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Exploration Update of Vatu Aurum Gold Project, Fiji

Exploration Update of Vatu Aurum Gold Project, Fiji

斐濟瓦圖奧魯姆黃金項目的勘探最新情況
Accesswire ·  2023/12/11 22:20

VANCOUVER, BC / ACCESSWIRE / December 11, 2023 / KALO GOLD CORP. ("Kalo", "Kalo Gold" or the "Company") is pleased to provide an update on the ongoing 2023 Phase 3 exploration program at its flagship 100% owned Vatu Aurum Gold Project ("Vatu Aurum" or the "Project"), Republic of Fiji.

不列顛哥倫比亞省溫哥華/ACCESSWIRE/2023年12月11日/KALO GOLD CORP.(“Kalo”、“Kalo Gold” 或 “公司”)很高興提供其位於斐濟共和國的旗艦100%持股的Vatu Aurum黃金項目(“Vatu Aurum” 或 “項目”)正在進行的2023年第三階段勘探計劃的最新情況。

Field exploration work completed to date in 2023 has resulted in a significant and improved understanding of the geological setting of the epithermal gold mineralization at Vatu Aurum and has confirmed the district-scale gold potential. Importantly, the Company has documented widespread sinters (paleo-surface expression of epithermal systems) that will provide an important vectoring tool for gold discoveries. Furthermore, the alteration distribution associated with the most advanced target on the Project, the Qiriyaga Hill Prospect, indicates a shallow level of erosion of the epithermal systems of between 50 meters ("m") to 100 m, implying that the precious metal-bearing boiling zone is at depth. The Qiriyaga Hill Prospect is associated with fragmental units with juvenile clasts and bedded sedimentary units that probably constitute a maar volcanic setting with the fragmental (breccia) units present as a result of phreatomagmatic eruptions. These phreatomagmatic vents would be interpreted to be a key target related to gold bearing hydrothermal fluids. The presence of numerous sinter deposits, hosted by fragmental units at the crater (maar) level, indicates that the gold epithermal systems are fully intact. The precious metal boiling zone is interpreted to be >100 m deeper than most of the drilling conducted to date; on this basis an array of new targets is being developed with an updated geological and exploration model.

2023年迄今爲止完成的實地勘探工作使人們對瓦圖奧魯姆超熱金礦化的地質環境有了顯著和更好的了解,並證實了該地區規模的黃金潛力。重要的是,該公司已經記錄了廣泛的燒結(超熱系統的古表面表現),這將爲金礦的發現提供重要的矢量工具。此外,與該項目最先進的目標,即Qiriyaga Hill Prospect相關的變化分佈表明,淺熱系統的侵蝕水平在50米(“m”)至100米之間,這意味着含貴金屬的沸騰區位於深處。Qiriyaga Hill Prospect與帶有幼碎塊和層狀沉積單元的碎片單元有關,這些單元可能構成了馬爾火山環境,碎片(角礫岩)單元是由於地震岩漿噴發而存在的。這些滲透岩漿噴口將被解釋爲與含金的熱液體有關的關鍵目標。存在大量燒結礦牀,這些礦牀由火山口(maar)層面的碎片單元構成,這表明金超熱系統完全完好無損。據解釋,貴金屬沸騰區比迄今爲止進行的大多數鑽探深度大於100 m;在此基礎上,正在使用更新的地質和勘探模型開發一系列新的目標。

Terry L. Tucker, Kalo Gold President and CEO stated, "It has been a productive year for Kalo Gold. Our ongoing 2023 exploration program confirms the district-scale potential at Vatu Aurum and the potential for the discovery of several epithermal gold deposits. The drilling and exploration program adhered to our project budget. The objective of the 2023 fieldwork completed to date, and that ongoing, will allow Kalo to focus on specific targets within an epithermal gold system framework. The drill results at Drudrusavu were very encouraging, especially with the positive correlation between the results of the CSAMT survey and newly discovered alteration and mineralization. The completed and ongoing exploration work will provide an important basis to develop specific targets and focus for the 2024 exploration and diamond drilling program."

Kalo Gold 總裁兼首席執行官特里·塔克表示, “對於Kalo Gold來說,這是富有成效的一年。我們正在進行的2023年勘探計劃證實了Vatu Aurum的區域規模潛力以及發現幾個超成熱金礦牀的潛力。鑽探和勘探計劃符合我們的項目預算。迄今爲止已完成且仍在進行的2023年實地考察的目標將使Kalo能夠專注於淺成熱金系統框架內的特定目標。德魯薩武的鑽探結果非常令人鼓舞,尤其是CSAMT的調查結果與新發現的蝕變和礦化呈正相關。已完成和正在進行的勘探工作將爲制定2024年勘探和鑽石鑽探計劃的具體目標和重點提供重要基礎。”

The 2023 exploration work program highlights include:

2023 年勘探工作計劃的亮點包括:

  1. A Property scale bulk leach extractable gold ("BLEG") sampling program that successfully defined a 33 kilometer ("km") long NE-trending gold corridor across the Property. Numerous epithermal gold targets have been discovered within this corridor including Nubu, Qiriyaga Hill, Wainikoro Complex, Koroiwa and Coqeloa South Prospects. (See press release: Vatu Aurum Exploration Update 12 June 2023
  2. A Property scale stream sediment sampling program successfully identified several priority target drainages with known and previously unknown Prospects. (See press release: Vatu Aurum Exploration Update 12 June 2023
  3. A Controlled-Source Audio-frequency Magnetotellurics ("CSAMT") geophysical survey consisting of 57.6-line km covering 12.5 km2 over Qiriyaga Hill Prospect, which includes Drudrusavu, was completed, including coverage of the epithermal gold mineralization of the Qiriyaga Hill and Vuinubu Ridge Gold Deposits. A detailed interpretation of the CSAMT results defined six priority target areas with high resistivity associated with known surface gold mineralization. See Figure 1. (See press release: Vatu Aurum Exploration Update 21 September 2023
  4. The Company renewed the cornerstone Special Prospecting License ("SPL") 1464, one of two SPLs that make up the Project, for a term of five years to the 4 July 2028. (See press release: Vatu Aurum Permit Renewal 31 July 2023
  5. Exploration diamond drilling completed at Drudrusavu Prospect, located within the Qiriyaga Hill Prospect area, identified a new and separate epithermal gold system characterized by two stages of quartz-sulphide mineralization with anhedral and open-space (comb) textures within silica-chlorite altered polymictic breccia and dacite. Drudrusavu is associated with a large CSAMT resistivity high target (labelled target 5 in Figure 1). A total of 87 m of alteration and quartz veining was intersected in three zones in KGD-2023-08 and 65 m was intersected in three zones in KGD-2023-09. This new epithermal gold discovery warrants testing and follow up work along strike and at depth. See photos 1 and 2. (See press release: Vatu Aurum Exploration Update 27 September 2023
  6. Exploration diamond drilling was completed at Mouta Prospect which successfully intersected two styles of mineralization. The first is the shear-style mineralized zone and the second is the broad zone of multi-directional epithermal sulfide veinlets consisting of zinc sulfides (sphalerite and marmatite) along with pyrite, and minor chalcopyrite. The mineralization is interpreted to be related to a shallowly eroded phreatomagmatic eruption setting like the other Prospects or possibly it is a telescoped epithermal system. (See press release: Vatu Aurum Exploration Update 27 September 2023)
