Yesterday, Kalo Gold ($KALO.v) released a solid exploration and geological update from its Vatu Aurum Gold Project!
Sitting within a 300km long northeast-trending extensional fault zone containing multiple Eocene age Calderas, the project hosts a minimum of seven volcanic arc-related calderas and its geological setting is directly analogous to the Vatukoula and Tuvatu Gold Deposits.
Exploration identified extensive areas of hydrothermal alteration as well as several areas of intense clay sulfate alteration. The areas are interpreted to represent steam-heated alteration associated with several low-sulfidation epithermal gold systems.
Plus, large gold and epithermal pathfinder element soil anomalies with a significant number of gold in rock and trench sample results identified 15 named prospects.
Work completed to date in 2022 consists of geological and alteration mapping, rock and trench sampling and a 992.5m three-hole diamond drilling program with analytical results and certified assays to be released soon.
$KALO will be continuing its methodical exploration approach to advance the Project with ongoing field exploration, remote-spectral geology, and structural studies to define and prioritize possible alkaline-related epithermal gold targets.
Going to be keeping a close eye on $KALO as I'm eager for the assay results to be released
https://ca.news.yahoo.com/kalo-gold-provides-vatu-aurum-130500467.html