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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 > Update on Vatu Aurum Exploration Program!
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Post by waves1on Apr 11, 2023 4:07pm
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Post# 35389277

Update on Vatu Aurum Exploration Program!

Update on Vatu Aurum Exploration Program!
Kalo Gold (KALO.v KLGDF) has provided an update on the exploration program at its Vatu Aurum gold project located in Fiji!
Geophysical Program:
  • Commenced CSAMT geophysical program on April 6, 2023
  • Survey to cover ~12.5 square km covering the Qiriyaga Hill Prospect, including the high-grade epithermal gold mineralization of the Qiriyaga Hill and Vuinubu Ridge gold deposits
  • Will take ~1.5 months to complete
  • Additional details on diamond drilling will be reported following completion.
Diamond Drill Program:
  • Commenced improvement of 2.5km long historical access road for Mouta Prospect
  • Prospect is 330m long NE-trending soil anomaly characterized by coincident Au-Ag-As-Sb-Hg-Cu-Pb-Zn
  • Confirmed presence of gold-silver-copper mineralization at Prospect
Misc.
  • Geological, Geochemical and Alteration Modelling & compilation of 40+ years of exploration data underway
  • BLEG sampling program has been completed with a total of 12 samples sent for analysis
  • Regional scale infill stream sediment sampling program completed with 52 samples sent for analysis
Seems KALO could be in for a range of catalysts as work progresses and results are returned, making it one to keep an eye on IMO

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