Kairos Drills Deep and Wide at Mt York, Eyes Resource Boost in 2026

Drilling Delivers Encouraging Gold Intercepts

Kairos Minerals Ltd (ASX – KAI) has announced a fresh tranche of drilling results from its flagship Mt York Gold Project in Western Australia's Pilbara region. The latest assays from 12 additional drill holes at the Main Hill and Breccia Hill prospects reveal substantial gold intercepts, including standout hits such as 51 meters at 2.42 grams per tonne (g/t) gold starting from 54 meters depth. These results reinforce the continuity and scale of mineralisation along the Main Trend, a 3,000-meter-long gold system that has been the focus of Kairos' 2025 exploration efforts.

The 2025 drilling campaign, now complete, comprised 128 holes totaling 26,971 meters, combining both reverse circulation and diamond drilling techniques. This extensive program targeted both extensional and infill zones to upgrade and expand the existing resource base. Notably, the discovery of new shallow, high-grade mineralisation between Main Hill and the Main Hill Extension prospects signals promising upside potential beyond the current resource boundaries.

Awaiting Results from Mt York Extension

While the Main Trend drilling results are fully reported, assay results from 46 holes drilled on the 1,500-meter-long Mt York Extension prospect remain pending. This extension lies on tenement E45/2241, where Kairos holds mineral rights through an agreement with Pilbara Minerals Limited (PLS). Early geological observations indicate the presence of sulphide-bearing banded iron formation rocks, which are typically associated with gold mineralisation in the region. The pending results, expected in the first quarter of 2026, could significantly augment the overall resource estimate.

Kairos plans to integrate all 2025 drilling data into a comprehensive Mineral Resource Estimate (MRE) update for the entire 4,500-meter Main Trend and its extension. This will be the first time the resource is estimated on such a scale, potentially reshaping the project's development trajectory.

Strong Financial Position Supports Ongoing Exploration

Financially, Kairos is well positioned to advance its exploration and development plans. The company reported a cash balance of $30.4 million following a recent capital raise, with an additional $10 million expected from PLS in early 2026, either in cash or shares. This robust funding base underpins ongoing metallurgical test work and geotechnical studies aimed at refining the project's economics and mine planning.

Managing Director Dr Peter Turner highlighted the safety and operational excellence demonstrated during the drilling campaign, emphasizing the team's commitment to advancing the project responsibly. He expressed optimism that the consistent wide zones of mineralisation encountered will translate into a meaningful resource increase, setting the stage for further growth.

Looking Ahead

With the 2025 drilling program wrapped up and assay results from the Mt York Extension imminent, Kairos is poised for a pivotal phase. The upcoming resource update will be a critical milestone, potentially unlocking new value for shareholders and positioning Mt York as a significant gold development opportunity in the Pilbara. Meanwhile, ongoing exploration across Kairos’ broader tenement portfolio, including the Roe Hills Project, continues to offer additional avenues for discovery and growth.