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PILBARA GOLD LIMITED — AGM Information 2021
Nov 24, 2021
65554_rns_2021-11-24_4c7273db-1e03-4925-9ec0-ab081f30970f.pdf
AGM Information
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AGM Perth November 2021
TERRY TOPPING – EXECUTIVE CHAIRMAN

Corporate Summary

| ASX | Shares onIssue | Options onIssueKAIOG | UnlistedOptions onIssue | SharePrice | Market Cap | 12-MonthRange | Cash andliquid assetson hand | |||
|---|---|---|---|---|---|---|---|---|---|---|
| KAI | 1,675M | 285M** | 248M | 2.8cps | 47M | 1.0-9.1c | ~$5.1M * | |||
| BOARD OF DIRECTORS | * 30 Sept 2021 | |||||||||
| Terry ToppingExecutive Chairman | Bruno SenequeChief Financial Officer | Neil HutchisonNon-executive Director | ** Options 31 Dec 2021, 2.5cps | |||||||
| Fully underwritten for $7.1M | ||||||||||

- ➢ 13,400 soil samples taken covering over 1,000-line km.
- ➢ 17,980m of RC drilling
- ➢ 5,454m of AC drilling

Field Exploration 2021 Pilbara West Australia
➢ Mount York Project
- ➢ 873,000 oz gold Resource
- ➢ 14,988m of RC completed in 2021
- ➢ Scoping studies initiated (ongoing)
- ➢ New targets generated for follow up drilling
➢ Pilbara Regional Gold Exploration
- ➢ 2,026 sq km of tenure in the Pilbara WA
- ➢ Recent land increases with a focus on gold and lithium
- ➢ 5,454m AC drilling completed at Kangan gold and lithium project.
- ➢ Regional Mapping and CSIRO Ultrafine Soil sampling continuing, Hemi target generation
- ➢ Roe Hills WA Goldfields
- ➢ Prospective strike length of +40km – Gold and Nickel exploration
- ➢ RC drilling for 3,000m completed.


Australia – Expanded tenure in the Pilbara WA



Pilbara Gold Project – 3 Deposits 873,000 ounces

- ➢ The JORC Mineral Resource will underpin the commencement of open pit mining studies for the Pilbara Gold Project.
- ➢ The deposits are adjacent to the Lithium mines held by Pilbara Minerals some 120km south of Port Hedland and 75 south of the 6.8M oz DEG Hemi deposit.
- ➢ 15,000m of infill and extensional RC drilling completed, designed to expand the current resources and to bring a significant portion of the resources to Indicated and Measured.
| Deposit | Indicated | Inferred | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Tonnes (kt) | Au (g/t) | Ounces (koz) | Tonnes (kt) | Au (g/t) | Ounces (koz) | Tonnes (kt) | Au (g/t) | Ounces (koz) | ||
| Mt York | 6,844 | 1.29 | 284 | 10,419 | 1.23 | 413 | 17,263 | 1.26 | 698 | |
| Iron Stirrup | 797 | 1.63 | 41 | 843 | 1.65 | 45 | 1,639 | 1.64 | 86 | |
| Old Faithful | 925 | 1.33 | 39 | 1,102 | 1.41 | 50 | 2,027 | 1.37 | 89 | |
| Total | 8,565 | 1.33 | 366 | 12,364 | 1.28 | 507 | 20,929 | 1.30 | 873 |
Note: Numbers may not total due to rounding
(1) Resources are constrained by depths determined by a whittle shell that assumed basic economic parameters
- (2) Mt York comprises of the Breccia Hill, Main Hill and Gossan Hill deposits
- (3) Resource was previously released to the ASX on 4 March 2020
Mount York Deposit – best hole recently intersected

- ➢ Kairos completed 95 RC drill holes for a total of 14,988m at Mt York deposit. Results have been received from 67 holes to date, with best intercepts including:
- ➢ 32m @ 3.79g/t Au from 124m in KMYC128, including: 16m @ 6.62g/t Au from 132m, including: 4m @ 15.7g/t Au from 144m
- ➢ 36m @ 1.18g/t Au from 124m in KMYC127
- ➢ 8m @ 1.45g/t Au from 104m in KMYC130
- ➢ 20m at 1.58g/t from 28m in KYMC141
Pilbara Regional - Hemi style intrusive related gold targets

Kangan Project – 5,000m AC just 20km from Hemi discovery

- ➢ 5,545m of AC completed following a detailed review of 2020 work utilising CSIRO Ultrafine Geochem has highlighted numerous Intrusive Related Gold targets.
- ➢ More detailed Geochem has been completed during 2021
- ➢ Heritage surveys for follow up RC and further AC drilling on track.
- ➢ Follow up AC drilling underway.

Kangan Project – new gold target for follow up AC drilling


Wodgina Airport



Kangan Project – new lithium pegmatite targets

Page: 10
Wodgina Project – Significant unlocked Lithium potential

- ➢ Located between the Wodgina Tantalum Mine and Pilgangoora Lithium Mine, 100km south of Port Hedland.
- ➢ A new 1.7km long target area was defined by coherent and robust LCT anomalies, with values of up to 238ppm Li, 293ppm Cs and 78ppb Ta returned from Ultrafine+™ soil analysis .

Skywell Project – large Intrusive Related gold potential




Skywell Project – large Intrusive Related gold potential

Page: 13
KAIROS MINERALS (ASX:KAI) – Key milestones
- ➢ The Company has remained focussed exploration over the last 4 years in the Pilbara and Goldfields of West Australia.
- ➢ Strong cash balance of $5.31M at 30 September 2021
- ➢ $7.1M fully underwritten options due 31 December 2021
- ➢ 873,000 oz Resource and mining studies underway at Mount York.
- ➢ 17,980m RC program completed in 2021 at Mount York and Roe Hills.
- ➢ Over 13,400 soil samples collected in 2021 over 1,000-line km for new CSIRO Ultrafine analysis.
- ➢ 5,454m of AC drilling completed at Kangan.
- ➢ $US gold price of $US 1790/oz.
- ➢ Market Capitalisation of $51 million
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