Tyranna Resources gets busy as it progresses gold strategy
Drilling is underway at two projects and gold investments are increasing in value.
Company
ASX:KAI
Kairos Minerals is an Australian gold explorer, focused on advancing its 100%-owned flagship 1.4 Moz Mt York Gold Project, in the heart of the mineral-rich Pilbara region in Western Australia. To date, Kairos has defined 4.2km of continuous gold mineralisation within a single, large-scale pit shell at Mt York and recently secured access to an additional 1,500m of well-mineralised strike along the Main Trend.
71 stories · page 3 of 4
Drilling is underway at two projects and gold investments are increasing in value.
Completion of the Mt York drilling program indicates an extension of gold mineralisation.
The latest drill results include some of the best intercepts achieved to date at Mt York.
Circa 1,000 metres of diamond drilling to follow up a grass roots gold discovery.
The company's drilling intersected 8 metres at 3.35 g/t gold from 55 metres.
A 10 kilogram stream sediment sample returned 28 pieces of gold.
Several high-profile discoveries reported recently in the Pilbara region.
The halt will remain in place until Thursday 9th November 2017.
The company’s cash resources expected to rise to over $10 million.
The halt will remain in place until Wednesday 25th October 2017.
Tyranna has a 49% share in the joint venture that owns the Wilcherry Project.
The company's tenements are located adjacent to recent major gold discoveries.
Shares in Tyranna closed yesterday up 14% to $0.016.
Kairos has traded 33 million shares by 11:45am today.
Trade in Kairos is fast and furious today, with the stock moving sharply higher.
Field assessment is currently underway across the company’s tenement portfolio.
The halt will remain in place until Friday 15th September 2017.
The halt will remain in place until Monday 24th July 2017.
The intersections are over a continuous strike of at least 700 metres
The halt will remain in place until Wednesday 12th July 2017.