The maiden drilling program at the Mt York Gold-Lithium Project in the Pilbara region of Western Australia commenced in late September.
Phase 1 of the current program is designed to evaluate extensions to the Old Faithful and Iron Stirrup gold deposits, both at depth and along strike.
Notably, the Mt York project already has total resources of 5.69 million tonnes at 1.42g/t gold for 258,000 contained ounces of gold.
The latest drilling has progressed well with four diamond holes totalling 1,178 metres completed to date at the Old Faithful Gold Deposit.
Each of the drill holes have encountered multiple zones of strong sulphide-bearing and quartz veined alteration, with assays pending.
Kairos has also received approval for the program of works for its 100%-owned Roe Hills Gold Project.
The project adjoins Breaker Resources NL’s (ASX:BRB) Lake Roe Gold Project in the Eastern Gold fields region, where a significant new virgin gold discovery has recently been confirmed.
An extensive gravity survey covering a 40 kilometre continuous package along the Aldiss fault was recently completed by Kairos, with initial results received.
The results are being interpreted by the company’s geophysical consultants, before finalising priority drill targets.
Drilling is scheduled to commence in early November.