https://www.miningweekly.com
Building|Exploration|Gold
Building|Exploration|Gold
building|exploration|gold

Kairos raises cash for lithium and gold hunt

20th January 2022

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Junior Kairos Minerals has raised A$7.1-million through the exercise of options to fund gold and lithium exploration in Western Australia.

The company on Thursday announced that it had exercised more than 285.2-million options, at a price of 2.5c each.

“The success of the option exercise and underwriting leaves Kairos with a very healthy cash position to pursue our exploration objectives over the year ahead. Building on the high-quality work completed last year, we are ready to hit the ground running in 2022 to test a range of high-priority gold and lithium targets and strive for the breakthrough discovery we are all working towards,” said executive chairperson Terry Topping.

“With the recent exciting discovery of extensive lithium pegmatite targets and the Steamboat gold prospect outside of the current 873 500 oz mineral resource inventory at Mt York and the ramp-up of exploration for gold and lithium targets across our prospective Pilbara tenement package, we are gearing up for another very active exploration season.”

Edited by Creamer Media Reporter

Comments

Latest Multimedia

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
Updated 7 hours ago

Showroom

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.148 0.187s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: