Kalo Gold Corp V.KALO

Alternate Symbol(s): KLGDF

Kalo Gold Corp is a Canada-based gold exploration company. The Company is focused on exploration for low sulphidation epithermal gold deposits on the Vatu Aurum Project located on the island of Vanua Levu (North Island) in the Republic of Fiji and the AxelGold Property, an alkaline gold system, located in British Columbia. The Vatu Aurum Gold Project covers an area of approximately 367 square kilometers (km2). The Project consists of two special prospecting licenses, namely SPL 1464 and SPL 1511. The SPL 1464 covers 22,160 hectares and hosts the Qiriyaga Hill, Wainikoro and Mouta Caldera complexes. The SPL 1511 covers 14,531 hectares, and the Coquelo Caldera complex. The Vatu Aurum Gold Project hosts a regional scale back arc basin, the Nubu Graben, and several volcanic arc related calderas. The AxelGold Property is an early stage greenfield alkalic related syenite related gold prospect.

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Kalo Gold Corp > gold grades from World Gold Council

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Post by Gbathaton Nov 11, 2021 9:57am

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Post# 34114456

gold grades from World Gold Council

Underground Mine:

Low grade	0 - 5 gold grams per tonne
Average grade	5 - 8 gold grams per tonne
High grade	8 + gold grams per tonne
'Bonanza' grade	Troy Ounces (31.1 grams) per tonne

So at the last drilling site, Kalo found some bands (about 2 m in depth) at 6 g/t ... average grade.

Hopefully at the next site they find 'bonanza' grade- that would be epic given the market cap on this gem is only $9m (soon to be $12m after ongoing financing round).

This is a ground floor opportunity. Not risk free... and a long way to go to production, but they seemed to think this next site has a good chance of being high grade... exciting months ahead.

cheers

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