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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 StockHawk1on Aug 10, 2022 5:11pm
59 Views
Post# 34886389

Results from KALO's Vatu Aurum drill program

Results from KALO's Vatu Aurum drill program

Results from Kalo Gold's (KALO.v KLGDF) 992.5m three-hole diamond drill program at its Vatu Aurum Gold Project included:

- 2 holes intersected pervasive argillic alteration (associated with epithermal gold veins)

- and that the holes outlined a large 3km by 1.5km argillic alteration zone (indicates the presence of a low sulphidation epithermal gold system)


Two gold deposits on the project sit within this argillic alteration zone and both are open along strike and down dip.


More info: https://ca.finance.yahoo.com/news/kalo-gold-confirms-presence-large-130500310.html


KALO @ $0.065

MC $4.142M

 
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