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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 waves1on May 18, 2022 4:14pm
93 Views
Post# 34693562

Eager for Vatu Aurum Phase 2 results

Eager for Vatu Aurum Phase 2 results
Good day in the green for Kalo Gold ($KALO.v) today, closing up almost 7% at $0.08! 
 
I'm hoping for some updates soon on $KALO's phase 2 drill program at its 100% owned Vatu Aurum Project - focused on the Qiriyaga Zone which had promising Phase 1 results, the program is leveraging the airborne IP and ground magnetic geophysical survey results which showed that the zone has the potential to be a much larger system. 
 
Representing a potential 3.3km x 1.7km potential gold mineralized area, the results also indicate that past drilling was too shallow, missing an extensive IP geophysical anomaly. The results additionally indicate a potential copper-gold porphyry system underlying the previously defined, large IP changeability anomalies. 
 
https://kalogoldcorp.com/2022/01/12/kalo-gold-corp-commences-phase-2-drill-program-at-vatu-aurum-gold-project/ 
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