Vatu Aurum Gold Project Exploration Update

Jun 12, 2023

Field exploration is ongoing at Vatu Aurum Gold Project in the Republic of Fiji.
BLEG sampling has defined a 33-kilometer ("km") long NE trending gold ("Au") corridor that coincides with regional structural controls of epithermal Au mineralization.
Stream sediment sampling has identified several high priority target drainage areas including the Drudrusavu Prospect that has been classified as a "very strong Au anomaly" with samples returning up to 580 ppb Au.
A CSAMT geophysical survey has been completed covering 12.5 km² centered on Qiriyaga and Drudrusavu Prospects, with interpretation of results pending.
Two core drill holes completed at Mouta have both intersected sections of disseminated pyrite and silicified felsic dacite and dacite breccias with zones of disseminated chalcopyrite and sphalerite and intense clay alteration, with assay results pending.
Kalo Gold now has multiple datasets including geological mapping, multi-element geochemistry, petrography, litho-geochemistry, geophysics, hyperspectral and drill hole data. All of these layers will now be integrated into a generative study to rank and prioritize targets for follow-up work including drilling.

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