Kairos Completes 27,000m Drilling, Eyes Resource Boost at Mt York
Kairos Minerals wraps up its largest drilling campaign at Mt York, revealing promising gold zones and signing a key mining agreement with the Nyamal people, while gearing up for a resource update and further exploration.
- 128 drill holes totaling nearly 27,000m completed at Mt York in 2025
- High-grade gold intercepts extend mineralisation at Main Hill and Breccia Hill
- Landmark Mining Agreement signed with Nyamal Aboriginal Corporation
- A$27 million raised via placements to fund ongoing exploration and studies
- Two new gold prospects identified at Roe Hills for drilling in early 2026
Mt York Drilling Campaign Delivers Strong Results
Kairos Minerals has completed its most extensive drilling program to date at the Mt York Gold Project in Western Australia's Pilbara region. Over 2025, the company drilled 128 holes covering nearly 27,000 metres, focusing heavily on the Main Hill Extension prospect. This campaign has uncovered wide zones of gold mineralisation, including several high-grade intercepts that reinforce the project's potential for resource growth.
Notable drill results include intercepts such as 51 metres at 2.42 grams per tonne gold from 54 metres depth, featuring a spectacular 1 metre at 76.81 grams per tonne. These findings extend the so-called 'Monster' zone beneath Main Hill and demonstrate continuity of mineralisation along the 4.5-kilometre Main Trend. The results also highlight promising deeper mineralisation at Breccia Hill and Gossan Hill, suggesting significant upside remains open at depth.
Strategic Mining Agreement with Nyamal Aboriginal Corporation
In a significant development for community relations and project advancement, Kairos signed a Mining Agreement with the Nyamal Aboriginal Corporation (NAC) during the quarter. This agreement establishes a framework for cooperation, cultural heritage protection, and economic participation by the Nyamal people in the Mt York Gold Project. It includes provisions for employment, contracting opportunities, milestone payments, and royalties once commercial production begins.
The agreement marks the culmination of a year-long dialogue and reflects Kairos's commitment to responsible development that respects Indigenous heritage and fosters local partnerships.
Capital Raising and Financial Position
Kairos successfully raised approximately A$27 million through placements to domestic and international institutional investors. The placement price was set at A$0.04 per share, slightly above recent trading averages, underscoring investor confidence. These funds are earmarked to support ongoing drilling, feasibility studies, and exploration activities at Mt York and the Roe Hills Gold Project.
At quarter-end, Kairos held a cash balance of A$25 million, with an additional A$10 million expected from PLS in early February, providing a solid financial runway for its ambitious exploration and development plans.
Roe Hills Project, New Targets on the Horizon
Beyond Mt York, Kairos has identified two promising gold prospects, Terra and Caliburn, within its Roe Hills Project in Western Australia's Goldfields region. Both prospects exhibit encouraging historical drill results and geological features indicative of significant gold mineralisation. The company plans to commence a 3,000-metre reverse circulation drilling program in the first half of 2026 to test and potentially define maiden gold resources at these sites.
This diversification into a second region with established mining infrastructure could provide additional growth avenues for Kairos.
Looking Ahead
Kairos is on track to release assay results from the Main Hill Extension drilling in February 2026, which will feed into an updated Mineral Resource Estimate (MRE) for Mt York expected in the first half of the year. The company is also advancing preparatory work for a prefeasibility study, aiming to refine project economics and development pathways.
With strong drilling results, a landmark Indigenous partnership, and a robust capital position, Kairos is positioning itself for a pivotal year in advancing its flagship gold projects.
Bottom Line?
Kairos’s next resource update and assay results will be critical in defining the scale and value of Mt York’s expanding gold system.
Questions in the middle?
- How will the pending Main Hill Extension assay results impact the updated Mineral Resource Estimate?
- What are the timelines and specific terms for production milestones and royalties under the Nyamal Mining Agreement?
- Can the Roe Hills drilling program deliver a maiden resource that meaningfully diversifies Kairos’s project portfolio?
