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Kairos Minerals Limited (ASX:KAI)

ALERT: Price-sensitive ASX Announcement for KAI
Current share price for KAI : $0.710 0.67 (1,675%)+
Announcement
Release
4 Mar 2026 9:22AM
Price at Release
$0.040
Full Release
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Summary
Kairos Minerals Limited (ASX: KAI) announced the final results from their 2025 drilling program at the Mt York Gold Project, which reaffirmed the project's expansion potential. The results from the remaining 11 holes at the Main Hill Extension have shown promising gold mineralization, with one of the best intercepts being 8 meters at 3.81 g/t gold, including 1 meter at 11.16 g/t gold. These findings will contribute to an updated Mineral Resource Estimate (MRE) expected in the first half of 2026, incorporating about 27,000 meters of additional drilling. Kairos plans to continue aggressive drilling in 2026, targeting up to 50,000 meters at both Mt York and the Roe Hills Project. The company is also advancing towards a Pre-Feasibility Study for Mt York, supported by a strong $35 million cash reserve. The new drilling results and the anticipated resource updates are expected to significantly contribute to the project's development strategy.
Key Points
  • Final drill results from Mt York Gold Project reaffirm extension potential.
  • Best intercept: 8m @ 3.81 g/t Au, including 1m @ 11.16 g/t Au.
  • Updated Mineral Resource Estimate expected in H1 2026.
  • Up to 50,000m drilling planned for 2026 across Mt York and Roe Hills.
  • Project supported by $35M cash reserve.
  • Pre-Feasibility Study to be progressed for Mt York.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.