Kairos Announces Additional Results ON TWO More of the Recently Acquired Chilean Lithium Properties That Include Surface Brine Concentrations up to 1410 Mg/L.
KAIROS ANNOUNCES ADDITIONAL RESULTS ON TWO MORE OF THE
RECENTLY ACQUIRED CHILEAN LITHIUM PROPERTIES THAT INCLUDE
SURFACE BRINE CONCENTRATIONS UP TO 1410 MG/L.
Not for distribution to U.S. news wire services or dissemination in the United States.
TSX Venture Exchange: “KRS” FOR IMMEDIATE RELEASE
CALGARY, ALBERTA January 23, 2017 – Kairos Capital Corporation (“ Kairos”) is pleased to announce
that it has received assay results from the Coipa sa and Turi Salar properties . Highly significant lithium,
potassium and boron assays were received. The results were obtained from both brine and salt samples
directly at surface and within 1.5 m of surface.
Sampling completed to date covers approximately 20% of the 113km2 Coipasa claims and about 25% of
the 61km2 Turi claim s which together comprise approximately 65% of the 266 km2 claim package
involving 5 separate salars that were acquired by Kairos in December 2016.
“These second round of results include lithium concentrations that are similar to the production grades at
the Salar de Atacama and therefore re -inforce management’s belief that that the acquired lithium claims
have excellent potential” confirmed Terry Walker, Kairos’s Chilean based VP of Exploration.
Highlights
Surface brine lithium concentrations from the west central and south east flanks of the halite
core at the Coipasa salar range from a low of 297 mg/l to a high of 1410 mg/l and average
615 mg/l over a combined area of 9 km2
Salar Coipasa is located on the Bolivian border within the same geological and physiographic
zone as the lithium enriched Salars de Maricunga and Pedernales in Chile and Salars Olaroz
and Cauchari in Argentina, part of the well renowned “Lithium Triangle” of South America.
Surface brine lithium concentrations from south and west flank s of the halite core at the Turi
salar range from a low 26 0 mg/lt to a high of 580 mg/lt and average 44 0 mg/lt over and
area of 6 km2.
Salar Turi is located 75 km north of and within the same geological and physiographic zone
as the Salar de Atacama, the current source of approximately 30% of the world’s l ithium
production – also within the “Lithium Triangle”.
Qualified Person
Mr. Terence Walker, M.Sc., P.Geo , qualified person within the meaning of National Instrument 43 -101,
has reviewed the contents of th is news release. Individual brine and salt samples where collected from
surface pools and shallow 0 .5 – 1.5m hand dug pits. Brine samples were collected in new 40 ml screw
top sterile vials that were sealed and tagged at the sample site. All samples were shipped to ALS
Patagonia Laboratories, Santiago, Chile, where they were p repared and the subsequent brine analyses
were performed at the ALS Laboratory in Vancouver, Canada.
About Kairos
Kairos is a Canadian Corporation whose common shares are listed for trading on the TSXV (ticker symbol
“KRS”). In addition to its lithium claims, Kairos holds a property portf olio consisting of approximately
26,850 hectares on six separate claim block areas located entirely within Chile which management
believes are highly prospective for copper/gold deposits.
Kairos has scheduled a special and annual general meeting of its shareholders for February 28, 2017
wherein the shareholders will be asked to approve a name change to “KairosChile Corporation”.
Reader Advisory
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press
release;
Forward Looking Statements
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forward-looking information can be identified by the use of forward -looking terminology such as "expects",
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certain actions, events or results "will" occur. In particular, this news release contains forward -looking
statements relating to, among other things, management of the Corporation's views regarding its
properties and the ability of the Corporation to conduct exploration on its properties.
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forecasts or projections set out in forward -looking statements. Those material factors and assumptions
are based on information currently available to the Corporation, including information obtained from third
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material factors are presented elsewhere in this news release in connection with the forward -looking
statements. You are cautioned that the following list of material factors and assumptions is not
exhaustive. Specific material factors and assumptions include, but are not limited to: the general stability
of the economic and political environment in which t he Corporation operates; the timely receipt of
required regulatory approvals; the ability of the Corporation to obtain future financing on acceptable
terms; currency, exchange and i nterest rates; operating costs; the success the Corporation will have in
exploring its prospects and the results from such prospects. Accordingly, readers should not place undue
reliance on forward -looking statements. The Corporation does not undertake to update any forward -
looking statements herein, except as required by applica ble securities laws. All forward -looking
statements contained in this press release are expressly qualified by this cautionary statement.
For further information contact
Al Kroontje, President
Kairos Capital Corporation
#900, 903 – 8th Street SW
Calgary, Alberta T2P 0P7
(403) 607-4009 or via e mail: [email protected]
or:
Terence Walker, VP Exploration
La Serena, Chile
+56 98 129 2207 or via e mail: [email protected]