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.

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Kalo Gold Corp

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Post by partystockeron Oct 02, 2022 11:16pm

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Post# 35000799

Waiting for updates on KALO.v's latest acquisition.

Last month, Kalo Gold (TSXV: KALO) acquired the AxelGold Property, which hosts an alkalic-related gold system. This addition to the company’s portfolio should compliment its flagship Vatu Aurum Project in Fiji nicely.

This project acquisition was announced by Kalo on August 15, so I assume the company should be nearing some updates on what its plans are for these two projects. Definitely worth keeping an eye out for these.

KALO.v is currently trading at $.07m=, valued at $5.27 million.

https://ceo.ca/@accesswire/kalo-gold-enters-into-a-definitive-agreement-to-acquire

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle