quote from announcement........
Kairos’upcoming exploration program will
focus initially on the Croydon Prospect, where the Company has recently mapped thick sequences of the targeted lower Fortescue Group including the Mount Roe Basalt in close proximity to the historical alluvial gold mining centre of Croydon.
Historical accounts of Croydon include the following:
“In 1896 a prospector (Mr Anderson) picked up a 4.98kg gold nugget at Croydon.”
(Ref: GSWA Bulletin 127 The
Geology of the Pilbara Block and it’s Environs, Arthur H Hickman 1983)
“
The most important occurrences are those that were discovered between 1888 and 1892...including
Croydon....although there are no complete official
production figures from these mining centres it is clear from early accounts of mining history that these were very rich areas for nuggets, slugs, and finer eluvial and alluvial gold.”
(Ref: Report 70 Mineral Occurrences and Exploration Potential of the West Pilbara, I. Ruddock GSWA,
DOME 1999).
The Novo/Artemis and, most recently, De Grey
discoveries, including a significant quantity of gold nuggets
found at surface, are associated with a regionally extensive geological formation known as the Fortescue Group of rocks including the lower Hardey Formation and the Mount Roe Basalt.
Importantly, the presence of these sequences has now been verified extensively throughout Kairos’ tenements.
ps plus watermelon seed nuggets where found at Egin also...........
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quote from announcement........ Kairos’upcoming exploration...
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