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.

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Kalo Gold Corp > KALO.v makes a new addition to their portfolio, acquiring th

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Post by stockpatrolon Aug 19, 2022 7:05pm

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Post# 34908646

KALO.v makes a new addition to their portfolio, acquiring th

KALO.v makes a new addition to their portfolio, acquiring the AxelGold property neighbouring their flagship Vatu Aurum.

https://finance.yahoo.com/news/kalo-gold-enters-definitive-agreement-150000869.html?.tsrc=rss

Gotta be patient here, management owns 30% shares subject to 4 months, im feeling confident however with owners agreeing to 1 year voluntary lockup. I think this new project will be a solid addition to to their portfolio.

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