The highly prospective Southern Kurnalpi Terrane is a rapidly emerging gold province in the Eastern Goldfields.
Interestingly, Breaker Resources (ASX:BRB) recently discovered the Lake Roe gold prospect, located 10 kilometres north of the Roe Hills Project.
The Bronco Plains Project was identified by Kairos’ technical team as part of the company’s ongoing regional evaluation.
The project consists of three exploration licenses totalling an area of 389 square kilometres.
Originally part of AngloGold’s East Tropicana portfolio, Bronco Plains has multiple strong gold-in-soil anomalies located towards the eastern margin of the Southern Kurnalpi Terrane and remains underexplored.
Soil geochemical surveys are currently in progress. The results of these surveys are to be used in combination with a full technical review of historical data to refine priority drill targets.
Bronco Plains represents an important addition to Kairos’ existing high quality exploration portfolio in the Southern Kurnalpi region.
However, the company’s primary focus remains on following up the outstanding results recently achieved at Roe Hills, including 14 metres at 2.39 g/t gold from 79 metres.
The next phase of drilling at Roe Hills is planned to commence in the coming weeks.