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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

Kalo Gold Corp
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Post by StockHawk1on Jan 05, 2023 4:34pm
89 Views
Post# 35205575

KALO raising money to drill at Vatu Aurum Gold Project

KALO raising money to drill at Vatu Aurum Gold Project

KALO.v bounced back today, closing up 11.11% today


This year, Kalo Gold (KALO.v KLGDF) is set to conduct more drilling at its Vatu Aurum Gold Project.  


Currently, the company is raising $2M through a private placement for exploration costs. 


Considering that it was confirmed in 2022 that Vatu Aurum contains a large epithermal gold system, I think that this year's drilling could yield very positive results


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

 
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