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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 several low sulphidation epithermal gold systems located on the flagship 367 square kilometer (sq km) Vatu Aurum Gold Project located in the Republic of Fiji and the AxelGold Property, an alkaline gold system, located in British Columbia. The Vatu Aurum Gold Project covers 367 square kilometers (km2). The Project consists of permits, SPL 1464 and SPL 1511, that cover a total of 366.91 square kilometers, which hosts a minimum of seven volcanic arc related calderas ranging between 1 km to 10 km in diameter in a geological setting that could be analogous to the alkaline related low sulphidation epithermal gold deposits of both the neighboring Vatukoula Gold Mine and the Lion One Metals' Tuvatu Alkaline Gold Project. The SPL 1464 covers 22,160 hectares and hosts the Qiriyaga Hill, Wainikoro and Mouta Caldera complexes. SPL 1511 covers 14,531 hectares, and the Coquelo Caldera complex.


TSXV:KALO - Post by User

Post by StockHawk1on Jul 10, 2023 6:49pm
110 Views
Post# 35534488

KALO.v Gives Exploration Update for Flagship Project

KALO.v Gives Exploration Update for Flagship Project

Kalo Gold's (KALO.v KLGDF) latest update on its ongoing exploration program at its Vatu Aurum Gold Project in the Republic of Fiji shows that KALO has achieved several milestones, including the identification of a 33-kilometer-long gold corridor. 


The corridor, identified through bulk leach extractable gold sampling,  aligns with structural controls of epithermal gold mineralization in the region. 


Stream sediment sampling has also revealed high-priority target drainage areas, with the Drudrusavu Prospect exhibiting a "very strong" gold anomaly.


KALO has completed several drill holes in various project targets and assay results from these holes are pending.


 Kalo Gold now possesses multiple datasets, including geological, geochemical, and geophysical information, which will be integrated into a generative study to prioritize drilling targets and guide future exploration efforts.


Source: https://kalogoldcorp.com/2023/06/12/vatu-aurum-gold-project-exploration-update-2/

 
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