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Kalo Gold Renews SPL 1511, Reclassifies Coqeloa as High-Priority Vertically Preserved Epithermal Gold Target at Vatu Aurum Project, Fiji
VANCOUVER, BC / ACCESS Newswire / April 9, 2025 / KALO GOLD CORP. (TSXV:KALO) (" Kalo ", " K...
About this update from Kalo Gold Corp
[{"type":"text","content":"Kalo Gold Renews SPL 1511, Reclassifies Coqeloa as High-Priority Vertically Preserved Epithermal Gold Target at Vatu Aurum Project, FijiVANCOUVER, BC / ACCESS Newswire / April 9, 2025 / KALO GOLD CORP. (TSXV:KALO) (\"Kalo\", \"Kalo Gold\" or the \"Company\") is pleased to announce that the Director of Mines, Ministry of Mineral Resources, Republic of Fiji, has formally granted the renewal of Special Prospecting Licence (SPL) 1511 for a three-year term effective March 26, 2025. The Company acknowledges the continued support and collaboration of the Fijian Government and the Mineral Resources Department.SPL 1511 covers Coqeloa, a historically underexplored gold target, located 15 km southwest of Aurum Prime, on the Company's 100%-owned Vatu Aurum Project, on Vanua Levu, Fiji (see figure 1 and 2). A recent reinterpretation of legacy datasets has elevated Coqeloa to a high priority, vertically preserved low sulphidation epithermal gold target. This advancement was driven by structural, geological and geochemical insights from Aurum Prime and comparative analysis of Pacific Rim gold systems - including Martha (Waihi) - allowing Kalo to apply an emerging exploration model without incurring additional on-the-ground field expenditures. Coqeloa exhibits multiple key CODES fertility indicators (Centre for Ore Deposit and Earth Sciences at the University of Tasmania), including preserved high-level epithermal textures, enriched pathfinder geochemistry, and alteration zonation consistent with minimal erosion. These features suggest the system remains vertically intact, with the upper epithermal cap preserved and deeper mineralized structures potentially still in place.Key HighlightsSPL 1511 Renewed for 36 Months: Fiji's Mineral Resources Department has formally granted the renewal of SPL 1511, securing exploration rights through March 25, 2028.High Grade Gold up to 33.0 g/t Au: Top results from surface rock sampling include 33.2 g/t (Solpac, 1987), 9.05 g/t (KEPL, 2018), 9.0 and 5.2 g/t (Jennings, 1990s), 2.275 g/t (Aquitaine, 1985), and 2.16 & 2.01 g/t (KEPL, 2018), confirming widespread high-grade gold potential across multiple zones.>2.0 km Alteration Corridor with Feeder Structures: Over 2.0 kilometres of mapped alteration - including clay-rich zones, silica flooding, and quartz-pyrite veining - define a structurally controlled a...