
- NORTH AMERICA EDITIONAustraliaNorth AmericaWorld
February 14, 2022
Coherent 2.7km long anomaly is located just 10km south of the Manna lithium prospect and represents a priority drill target
Kairos Minerals Ltd (ASX: KAI “Kairos” or “the Company”) is pleased to advise that it has identified a new coherent lithium and pathfinder elements anomalous corridor at its 100%-owned Roe Hills Project, located east of Kalgoorlie in WA. This high-priority lithium target is located approximately ~10km south of the Manna Lithium Project, owned by Global Lithium Resources and Breaker Resources (ASX: GL1 and ASX: BRB).
Highlights
- A review of the soil sampling program conducted in 2020 has identified a coherent lithium and pathfinder elements anomaly at the 100%-owned Roe Hills Project in WA.
- The 2.7km x 0.4km northeast-trending lithium anomaly is similar in terms of its orientation, interpreted geology, and geochemistry to the Manna Lithium Prospect, now 80%-owned by global Lithium Resources (ASX: GL1), located ~10km north of the Roe Hills project area.
- The soil sampling program was initially designed to target gold and base metal mineralisation, based on geophysical interpretation.
- A detailed mapping and rock chip sampling program has been initiated, with air-core and potentially follow-up Reverse Circulation (RC) drilling planned as a priority.
Kairos’ Executive Chairman, Terry Topping, said:
“This is an exciting discovery, which was made following a detailed review of the extensive geochemical sampling program completed in 2020. The significance of this extending north-east trending anomaly has been further enhanced by the discovery of the Manna lithium prospect, located 10km to the north, by Breaker Resources (ASX: BRB).
“Breaker has recently transacted on this exciting emerging discovery in a deal with Global Lithium Resource (ASX: GL1), which has acquired an 80% interest in the tenements.
“Given the scale and potential significance of the anomalism, we recently conducted a site visit which has shown that the anomalous area is suitable for AC drilling and potential follow-up RC drilling. We have initiated an extensive field program with additional soil sampling and mapping underway and, with heritage clearances already in place, we will prioritise drilling as soon as we can secure a suitable drilling rig.
“In light of this significant development, the Kairos geology team recently completed a desktop study based on existing available data to identify other potential lithium targets at Roe Hills. This work has been successful in delineating at least eight areas of interest, which will also now be followed up by our field teams.
"This is an exciting new lithium exploration opportunity which complements the significant lithium targets we have defined recently within our Pilbara exploration portfolio.”
Click here for the full ASX Release
This article includes content from Kairos Minerals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
KAI:AU
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
The Conversation (0)
14 February 2022
Kairos Minerals
Developing Highly Prospective Gold Projects in a World-Class Gold District
Developing Highly Prospective Gold Projects in a World-Class Gold District Keep Reading...
9h
Digital Gold Could Unlock US$700 Billion in Additional Demand
A new study from the World Gold Council (WGC) and Boston Consulting Group (BCG) finds that the digital gold market could attract up to US$700 billion in additional demand as access improves and investor confidence strengthens.The report, titled “Digital Gold: Unlocking a US$700bn Opportunity,”... Keep Reading...
20 October
Peruvian Metals Announces New High-Grade Au-Ag Results at Palta Dorada
Peruvian Metals Corp (TSXV: PER,OTC:DUVNF) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") is pleased to announce new high-grade Gold ("Au") and Silver ("Ag") results from the main San Juan Vein taken on the Au-Ag exposed in the underground workings on its 100% owned Palta Dorada... Keep Reading...
16 October
Editor's Picks: Gold, Silver Shrug Off Hot Inflation Data, Prices Bounce Back
The gold price dropped and then bounced back this week, sinking to around US$4,080 per ounce midway through the period before recovering.Silver put on a similar performance, sinking below US$56 per ounce.We'll get into what caused those declines in a moment, but before we do, I want to flag that... Keep Reading...
15 October
Top 5 Australian Mining Stocks This Week: Gwardar Resources Leads with Gain of Over 35 Percent
Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, copper, helium and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove their... Keep Reading...
15 October
Dr. Mark Thornton: Gold, Silver's Next Leg — This "Engine" to Drive Prices?
Dr. Mark Thornton, senior fellow at the Mises Institute, shares his outlook for gold and silver, laying out the factors that have been weighing on prices and commenting on what may kick off their next leg higher — in his view, the return of speculators could provide a boost. "Speculators we... Keep Reading...
15 October
Reviving the Walker Lane Trend — Nevada’s Next Golden Frontier
Nevada's Walker Lane Trend is rapidly becoming a prime target for mineral exploration, offering investors a unique blend of proven production history and untapped potential.This geological corridor along the California-Nevada border is experiencing a resurgence, driven by recent discoveries,... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






