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Kalo Gold Identifies New Priority Epithermal Gold Targets With New Geological and Mineralization Model, Vatu Aurum Gold Project, Fiji
Release Highlights: Ongoing synthesis and reinterpretation of multiple exploration datasets...
About this update from Kalo Gold Corp
[{"type":"text","content":"Kalo Gold Identifies New Priority Epithermal Gold Targets With New Geological and Mineralization Model, Vatu Aurum Gold Project, FijiRelease Highlights:Ongoing synthesis and reinterpretation of multiple exploration datasets, along with geophysical work completed by Kalo in 2023, has resulted in a significant advancement in the understanding of the geology and mineralization of the Vatu Aurum Gold Project, specifically the Qiriyaga Hill Prospect (\"Qiriyaga\").The Qiriyaga Hill Prospect is associated with flat lying fragmental units with juvenile clasts and sediments that constitute a potential crater (maar) level setting of volcanic eruptions. The volcanism has created vents and feeder zones that are potential conduits for the discovery of economic gold mineralization.Alteration distribution based on drill core and surface exposures, indicates a shallow, 50-to-100-meter, level of erosion of the epithermal system, including sinter, leaving the entire epithermal system intact.Multi-element soil, trench, and rock geochemical anomalies have highlighted faults associated with multiple caldera rims. Elements that are typically dispersed above and beyond boiling levels (Tl, Mo, Sb, Hg and As/Fe ratio) and those that are typically concentrated around fluid boiling levels in epithermal settings (Au, Pb, Te, Ag and Fe/Ti ratio) along with known geological and geophysical data sets have provided clarity in target ranking.A Controlled-Source Audio-frequency Magnetotellurics (\"CSAMT\") geophysical survey has successfully identified six priority targets that are associated both with the down dip extent of known mineralization and anomalous soil and trench geochemical targets associated with surface silicification and hydrothermal alteration.VANCOUVER, BC / ACCESSWIRE / September 21, 2023 / KALO GOLD CORP. (\"Kalo\", \"Kalo Gold\" or the \"Company\") is pleased to provide an update on the exploration program at Vatu Aurum Gold Project (\"Vatu Aurum\" or the \"Project\"), Republic of Fiji. Multiple exploration datasets have been synthesized, allowing for a focused ranking and prioritization process of the property-wide targets. Follow-up exploration programs will be designed, with a near-term focus on the Qiriyaga. Qiriyaga is one of the six identified priority targets located within a 33 kilometer (\"km\") long NE trending gold corridor.Vatu ...