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An announcement from Kairos Minerals ( (AU:KAI) ) is now available.
Kairos Minerals has completed its largest-ever drilling campaign at the Mt York Gold Project, finishing 128 reverse circulation and diamond drill holes totalling 26,971m across the full 4.5km strike of the deposit, including first-time resource drilling at the Main Hill Extension prospect. Strong intercepts from Main Hill, Gossan Hill and Breccia Hill extend the high-grade ‘Monster’ zone and broader mineralised trends, with results expected to feed into an updated Mt York mineral resource estimate due in the first half of 2026. The company also signed a landmark mining agreement with the Nyamal Aboriginal Corporation over Mt York, strengthening the project’s development pathway, and identified two drill targets at its Roe Hills Project aimed at defining a maiden gold resource in 2026. Backed by approximately A$27 million raised during the period and a quarter-end cash balance of $25 million plus a further $10 million expected from Pilbara Minerals, Kairos enters 2026 well-funded to advance resource growth and project development across its Western Australian gold portfolio.
The most recent analyst rating on (AU:KAI) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Kairos Minerals stock, see the AU:KAI Stock Forecast page.
More about Kairos Minerals
Kairos Minerals is an ASX-listed exploration company focused on gold projects in Western Australia, principally the Mt York Gold Project in the Pilbara and the Roe Hills Project in the Goldfields. The company is advancing large-scale gold resource development, supported by recent capital raisings from domestic and international institutional investors and strategic agreements over key tenements.
Average Trading Volume: 7,420,720
Technical Sentiment Signal: Buy
Current Market Cap: A$134.7M
For an in-depth examination of KAI stock, go to TipRanks’ Overview page.