Kalo Gold Holdings Corp. (TSE:KALO) has released an update.
Kalo Gold Holdings Corp. has identified the Vunisea Fault as a key untested feature that may serve as a feeder zone for gold mineralization in their Vatu Aurum Gold Project. Recent geological compilations suggest that this fault could be the conduit for metal-bearing fluids responsible for the Qiriyaga Hill Deposit, with targets for the 2024 exploration program including trenching and drilling. Historical trenching has shown promising results, indicating potential gold mineralization at shallow depths, but this region has not yet been explored through drilling.
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