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Kairos Minerals (ASX:KAI) plans to quickly go airborne at its expanding Mt York gold project in the red-hot Pilbara region of Western Australia.
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After acquiring the adjacent Pincunah project from Trek Metals (ASX:TKM), Kairos is now moving quickly to gain a better understanding of the upside of the 1.4 million ounce Mt York asset and surrounding land holdings
Kairos managing director, Dr Peter Turner, told shareholders Pincunah has walk-up gold drill targets with historic hits, including six metres at 9.08 g/t at Carlindi.
The Pincunah move follows Kairos’ recent mineral rights agreement with PLS Group (ASX:PLS) over three exploration permits at Mt York.
“The acquisition of Trek’s Pincunah project adds to our commanding land position around Mt York and ties up the belt for future exploration and discoveries, complementing the additional 367 square kilometres of PLS Group ground around Mt York, where Kairos owns the gold rights,” Dr Turner said.
The Kairos boss noted there are indications that Pincunah has the potential to host nearby satellite gold mineralisation to the Mt York project: “[This is] a project that is rapidly shaping up to be a major gold development project in 2026.”
After undertaking its largest extensional resource drilling campaign at Mt York in CY25, Kairos is set to unveil an updated Mineral Resource Estimate for the project later this quarter.
Elsewhere, the company is moving quickly to gain a deeper understanding of its expanded land holdings and will fly a large-scale airborne electromagnetic (EM) survey.
It has already submitted Mt York core samples for testing by a number of geophysical methods, with suggestions EM surveying will readily identify the BIF-hosted gold mineralisation that occurs at Mt York.
“We are well funded for an accelerated exploration campaign at Mt York in 2026, with a strong cash balance of more than $30 million after a capital raising completed in October 2025,” Dr Turner stated.
The Mt York project is located around 55km southeast of De Grey Mining’s 11.2M ounce Hemi discovery, which led to a recent Pilbara gold rush.
Through Monday trade, KAI has been +3.75%.
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