Kalo Gold Corp V.KALO

Vatu Aurum Gold Project Phase 3 Exploration

[StockHawk1]

Kalo Gold (KALO.v KLGDF) is planning to do more drilling at its Vatu Aurum Gold Project this year. 

The company is currently raising $2 million through a private placement to cover expenses for the next phase of exploration, which will include:

- Diamond drill testing 

- Following up on significant high-grade gold targets identified at the Qiriyaga and Mouta zones

- And geochemical & geophysical work (including a BLEG program & CSAMT survey) 

https://www.digitaljournal.com/pr/kalo-gold-announces-up-to-2000000-non-brokered-private-placement-share-offering

 

[XeniaTechie]

KALO’s $2M Non-Brokered private placement will accelerate their phase 3 exploration program at their 100% owned Vatu Aurum Gold project, a 367km2 land package located in the Ring of Fire. This project shares the same trend host to other major gold deposits including Vakukola Gold Mine still producing 7M oz+ since 1937. https://kalogoldcorp.com/project/