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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

Kalo Gold Corp
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Post by StockHawk1on Jan 12, 2023 4:13pm
70 Views
Post# 35219534

KALO holding yesterday's gains

KALO holding yesterday's gains

Kalo Gold (KALO.v KLGDF) held the 35% SP gains it made yesterday on the TSXV today keeping it only $0.005 below its 6-month high. 


The SP jump yesterday was likely due to KALO announcing it has raised $2.35M through 2 private placements. 


With this KALO is in a solid cash position to start the next exploration program at its flagship project, Vatu Aurum Gold.


https://kalogoldcorp.com/2023/01/11/kalo-gold-closes-non-brokered-private-placement-offerings-for-gross-proceeds-of-c2350000/

 
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