Kalo Gold’s Exciting Discovery at Vatu Aurum Project in Fiji: An Extensive Epithermal Gold System
Vancouver, BC – Kalo Gold Corp. (Kalo, Kalo Gold, or the Company) is thrilled to share the results of its exploration activities at the Vatu Aurum Project in Fiji. Located within the Aurum Prime property, the Company has discovered an extensive epithermal gold system along a 2-kilometer (“km”) district-scale exploration target, named Namalau Trend.
Detailed Exploration Results
The latest sampling results from Kalo Gold reveal promising gold grades. The highest gold assay from the Namalau Trend came from drill hole VAS-22-001, which returned 1.14 grams per tonne (“g/t”) gold over 30 meters (“m”) from 67m to 97m. This impressive result highlights the potential for significant gold mineralization within the Namalau Trend.
Exploration Potential
The Namalau Trend is just one part of the larger Vatu Aurum Project, which covers over 25 km² of highly prospective ground in Fiji. This discovery emphasizes the potential for further exploration success along the trend and throughout the project area. Kalo Gold’s exploration team plans to continue drilling and sampling to expand the known gold mineralization and test new targets.
Impact on Local Community and Environment
Kalo Gold is committed to responsible mining practices and creating a positive impact on the local community. The Company has engaged with the Fijian government and local stakeholders to ensure that any mining activities are carried out in a sustainable and environmentally responsible manner. Kalo Gold is also working to provide employment and training opportunities for local residents.
Global Gold Market
The discovery at the Vatu Aurum Project is not only significant for Kalo Gold but also for the global gold market. With the increasing demand for gold in various industries, including technology, jewelry, and investment, the discovery of new gold deposits is crucial. This discovery could contribute to the global gold supply, potentially impacting gold prices and the overall gold market.
Conclusion
Kalo Gold’s recent discovery at the Vatu Aurum Project in Fiji showcases the potential for significant epithermal gold mineralization along the Namalau Trend. The Company plans to continue its exploration efforts to fully understand the extent of this discovery and its potential impact on the gold market. Kalo Gold remains committed to responsible mining practices and creating a positive impact on the local community.
- Kalo Gold discovers extensive epithermal gold system at Vatu Aurum Project in Fiji
- Namalau Trend, a 2-km exploration target, reveals impressive gold grades
- Company plans to continue drilling and sampling to expand mineralization
- Kalo Gold committed to responsible mining practices and community engagement
- Discovery could contribute to global gold supply and impact gold market
