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Kairos Gold Inc
Symbol KIRO
Shares Issued 39,212,767
Close 2026-05-08 C$ 0.75
Market Cap C$ 29,409,575
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Kairos outlines phase 3 drill program at Las Garillas

2026-05-08 16:18 ET - News Release

Ms. Michelle DeCecco reports

KAIROS GOLD ANNOUNCES PHASE THREE DRILL PROGRAM TO ADVANCE THEIR GOLD PROJECT AT ORO BRILLANTE, CHILE

Kairos Gold Inc. has discussed its plans for the phase three drill program at Oro Brillante, located within the company's 100-per-cent-owned Las Garillas project in the Coquimbo region of Chile.

Building upon the success of the previous two drill campaigns and extensive surface exploration, the upcoming program is intended to support the collection of data required for a mineral resource estimate.

Highlights

  • Phase three diamond drill program planned for 10 holes totalling approximately 3,100 metres;
  • Permits submitted to SERNAGEOMIN; site preparation under way;
  • Infill drilling designed to improve continuity and confidence;
  • Program intended to support a National Instrument 43-101 mineral resource estimate.

Located within Chile's prolific central porphyry belt, the company's properties are situated in one of the world's most significant metallogenic regions known for hosting large-scale gold and copper deposits. The Las Garillas project encompasses approximately 1,900 hectares, including the 104-hectare Oro Brillante concession, which is the focus of the phase three program.

The drilling program is designed to systematically expand and refine the known mineralized footprint at Oro Brillante through targeted infill drilling. The program will test the continuity of mineralization and target extensions at depth along the primary northwest-southeast structural corridor within the broader Las Garillas project.

The project benefits from established access, favourable topography and a geological setting consistent with both high-grade vein systems and bulk-tonnage, porphyry-style mineralization.

Past exploration at Las Garillas

In 2024 and 2025, the company completed 10 diamond drill holes totalling 3,003 metres. Importantly, results support the interpretation of a district-scale system, with mineralization extending beyond the immediate Oro Brillante area.

Highlights

  • Drilling confirmed mineralized intrusive and structurally controlled zones across the target area, intersecting granodioritic and granitic intrusions with strong hydrothermal alteration.
  • Identified a complex system consisting of gold, silver and copper sulphides, including pyrite, chalcopyrite and minor sphalerite and molybdenite.
  • Mineralization is associated with widespread quartz-carbonate veining and occurs in stockwork, vein and breccia-hosted systems, consistent with a hydrothermal mineralizing environment.
  • Defined large hydrothermal alteration system (200 to 600 metres wide) controlled by a major structural corridor.
  • The overall system demonstrates potential for bulk-tonnage, porphyry-style mineralization at depth.

Strong surface results indicate significant upside

Surface exploration has returned compelling results across the property, including:

  • Rock samples up to 61.0 grams per tonne Au, 2.85 per cent Cu and 329 g/t Ag;
  • Drilling intersected disseminated mineralization with assay values reaching 14.9 g/t Au, 0.51 per cent Cu and 54.7 g/t Ag.

Mineralization remains open in multiple directions, with anomalies identified well beyond the core drilling area, highlighting strong future expansion potential. Some of the strongest results encountered to date occur within 50 metres of surface, which may be favourable for future development considerations.

Michelle DeCecco, chief executive officer of Kairos Gold, commented: "Advancing to our third drill program at Oro Brillante demonstrates the confidence we have in the project. The scale of alteration, strength of the surface results and consistency of the drilling to date all point to a mineralized system that warrants continued, focused exploration.

"We believe this is only the beginning. The proximity between Las Garillas and the company's cornerstone property, Carmona, highlights the broader long-term district-scale potential across our regional land package in the Coquimbo region. From here, our focus remains clear: keep drilling and follow the geology; it's about testing the system and understanding how far it extends."

The company will continue preparations for the phase three program, with drilling expected to commence in mid-May and be completed over a 12-week period. The program is budgeted at approximately $1.3-million (U.S.). Assay results will be disseminated throughout the drilling campaign as they become available.

Regional upside -- Carmona property

Beyond Oro Brillante, the company continues to evaluate the broader regional potential across its consolidated land package. Kairos's cornerstone property, Carmona, is located within the same regional structural corridor, approximately seven kilometres by road.

The Carmona property, at approximately 7,500 hectares, hosts three extensive gold-silver-bearing porphyry-related high-sulphidation epithermal alteration systems covering an estimated 18 square kilometres of surface expression. Historical exploration and small-scale mining activities have identified significant high-grade precious metal mineralization, including reported sampling values ranging from 50 to 76 g/t gold and 780 to 1,153 g/t silver from vein-hosted systems.

Additional lithogeochemical sampling from veins and surrounding alteration zones returned values ranging from one to 29.5 g/t gold, two to 233 g/t silver and 0.55 per cent to 6.8 per cent copper over widths of approximately 1.5 to 15 metres.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Rodrigo Vasquez, PGeo, who is a qualified person as defined under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Kairos Gold Inc.

Kairos Gold is focused on advancing a portfolio of mineral exploration properties, spanning 22,433 hectares across five projects in Chile, positioned within the prolific Chilean mega porphyry belt that is known for its rich deposits of gold, silver and copper. Kairos Gold is advancing its exploration strategy with a focus on near-term drill targets and long-term resource growth.

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