KAI 16.7% 1.1¢ kairos minerals limited

Ann: Pilbara Exploration Update, page-217

  1. 493 Posts.
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    Hi @Jimmy1977
    Welcome aboard.

    I think this may explain things a bit... From latest Ann dated Oct 5.

    • Kairos has expanded its ongoing drilling program at the Croydon Project to include the exciting Tierra prospect, with over 5,000m of drilling expected to be completed at both Tierra and Fuego.

    • 20 RC drill holes have been completed to date for a total of 3,815m at Fuego prospect, with the drill rig mobilizing to Tierra for a further ~1,500m of drilling.

    The 1500 meters remaining to be drilled at Tierra prospect would be 8 more holes approximately +/- 180m each. So we should get some news on Fuego first, and that would depend on how busy the assay lab is. The drilling, at this point is more or less scout drilling and it would be prudent for them to wait on results before taking the next step in drilling more holes.
    I know everyone hates to wait, but these things take time and patiently waiting is the name
    of the game at this stage of exploration. Hope this helps.

    Cheers
 
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