Sign up Australia
Proactive Investors - Run By Investors For Investors

Kairos Minerals reveals cobalt potential of Roe Hills Project

The intersections are over a continuous strike of at least 700 metres
Kairos Minerals reveals cobalt potential of Roe Hills Project
Circa 2,000 metres of follow-up drilling is planned later this year

Kairos Minerals Ltd (ASX:KAI) has intersected a significant zone of near-surface cobalt-nickel-manganese mineralisation at its Roe Hills Project in Western Australia’s Eastern Goldfields.

The intersections are over a continuous strike of at least 700 metres in length and up to 150 metres in width at the ROE- 1 prospect.

Kairos recently completed a 59-hole, 1,851-metre cobalt-focused aircore drilling programme.

The cobalt and manganese grades reported are exceptionally high compared to most other nickel-cobalt oxide deposits in Western Australia and globally.

Significant assay results include:

- 8 metres at 0.11% cobalt; 0.43% nickel and 0.40% manganese from 2 metres;
- 3 metres at 0.27% cobalt; 0.48% nickel and 1.93% manganese from 2m including; and
- 10 metres at 0.10% cobalt, 0.64% nickel and 0.59% manganese from 4 metres.

A follow-up programme of circa 2,000 metres of aircore drilling is planned later this year to test extensions of the ROE-1 cobalt prospect along with several other high-priority cobalt prospects.

Furthermore, a 34-hole, 2,800-metre gold-focused drilling programme to test a number of high-priority targets including Terra, Lady of the Lake and Ginger Kiss has now been completed with assays awaited.

Kairos’ share price closed 7% higher on Wednesday, at $0.015.

View full KAI profile View Profile

Kairos Minerals Ltd Timeline

Related Articles

1511183786_Lithium-drill-core---Cinovec.jpg
November 21 2017
European Metals Holdings is rapidly moving forward with Europe's largest and most significant lithium project
management
February 14 2018
Berkeley Energia is funded to production, and set to make a significant impact on the uranium market
no_picture_pai.jpg
July 10 2017
Find out more from Lithium Power International Ltd at the Proactive's CEO Sessions.

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use