Kalo Gold

Kalo Gold

Gold exploration on Fiji's district-scale Vatu Aurum project.

HQ location
Vancouver, Canada
Launch date
Employees
Market cap
$13.4m
Enterprise value
$11m
Share price
CAD0.10 KALO.V
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CAD5.4m

Private Placement non VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
CAD20202021202220232024
Revenues00000000000000000000
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about Kalo Gold
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Kalo Gold Corp. is a Canadian-based mineral exploration company founded in 2019, focused on epithermal gold deposits. The company's primary asset is the 100% owned Vatu Aurum Gold Project, located on Vanua Levu, Fiji's northern island. This project encompasses a significant 367-square-kilometer land package within the prolific Pacific 'Ring of Fire,' a region known for major gold deposits. Kalo Gold holds two Special Prospecting Licenses, SPL 1464 and SPL 1511, which are fully permitted and supported by local landowner agreements.

The company's exploration strategy centers on systematically evaluating the Vatu Aurum project, which has seen over 30 years of historical exploration work by previous operators like Placer Dome and TVI Pacific. Kalo Gold is integrating and reinterpreting this vast dataset using modern geological models to identify new high-grade gold systems. Recent exploration has confirmed the discovery of an extensive, well-preserved epithermal gold system, with geological features comparable to major Pacific Rim deposits like Vatukoula in Fiji and Martha Mine in New Zealand. The company has identified multiple high-priority targets, such as the Namalau Trend and the Dua Target, and is planning drill programs to test their depth potential. To support its exploration activities, the company operates its own track-mounted diamond drill rigs, providing operational flexibility and cost control.

Kalo Gold is a publicly traded company listed on the TSX Venture Exchange (TSXV: KALO). The company is led by President and CEO Terry L. Tucker, a professional geologist who joined in April 2022 and has been central to advancing the project's geological model. Co-founders include Michael Nesbitt, who has extensive experience in Fiji, and Cam Grundstrom. Fred Tejada was a founding director who played a key role in bringing the project to the capital markets in 2020. The company actively raises capital through private placements and strategic investments to fund its exploration programs.

Keywords: gold exploration, epithermal deposits, Fiji, Vatu Aurum project, mineral exploration, Pacific Ring of Fire, Vanua Levu, junior mining, gold deposits, resource development, geological survey, geochemistry, prospecting licenses, diamond drilling, capital markets, precious metals, mining investment, exploration targets, geological modeling, sustainable development

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