Vatu Aurum Gold Project Exploration Update
Vatu Aurum Gold Project Exploration Update
- 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.
- 斐济共和国的Vatu Aurum金矿项目正在进行实地勘探。
- 布列格采样确定了一条33公里长的北东向金(“金”)走廊,该走廊与浅成热液金矿的区域构造控制相吻合。
- 水系沉积物采样发现了几个高度优先的目标流域,包括被归类为“非常强烈的Au异常”的Drudrusavu展望,样品返回量高达580ppb Au。
- CSAMT已完成12.5公里的地球物理调查2.重点放在齐里亚加和德鲁萨武的前景上,结果有待解释。
- 在Mouta完成的两个岩心钻孔都有浸染型黄铁矿和硅化长英英安岩和英安岩角砾岩的相交区段,并有浸染型黄铜矿和闪锌矿和强烈的粘土蚀变,化验结果待定。
- Kalo Gold现在拥有多种数据集,包括地质填图、多元素地球化学、岩石学、岩石地球化学、地球物理、高光谱和钻孔数据。所有这些层面现在都将被整合到一个生成性研究中,以对包括钻井在内的后续工作的目标进行排名和优先排序。
VANCOUVER, BC / ACCESSWIRE / June 12, 2023 / KALO GOLD CORP. ("Kalo", "Kalo Gold" or the "Company") is pleased to provide an update on the exploration program at its flagship Vatu Aurum Gold Project (the "Project") located in the Republic of Fiji. The exploration program, which was planned in consideration of the Fiji rainy season, which lasted through to late April, is on schedule and budget.
温哥华,BC/ACCESSWIRE/2023年6月12日/Kalo Gold Corp.(“Kalo“,”Kalo Gold““或”公司“)很高兴地提供其旗舰Vatu Aurum金矿项目的勘探计划的最新情况。项目“)位于斐济共和国。勘探方案是考虑到斐济的雨季而规划的,一直持续到4月下旬,正在按计划和预算进行。
Mr. Terry L Tucker, P.Geo, President and CEO of Kalo, commented "The exploration program and timelines announced by Kalo in late January 2023 are on schedule and budget and Kalo is very pleased with the progress made to-date. Field exploration commenced in late January and following the end of the rainy season in late April, Kalo successfully completed the CSAMT geophysical program in May 2023. Exploration activities completed to-date have provided Kalo with a significant amount of geological, geochemical, and geophysical information, which Kalo continues to analyze, that will potentially allow the identification of high priority drill targets. The interpretation of the CSAMT results is pending, but preliminary analysis suggests that Kalo has priority targets that are correlative to gold mineralized zones. Kalo will provide information as soon as a final analysis is complete. In particular, and further discussed below, the Drudrusavu Prospect has been identified as an area of significant interest. A lone 1992 Placer Dome drill hole (FDD03) intersected 40 m @ 0.6 grams per tonne ("g/t") Au (from 36-76 m), including 10 m @ 1.78g/t Au (from 36-46 m) and including 4 m @ 3.78g/t Au (from 40-44 m). Kalo is preparing access to the area in anticipation of core drilling the Drudrusavu Prospect."
KALO首席执行官兼P.Geo总裁特里·L·塔克先生评论道:Kalo于2023年1月下旬宣布的勘探计划和时间表按计划和预算进行,Kalo对迄今取得的进展感到非常满意。野外勘探于1月下旬开始,4月下旬雨季结束后,Kalo于2023年5月成功完成了CSAMT地球物理计划。到目前为止完成的勘探活动为Kalo提供了大量的地质、地球化学和地球物理信息,Kalo将继续分析这些信息,这些信息将有可能识别出高度优先的钻探目标。对CSAMT结果的解释尚待解决,但初步分析表明,Kalo拥有与金矿化带相关的优先目标。一旦最终分析完成,Kalo将立即提供信息。特别是,并在下文进一步讨论,Drudrusavu前景已被确定为一个具有重大意义的领域。1992年,一个单独的砂岩穹顶钻孔(FDD03)与40米@0.6克/吨(“g/t”)Au(从36-76米)相交,其中包括10米@1.78克/吨金(从36-46米)和包括4米@3.78克/吨金(从40-44米)。Kalo正在准备进入该地区,因为预计将在Drudrusavu Prospects进行岩心钻探。
BLEG SAMPLING PROGRAM
布列格抽样计划
The bulk leach extractable gold ("BLEG") sampling program has successfully defined a 33-km long NE-trending Au corridor across the across the two tenements, SPL 1464 and SPL 1511, which covers 367 km2 and make up the Project.
