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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 > Update on Vatu Aurum Exploration Program!
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Post by waves1on Apr 11, 2023 4:07pm
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Post# 35389277

Update on Vatu Aurum Exploration Program!

Update on Vatu Aurum Exploration Program!
Kalo Gold (KALO.v KLGDF) has provided an update on the exploration program at its Vatu Aurum gold project located in Fiji!
Geophysical Program:
  • Commenced CSAMT geophysical program on April 6, 2023
  • Survey to cover ~12.5 square km covering the Qiriyaga Hill Prospect, including the high-grade epithermal gold mineralization of the Qiriyaga Hill and Vuinubu Ridge gold deposits
  • Will take ~1.5 months to complete
  • Additional details on diamond drilling will be reported following completion.
Diamond Drill Program:
  • Commenced improvement of 2.5km long historical access road for Mouta Prospect
  • Prospect is 330m long NE-trending soil anomaly characterized by coincident Au-Ag-As-Sb-Hg-Cu-Pb-Zn
  • Confirmed presence of gold-silver-copper mineralization at Prospect
Misc.
  • Geological, Geochemical and Alteration Modelling & compilation of 40+ years of exploration data underway
  • BLEG sampling program has been completed with a total of 12 samples sent for analysis
  • Regional scale infill stream sediment sampling program completed with 52 samples sent for analysis
Seems KALO could be in for a range of catalysts as work progresses and results are returned, making it one to keep an eye on IMO

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