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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

Post by Stockydocon Mar 14, 2022 12:25pm
82 Views
Post# 34511971

Lots of potential with $KALO

Lots of potential with $KALOIn case you haven't read it, give this article on Fiji's Ring of Fire a read Ring of Fire article. Nice to see the potential here with the "Ring of Fire" hosting several world-class copper-gold porphyry and epithermal gold deposits. 

$KALO.v owns the 36,700 hectare Vatu Aurum Gold Project in Fiji and commenced its phase 2 drill and surface exploration program focused on the Qiriyaga Zone in January. Qiriyaga has great potential, as geophysical results indicate past drilling was too shallow and an IP survey in 2021 outlined several drill targets to hit in phase 2. Drilling has confirmed the Qiriyaga Hill mineralization and the company expects to significantly expand resource potential in this phase.

Looking forward to the results from Phase 2 of the drilling program. $KALO.v is on a slight downtrend today and currently sits at $0.17, so it could be a good time to add a position. Keeping an eye on this one.
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