Kairos discovers further gold mineralisation at Roe Hill

Published at Jan 30, 2018, in Mining

Kairos Minerals (ASX:KAI) has received promising assay results from its recent drilling program at its 100%-owned Roe Hills Project in Western Australia.

The key focus of the program was previously defined gold mineralisation areas at Lingering Kiss, Terra and Lady of the Lake. The program consisted of 27 holes for 3,101 metres combined aircore/reverse circulation drilling and tested dip and strike extensions.

Exceptional high-grade assay results of 8.87g/t gold and 8.96g/t gold were recovered from the Lingering Kiss and Terra prospects, reaffirming extensions from mineralisation intersected in 2017.

It should be remembered here, that this is an early stage play and as such any investment decision should be made with caution and professional financial advice should be sought.

KAI Executive Chairman, Terry Topping, said of the results: “We have continued to encounter significant high-grade mineralisation across several projects in the latest round of gold focused drilling, demonstrating the huge potential of this project.”

KAI has now completed three gold exploratory drilling campaigns at the Roe Hills Project, which is located along strike to the south of Breaker Resources’ (ASX:BRB) Lake Roe gold discovery and is adjacent to Silver Lake Resources’ (ASX:SLR) Aldiss Gold Project.

roe hills project

Source: Kairos Minerals

Lingering Kiss

kairos lingering kiss prospect

Source: Kairos Minerals

Eight holes were completed at Lingering Kiss, with six being drilled on section 6545080mN.

Drilling at this location successfully extended the anomalous gold zone, with is at least 500 metres wide. Anomalous gold mineralisation was also located in both holes drilled on section 6545000mN, indicating that the mineralisation runs southwest and is open.

Significant assay results from this location are as follows:

  • RHRC037:

2m at 8.87g/t gold from 154m

  • RHRC040:

2m at 1.68g/t gold from 121m

  • RHRC041

2m at 0.78g/t gold from 174m


terra gold prospect

Source: Kairos Minerals

An additional four holes were completed at the Terra Prospect totalling 720 metres.

The drilling aimed to test for extensions to mineralisation discovered in previous drilling and provide further coverage between spaced sections at the site, which are up to 500 metres apart.

KAI indicated that all holes at Terra successfully extended the mineralisation, with the exception of hole RHRC050, which is believed to be have been located too far to the west.

Key assay results included:

  • RHRC048

1m at 8.96g/t gold from 81m

  • RHRC049

1m at 1.49g/t gold from 128m

  • RHRC051

4m at 0.6g/t gold from 176m

Lady of the Lake

lady of the lake prospect drilling

Source: Kairos Minerals

Five new holes and one hole extension were completed at the Lady of the Lake prospect for a total of 928 metres.

The program tested for northern and western extensions to previously reported intercepts, with successful drilling at the site extending the mineralised zone a further 160m to the north of previous drilling.

Noteworthy assay results from the prospect include:

  • RHRC045

4m at 0.9g/t gold from 18m

  • RHRC047

8m at 0.59g/t gold from 66m

  • RHRC014

1m at 1.06g/t gold from 146m


quartermain gold prospect

Source: Kairos Minerals

The company has also provided an update on its Quartermain prospect, which is located 4 kilometres north of Silver Lake Resources’ French Kiss gold deposit.

KAI has completed nine shallow angled RC holes for 282 metres along two sections at the site, which are spaced 100 metres apart.

The drilling targeted a robust clay-pan geochemical anomaly extending over a strike length of 600 metres with a width of up to 400 metres.

While an in-depth analysis of the geochemistry is yet to be completed, KAI has indicated that five holes returned encouraging anomalous gold values, with the most significant assay returning 4 metres at 0.33g/t gold from 18 metres (RHRC057).

KAI plans to re-commence drilling across the sites once all results have been thoroughly assessed.

Where to invest $1,000 right now

When the experts at Next Investors have a stock pick, it may pay to listen.

The Next Investors have been investing in ASX small cap stocks for years, with their best small cap picks yielding returns of 1,200%, 1,120%, 900% and 678%.

They have just revealed their hand-picked, FY2021 stock portfolio of high conviction long-term investments.

Click the link below to see what they are currently investing in.




S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why Finfeed.com is Australia’s leading small cap publication

Founded seven years ago, Finfeed.com is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise.

Finfeed.com provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more.

Finfeed.com is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!