-- Kairos Minerals (ASX:KAI) said the mineral resource estimate for its Mt York gold project in Western Australia has increased to 61.7 million tonnes at 1.05 grams per tonne grade of gold for 2.08 million ounces of gold, according to a Monday filing with the Australian bourse.
The company said 27,000 meters of drilling completed in 2025 delivered a 50% resource boost at a discovery cost of AU$13.40 per ounce.
The gold grade has also increased by 5% as a result of higher drilling density and the recognition of continuous zones of higher-grade mineralization, per the filing.
Additionally, a 50,000-meter drill program has commenced to target resource extension, infill, and exploration.
"Mt York has now become one of the largest undeveloped gold projects in Australia," said Kairos Managing Director Peter Turner. "We plan to have four rigs turning at Mt York for most of the year as we target additional ounces at this project."