散装浸出可提金采样计划已成功地确定了一条33公里长的东北走向的金走廊,横跨SPL 1464和SPL 1511两个地块,覆盖367公里2.并组成这个项目。
The BLEG program consisted of seventeen (17) samples, and when combined with BLEG sampling completed in 2019 and 2020, has successfully defined a 33 km long NE-trending Au corridor, from Matailabasa in the SE to Nubu in the NE of ground held by Kalo. The Nubu, Qiriyaga, Wainikoro Complex, Koroiwa and Coqeloa South Prospects all display a strong BLEG anomaly greater than 10 ppb Au (see Figure 1).
BLEG项目由17个样本组成,与2019年和2020年完成的BLEG样本相结合,成功地确定了一条33公里长的NE向金矿走廊,从东南部的Matailabasa到Kalo控制的东北部的Nubu。Nubu、Qiriyaga、Wainikoro复合体、Koroiwa和Coqeloa South勘探前景都显示出超过10ppb Au的强烈BLeg异常(见图1)。
This NE-trending corridor coincides with the two significant structural controls of Au mineralization evident on the Project:
这条北东向的走廊与该项目上明显的两个重要的金矿化构造控制相吻合:
- Cirianiu - NE structural corridor interpreted from geological, aeromagnetic and Landsat data from Koroiwa - Wainikoro - 2K - Qiriyaga - Nubu - Drudrusavu; and
- Coqeloa - 10 km x 5 km interpreted caldera-like feature.
- 从Koroiwa-Wainikoro-2K-Qiriyaga-Nubu-Drudrusavu的地质、航磁和陆地卫星数据解释Cirianiu-NE构造走廊;以及
- Coqeloa-10公里x 5公里解释为类似火山口的特征。
These structurally defined areas, with high Au in BLEG results, are the priority and focus of our continuing exploration activities. Several known Au Prospects are situated within this NE-trending corridor.
这些构造上界定的区域,在BLEG结果中具有较高的金含量,是我们继续勘探活动的优先事项和重点。已知的几个金矿远景位于这条北东向走廊内。
The areal BLEG coverage now totals 229 km2 or 62% of the 367 km2 total Project area. Those areas not covered with BLEG are either located within the floodplains of major drainages or in flat farmlands (sugarcane and rice fields). BLEG sampling of all tributaries of the main drainages on the Project is now 100% completed.
布列格区域覆盖范围现已达到229公里2.占367公里的62%2.项目总面积。那些未被稻瘟病覆盖的地区要么位于主要水系的泛滥平原内,要么位于平坦的农田(甘蔗和稻田)。BLEG现已100%完成对工程项目主要排水渠的所有支流进行抽样。
STREAM SEDIMENT SAMPLING PROGRAM
水系沉积物采样计划
The fifty-two (52) sample regional scale stream sediment sampling program has successfully identified several priority target drainages with known and previously unknown Prospects. Several prospects were delineated by the results of the stream sediment sampling including, in particular, an area that was historically explored by Placer Dome in 1992 called the Drudrusavu Prospect located 2 km east of Qiriyaga Prospect (see Figure 2).
五十二(52)个样本 区域尺度水系沉积物采样计划成功地确定了几个具有已知和以前未知前景的优先目标流域。水系沉积物采样结果勾勒出几个远景,特别包括Placer Dome在1992年历史上勘探过的一个地区,称为Drudrusavu远景,位于奇里亚加远景以东2公里处(见图2)。
The drainage from Drudrusavu Prospect has been classified as a "very strong Au anomaly" with Au in the stream sediment sample returning 580 ppb Au. This Prospect was originally defined by a multi element soil geochemical anomaly that was drilled in 1992 by Placer Dome. Drill hole (FDD03) intersected 40 m @ 0.6 g/t Au (from 36-76 m), including 10 m @ 1.78g/t Au (from 36-46 m) and including 4 m @ 3.78g/t Au (from 40-44 m).
