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The latest announcement is out from Kairos Minerals ( (AU:KAI) ).
Kairos Minerals has announced promising results from its ongoing drilling program at the Mt York Gold Project, with significant gold intercepts that support future resource growth. The company has completed 36 out of 80 planned drill holes, revealing high-grade mineralization that extends along the strike and at depth. These findings are expected to positively impact the project’s resource estimate later in 2025, potentially making Mt York one of the largest undeveloped gold resources in Western Australia. The company is accelerating its drilling efforts with an additional rig to further explore the Main Hill Prospect, aiming to convert inferred resources to indicated resources and enhance the project’s overall value.
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 Western Australia’s Pilbara region, where it aims to expand its gold resources and enhance its market position.
YTD Price Performance: 123.08%
Average Trading Volume: 4,030,326
Technical Sentiment Signal: Buy
Current Market Cap: A$78.93M
For a thorough assessment of KAI stock, go to TipRanks’ Stock Analysis page.