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Bullboard - Stock Discussion Forum 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... see more

TSXV:KALO - Post Discussion

Kalo Gold Corp > Phase 2 drilling commenced
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Post by partystocker on Jan 13, 2022 4:56pm

Phase 2 drilling commenced

$KALO.V has officially commenced is phase 2 drilling program at the company’s wholly owned Vatu Aurum Gold Project. The program will be focused on the Qiriyaga zone, which has delivered some promising results from the phase one program, including:
 
  • KGD 01: 101m @ 0.94g/t gold from 0-101m including 2m @ 6.00g/t gold from 6m-8m; 2m @ 5.36g/t gold from 69m-71m;
  • KGD 03: 24m @ 1.01g/t gold from 21m-45m, including 2m @ 6.27g/t gold from 37m-39m; and
  • KGD 04: 69m @ 0.96g/t gold from 21m-90m including 2m @ 5.11g/t gold from 34m-38m.
 
Surveys are showing a potentially much larger system in the Qiriyaga zone, and $KALO is speculating that the system may be the tip of a proverbial iceberg for the system and host a combined historical Inferred mineral resource of 158,831 gold ounces.
 
https://ceo.ca/@accesswire/kalo-gold-corp-commences-phase-2-drill-program-at 
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