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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 StockDoctor101on Jan 03, 2023 4:03pm
141 Views
Post# 35201463

Gold outlook for 2023

Gold outlook for 2023Gold futures were up to a 6 month high earlier this morning and it looks like the outlook for gold in 2023 is positive. Eric Strand, manager of the AuAg ESG Gold Mining ETF, said that 2023 would yield a new all-time high for gold and the start of a “new secular bull market,” with the price exceeding $2,100 per ounce. If central banks decide to pivot rate hikes, gold could have a huge year and KALO.v (which is selling off today but has seen a 125% gain over the past month) could see significant upside with their land package in the Ring of Fire.
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