KALO.v acquires the AxelGold Project. Kalo Gold (TSXV: KALO) has announced the acquisition of a second alkalic related gold project. The AxelGold Property, located in north central British Columbia, will be acquired from Agentis Capital Mining Partners, who holds 100% ownership.
This project compliments Kalo’s flagship Vatu-Aurum project in Fiji, where the company recently confirmed the presence of a large epithermal gold system. I’m looking forward to hearing updates from the company on what its plans are for exploration at the property.
Hopefully, the addition of a second project to Kalo’s portfolio will increase the company’s news flow rate going forward.
KALO.v is currently trading at $.07, valued at $4.46 million.
https://ceo.ca/@accesswire/kalo-gold-enters-into-a-definitive-agreement-to-acquire