Resource Growth Hinges on Carlindi Drilling After Kairos’ Pincunah Buy

Strategic Expansion of Mt York

Kairos Minerals Ltd (ASX, KAI) has taken a decisive step to bolster its flagship Mt York Gold Project in the Pilbara region of Western Australia by acquiring the Pincunah Project from Trek Metals Ltd. This acquisition adds four granted exploration licences and one application, covering a substantial 167.8 square kilometres directly adjoining the existing 1.4 million ounce Mt York resource.

The Pincunah Project is particularly compelling due to its geological continuity with Mt York, especially the southeast extension of the banded iron formation (BIF) that hosts the gold mineralisation at Mt York. Historic drilling at the Carlindi Prospect within Pincunah has returned encouraging shallow, high-grade gold intercepts, including standout results such as 6 metres at 9.08 grams per tonne gold from just 4 metres depth.

Unlocking New Gold Targets

Kairos plans to capitalise on these promising results by prioritising drill testing at Carlindi in the first half of 2026. The objective is to delineate a maiden gold resource that could serve as a satellite deposit to the Mt York project, potentially enhancing the overall resource base and project economics. The company’s Managing Director, Dr Peter Turner, emphasised the strategic value of tying up the belt around Mt York, which now includes an additional 367 square kilometres where Kairos owns gold rights.

Beyond gold, the acquisition also brings the Valley of the Gossans Prospect into Kairos’ portfolio, an area that has yielded significant base metal and silver mineralisation consistent with a volcanogenic massive sulphide (VMS) system. Historic drilling here has returned impressive silver intercepts, including 34 metres at nearly 100 grams per tonne silver, which Kairos intends to follow up as part of its broader exploration strategy.

Well-Funded for Growth

The acquisition deal is structured with an initial $200,000 payment split evenly between cash and Kairos shares, plus a further $200,000 in performance rights that vest upon defining a gold resource of at least 50,000 ounces at a minimum grade of 1 gram per tonne within five years. This aligns the interests of both parties in the project’s success while preserving Kairos’ strong cash position, which stands at $30.4 million following a recent capital raise, with an additional $10 million expected from Pilbara Minerals in early 2026.

Kairos is also preparing to deliver an updated Mineral Resource Estimate for Mt York later this quarter, which will incorporate a 1,500-metre northern extension of the Main Hill deposit. This update, combined with the expanded landholding and planned drilling, positions Kairos for an accelerated exploration and development campaign throughout 2026.

Looking Ahead

With a commanding land position, robust historic data, and a clear exploration roadmap, Kairos is well placed to advance Mt York towards a major gold development project. The integration of Pincunah’s data and the upcoming drilling programs will be critical in defining the project’s next phase of growth and unlocking further value for shareholders.