Successful radiometric and aeromagnetic surveys reveal priority target areas
HIGHLIGHTS
- Targeting using the recently-acquired, ultra-detailed airborne geophysics completed at the Mt York Lithium-Gold Project in WA.
- Numerous new pegmatite targets identified from radiometric and aeromagnetic data interpretation.
- Targets to be field-checked, mapped and sampled over the coming weeks ahead of drilling planned for early next quarter.
- Results suggest significant future upside potential at Kairos’ Mt York Project.
Kairos Minerals Limited (“Kairos” or “Company” ASX: KAI) is pleased to advise that it has received the final results from a targeting exercise using recently acquired airborne geophysical data from its Mt York Lithium-Gold Project, located in the highly prospective Pilgangoora region of WA’s East Pilbara (see Figure 5).
As a result of this work, multiple pegmatite targets have been identified throughout Kairos’s tenement package, using ultra-detailed radiometric and aeromagnetic data.
These targets highlight the significant potential of the Mt York Project, which abuts the world-class Pilgangoora Lithium Tantalum Project being developed by Pilbara Minerals (ASX: PLS), as well as the Altura Mining (ASX: AJM) and Dakota Minerals (ASX: DKO) lithium projects.
The newly identified target areas will be subject to ground-based exploration activities including reconnaissance field evaluation and mapping/rock chip sampling in the coming weeks ahead of drilling planned for early in the September 2016 Quarter.