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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

Comment by Gbathaton Jun 25, 2022 9:14am
73 Views
Post# 34782154

RE:RE:RE:how does KLGDF

RE:RE:RE:how does KLGDF They certainly confirmed a broad range of mineralization indicative of a large gold deposit in the area.  Just a matter of time before they hit, and they have a great team of experts working the site and advising from afar.  

I still think this is a great opportunity.  The market cap is tiny.  The upside is massive.  They seem to manage their capital efficiently.  More fundraising will likely be required going forward, unless they get bought out after a big hit.  I'm curious how long the current funds will last.  Hopefully they're enough to get some more drilling done now that they're homing in on the big one.
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