Kairos Minerals Ramps Up Major Drilling Drive at Mt York to Unlock Gold Potential

April 29, 2025 11:21 AM AEST | By Team Kalkine Media

Google News:

Kairos Minerals Ramps Up Major Drilling Drive at Mt York to Unlock Gold Potential — Image source: shutterstock

Recent News

AEG Celebrates the LGBTQIA + Community at the 2025 LA Pride Parade

What happens if AI can do everything better than humans?

Brookfield Infrastructure reportedly acquiring Hotwire for $7 billion

Nvidia GTC Paris is ’another bullish proof point’ long term - Morgan S...

Highlights

Kairos Minerals (ASX:KAI) initiates its largest-ever drilling campaign at Mt York.

New exploration targets could significantly extend gold resources.

Fully funded to advance Mt York towards a prefeasibility study in 2025.

Kairos Minerals (ASX:KAI) has embarked on its most extensive drilling campaign to date at the 1.4 million-ounce Mt York Gold Project in Western Australia’s Pilbara region. The effort is designed to expand the project's resource base and pave the way for an updated mineral resource estimate, crucial for its prefeasibility study targeted for completion in 2025.

The company’s managing director, Dr. Peter Turner, emphasized the quality and scale of Mt York, noting that expansion opportunities—particularly at the Main Hill Extension Prospect—could substantially add to the project's already significant mineralization footprint. Current negotiations for access to the Main Hill Extension, located on a tenement owned by Pilbara Minerals (ASX:PLS), could deliver a 1,500-metre boost to the strike length of the Main Trend.

The ambitious drilling program covers 30,432 metres and will unfold in two phases. Phase 1 is already underway with 18,872 metres planned across 79 diamond and reverse circulation (RC) holes. Phase 2 will add another 11,560 metres, primarily aimed at converting inferred resources into higher-confidence indicated resources. Six diamond drill holes, totaling nearly 1,167 metres, have already been completed using two diamond rigs, and a third rig is set to join operations in June to help navigate the complex terrain.

Beyond the Main Trend, regional exploration efforts are accelerating as well. At the Gilt Dragon prospect, located about three kilometres southeast of Mt York, soil sampling has revealed multiple zones of gold and arsenic anomalies. Kairos Minerals has outlined a plan for approximately 1,400 metres of drilling at Gilt Dragon, with previous results showing promising intersections such as 13 metres at 1.31 g/t gold. There is also potential for base metal discoveries, with copper, lead, and zinc anomalies pointing to VMS-style mineralisation.

The company remains in a strong financial position, fully funded to execute its exploration and technical studies. Environmental assessments and detailed metallurgical analysis are also progressing in parallel to support the project’s development goals.

With significant ground already secured from Pilbara Minerals (ASX:PLS) and further access negotiations underway, Kairos Minerals (ASX:KAI) is positioning Mt York to become one of the Pilbara’s standout undeveloped gold assets. The next resource update and the ensuing prefeasibility study will be key milestones in unlocking the full value of this large-scale, underexplored gold system.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.