来自Drudrusavu Prospects的排水被归类为“非常强烈的Au异常”,水系沉积物样品中的Au返回580ppb Au。这一远景最初是由Placer Dome在1992年钻探的多元素土壤地球化学异常所定义的。钻孔(FDD03)相交40米@0.6克/吨金(36-76米),其中10米@1.78克/吨金(36-46米),包括4米@3.78克/吨金(40-44米)。
The stream sediment results along with the BLEG geochemistry have successfully defined a large 121.35 km2 area of anomalous Au across the project which now allows Kalo to focus within these prospective areas for future exploration.
水系沉积物的结果和BLEG地球化学一起成功地定义了一个大的121.35公里2.整个项目的异常金区域,现在使Kalo能够专注于这些远景区域,以供未来勘探。
CSAMT GEOPHYSICAL PROGRAM
CSAMT地球物理计划
The controlled-source audio-frequency magnetotellurics ("CSAMT") geophysical survey was completed on May 12, 2023 by Fender Geophysics Pty Ltd from Australia. A total of 57.575-line km covering 12.5 km2 over the Qiriyaga Hill and Drudrusavu Prospects, including the high-grade epithermal Au mineralization of the Qiriyaga Hill and Vuinubu Ridge Gold Deposits, was completed. Detailed interpretation of the CSAMT results is ongoing with Kalo's consulting geophysical team and the Company's geological team which have been working to complete a hyperspectral alteration and petrographic analysis of the geological and geochemical database. This information is being incorporated into a new geological, geochemical, alteration model to delineate vectors to guide exploration both laterally and at depth to define drilling targets.
可控源音频大地电磁(“)CSAMT澳大利亚芬德地球物理有限公司于2023年5月12日完成了地球物理调查。共57.575线公里,覆盖12.5公里2.在奇里亚加山和德鲁萨武上空,包括奇里亚加山和维努布山脊金矿床的高品位浅成热液金矿床的找矿工作已经完成。对CSAMT结果的详细解释正在与Kalo的咨询地球物理团队和公司的地质团队一起进行,他们一直在努力完成地质和地球化学数据库的高光谱蚀变和岩相学分析。这些信息正在被纳入一个新的地质、地球化学、蚀变模型,以划定向量,以指导横向和深度勘探,以确定钻探目标。
CORE DRILLING PROGRAM
岩心钻探计划
Following maintenance on a 2.5 km long historical access road to the Mouta Prospect ("Mouta") one of Kalos drill rigs was mobilized to commence core drilling. Mouta is located approximately 9 km northwest of the Qiriyaga Hill Prospect on the flank of the Mouta Caldera. The Mouta Prospect is a 330 m long NE-trending soil anomaly characterized by coincident Au-Ag-As-Sb-Hg-Cu-Pb-Zn. Kalo confirmed the presence of gold-silver-copper mineralization at the Mouta Prospect, including: 6.2g/t Au, 645g/t Ag and 3.12% Cu from rock chip outcrop sampling and 3.06g/t Au, 819g/t Ag and 1.63% Cu from a stockpile grab sample.
在对一条2.5公里长的历史通道进行维护后,Mouta Prospects()穆塔“)调集了一台Kalos钻机开始岩心钻探。Mouta位于Mouta火山口侧翼奇里亚加山探区西北约9公里处。Mouta探矿是一个330米长的NE向土壤异常,其特征是Au-Ag-As-Sb-Hg-Cu-PbZn。Kalo证实了Mouta探矿中存在金-银-铜矿化,包括:6.2g/t金、645g/t银和3.12%铜从露出地面的岩屑样品和3.06克/吨金、819克/吨银和1.63%铜从库存抓取的样本中。
Two drill holes have now been completed, KMD-2023-01 (151.5 meters) and KMD-2023-02 (280.5 meters) to test the Mouta Prospect. Drilling of these two holes commenced on May 2, 2023 and was completed on May 27, 2023 (see Figure 3). The drill core has been geologically logged, sampled and sent to ALS Chemex in Australia for assaying. Both drill holes intersected sections of disseminated pyrite and silicified felsic dacite and dacite breccias that locally exhibit sections of disseminated chalcopyrite and sphalerite and intense clay alteration. The Company will report the geochemical results from these two holes when final certified assays are received from ALS Chemex.
