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Highlights:
Kairos Minerals Ltd (ASX:KAI, OTCQB:KAIFF) focuses on expansion drilling at the Mt York Gold Project.
The project demonstrates consistent mineralisation across a significant strike length.
Ongoing drilling aims to upgrade resource classification and extend known mineralisation.
Kairos Minerals Ltd (ASX:KAI, OTCQB:KAIFF) continues to advance the Mt York Gold Project in the Pilbara region. The company has outlined extensive drilling activities aimed at expanding its resource base. The project area has demonstrated continuous mineralisation over a considerable distance, presenting growth opportunities.
Consistent Mineralisation Across Key Areas
The project spans multiple prospects, including Main Hill, Breccia Hill, and Gossan Hill. Drilling has indicated continuity across these zones, with mineralisation present throughout the structure. The geological characteristics of Mt York provide confidence in its long-term viability.
Strategic Funding and Project Development
Kairos Minerals has secured significant funding, ensuring the progress of its drilling campaign and feasibility studies. The company has also completed a transaction with Pilbara Minerals, enhancing its access to prospective ground adjacent to its current holdings. These steps reinforce the company's ability to maintain project momentum.
Ongoing Drilling and Resource Classification
The upcoming drill program is designed to achieve multiple objectives. Drilling will target deeper mineralisation zones and test extensions along the strike. A key goal is to refine resource classification by converting lower confidence resources into higher confidence categories. The company continues to focus on expanding its knowledge of the deposit while preparing for future development.
Expansion into Adjacent Areas
Negotiations with Pilbara Minerals have granted Kairos access to an additional segment of the mineralised trend. Preliminary reconnaissance work has identified further gold-bearing structures, which will be subject to detailed diamond drilling. This expansion strengthens the project's overall footprint and provides additional exploration potential.
Strong Momentum for the Year Ahead
With funding secured and drilling set to commence, Kairos Minerals anticipates a busy period ahead. The company expects to provide regular updates as drill results are received and resource estimations progress. The current trajectory of the Mt York Gold Project highlights its significance within the Pilbara region’s gold sector.
