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Kairos Minerals ( (AU:KAI) ) just unveiled an announcement.
Kairos Minerals Ltd has commenced a significant drilling program to extend its Mt York Gold Project in Western Australia. The initiative involves 10,000 meters of reverse circulation and diamond drilling aimed at expanding the existing 1.4 million-ounce gold resource. The company anticipates updating its mineral resource estimate in early 2026, with the potential to add substantial new resources from the extension area, which has seen limited historic drilling. This development is expected to enhance Kairos’ resource base and strengthen its position in the gold mining sector.
The most recent analyst rating on (AU:KAI) stock is a Buy with a A$0.09 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, primarily focused on gold exploration and development. The company is engaged in expanding its Mt York Gold Project in Western Australia’s Pilbara region.
Average Trading Volume: 11,424,060
Technical Sentiment Signal: Buy
Current Market Cap: A$117.9M
Learn more about KAI stock on TipRanks’ Stock Analysis page.