Kairos Minerals Ltd (ASX: KAI; 'Kairos' or 'the Company') is pleased to advise that it has further expanded its 100%-owned Pilbara Gold Project in Western Australia after securing a strategic tenement package that is prospective for both intrusive-related gold and lithium discoveries.
The newly named Rocklea Project comprises two new Exploration Licence Applications (E45/5960 and E45/5961), and one new Exploration Licence Application (E45/6018) was added to the existing Lalla Rookh project.
Highlights
Kairos' technical team has identified and secured a strategic Project via new applications in the Pilbara district of Western Australia.
New acquisition increases the size of Kairos' tenure in the Pilbara by 30% to 2,026km2.
The Rocklea Project Licences include granitic rocks of the Sisters Supersuite intrusion and volcanic rocks of the Warrawoona Group.
A new Exploration Licence Application has been added to the Lalla Rookh Project, located next to the Lalla Rookh historic gold mine.
The Exploration Licences covering the Rocklea and Lalla Rookh Projects are prospective for both Hemi-style, intrusive-related gold discoveries and lithium-caesium-tantalum ('LCT') pegmatite discoveries.
Kairos is planning an airborne magnetic and radiometric survey for both project areas.
Kairos' Executive Chairman, Terry Topping, said: 'This is an exciting addition to our Pilbara Gold Project, which already encompasses a very large and strategic footprint in this Tier-1 mining and exploration district. 'The new licence applications will increase our overall ground-holdings by 30% to over 2,000 square kilometres, making us one of the largest land-holders in the central and east Pilbara with ground situated across a number of important strategic geological structures.
'The new Exploration Licences covering the Rocklea and Lalla Rookh Projects are highly prospective for both Hemi-style, intrusive-related gold discoveries and LCT-style pegmatite lithium discoveries. 'This is another demonstration of our commitment as a long-term strategic explorer in the Pilbara region and further strengthens our deep pipeline of exploration opportunities. We look forward to the commencement of initial exploration activities including an airborne magnetic and radiometric survey.'
About Kairos Minerals
Kairos Minerals (ASX: KAI) is a diversified West Australian-based exploration company which is focused on the exploration and development of two key project hubs located in WA's premier mining districts. The Company's 100%-owned Pilbara Gold-Project has its central 'hub' located 100km south of Port Hedland in the world-class Pilgangoora district immediately adjacent to the major lithium-tantalum projects owned by Pilbara Minerals, which is currently in production. Since acquiring the Project in early 2016, Kairos has established a JORC Indicated 8.56Mt at 1.3 g/t for 366,000oz and Inferred 12.36Mt at 1.28 g/t for 507,000oz for a Total Mineral Resource of 20.93Mt @ 1.3g/t Au for 873,500oz (ASX announcement, 4 March 2020). The Project encompasses the historical Lynas Find gold project, which produced over 125,000oz of gold between 1994 and 1998.
Kairos's 100%-owned Roe Hills Project, located 120km east of Kalgoorlie in WA's Eastern Goldfields, comprises an extensive tenement portfolio where the Company's recent exploration work has confirmed the potential for significant discoveries of high-grade gold, nickel and cobalt mineralisation. Kairos' tenure adjoins the emerging Lake Roe gold discovery, owned by Breaker Resources (ASX: BRB). In the Pilbara, Kairos also holds 2,026 square kilometres of tenure (granted and applications) which is highly prospective for gold and lithium-caesium-tantalum pegmatite discoveries. Kairos has been well recognised for its industry leading technical team that includes its Chairman Terry Topping (Taipan Resources NL, Cauldron Energy Ltd), Technical Director Neil Hutchison (Poseidon Nickel, Jubilee Mines) and consulting specialists With the authority of the Board.
Contact:
Mr Terry Topping
Tel: 08 9388 1474
KAIROS MINERALS LIMITED 
