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.
- 斐濟共和國的Vatu Aurum金礦專案正在進行實地勘探。
- 佈列格採樣確定了一條33公里長的北東向金(“金”)走廊,該走廊與淺成熱液金礦的區域構造控制相吻合。
- 水系沉積物採樣發現了幾個高度優先的目標流域,包括被歸類為“非常強烈的Au異常”的Drudrusavu展望,樣品返回量高達580ppb Au。
- CSAMT已完成12.5公里的地球物理調查2.重點放在齊裡亞加和德魯薩武的前景上,結果有待解釋。
- 在Mouta完成的兩個岩心鑽孔都有浸染型黃鐵礦和矽化長英英安巖和英安巖角礫巖的相交區段,並有浸染型黃銅礦和閃鋅礦和強烈的黏土蝕變,化驗結果待定。
- Kalo Gold現在擁有多種數據集,包括地質填圖、多元素地球化學、岩石學、岩石地球化學、地球物理、高光譜和鑽孔數據。所有這些層面現在都將被整合到一個生成性研究中,以對包括鑽井在內的後續工作的目標進行排名和優先排序。
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.
溫哥華,BC/ACCESSWIRE/2023年6月12日/Kalo Gold Corp.(“Kalo“,”Kalo Gold““或”公司“)很高興地提供其旗艦Vatu Aurum金礦專案的勘探計劃的最新情況。專案“)位於斐濟共和國。勘探方案是考慮到斐濟的雨季而規劃的,一直持續到4月下旬,正在按計劃和預算進行。
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首席執行官兼P.Geo總裁特裡·L·塔克先生評論道:Kalo於2023年1月下旬宣佈的勘探計劃和時間表按計劃和預算進行,Kalo對迄今取得的進展感到非常滿意。野外勘探於1月下旬開始,4月下旬雨季結束後,Kalo於2023年5月成功完成了CSAMT地球物理計劃。到目前為止完成的勘探活動為Kalo提供了大量的地質、地球化學和地球物理資訊,Kalo將繼續分析這些資訊,這些資訊將有可能識別出高度優先的鑽探目標。對CSAMT結果的解釋尚待解決,但初步分析表明,Kalo擁有與金礦化帶相關的優先目標。一旦最終分析完成,Kalo將立即提供資訊。特別是,並在下文進一步討論,Drudrusavu前景已被確定為一個具有重大意義的領域。1992年,一個單獨的砂岩穹頂鑽孔(FDD03)與40米@0.6克/噸(“g/t”)Au(從36-76米)相交,其中包括10米@1.78克/噸金(從36-46米)和包括4米@3.78克/噸金(從40-44米)。Kalo正在準備進入該地區,因為預計將在Drudrusavu Prospects進行岩心鑽探。
BLEG SAMPLING PROGRAM
佈列格抽樣計劃
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.
散裝浸出可提金採樣計劃已成功地確定了一條33公里長的東北走向的金走廊,橫跨SPL 1464和SPL 1511兩個地塊,覆蓋367公里2.並組成這個專案。
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專案由17個樣本組成,與2019年和2020年完成的BLEG樣本相結合,成功地確定了一條33公里長的NE向金礦走廊,從東南部的Matailabasa到Kalo控制的東北部的Nubu。Nubu、Qiriyaga、Wainikoro復合體、Koroiwa和Coqeloa South勘探前景都顯示出超過10ppb Au的強烈BLeg異常(見圖1)。
This NE-trending corridor coincides with the two significant structural controls of Au mineralization evident on the Project:
這條北東向的走廊與該專案上明顯的兩個重要的金礦化構造控制相吻合:
- 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.
- 從Koroiwa-Wainikoro-2K-Qiriyaga-Nubu-Drudrusavu的地質、航磁和陸地衛星數據解釋Cirianiu-NE構造走廊;以及
- Coqeloa-10公里x 5公里解釋為類似火山口的特徵。
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.
這些構造上界定的區域,在BLEG結果中具有較高的金含量,是我們繼續勘探活動的優先事項和重點。已知的幾個金礦遠景位於這條北東向走廊內。
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.
