Kairos Announces Results from Sampling ON the First of the Recently Acquired Chilean Lithium Properties That Include Surface Brine Concentrations up to 740 Mg/L.
KAIROS ANNOUNCES RESULTS FROM SAMPLING ON THE FIRST OF THE
RECENTLY ACQUIRED CHILEAN LITHIUM PROPERTIES THAT INCLUDE
SURFACE BRINE CONCENTRATIONS UP TO 740 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 18, 2017 – Kairos Capital Corporation (“ Kairos”) is pleased to announce
that it has received assays from the first of its ongoing lithium brine and salt check sampling program on
the lands which were the subject of the recently closed Chilean Lithium Claims A cquisition. Highly
significant lithium, potassium and boron assays worthy of immed iate follow-up have been received from
both brine and salt samples at surface and within 1.5 m of surface. Sampling completed to date covers
approximately 38% of the 18 km2 Talar s alar claim group. The Talar claim group represents
approximately 13% of the total 266 km2 claim group which involving 5 sep arate salars which were
acquired by Kairos. All of the salars lie within Chile, in the heart of South America’s “Lithium Triangle”.
“The initial results released today on the first of 5 salar projects acquired by Kairos confirm management’s
conviction that the acquired lithium claims have excellent potential”. “These results, which were obtained
essentially from surface, confirm the existence of high lithium concentrations to which low cost
evaporative processing could be applied ” said Al Kroontje, Kairos’s President. Terry Walker, Kairos’
Chilean based VP of Exploration confirmed that “We look forward to aggressively following up these
results with additional phases of more detailed exploration, including drilling, to investigate the lithiu m
concentrations on the Talar project at depth – probably to depths up to 200 meters”.
Highlights
Surface brine results from south flank of the halite core at Talar salar range from a low of 260
mg/l to a high of 740 mg/l and average 485 mg/l over an area of 7 km2
The Talar salar is located 50 km SE of the Salar de Atacama , current source of 30% of the
World lithium production, within the same geological and physiograph ic zone as Salars
Pedernales and Maricunga, both containing significant lithium resources.
The Talar salar is readily accessible year round by road from the City of Calama.
Qualified Person
Mr. Terence Walker, M.Sc., P.Geo , qualified person within the mea ning 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 prepared and the subsequent brine analysis
was 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 the Lithium Claims , Kairos holds a property portf olio consisting of approximately
26,850 hectares on six separate claim block areas also 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”.
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press
release;
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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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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]