Kairos Announces Drilling Results from Salvadora One of its Legacy Copper/Gold/Silver Properties

Calgary, Alberta (FSCwire) - Kairos Capital Corporation (“Kairos” or the “Corporation”) is pleased to report the results from the first two holes of a first stage reconnaissance drilling program at its Salvadora copper/gold/silver property in Chile.  Salvadora is one of six copper/gold/silver projects that were part of Kairos prior to Kairos acquiring its significant lithium salar property portfolio.  This initial drilling program on Salvadora was undertaken to follow up the exploration work Kairos completed before closing the Lithium property acquisition at the end of last year.

The holes were drilled under and across two different mineralized structures that are evident on surface and which have been mined on a small scale in the past.  The two structure systems are known as La Fortuna and Feliz Retiro.  The results are as follows:

La Fortuna is one of three 15-50 meter wide structurally controlled copper, gold and silver mineralized systems that can be traced for over 4 kilometres across the NE quadrant of the Salvadora property. Hole Sal 02 was drilled to test the depth extension of surface oxide copper-gold mineralization grading up to 1.4% copper and 2.7g/t gold over 4.6 meters which was encountered during surface sampling. Hole SAL-02 encountered exclusively oxide mineralization the depth extent of which will have to be established with additional drilling.

Feliz Retiro is one of five 15-50 meter wide structurally controlled gold and silver mineralized systems that comprise the 300 meter wide by 6 kilometer long historic high grade Arco de Oro mine trend on the west half of the Salvadora Property. Hole Sal 01 was drilled to test the depth extension of high grade oxide gold-silver mineralization grading up to 154 g/t gold over 1 meter encountered during surface sampling. Hole SAL-01 encountered exclusively oxide mineralization the depth extent of which will also have to be established with additional drilling.

Terence Walker, Kairos’ VP Exploration in Chile noted: “by drilling across these two separate structure systems that are evident at surface, our aim was to obtain initial indications about the widths and grades of mineralization within the systems. This drilling was funded from the remainder of the funds raised by Kairos on January 4, 2017 while the funds raised from Kairos’ March 16, 2017 private placement will be used to advance Kairos’ Lithium property portfolio upon which highly encouraging results have already been obtained. Given these results from Salvadora, Kairos wishes to conduct additional drilling across both the La Fortuna and Feliz Retiro systems to better understand the depth to which these structures might extend as well as along strike given that the systems can be traced at surface for over 4 kilometers in the case of La Fortuna and over 6 kilometers in the case of Feliz Retiro.  We will investigate alternative methods to fund additional drilling on these structures and look forward to conducting that further drilling in the near future”.

Qualified Person

Mr. Terence Walker, M.Sc., P.Geo, qualified person within the meaning of National Instrument 43-101, has reviewed the contents of this news release. During the course of the drilling program all samples were cut from the drill core using a diamond saw by experienced Kairos staff under the supervision of Eric Hanson P.Geo, a qualified person within the meaning of National Instrument 43-101. Each sample, consisting of one half of the relative core interval selected, was bagged and sealed on site and delivered by Kairos staff to the ALS prep-lab in Copiapó for processing. ALS subsequently shipped a 30g sub-sample pulp to their laboratory in Lima, Peru where they were analysed for gold by fire assay pre-concentration, AA finish and 35 other elements, including copper and silver, by the ICP technique following Agua Regia digestion.

About Kairos

Kairos is engaged in advancing a significant Lithium property portfolio consisting of approximately 360 square kilometers on 7 different salars in Chile.  Sampling conducted by Kairos to date has yielded Lithium assay results from at and near surface brines of up to 1410 mg/l and 1110 mg/l on 2 of its 7 salar properties which approach the production grades from the Salar de Atacama.  The sampling program over Kairos’ Lithium property portfolio is ongoing.

In addition to its Lithium property portfolio, Kairos also holds a significant Copper/Gold/Silver property portfolio consisting of approximately 269 square kilometers over 6 different properties, also all located within Chile.  Kairos has been conducting preliminary exploration work, including surface sampling and mapping and IP surveys, on those legacy properties for the past 4 years.  Kairos intends to evaluate options to secure the funds necessary to follow up on its Salvadora drilling results and continue exploration work on other of its legacy Copper/Gold/Silver properties.  

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For further information contact

Al Kroontje, President

Kairos Capital Corporation

#900, 903 – 8^th Ave SW

Calgary, Alberta T2P 0P7

(403) 607-4009; or via e mail: al@kasten.ca

or:

Terence Walker, VP Exploration

La Serena, Chile

+56 98 129 2207 or via e mail: minerakairos@gmail.com

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