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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.

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