佈列格區域覆蓋範圍現已達到229公里2.佔367公里的62%2.專案總面積。那些未被稻瘟病覆蓋的地區要麼位於主要水系的泛濫平原內,要麼位於平坦的農田(甘蔗和稻田)。BLEG現已100%完成對工程專案主要排水渠的所有支流進行抽樣。
STREAM SEDIMENT SAMPLING PROGRAM
水系沉積物採樣計劃
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)個樣本 區域尺度水系沉積物採樣計劃成功地確定了幾個具有已知和以前未知前景的優先目標流域。水系沉積物採樣結果勾勒出幾個遠景,特別包括Placer Dome在1992年曆史上勘探過的一個地區,稱為Drudrusavu遠景,位於奇裡亞加遠景以東2公里處(見圖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).
來自Drudrusavu Prospects的排水被歸類為“非常強烈的Au異常”,水系沉積物樣品中的Au返回580ppb Au。這一遠景最初是由Placer Dome在1992年鑽探的多元素土壤地球化學異常所定義的。鑽孔(FDD03)相交40米@0.6克/噸金(36-76米),其中10米@1.78克/噸金(36-46米),包括4米@3.78克/噸金(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.
水系沉積物的結果和BLEG地球化學一起成功地定義了一個大的121.35公里2.整個專案的異常金區域,現在使Kalo能夠專注於這些遠景區域,以供未來勘探。
CSAMT GEOPHYSICAL PROGRAM
CSAMT地球物理計劃
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.
可控源音頻大地電磁(“)CSAMT澳大利亞芬德地球物理有限公司於2023年5月12日完成了地球物理調查。共57.575線公里,覆蓋12.5公里2.在奇裡亞加山和德魯薩武上空,包括奇裡亞加山和維努布山脊金礦床的高品位淺成熱液金礦床的找礦工作已經完成。對CSAMT結果的詳細解釋正在與Kalo的諮詢地球物理團隊和公司的地質團隊一起進行,他們一直在努力完成地質和地球化學資料庫的高光譜蝕變和巖相學分析。這些資訊正在被納入一個新的地質、地球化學、蝕變模型,以劃定向量,以指導橫向和深度勘探,以確定鑽探目標。
CORE DRILLING PROGRAM
岩心鑽探計劃
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.
在對一條2.5公里長的歷史通道進行維護後,Mouta Prospects()穆塔“)調集了一臺Kalos鑽機開始岩心鑽探。Mouta位於Mouta火山口側翼奇裡亞加山探區西北約9公里處。Mouta探礦是一個330米長的NE向土壤異常,其特徵是Au-Ag-As-Sb-Hg-Cu-PbZn。Kalo證實了Mouta探礦中存在金-銀-銅礦化,包括:6.2g/t金、645g/t銀和3.12%銅從露出地面的岩屑樣品和3.06克/噸金、819克/噸銀和1.63%銅從庫存抓取的樣本中。
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.
現在已經完成了兩個鑽孔,KMD-2023-01(151.5米)和KMD-2023-02(280.5米),以測試Mouta前景。這兩個孔的鑽探於2023年5月2日開始,2023年5月27日完成(見圖3)。鑽芯已被地質記錄、取樣,並被送往澳大利亞的ALS Chemex進行分析。兩個鑽孔都與浸染型黃鐵礦和矽化長英英安巖和英安巖角礫巖相交,局部顯示浸染型黃銅礦和閃鋅礦以及強烈的黏土蝕變。當收到ALS Chemex的最終認證化驗後,該公司將報告這兩個孔的地球化學結果。
ONGOING EXPLORATION
正在進行的勘探
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.
該公司開始改善一條歷史悠久的道路,以便進入Drudrusavu Prospects(見圖2),以便將來進行鑽探。預計需要大約兩周時間完成,公司已規劃了兩個岩心鑽孔,以跟進1992年Placer Dome鑽孔FD003,該鑽孔返回了40m@0.6 g/t Au,其中10 m@1.78 g/t Au。該公司還將繼續對CSAMT數據進行持續的解釋和分析,以及將納入的詳細地質和蝕變建模,以進一步確定鑽石鑽探目標。
ABOUT KALO GOLD CORP.
