Kairos Minerals (AU:KAI) has released an update.
Kairos Minerals has engaged GR Engineering Services to conduct a scoping study for its Mt York Gold Project in Western Australia, with the study evaluating processing rates between 3 and 5 million tonnes per annum based on promising drilling and metallurgical results. The project boasts a significant gold resource, with the company aiming to expand it beyond the current 1.6 million ounces. The results of the study, which will inform financial modelling and potential resource expansion, are expected to be completed within the September quarter of 2024.
For further insights into AU:KAI stock, check out TipRanks’ Stock Analysis page.
