$KALO.v makes promising updates on the Vatu Aurum Gold Proj. The confirmation of a large epithermal gold system at Kalo Gold’s (TSXV: KALO) Vatu Aurum Project is a promising sign for the junior explorer.
In the company’s latest press release, CEO Terry Tucker stated, “Work to date has identified a large argillic alteration zone on the Qiriyaga Hill Prospect associated with high-grade epithermal gold mineralization and related to a caldera margin.”
The presence of at least six other analogous caldera features also presents an excellent opportunity for the discovery of additional potentially economic low sulphidation epithermal gold deposits. I’m interested to hear updates from Kalo as to how it is planning to further explore the Vatu Aurum project following this announcement.
You can parse through all the specific details of the company’s drilling results in the article linked down below.
$KALO.v is currently trading at $.075, valued at $4.78 million.
https://ceo.ca/@accesswire/kalo-gold-confirms-presence-of-a-large-epithermal-gold