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Kalo Gold Defines Kilometre-Scale Epithermal Gold Targets and Structural Corridors at Wainikoro Within a 40 km Gold Corridor, Vatu Aurum, Fiji

Kalo Gold’s update details encouraging exploration at Wainikoro within its Vatu Aurum gold corridor: two drill holes (VA26-DH18 at 245.7 m and VA26-DH19 at 270.6 m) returned geological boiling-stage indicators, kilometre-scale arsenic-in-soil anomalies, trench gold intercepts (up to 2 m @ 3.41 g/t Au and 32 m @ 0.56 g/t Au) and detectORE™ surface screening up to 1,640 dU (~1.64 g/t Au). A high-resolution airborne magnetic/radiometric survey is now mobilized and certified Fire Assay results are pending. For markets, the release is a positive exploration milestone for gold exposure—supporting a bullish outlook on Kalo’s prospectivity and on the broader gold narrative—yet near-term price or valuation impact is limited until assays and follow-up drilling confirm grades and scale.

Category

Gold

Sentiment

Bullish

Event

Milestone

Reading time

1 min