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New Listing: Kalo Gold Holdings (TSXV:KALO)

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Kalo Gold Holdings is a discovery-driven company with high-grade opportunities in Fiji.

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Additional Information:

Company: Kalo Gold Holdings
Website: http://www.KaloGoldCorp.com
Stock Symbol: TSXV: KALO
Date Published: Mar 2, 2021
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Kalo Gold Holdings, a discovery-driven company with high-grade opportunities in Fiji, is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “KALO”, following its qualifying transaction with Capital Pool Company E36 Capital Corp..

The Vatu Aurum Gold Project, located along the mineral-rich Pacific Ring of Fire, comprises a 367 square kilometre land package, containing a drill-stage target and a number of epithermal gold prospects.

The company is targeting Qiriyaga Hill and the nearby Vuinubu Ridge to confirm high-grade mineralization that contains an inferred historical resource of 158,831 contained ounces of gold at an average grade of 0.67 grams per tonne gold.

The company plans to conduct an expanded soil sampling program and a geophysical survey over a 2.5 kilometre zone to define the extensions of the known mineralization; and confirm the presence of other drill targets along the 2.5 km long mineralized potential zone.

The Kalo exploration team has been on the ground since last December conducting soil sampling, geological mapping, core review and mapping, in addition to completing two drill holes in the main target area in anticipation of an intensive exploration program within the next month.

The results of the recent work are pending and it is expected that assay results will be available by the end of March.

Kalo is well funded to carry out an initial drilling program having raised gross proceeds of approximately $3.7 million ($3,718,900) from the private placement of approximately 18.6 million shares (18,594,500) at $0.20.

The shares are current bid at $0.32, with no shares offered and no shares traded.

For more information, please visit the company’s website www.KaloGoldCorp.com, contact Kevin Ma, CPA, CA, President, at 604-363-0411 or email info@KaloGoldCorp.com


I’m Megan Edwards for Investmentpitch Media