- Kairos Minerals (KAI) identifies at least seven new lithium targets from over 3500 soil samples collected at its Roe Hills project in Western Australia
- The lithium anomalies are coincident with minerals associated with fractionated granites and pegmatites, especially highly fractionated LCT pegmatites
- Further, the new anomalies are coincident with mapped granites and require immediate field verification and follow-up mapping and sampling prior to drilling
- The company confirms an additional soil sampling programme covering the rest of the northern tenements will be undertaken as several high-priority geological targets exist
- Shares in Kairos end the day 3.3 per cent in the green to close at 3.3 cents
Kairos Minerals (KAI) has identified at least seven new lithium targets from over 3500 soil samples collected at its Roe Hills project in Western Australia.
The lithium anomalies are coincident with minerals like caesium, rubidium, and tin which are associated with fractionated granites and pegmatites, especially highly fractionated lithium-caesium-tantalum (LCT) pegmatites.
Further, the new anomalies are coincident with mapped granites and require immediate field verification and follow-up mapping and sampling prior to drilling.
“These quality and exciting soil targets highlight the lithium prospectives at Lake Roe, where we are targeting buried spodumene-bearing pegmatites,” Managing Director Peter Turner said.
“We know that this area is fertile hunting ground in the shadow of the Manna Lithium deposit, and our 2.6 kilometre long Black Cat soil anomaly shows huge promise to be a Manna lookalike.
“We now also have an additional half-a-dozen high-quality, new lithium-beryllium-caesium-gallium-rubidium-thallium soil anomalies associated with mapped and
interpreted granites and pegmatites in the area which add to the project pipeline.”
The company confirmed an additional soil sampling programme covering the rest of the northern half of the Roe Hills tenements will be undertaken as several high-priority geological targets exist especially around buried granitic rocks close to Manna.
Kairos’s Black Cat anomaly has been cleared for drilling and the southern half of the anomaly will be subject to an initial 1000-metre of reconnaissance-level reverse circulation drilling, subject to drill rig availability.
Shares in Kairos ended the day 6.45 per cent in the green to close at 3.3 cents.