Kairos Minerals Expands Pilbara Gold Project

THE DRILL SERGEANT: Kairos Minerals (ASX: KAI) announced further expansion to the company’s 100 per cent-owned Pilbara gold project in Western Australia.

Kairos Minerals advised the market it has secured a strategic tenement package it considers prospective for both intrusive-related gold and lithium discoveries.

The package includes the newly named Rocklea project that comprises two new Exploration Licence Applications (E45/5960 and E45/5961), while a new Exploration Licence Application (E45/6018) was added to the existing Lalla Rookh project.

The two Rocklea Exploration Licence Applications cover mainly the granitic rocks of the Sisters Supersuite intrusion, which is displaced by a northwest-southeast fault zone.

The new Lalla Rookh Exploration Licence Application primarily covers the paleoarchaean rocks of the Cleland and Callina supersuites.

Ultramafic rocks are mapped within the ELA and are considered prospective for gold and base metals mineralisation.

The Lalla Rookh historic gold mine sits approximately two kilometres south of the new tenement area.

“This is an exciting addition to our Pilbara gold project, which already encompasses a very large and strategic footprint in this Tier-1 mining and exploration district,” Kairos Minerals executive chairman Terry Topping said in the company’s ASX announcement.

“The new licence applications will increase our overall ground-holdings by 30 per cent to over 2,000 square kilometres, making us one of the largest land-holders in the central and east Pilbara with ground situated across a number of important strategic geological structures.

“The new Exploration Licences covering the Rocklea and Lalla Rookh projects are highly prospective for both Hemi-style, intrusive-related gold discoveries and LCT-style pegmatite lithium discoveries.

“This is another demonstration of our commitment as a long-term strategic explorer in the Pilbara region and further strengthens our deep pipeline of exploration opportunities.

“We look forward to the commencement of initial exploration activities including an airborne magnetic and radiometric survey.”



Email: info@kairosminerals.com.au


Web: www.kairosminerals.com.au


Cazaly Resources Confirms Mount Angelo Copper-Zinc Mineralisation

THE DRILL SERGEANT: Cazaly Resources (ASX: CAZ) received assay results from a recent drilling campaign carried out at the Mount Angelo North copper-zinc project located within the company’s Halls Creek copper project in the Kimberley region of Western Australia.

Cazaly Resources completed seven RC drillholes at Mount Angelo North in June to test the continuity of shallow copper-zinc mineralisation and explore the potential extensions to known sulphide mineralisation along strike and down dip.

One RC drill hole with a diamond drill hole tail was also drilled to test a previously defined downhole electromagnetic (EM) target.

The company declared the RC results had confirmed good, consistent high-grade copper-zinc mineralisation and marginally extended the known limits of the deposit.

The drilling, and recent re-modelling also highlighted a potential new down plunge position for zinc mineralisation.

Maximum single metre values returned from the drilling included:

37.9 per cent copper, 4.1 per cent zinc, 1.2 per cent lead, 63 grams per tonne silver and 1.57g/t gold.

This was the first drilling to be conducted at the project since Cazaly acquired full control of the project.

“The results are excellent and extend the known mineralisation at Mount Angelo North whilst confirming the high-grade continuity of the deposit,” Cazaly Resources CEO Tara French said in the company’s ASX announcement.

“We are now looking forward to updating the resource and further exploring the wider region for further mineralisation.”






Email: admin@cazalyresources.com.au


Web: www.cazalyresources.com.au



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