Kairos Minerals

Strong Lithium And Gold Targets Identified At Croydon Project, WA

Soil sampling outlines several lithium targets, with values up to 177ppm and coincident mapped pegmatites, plus large gold anomalies up to 2.5km-long in the Pilbara

Kairos Minerals Ltd (ASX: KAI)is pleased to advise that it has identified new gold and lithium targets at its 100 per cent-owned Croydon Project in WA’s Pilbara.


  • Strong results from more than 1,300 soil samples reveal highly prospective lithium and gold anomalies
  • Four lithium anomalies with elevated pathfinder elements were identified, up to 8km-long and coincident with mapped pegmatites
  • Viento is a new 2.5km-long target defined by a robust gold anomaly
  • Aqua Prospect is a 1km-long anomaly up to 3,060 ppb Au with nearby Pb- Zn-Cu association with values of up to 3,115ppm Pb, 663ppm Zn, 265ppm Cu
  • Tierra prospect: In-fill soil results confirm and refined the target area, with values up to 1,511ppb Au

Kairos Managing Director, Dr Peter Turner said: “These are very strong results which demonstrate that Croydon has outstanding potential to host extensive lithium and gold mineralisation.

“In light of these results, we are moving quickly to implement follow-up programs of field verification, mapping and drilling.

“It is important to note that the large Croydon Project was pegged for its geological characteristics and potential to host Hemi-style mineralisation – these results attest to its prospectivity not just for gold but for significant lithium mineralisation as well.

“The Viento-Fuego-Tierra-Aqua Prospects are significant gold anomalies arranged in clusters over 20km along a granitic margin and provide Kairos with an exciting pipeline of gold prospects with scale and tenor that warrant imminent drill-testing”.

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+™ analysis at the Labwest Laboratory in Perth.

The complete data analysis has identified a new gold target at the Viento prospect and four new lithium targets. The Tierra and Eastern 1 lithium targets show similar geological settings to the Mt Cassiterite pegmatite suite, part of the 259Mt @ 1.17%Li2O deposit, owned by Mineral Resources and Albemarle Corporation (ASX: MIN and NYSE: ALB).

Kairos has also completed the in-fill soil sampling program at Tierra and Aqua prospects, with taregts 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 (Figure 2).

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.

The Conversation (0)
Aurum Resources

Aurum Hits 74m @ 1.0 g/t Gold at Boundiali BD Target 2

Aurum Resources Limited (ASX: AUE) (Aurum) is pleased to report further shallow, wide gold intercepts from diamond holes at BD Target 2 as part of ongoing diamond drilling at its Boundiali Gold Project in Côte d'Ivoire, West Africa.

Keep reading...Show less
Lynette Zang, gold bars.

Lynette Zang: Gold, Silver Price Potential as Public Turns to Sound Money

Lynette Zang, founder and CEO Zang Enterprises, shared her thoughts on gold and silver prices in 2024, explaining how more and more people globally are turning to precious metals to safeguard their wealth.

"That gives me tremendous hope, because that's who we need to wake up to what's happening. They're starting to buy gold, and that thrills me," she told the Investing News Network during an interview.

"If we can get even 3 percent of the public to have a quiet revolution and convert their fiat money into sound money — physical gold and physical silver — it's all you have to do for a quiet revolution (and) to have a seat at the table."

Keep reading...Show less

Wheaton Precious Metals Publishes 2023 Sustainability Report

Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce the publication of its 2023 Sustainability Report (the "Report").

"Our 2023 Sustainability Report outlines Wheaton's commitment to embed ESG considerations in our decision-making processes and business operations, by upholding industry-leading best practices and focusing on investing in communities to drive positive outcomes," said Randy Smallwood , Wheaton's President and Chief Executive Officer. "The mining industry is critical to a low-carbon future and socio-economic development, and our precious metals streaming business model plays an integral role by providing capital to companies who demonstrate responsible mining practices. At Wheaton, we remain committed to enhancing the sustainability of our industry with a focus on creating lasting value for all stakeholders."

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Piche Resources Executive Chairman John Simpson.

Piche Resources Poised to Supply North American, Western European Utilities, Exec Says

Speaking to the Investing News Network, Piche Resources Executive Chairman John Simpson stressed the need for diversity of supply from much more friendly jurisdictions to ensure security. Citing the company’s promising assets in Australia and Argentina, he said Piche will play an important role in the critical metals supply chain.

“We saw both China and Russia politicise or militarise their commodities … I think that's created an enormous awareness (for) the need for diversity of supply from much more friendly jurisdictions (and) ensuring security (of supply),” he said.

“Being a company that has critical metals and energy in locations like Australia and Argentina, if we can supply the quantities, the volume within the first quartile of costs, we will be a very attractive supplier to North American and Western European utilities.”

Keep reading...Show less
Sailfish Reports Q1 2024 Results

Sailfish Reports Q1 2024 Results

Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the "Company" or "Sailfish") is pleased to announce its operating and financial results for the first quarter ended March 31, 2024 ("Q1 2024"). All amounts are in U.S. dollars unless otherwise indicated.

Q1 2024 Highlights:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News