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Kalo Gold Holdings ( (TSE:KALO) ) just unveiled an announcement.
Kalo Gold Corp. has announced promising results from its Vatu Aurum Project in Fiji, revealing a significant epithermal gold system within the Namalau Trend. The geological and geochemical features identified are comparable to major Pacific Rim gold deposits, suggesting a substantial district-scale gold target. The findings include gold values up to 2.06 grams per tonne and favorable geochemical signatures, indicating the presence of a potentially valuable gold-bearing system. This development positions Kalo Gold as a notable player in the Pacific Rim gold exploration sector and may have significant implications for stakeholders as further exploration could confirm the economic viability of these targets.
More about Kalo Gold Holdings
Kalo Gold Corp. operates in the mining industry, focusing primarily on gold exploration. The company is engaged in exploring high-potential gold deposits, particularly in the Pacific Rim region, with current projects including the Vatu Aurum Project in Fiji.
YTD Price Performance: 50.0%
Average Trading Volume: 83,203
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$9.61M
Find detailed analytics on KALO stock on TipRanks’ Stock Analysis page.
