Kairos Minerals Ltd (ASX: KAI) has taken another key step in its lithium and gold growth strategy with the appointment of highly regarded mining executive Mark Calderwood as a Non-Executive Director.
Mr Calderwood is a highly experienced exploration geologist and resources executive whose skills will complement those of Klaus Eckhof and Dr Peter Turner, who have recently joined the Kairos Board as Chairman and Managing Director respectively.
Mr Calderwood has more than 30 years’ experience in exploration and production. He has played key roles in the discovery of several world-class gold deposits including Edikan (Perseus), Kibali (Barrick-AGA) and Tarmoola (King of the Hills) in Western Australia.
His previous roles include Chief Executive of Perseus Mining, where he led the company from a micro-cap explorer to a $1.6B, ASX-100 gold producer. Mr Calderwood also has significant experience with LCT pegmatites, lithium exploration and mine development and is a co-author of a guidebook to the pegmatites of Western Australia.
“Mark brings a wealth of skills and experience which will be invaluable as we implement our strategy to unlock the full value of our WA gold and lithium projects,” Mr Ekhof said.
“He has extensive knowledge about exploring for both these metals and how to create significant shareholder value in the process”.
Kairos has also appointed Mark Falconer as Exploration Manager.
Kairos Managing Director Peter Turner said Mr Falconer is a highly accomplished geologist with more than 20 years of experience in the WA resources industry.
“Mark will bring invaluable skills in exploration, resource development and mining from his extensive experiences working for Gold Fields in open-cut and underground mine roles and as an accomplished senior exploration geologist and superintendent,” Dr Turner said.
“He is an outstanding addition to our team who will bolster our strategy to grow our Mt York Gold Project resource in the Pilbara and develop our lithium assets over our strategic landholding in the Pilbara and Eastern Goldfields.”
Kairos holds 2,026sqkm of highly prospective land surrounded by world-class lithium and gold projects including Pilbara Minerals’ Pilgangoora lithium mine, Mineral Resources’ Wodgina lithium mine and De Grey Mining’s world-class Hemi Project.
The company’s Pilbara Gold Project hosts a Mineral Resource of 873,500oz (indicated resource of 8.56Mt at 1.3 g/t and inferred resource of 12.36Mt at 1.28 g/t). Its Pilbara landholding is considered highly prospective for LCT pegmatites.
For further information please visit: https://www.kairosminerals.com.au/