现在已经完成了两个钻孔,KMD-2023-01(151.5米)和KMD-2023-02(280.5米),以测试Mouta前景。这两个孔的钻探于2023年5月2日开始,2023年5月27日完成(见图3)。钻芯已被地质记录、取样,并被送往澳大利亚的ALS Chemex进行分析。两个钻孔都与浸染型黄铁矿和硅化长英英安岩和英安岩角砾岩相交,局部显示浸染型黄铜矿和闪锌矿以及强烈的粘土蚀变。当收到ALS Chemex的最终认证化验后,该公司将报告这两个孔的地球化学结果。
ONGOING EXPLORATION
正在进行的勘探
The Company commenced the improvement of a historical road to allow access to the Drudrusavu Prospect (See Figure 2) for future drilling. It is expected to take approximately two weeks to complete, and the Company has planned two core drill holes to follow up the 1992 Placer Dome drill hole FD003 which returned drill results of 40 m @ 0.6 g/t Au including 10 m @ 1.78 g/t Au. The Company will also continue with the ongoing interpretation and analysis of the CSAMT data along with the detailed geological and alteration modelling that will be incorporated to further define diamond drill targets.
该公司开始改善一条历史悠久的道路,以便进入Drudrusavu Prospects(见图2),以便将来进行钻探。预计需要大约两周时间完成,公司已规划了两个岩心钻孔,以跟进1992年Placer Dome钻孔FD003,该钻孔返回了40m@0.6 g/t Au,其中10 m@1.78 g/t Au。该公司还将继续对CSAMT数据进行持续的解释和分析,以及将纳入的详细地质和蚀变建模,以进一步确定钻石钻探目标。
ABOUT KALO GOLD CORP.
关于卡洛黄金公司。
Kalo Gold Corp, a gold exploration company, is focused on exploration for low sulphidation epithermal gold deposits of the Vatu Aurum Gold Project on the island of Vanua Levu (North Island) in the Republic of Fiji. Kalo holds a 100% interest in two Special Prospecting Licenses, covering 367 km2 that hosts a minimum of seven volcanic arc related calderas ranging between 1 km to 10 km in diameter in a geological setting that could be analogous to the alkaline related low sulphidation epithermal gold deposits of both the neighbouring Vatukoula Gold Mine and the Lion One Metals' Tuvatu Alkaline Gold Project. Historical exploration work concentrated on the Qiriyaga Hill and Vuinubu Ridge Gold Deposits and resulted in the identification of over fourteen priority epithermal gold exploration targets.
Kalo Gold Corp是一家黄金勘探公司,专注于斐济共和国瓦努阿列武岛(北岛)Vatu Aurum金矿项目的低硫化低温热液金矿勘探。Kalo拥有两个特殊勘探许可证的100%权益,覆盖367公里2.该地区至少有七个与火山弧有关的火山口,直径在1公里至10公里之间,其地质环境类似于邻近的瓦图库拉金矿和Lion One Metals的Tuvatu碱性金矿项目中与碱性有关的低硫化低温热液金矿床。历史勘探工作集中在奇里亚加山和维努布山脊金矿床上,确定了14个优先的浅成热液金矿勘探目标。
Both Viti Levu, (South Island), and Vanua Levu are on the prolific Pacific "Ring of Fire", a trend that has produced numerous large deposits, including Porgera, Lihir and Grasberg and on Viti Levu, the exceptional Vatukoula Gold Mine. The Vatukoula Gold Mine has produced more than 7 million ounces of gold since 1937. The island of Viti Levu also hosts the fully permitted Tuvatu Alkaline Gold Project, where Lion One Metals is fast tracking a high-grade underground gold mining operation.
南岛的Viti Levu和Vanua Levu都位于多产的太平洋“火环”上,这一趋势已经产生了许多大型矿藏,包括Porgera、Lihir和Grasberg,以及特殊的Vatukoula金矿Viti Levu。自1937年以来,瓦图库拉金矿已经生产了700多万盎司黄金。Viti Levu岛还拥有完全许可的Tuvatu碱性金矿项目,Lion One Metals正在快速追踪一个高品位地下金矿开采业务。
Qualified Person
有资格的人
The technical disclosure in this news release has been approved by Terry L. Tucker, P.Geo. a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.
