Kairos Announces Lithium Surface Brine Concentrations up to 1110 Mg/L from Continued Sampling ON TWO Additional Chilean Lithium Properties TSX Venture Exchange: “Krs”
KAIROS ANNOUNCES LITHIUM SURFACE BRINE CONCENTRATIONS UP TO
1110 MG/L FROM CONTINUED SAMPLING ON TWO ADDITIONAL CHILEAN
LITHIUM PROPERTIES
TSX Venture Exchange: “KRS” FOR IMMEDIATE RELEASE
CALGARY, ALBERTA March 27, 2017 – Kairos Capital Corporation (“ Kairos”) is pleased to announce
that it has received highly significant lithium values from its Helados and Ascotan properties. The results
were obtained from both brine and salt samples directly at surface and within 1.5 metres of surface from
hand dug pits and auger holes.
Highlights
1) Helados
Surface brine lithium concentrations from southwest flank of the laguna at Helados range
from a low of 390 mg/l to a high of 1110 mg/l and average 645 mg/l.
The Helados property is located 80 km east the Salar de Atacama just six km from the
highway between Chile and Argentina and lies within the same geological and physiographic
zone as the lithium enriched Salar de Maricunga and Salar La Isla.
2) Ascotan
Surface brine lithium concentrations from the west flank of the halite core at Ascotan range
from a low 280 mg/l to a high of 580 mg/l and average 465 mg/l.
The Ascotan property is located 120 km north of and within the same geological and
physiographic zone as the Salar d e Atacama, the current source of about 30% of World
Lithium production.
Sampling completed to date covers approximately 15% of the 77 km2 Helados property and about 25% of
the 15 km2 Ascotan property.
“This third round of results include lithium concentrations that are close to the productio n grades at the
Salar de Atacama and further re-enforces management’s belief that the acquired l ithium claims have
excellent potential” confirmed Terry Walker, Kairos’s Chilean based VP of Exploration.
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 were collected from
surface pools and shallow 0 .5 – 1.5m hand dug pits and auger holes . 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 prepared 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”).
Kairos currently holds a significant land position of approxim ately 360 square kilometers on seven salars
in Chile that are prospective for Lithium.
Kairos also holds a n additional portfolio of six properties totalling 269 square kilometers , also located
entirely within Chile that management believes hold excellent potential for copper/gold/silver deposits.
Kairos has completed a small reconnaissance drilling program on its Salvadora copper/gold/silver
property to test a number of surface copper-gold, geophysical and historical mining targets.
A reconnaissance sampling program over Kairos’ Lithium property package is ongoing.
Reader Advisory
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is de fined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press
release;
Not for distribution to U.S. news wire services or dissemination in the United States.
Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within
the meaning of applicable securities legislation (collectively " forward-looking statements"). Generally,
forward-looking information can be identified by the use of forward-looking terminology such as "expects",
"believes", "aims to", "plans to" or "intends to" or variations of such words and phrases or statements that
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.
Various material factors and assumptions are typically applied in drawing conclusions or making the
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
party industry analysts and other third party sources. In some instances, material assumptions and
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 interest rates; operating costs; and 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 applicable 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]