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Kalo Gold Identifies Potential for Increased Gold Values Within 300m of Surface Along Vuinubu Ridge Trend, Vatu Aurum Gold Project
VANCOUVER, BC / ACCESSWIRE / February 15, 2024 / KALO GOLD CORP. (" Kalo", "Kalo Gold " or the "...
About this update from Kalo Gold Corp
[{"type":"text","content":"Kalo Gold Identifies Potential for Increased Gold Values Within 300m of Surface Along Vuinubu Ridge Trend, Vatu Aurum Gold ProjectVANCOUVER, 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.Terry L. Tucker, Kalo Gold President and CEO stated, \"Over the past 30 plus years, exploration by the likes of Placer Dome, Camelot, TVI Pacific and Kalo Gold has collected well in excess of CAD$30M of exploration data. A thorough, painstaking, and methodical compilation of this work, by the professional team at SGDS Hive and in particular Andy (Andrew) Randell, P.Geo., has been ongoing for the past 5 months. The SGDS Hive team has extensive experience in historical database compilations. Other projects, in particular an ongoing large epithermal gold exploration project in British Columbia, have benefited from their experience resulting in new discoveries and the successful advancement of epithermal gold systems much like those located on the Vatu Aurum Gold Project. Highly prospective epithermal gold targets have become clear in the ongoing compilation work at Vatu Aurum and will be the focus of the 2024 exploration and diamond drilling program. This will include drilling the priority targets identified in this release along the Vuinubu Ridge Trend and several other targets, including Qiriyaga Hill, which will be summarized in further news releases as the com...