本新闻稿中的技术披露已得到Terry L.Tucker,P.Geo的批准。加拿大证券管理人的国家文书43-101所定义的合格人员。
On behalf of the Board of Directors of Kalo Gold Corp.
我谨代表Kalo Gold Corp.董事会发言。
Terry L. Tucker, P.Geo
President and Chief Executive Officer
and
Kevin Ma, CPA, CA
Executive Vice President, Capital Markets and Director
For more information, please write to info@kalogoldcorp.com.
特里·L·塔克,P.Geo
总裁与首席执行官
和
Kevin Ma,注册会计师,加利福尼亚州
资本市场部和董事常务副总裁总裁
欲了解更多信息,请写信至info@kalogoldcorp.com。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
Forward Looking Statements Disclaimer
前瞻性声明免责声明
Certain statements in this release are forward-looking statements, which are statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Forward looking statements in this news release include statements relating to the Company's proposed drilling timeline and the proposed expansion of the exploration program, and the Company's plans for future exploration on the Vatu Aurum Gold Project. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements included in this news release, other than statements of historical fact, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include quality and quantity of any mineral deposits that may be located, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, the Company's inability to raise the necessary capital to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's filing statement dated February 9, 2021 and latest interim Management Discussion and Analysis filed with certain securities commissions in Canada.
本新闻稿中的某些陈述是前瞻性陈述,这些陈述不是纯粹的历史性陈述,包括任何有关对未来的信念、计划、预期或意图的陈述。本新闻稿中的前瞻性陈述包括与公司拟议的钻井时间表和拟议的勘探计划扩大有关的陈述,以及公司未来在Vatu Aurum Gold的勘探计划 项目。前瞻性陈述通常用“将”、“可能”、“应该”、“预期”、“预期”和类似的表达方式来识别。除历史事实陈述外,本新闻稿中包含的所有陈述均为前瞻性陈述,涉及风险和不确定因素。不能保证这些陈述将被证明是准确和实际的结果,未来的事件可能与这些陈述中预期的大不相同。可能导致实际结果与公司预期大相径庭的重要因素包括可能存在的任何矿藏的质量和数量、公司无法获得其活动所需的任何必要许可、同意或授权、公司无法筹集必要的资本以充分实施其业务战略,以及公司在2021年2月9日的申报声明和最近提交给加拿大某些证券委员会的中期管理层讨论和分析中披露的其他风险和不确定因素。
The reader is cautioned that assumptions used in the preparation of any forward-looking statements herein may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect, and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.
提醒读者,在编制本文中的任何前瞻性陈述时使用的假设可能被证明是不正确的。由于许多已知和未知的风险、不确定性和其他因素,其中许多是公司无法控制的,事件或情况可能会导致实际结果与预测的结果大不相同。提醒读者不要过度依赖任何前瞻性信息。这些信息虽然在准备时被管理层认为是合理的,但可能被证明是不正确的,实际结果可能与预期的大不相同。本新闻稿中包含的前瞻性陈述明确地受到本警示性声明的限制。本新闻稿中包含的前瞻性陈述是截至本新闻稿发布之日作出的,公司将按照加拿大证券法的明确要求更新或公开修改任何包含的前瞻性陈述。
Figure 1. Gold results of the combined 2019 to 2020 and 2023 BLEG campaigns (33 km long BLEG Au corridor defined). (Drainage area of >10 ppb gold = 56.1 km2 and 1 to 10 ppb gold = 65.25 km2)
图1.2019年至2020年和2023年布列格活动的金牌结果(定义了33公里长的布列格走廊)。(>10 ppb黄金的排水面积=56.1公里2.1至10 ppb黄金=65.25公里2.)
Figure 2 - Vatu Aurum Gold Property - caldera features associated with alteration and rock and soil geochemistry results.
图2-Vatu Aurum金矿属性-与蚀变和岩石和土壤地球化学结果相关的火山口特征。
Figure 3. KMD-2023-01 view to NW with mineralized outcrop target in foreground
图3.前景为矿化露头目标的KMD-2023-01西北部视图
SOURCE: Kalo Gold Corp.
资料来源:卡洛黄金公司