KALO Current Work at Vatu Aurum As a recession looms due to the negative treasury yield curve, moderating inflation, and strong job market, the gold market stands to benefit, with technical evaluations pointing to a bullish outlook in 2023.
KALO KALO.v (up 7.7% today) is currently working at their flagship Vatu Aurum Project in the prolific ring of fire in Fiji and provided some updates last week.
Highlights
- CSMAT geophysical survey commenced on April 6th (covers approx. 12.5km covering the Qiriyaga Hill Prospect)
- April 7th road work began to allow access of a diamond drill rig to the Mouta Prospect)
- Geological team has been working diligently since mid-February to complete a thorough compilation of some 40 plus years of exploration data
- BLEG sampling program from the Qiriyaga Hill and Mouta Prospects has been completed (17 samples have been sent for analysis)
https://kalogoldcorp.com/2023/04/11/vatu-aurum-gold-project-exploration-update/