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

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TSXV:KALO - Post Discussion

Kalo Gold Corp > Eager for Vatu Aurum Phase 2 results

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Post by waves1 on May 18, 2022 4:14pm

Eager for Vatu Aurum Phase 2 results

Good day in the green for Kalo Gold ($KALO.v) today, closing up almost 7% at $0.08!

I'm hoping for some updates soon on $KALO's phase 2 drill program at its 100% owned Vatu Aurum Project - focused on the Qiriyaga Zone which had promising Phase 1 results, the program is leveraging the airborne IP and ground magnetic geophysical survey results which showed that the zone has the potential to be a much larger system.

Representing a potential 3.3km x 1.7km potential gold mineralized area, the results also indicate that past drilling was too shallow, missing an extensive IP geophysical anomaly. The results additionally indicate a potential copper-gold porphyry system underlying the previously defined, large IP changeability anomalies.

https://kalogoldcorp.com/2022/01/12/kalo-gold-corp-commences-phase-2-drill-program-at-vatu-aurum-gold-project/