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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

Post by Justdosomeddon Jan 31, 2022 3:31pm
89 Views
Post# 34380693

Severely Undervalued at These Levels

Severely Undervalued at These Levels
Fiji isn't a super common place to hear about gold exploration projects, but things are looking attractive for $ALO.Vdue to the high-grade samples and location. $KALO.V has a few impressive features on their flagship,Vatu Aurum project.
 
- 100% owned 36,700-hectare property
- Located along the Ring of Fire with good infrastructure and access (They own a drilling rig which lowers costs and improves efficiency)
- High-grade potential with results returning up to 6.27 g/t in phase 1
 
With phase 2 now commencing, $KALO plans on drilling the high-priority targets to continue to confirm mineralization and expand the gold zones. Results from the phase 2 program are something to keep an eye on as they continue moving forward on their exploration plans.
 
Gold prices are sitting comfortably near $1800 USD/oz, and prices seem to have been slowly trending higher and higher since the end of September. Plus, with commodities rising in prices due to economic and social uncertainty, it's definitely worth it to have a few gold mining such as $KALO on the watchlist. $KALO is significantly undervalued right now, with a market cap of only $13.4M even after today's 10% breakout.
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