I've been looking at the location of some of KAI's projects and perhaps more importantly, the nearology of those projects to recent discoveries and other explorers with much larger market caps and considered it worthy of creating a new thread to discuss.
Breaker Resources' (BRB) share price has rocketed recently after announcing significant finds at their Lake Roe Project 100km east of Kalgoorlie. KAI is currently undertaking a drilling campaign at their own Roe Hills Projects which is immediately south of BRB's project and actually shares a common border. KAI announced late Dec that their drilling campaign on the Roe Hills Project will continue in January, with assay results due shortly.
I've mentioned it before, but the Creasy Group have spent a lot of money and time researching the Pilbara Conglomerate Gold theory with the CSIRO. Creasy Group, who also have a joint venture with Coziron (CZR) hold a lot of land where the Fortescue Group meets the basin and it just so happens that KAI also hold a lot of land surrounding the Creasy Group/CZR/Novo Resources leases that shares the same geology. These tenements are KAI's Croydon Project and a potential 22km strike length was announced for this project recently, where KAI mentioned they have been using helicopters and ex-Novo Resources & Creasy Group exploration manager George Merhi to pinpoint further areas for exploration.
Another conglomerate gold project I believe will perform well later on, is KAI's Taipan Project. This one is further east in the Pilbara and also shares borders with Novo Resources & ARV. From what I can gather, it actually looks to me as though KAI's project in this eastern region may have better exposure to the type of geology Quinton Hennigh (Novo Resources) mentions.
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