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The latest update is out from Kairos Minerals ( (AU:KAI) ).
Kairos Minerals Ltd has announced promising results from its drilling activities at the Mt York Gold Project’s Main Hill prospect. The recent drilling has extended the ‘Monster Zone’ by 250 meters to the east and at depth, indicating strong mineralization potential and the possibility of expanding the resource scale. The company plans to increase its Stage 1 drilling program from 20,000 meters to 30,000 meters, which is expected to positively impact the Mt York Mineral Resource Estimate update. These developments suggest significant growth potential for Kairos Minerals and could enhance its position in the gold mining industry.
The most recent analyst rating on (AU:KAI) stock is a Buy with a A$0.05 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 Ltd is a company operating in the mining industry, focusing on gold exploration and development. Its primary project is the Mt York Gold Project located in the Pilbara region of Western Australia, where it aims to expand its gold resources.
YTD Price Performance: 207.69%
Average Trading Volume: 6,285,093
Technical Sentiment Signal: Buy
Current Market Cap: A$107.8M
See more data about KAI stock on TipRanks’ Stock Analysis page.