VANCOUVER, BC / ACCESSWIRE / December 11, 2023 / KALO GOLD CORP. ("Kalo", "Kalo Gold" or the "Company") is pleased to provide an update on the ongoing 2023 Phase 3 exploration program at its flagship 100% owned Vatu Aurum Gold Project ("Vatu Aurum" or the "Project"), Republic of Fiji.

Field exploration work completed to date in 2023 has resulted in a significant and improved understanding of the geological setting of the epithermal gold mineralization at Vatu Aurum and has confirmed the district-scale gold potential. Importantly, the Company has documented widespread sinters (paleo-surface expression of epithermal systems) that will provide an important vectoring tool for gold discoveries. Furthermore, the alteration distribution associated with the most advanced target on the Project, the Qiriyaga Hill Prospect, indicates a shallow level of erosion of the epithermal systems of between 50 meters ("m") to 100 m, implying that the precious metal-bearing boiling zone is at depth. The Qiriyaga Hill Prospect is associated with fragmental units with juvenile clasts and bedded sedimentary units that probably constitute a maar volcanic setting with the fragmental (breccia) units present as a result of phreatomagmatic eruptions. These phreatomagmatic vents would be interpreted to be a key target related to gold bearing hydrothermal fluids. The presence of numerous sinter deposits, hosted by fragmental units at the crater (maar) level, indicates that the gold epithermal systems are fully intact. The precious metal boiling zone is interpreted to be >100 m deeper than most of the drilling conducted to date; on this basis an array of new targets is being developed with an updated geological and exploration model. read more on
https://www.accesswire.com/815227/explorationupdateofvatuaurumgoldproject2cfiji