The latest announcement is out from Kalo Gold Holdings ( (TSE:KALO) ).
Kalo Gold Corp. has announced a significant exploration and operational update for its Vatu Aurum Gold Project in Fiji, highlighting a 9,000-meter diamond drilling program set to commence in April 2025. The company aims to explore high-priority zones along the Namalau Trend and expand to other areas as new data emerges. This initiative is part of Kalo Gold’s strategy to realize the potential of a vertically intact epithermal gold system, which could position the company as a major player in the gold mining sector. Additionally, Kalo Gold has engaged Velocity Trade Capital Ltd. to provide market liquidity services, aiming to reduce trading volatility and improve share liquidity, reflecting a strategic move to enhance investor confidence and market presence.
More about Kalo Gold Holdings
Kalo Gold Corp. operates in the mining industry, focusing on the exploration and development of gold deposits. The company is primarily engaged in activities at its flagship Vatu Aurum Gold Project in Fiji, where it aims to uncover district-scale gold deposits.
YTD Price Performance: 33.33%
Average Trading Volume: 85,918
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$11.53M
See more data about KALO stock on TipRanks’ Stock Analysis page.