關於卡洛黃金公司。
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是一家黃金勘探公司,專注於斐濟共和國瓦努阿列武島(北島)Vatu Aurum金礦專案的低硫化低溫熱液金礦勘探。Kalo擁有兩個特殊勘探許可證的100%權益,覆蓋367公里2.該地區至少有七個與火山弧有關的火山口,直徑在1公里至10公里之間,其地質環境類似於鄰近的瓦圖庫拉金礦和Lion One Metals的Tuvatu鹼性金礦專案中與鹼性有關的低硫化低溫熱液金礦床。歷史勘探工作集中在奇裡亞加山和維努布山脊金礦床上,確定了14個優先的淺成熱液金礦勘探目標。
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.
南島的Viti Levu和Vanua Levu都位於多產的太平洋“火環”上,這一趨勢已經產生了許多大型礦藏,包括Porgera、Lihir和Grasberg,以及特殊的Vatukoula金礦Viti Levu。自1937年以來,瓦圖庫拉金礦已經生產了700多萬盎司黃金。Viti Levu島還擁有完全許可的Tuvatu鹼性金礦專案,Lion One Metals正在快速追蹤一個高品位地下金礦開採業務。
Qualified Person
有資格的人
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.
本新聞稿中的技術披露已得到Terry L.Tucker,P.Geo的批准。加拿大證券管理人的國家文書43-101所定義的合格人員。
On behalf of the Board of Directors of Kalo Gold Corp.
我謹代表Kalo Gold Corp.董事會發言。
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.
特裡·L·塔克,P.Geo
總裁與首席執行官
和
Kevin Ma,註冊會計師,加利福尼亞州
資本市場部和董事常務副總裁總裁
欲瞭解更多資訊,請寫信至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.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Forward Looking Statements Disclaimer
前瞻性聲明免責聲明
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.
本新聞稿中的某些陳述是前瞻性陳述,這些陳述不是純粹的歷史性陳述,包括任何有關對未來的信念、計劃、預期或意圖的陳述。本新聞稿中的前瞻性陳述包括與公司擬議的鑽井時間表和擬議的勘探計劃擴大有關的陳述,以及公司未來在Vatu Aurum Gold的勘探計劃 專案。前瞻性陳述通常用“將”、“可能”、“應該”、“預期”、“預期”和類似的表達方式來識別。除歷史事實陳述外,本新聞稿中包含的所有陳述均為前瞻性陳述,涉及風險和不確定因素。不能保證這些陳述將被證明是準確和實際的結果,未來的事件可能與這些陳述中預期的大不相同。可能導致實際結果與公司預期大相徑庭的重要因素包括可能存在的任何礦藏的質量和數量、公司無法獲得其活動所需的任何必要許可、同意或授權、公司無法籌集必要的資本以充分實施其業務戰略,以及公司在2021年2月9日的申報聲明和最近提交給加拿大某些證券委員會的中期管理層討論和分析中披露的其他風險和不確定因素。
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.
提醒讀者,在編制本文中的任何前瞻性陳述時使用的假設可能被證明是不正確的。由於許多已知和未知的風險、不確定性和其他因素,其中許多是公司無法控制的,事件或情況可能會導致實際結果與預測的結果大不相同。提醒讀者不要過度依賴任何前瞻性資訊。這些資訊雖然在準備時被管理層認為是合理的,但可能被證明是不正確的,實際結果可能與預期的大不相同。本新聞稿中包含的前瞻性陳述明確地受到本警示性聲明的限制。本新聞稿中包含的前瞻性陳述是截至本新聞稿發佈之日作出的,公司將按照加拿大證券法的明確要求更新或公開修改任何包含的前瞻性陳述。
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)
圖1.2019年至2020年和2023年佈列格活動的金牌結果(定義了33公里長的佈列格走廊)。(>10 ppb黃金的排水面積=56.1公里2.1至10 ppb黃金=65.25公里2.)
Figure 2 - Vatu Aurum Gold Property - caldera features associated with alteration and rock and soil geochemistry results.
圖2-Vatu Aurum金礦屬性-與蝕變和岩石和土壤地球化學結果相關的火山口特徵。
Figure 3. KMD-2023-01 view to NW with mineralized outcrop target in foreground
圖3.前景為礦化露頭目標的KMD-2023-01西北部視圖
SOURCE: Kalo Gold Corp.
資料來源:卡洛黃金公司