Kairos Minerals Eastern Goldfields Project

The Eastern Goldfields project consists of the Roe Hills project located 120 kilometers east of Kalgoorlie in Western Australia’s Eastern Goldfields. The project is strategically located in a world-class gold province that has produced more than 130 million ounces of gold. The area also hosts more than 20 deposits that contain more than 1 million ounces of gold. The fully-owned Roe Hills project is adjoined to Breaker Resources’ (ASX:BRB) emerging Lake Roe gold discovery. The project is also located near Silver Lake Resources’ Mount Monger/Randalls Gold operations and the Aldiss Gold project with million-plus tonne resources each.

The Roe Hills project spans 324 square kilometers and is deemed to have the potential for significant discoveries of high-grade gold, nickel, cobalt and lithium mineralization based on recent exploration work and drilling programs. The project hosts a historical high-grade cobalt intercept of 14 meters at 0.39 percent copper from 20 meters, including 2 meters at 1.16 percent cobalt from 20 meters. The Roe Hill project contains numerous high-quality targets that have yet to be tested. The project includes 40 kilometers of continuous and untested strike on the Leonora-Laverton greenstone belts which is a major gold-bearing terrane.

Management Team

Phil Coulson - Non-Executive Director

Phil Coulson has over 20 years corporate advisory experience, having held senior advisory positions at Montagu Stockbrokers and Patersons Securities Limited. He has promoted and advised numerous companies in the identification and acquisition of technology and resource projects. Currently a private investor and corporate consultant, he holds debt and equity positions in a number of public and private companies.Most recently, Phil facilitated the transformation of Vital Metals Ltd (ASX:VML) into a rare earths business. Prior to this he facilitated the reverse takeover of ResApp Diagnostics Pty Ltd by Narhex Life Sciences Limited (ASX: RAP) and also the reverse takeover of Alcidion Group Limited by Naracoota Resources Limited (ASX: ALC). Phil holds a Bachelor of Economics from UWA (1993).

Zane Lewis - Non-Executive Director

ZaneLewis is a principal and founder of corporate advisory firm SmallCap Corporate, which specialises in corporate advice to public companies and is managing director of Golden Triangle Capital which connects listed entities with a community of professional and sophisticated investors, providing funding for all stages in strategic development.Most recently Zane facilitated the transformation of Odessa Minerals Limited (ASX:ODE) into a Australian focussed diamond exploration company, the IPO of mining services company Aquirian Limited (ASX:AQN) and was instrumental in the transformation of Vital Metals Ltd (ASX:VML) into a rare earths business.Mr Lewis is a Fellow of the Governance Institute of Australia and is the Chairman of Odessa Minerals Limited and a non executive Director of Lion Energy Limited and Kingsland Global Limited.

Neil Hutchison - Non-Executive Director

Neil Hutchison is a geologist with more than 15 years of experience in conducting regional exploration, target generation, resource drill-out, project reviews and evaluations. Hutchison’s experience also includes managing the nickel exploration group at the highly successful Cosmo Nickel Project. Hutchison has been involved with Poseidon Nickel and Jubilee Mines. Hutchison was first appointed to the board of Kairos Minerals in April 2014 and currently serves as the technical director.

Adrien Wing - Company Secretary

Adrien Wing is CPA qualified. Wing works with a number of public companies listed on the Australian Securities Exchange as a corporate consultant, accounting consultant and company secretary. Wing has held the position of company secretary at Kairos Minerals since October 2013.

*Disclaimer: This profile is sponsored by Kairos Minerals ( KAI:AU ). This profile provides information which was sourced by the Investing News Network (INN) and approved by Kairos Minerals in order to help investors learn more about the company. Kairos Minerals is a client of INN. The company's campaign fees pay for INN to create and update this profile.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Kairos Minerals and seek advice from a qualified investment advisor.

to the top