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Kalo Gold Corp V.KALO

Alternate Symbol(s):  KLGDF

Kalo Gold Corp. is a Canada-based gold exploration company. The Company is focused on several low sulphidation epithermal gold systems located on the flagship 367 square kilometer (sq km) Vatu Aurum Gold Project located in the Republic of Fiji and the AxelGold Property, an alkaline gold system, located in British Columbia. The Vatu Aurum Gold Project covers 367 square kilometers (km2). The Project consists of permits, SPL 1464 and SPL 1511, that cover a total of 366.91 square kilometers, which hosts a minimum of seven volcanic arc related calderas ranging between 1 km to 10 km in diameter in a geological setting that could be analogous to the alkaline related low sulphidation epithermal gold deposits of both the neighboring Vatukoula Gold Mine and the Lion One Metals' Tuvatu Alkaline Gold Project. The SPL 1464 covers 22,160 hectares and hosts the Qiriyaga Hill, Wainikoro and Mouta Caldera complexes. SPL 1511 covers 14,531 hectares, and the Coquelo Caldera complex.


TSXV:KALO - Post by User

Comment by Gbathaton Jun 25, 2022 9:14am
54 Views
Post# 34782154

RE:RE:RE:how does KLGDF

RE:RE:RE:how does KLGDF They certainly confirmed a broad range of mineralization indicative of a large gold deposit in the area.  Just a matter of time before they hit, and they have a great team of experts working the site and advising from afar.  

I still think this is a great opportunity.  The market cap is tiny.  The upside is massive.  They seem to manage their capital efficiently.  More fundraising will likely be required going forward, unless they get bought out after a big hit.  I'm curious how long the current funds will last.  Hopefully they're enough to get some more drilling done now that they're homing in on the big one.
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