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

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Post by partystockeron Sep 08, 2022 4:17pm

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Post# 34950490

KALO.v seeing increased volatility.

Kalo Gold (TSXV: KALO) shares saw some crazy trading this week, jumping up 35%. Following this, paper hands took quick profits and shares have returned to trade at $.07.

Kalo recently entered into an agreement to acquire 100% of the AxelGold Project. The addition of this project adds another alkalic related gold deposit to its portfolio, alongside the flagship Vatu Aurum Project in Fiji.

Given this recent volatility, I’m interested to hear exploration plans and updates from the company regarding this new project. The right news could be a very strong catalyst to push shares into another big break away.

KALO.v is currently trading at $.07, valued at $5.13 million.

https://ceo.ca/@accesswire/kalo-gold-enters-into-a-definitive-agreement-to-acquire

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