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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 partystockeron Jun 13, 2022 3:27pm
103 Views
Post# 34753016

$KALO.v provides long-awaited updates on Vatu Aurum

$KALO.v provides long-awaited updates on Vatu Aurum

Kalo Gold (TSXV: KALO) has provided long-awaited updates on the Vatu Aurum project in Fiji!


Exploration of Vatu has identified extensive areas of hydrothermal alteration associated with several low sulphidation epithermal gold systems. Large gold and epithermal pathfinder element soil anomalies have also been identified, along with a significant number of gold-in-rock samples. 


Kalo’s next steps are to commence remote spectral geology and structural studies to integrate remote sensing data with the current exploration database. This will allow the company to define and prioritize gold targets for subsequent drilling. 


Really looking forward to seeing some metrics from Vatu Aurum, as the project holds a ton of opportunity for Kalo, currently valued at only $3.82 million. 


$KALO.v is currently trading at $.06. 


https://ceo.ca/@accesswire/kalo-gold-provides-vatu-aurum-gold-project-exploration

 
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