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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 StockHawk1on Jun 13, 2023 6:09pm
173 Views
Post# 35494754

Kalo gives Exploration Update for its Vatu Aurum Project

Kalo gives Exploration Update for its Vatu Aurum Project

Kalo Gold (KALO.v KLGDF) is making progress with its exploration program at the Vatu Aurum Gold Project in Fiji.


Through various sampling and surveying techniques, the company has defined a 33-kilometer NE-trending gold corridor and identified high-priority target areas. 


Additionally, a geophysical survey has been completed, and core drilling has taken place at the project's Mouta Prospect. 


Kalo is now analyzing the collected data to prioritize drilling targets and guide further exploration efforts. These developments indicate promising potential for gold exploration and future resource discovery in the region.


Learn more in yesterday's announcement here: https://kalogoldcorp.com/2023/06/12/vatu-aurum-gold-project-exploration-update-2/

 
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