Kairos Minerals Ltd. announced that it has identified new gold and lithium targets at its 100% owned Croydon Project in WA's Pilbara. The targets have been identified by the successful geochemical sampling program in which 1,304 soil samples were collected at 200m x 80m and 800m x 160m spacing and submitted for Ultrafine+TManalysis at the Labwest Laboratory in Perth. The complete data analysis has identified a new gold target at the Vien to prospect and four new lithium targets.

The Tierra and Eastern 1 lithium targets show similar geological settings to the MtCassiterite pegmatite suite, part of the 259Mt @ 1.17%Li2O deposit, owned by Mineral Resources and Albemarle Corporation Kairos has also completed the in-fill soil sampling program at Tierra and Aqua prospects, with targets now ready to be drill-tested. Lithium Targets: The geochemical soil sampling program defined four new lithium targets based on elevated lithium and pathfinder elements and the local geology. Tierra Lithium Target: An 800m-long lithium anomaly returned from the samples collected over the mapped Corboy Formation, GSWA 1:500k map.

The metasediments of this formation host the MtCassiterite spodumene-type pegmatites, owned by Mineral Resources and Albemarle Corporation. This is a highest-priority target with field reconnaissance mappingplanned ahead of drilling. Eastern Target 1This target area is defined by an 800m long lithium anomaly, up to 133ppm Li, with coincident elevated tin and tantalum.

Immediately to the west of this anomaly, there are two pegmatites mapped by GSWA and found on 1:100k Satirist sheet; these pegmatites extend for approximately1.9km and are visible on aerial images. Kairos has started the process to obtain access to conduct exploration activities within the E47/4384 that was granted in 2021.Eastern Target 2A 4km-long northeast striking target area is defined by lithium anomalies, up to 177ppm Li, with coincident elevated niobium, tin and tantalum. It sits near the contact between the Powdar Monzogranite (2,935Ma) and the Cheearra Monzogranite (3,065Ma) of the Sister Supersuit; the Cheearra unit includes pegmatites that could be associated with the later intrusion of the younger Powdar granites.Eastern Target 3This target is defined by lithium anomalies, up to 137ppm Li, with coincident elevated tin.

The Warden Pool Tin Prospect is located 1.5km northwest of this anomaly in Sayona Mining tenement.Gold Targets - Viento Prospect: The Ultrafine soil sampling program results identified a new target area defined by a 2.5km long gold anomaly. This target area is located on the highly prospective zone, the margins of the Sisters Supersuit intrusion. Several gold, copper, tin, tantalum, lithium, and tungsten prospects are located on the margins of this intrusion.

See Figure 1 for location of these prospects. Gold Targets - Aqua and Tierra prospects: In 2021, Kairos conducted an in-fill and extensional soil sampling program at Aqua and Tierra prospects to refine previously defined targets and test new areas for intrusion-related gold mineralization. At the Aqua prospect, the analysis of the complete surface geochemistry data has generated a consistent and robust anomalous zone of elevated Pb, Cu and Zn, up to 3,115ppm Pb, 663ppm Zn,265ppm Cu, next to a 1km long gold anomaly, up to 3,060ppb Au.

The 1km anomalous zone is manifest as >100ppb Au results consistently over 7 of 10 sample lines illustrating the robustness of the anomalism. The underlying gold source is a high priority target that will be drill-At the Tierra prospect, the in-fill soil sampling program confirmed and refined the previously defined target: the 2.5km long corridor of highly anomalous soils and rock chips, including outstanding surface copper and gold grades up to 16.8% Cu and 4.3 g/t Au. The in-fill sampling program returned the higher gold value from soils of 1,511ppm Au for this prospect.

Kairos has conducted heritage and environmental surveys over the area of the mineralized corridor and has been granted a special permit to conduct a drilling program, which is planned once Mt York PFS drilling is complete. Next Steps: Field investigation of the new Li, Au targets at Croydon project Results from geochemistry sampling programs from Roe Hills and Mt York projects. Additional heritage surveys at Kangan, Wodgina and Croydon projects.