Info on the "Ring of Fire" With the price of gold still above $2000 USD per oz, many are looking to invest in junior gold companies. Kalo Gold (KALO.v KLGDF) controls the Vatu Aurum Project in Fiji's "Ring of Fire".
The Ring of Fire is a trend that has numerous large epithermal gold deposits, including the impressive Vatukoula Gold Mine (aka Emperor Mine) and the Tuvatu Project which recently announced exceptional results.
KALO confirmed a large epithermal gold system at Vatu Aurum during a Phase 2 exploration Program. Phase 3 is currently underway.