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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 Betteryear2on Feb 15, 2024 3:24pm
95 Views
Post# 35882584

Kalo Gold Identifies Potential for Increased Gold Values

Kalo Gold Identifies Potential for Increased Gold ValuesVANCOUVER, BC / ACCESSWIRE / February 15, 2024 / KALO GOLD CORP. ("Kalo", "Kalo Gold" or the "Company") has identified Vuinubu Ridge to Namalau as a >1,900 meter ("m") northeast trending priority epithermal gold target located along the deep seated Nubu Graben Fault (Figure 1). A combination of geology, structure, geochemistry and geophysics indicates that the upper 100 to 150m of the epithermal system has been eroded and it is interpreted that subsequent trenching and shallow drilling has intersected only the upper portion of the precious metal horizon. Shallow drill testing of Vuinubu Ridge has tested approximately 500m strike length of the trend and trenching has tested over 1,900m to the northeast (Figure 2) to Namalau. Given that Vuinubu Ridge represents the top of the precious metal horizon (Figure 3) it is estimated that drilling within 300m of the surface, targeting the main gold mineralized zones which are interpreted to underly the current trench and drill tested zone, are the priority for the next phase of exploration work.

Kalo Gold Identifies Potential for Increased Gold Values Within 300m of Surface Along Vuinubu Ridge Trend, Vatu Aurum Gold Project (accesswire.com)
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