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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 SkywalkerofLukeon Jun 19, 2023 4:07pm
140 Views
Post# 35503964

Vatu Aurum Update Highlights

Vatu Aurum Update Highlights

KALO KALO.v up 122% over the past five days after giving updates on their Vatu Aurum Gold Project in the prolific ring of fire in Fiji (home to the world’s second-largest gold mine).


Highlights

- BLEG sampling at Qiriyaga Hill & Mouta Prospects has defined a 33km long NE trending gold corridor that coincides with regional structural controls of epithermal Au mineralization

- CSAMT geophysical survey has been completed covering 12.5 km2 centered on Qiriyaga and Drudrusavu Prospects (interpretation of results pending)

- Two core drill holes completed at Mouta (intense clay alteration with assay results pending)

The field exploration work has provided Kalo with a significant amount of geological, geochemical, and geophysical information that will potentially allow the identification of high priority drill targets.


https://kalogoldcorp.com/2023/04/11/vatu-aurum-gold-project-exploration-update/

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