Kairos Minerals Ltd KAIFF

Metals & Mining Industrial Metals & Minerals

Kairos Minerals Limited is an Australia-based exploration company targeting large-scale lithium and gold discoveries in Western Australia’s mining districts. Its Western Australian projects cover Archaean rocks with big deposits of gold, nickel, copper-lead-zinc deposits and recognized as hosting hard-rock deposits of valuable Lithium minerals, notably spodumene, in Lithium-Caesium-Tantalum (LCT) pegmatites. The Company’s Mt York Gold Project is an advanced gold deposit located 100 kilometers (km) south of Port Hedland in Tier 1 gold country. The project is four km south of Pilbara Minerals’ Pilgangoora Lithium-Tantalum Mine and occurs in the same prolific greenstone belt. The Company has 353 square kilometers (km2) of contiguous exploration licenses adjacent to Alchemy Resources’ and Breaker Resources licenses. Roe Hills Lithium Project is 100 km east of Kalgoorlie, Western Australia and is located within a spodumene-bearing pegmatite province hosting the Man.

OTCPK:KAIFF - Post by User

Kairos Minerals Ltd > GoodEnough writes

<< Previous

Bullboard Posts

Next >>

Post by Markedtofutureon Jan 04, 2018 6:28pm

427 Views

Post# 27284973

GoodEnough writes

I've spent a lot of time studying Pilbara tenement maps, and company announcements in relation to Pilbara conglomerate finds and their proximity to rock formations, more specifically, the Fortescue Group formation. If you read Novo's recent announcement and also the info available on their website, they now believe the majority of gold will be in conglomerate form and found on the edge of where the Fortescue Group meets the Granite & Greenstone basin. They actually don't believe much gold will be found in the Granite & Greenstone, Novo Resources now believe the bulk of the gold will be just on the Fortescue Group side of where this meets the basin. This definitely makes sense when you look at the leases Novo hold (marked in red) in relation to where the two formations meet. I've marked the edge of the Fortescue Group on the map in this post (the thick blue line), just click on the thumbnail to enlarge the map. The map was originally posted by john435 on the HC Short Term Trading Thread a month or two ago and I've been using it as a reference since then. I've marked KAI's leases in black for clarity. In my opinion, there are only a handful of junior explorers that will do extremely well from the looming Pilbara gold rush - ARV ($163mil mc), CZR($34mil mc), CLY ($15mil mc), BCI ($75mil mc), DGO ($12mil mc), DEG ($52mil mc), AMD ($7mil mc) and of course KAI ($35mil mc). I honestly believe that out of all 8, KAI host the best ground and are also in the best position to increase their market cap exponentially, thanks to having $10mil cash ready to spend on exploration, including the recent $5mil cash injection from billionare Eric Sprott, who also incidentally has $56mil invested in Novo Resources. It's also worth noting that the edge of the Fortescue Group lies on 4 of KAI's leases, including the lease to the east, just above Novo's and ARV's eastern leases. KAI's lease to the south of CLY has a lot of exposure to the edge of the Fortescue Group also.

People like Quinton Hennigh (Novo Resources) and Mark Creasy (Creasy Group) have spent 20 years looking for a discovery similar to Witswatersrand. There is even a U.S. based investment company that is now offering global investors the opportunity to be part of this, I think there will be tonnes of hype surrounding this in the coming months!

https://hotcopper.com.au/threads/kai-chart.3867698/#post-30052079