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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 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.


TSXV:KALO - Post by User

Kalo Gold Corp
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Post by waves1on Mar 02, 2022 4:50pm
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Post# 34476752

KALO's Phase 2 drill program

KALO's Phase 2 drill programRecap of $KALO's its Phase 2 drill and surface exploration program at its 100% owned, 36,700-hectare Vatu Aurum Gold Project in Fiji:

The Phase 2 program is focused on the Qiriyaga Zone as Phase 1 delivered promising results, confirming the potential to be a much larger system as shown by the geophysical, magnetic, and other survey results.

Notably, the results indicate that past drilling was too shallow resulting in missing an extensive IP geophysical anomaly as well as a potential copper-gold porphyry system underlying the previously defined, large IP anomalies.

The Phase 2 program is focused on drilling the high-priority targets, expanding the Qiriyaga Zone and other prospects which could be a precursor to more impactful drilling and surveying if results are positive.

https://kalogoldcorp.com/2022/01/12/kalo-gold-corp-commences-phase-2-drill-program-at-vatu-aurum-gold-project/
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