Kairos Minerals is poised to drill-test a not too long ago found 1km lengthy mild and heavy uncommon earths anomaly which has produced early outcomes going as much as 553 components per million complete uncommon earths oxide. The pending RC program at its Roe Hills mission, 100km east of Kalgoorlie additionally contains some tantalizing outcomes for neodymium and praseodymium throughout the Blue Jay prospect reaching as much as 126ppm, heavy uncommon earth oxides grading as much as 154ppm and light-weight uncommon earth oxides working as much as 420ppm .
Notably, the newest outcomes additionally returned very low ranges of the radioactive minerals of uranium and thorium.
With heritage approvals already at a sophisticated stage, the corporate is aiming for an preliminary 500m RC drilling program to check the goal and supply a higher understanding of the world’s mineralogy and financial viability of any potential uncommon earths extraction.
These are excellent outcomes which clearly reveal sturdy potential for a big uncommon earths discovery. The compelling nature of this anomaly is additional underpinned by the massive measurement, the consistency of the outcomes, the presence of each mild and heavy uncommon earths and the underlying granitic rock.
The corporate is already seeking to be part of the dots at its newest goal with mapping of the prospect already underway alongside a rock chip sampling program of granites and pegmatites from the world and its surrounds. Given the mission has additionally beforehand been earmarked for its lithium potential, testing of the chips collected will embrace evaluation for any extra pathfinder components for the extremely sought-after mineral that could be current.
The subsequent chapter in Kairos’ exploration plans seems to incorporate a stable shift on the drill rig at a number of websites throughout its Roe Hills mission. Alongside the corporate’s hunt for uncommon earths and lithium, additionally it is probing for gold at its Black Cat goal in addition to lithium at its Crystal Palace prospect. An preliminary 3000m RC drilling program will goal the lithium prospects, whereas the gold anomaly might be hit with a 1500m marketing campaign.
The Roe Hills mission covers 354 sq. kilometers of the Yilgarn Craton in an rising lithium province proven to host spodumene-bearing pegmatites, in addition to extra conventional greenstone-hosted gold and nickel mineralisation. The corporate’s tenements lie between Breaker Sources’ 1.7-million-ounce Bombora gold deposit 20km to the north and Silver Lake Sources’ half-million-ounce Aldiss mission to the south – all throughout the identical north-south trending greenstone belt.
Administration believes its rising Black Cat prospect presents in an analogous method to World Lithium’s close by Manna deposit which incorporates 32.7 million tonnes at 1.zero per cent lithium oxide.
Nonetheless, the sudden emergence of uncommon earths, which the corporate describes as a “good shock” may probably add one other profitable string to Kairos’ bow.
With China’s vice-like grip on the world’s provide of uncommon earths, the rumors this week of Beijing contemplating imposing an export ban on the commodity in response to america’ choice final yr to impose restrictions on exporting high-end semiconductors to Beijing would have despatched jitters throughout the business.
Such saber rattling is just extra more likely to improve the scramble for different avenues of provide and with the potential for a sizeable deposit to be situated on the doorstep of Kalgoorlie, Kairos may instantly discover itself in the fitting place on the proper time.
It is just early days for Kairos, however it is going to be fascinating to see what they’ll cowl as soon as the drill bit begins to show.
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