  7. A team of geologists, with strong experience in mapping volcanic rocks, including settings with phreatomagmatic breccias and epithermal mineralization, continue to synthesize exploration data including: i) detailed geological and geochemical data from surface mapping of outcrops and trenches; ii) geological and geochemical insights from re-logging drill core from Qiriyaga Hill Prospect with an emphasis on lithology and alteration; iii) integration of the CSMAT and other geophysical databases. The goal of this work is to correlate geological units, identify vents sources, identify boiling zones, determine controls on gold mineralization and establish an updated and comprehensive geological and exploration model.
  1. 一項房地產規模的散裝浸出可提取黃金(“BLEG”)採樣計劃成功地定義了橫跨該物業的33千米(“km”)長的Ne趨勢黃金走廊。在這條走廊內已經發現了許多超熱金目標,包括努布、奇里亞加山、懷尼科羅綜合體、科羅伊瓦和科克洛亞南方勘探區。(參見新聞稿:Vatu Aurum Exploration 更新 2023 年 6 月 12 日
  2. 一項物業規模的溪流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排水溝。(參見新聞稿:Vatu Aurum Exploration 更新 2023 年 6 月 12 日
  3. 一項受控源音頻大地電磁學(“CSAMT”)地球物理測量,包括57.6線千米,覆蓋12.5千米2 包括德魯薩武在內的 Qiriyaga Hill Prospect 已經完成,包括對基里亞加山和武伊努布嶺金礦牀的超熱金礦化覆蓋範圍。對CSAMT結果的詳細解釋確定了六個與已知地表金礦化相關的具有高電阻率的優先目標區域。參見圖 1。(參見新聞稿:Vatu Aurum Exploration 更新 2023 年 9 月 21 日
  4. 該公司將構成該項目的兩個SPL之一的基石特殊探礦許可證(“SPL”)1464續訂了五年,有效期至2028年7月4日。(參見新聞稿:Vatu Aurum 許可證續期 2023 年 7 月 31 日
  5. 位於Qiriyaga Hill Prospect區的Drudrusavu Prospect完成了鑽石勘探鑽探,發現了一個新的獨立超成熱金系統,其特徵是石英-硫化物礦化的兩個階段,在二氧化硅-亞氯酸鹽變化的多晶角礫岩和輝巖中呈無面體和開放空間(梳狀)紋理。Drudrusavu 與大型 CSAMT 電阻率高靶相關(圖 1 中標記爲目標 5)。在 KGD-2023-08 中,三個區域共有 87 米的蝕變和石英脈相交,KGD-2023-09 的三個區域共相交 65 米。這一新的超熱金髮現值得沿着走向和深度進行測試和後續工作。參見照片 1 和 2。(參見新聞稿:Vatu Aurum Exploration 更新 2023 年 9 月 27 日
  6. 在Mouta Prospect完成了鑽石勘探鑽探,成功地穿越了兩種礦化方式。第一個是剪切式礦化帶,第二個是由多向超熱硫化物礦脈組成的寬帶,由硫化鋅(閃鋅礦和鐵礦石)、黃鐵礦和少量黃銅礦組成。礦化被解釋爲與其他 “勘探區” 一樣的淺層侵蝕的超熱岩漿噴發環境有關,或者可能是一個望遠鏡超熱系統。(參見新聞稿:Vatu Aurum Exploration 更新 2023 年 9 月 27 日)
  7. 一組地質學家在測繪火山岩方面擁有豐富經驗,包括有超微岩漿角礫岩和超熱礦化的環境,他們繼續綜合勘探數據,包括:i) 來自露頭和溝槽地表測繪的詳細地質和地球化學數據;ii) 從Qiriyaga Hill Prospect重新測井鑽芯中獲得的地質和地球化學見解,重點是巖性和變化;iii) CSMAT 的整合以及其他地球物理數據庫。這項工作的目標是關聯地質單位,確定噴口來源,確定沸騰區,確定金礦化的控制措施,並建立更新的全面地質和勘探模型。

The focus of the ongoing work is to rank and prioritize targets for follow-up drilling in 2024 that will lead to a significant gold discovery - interpretation of preliminary results to date indicates the key focus will be the Qiriyaga Hill Prospect.

正在進行的工作重點是對2024年後續鑽探目標進行排序和優先排序,這將導致重大金礦的發現——對迄今爲止的初步結果的解釋表明,重點將是Qiriyaga Hill勘探區。

ABOUT KALO GOLD CORP.

關於 KALO GOLD CORP.

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. 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.

黃金勘探公司Kalo Gold Corp專注於勘探位於斐濟共和國瓦努阿勒武島(北島)的瓦圖奧魯姆金礦項目的低硫化淺熱液金礦牀。Kalo持有兩份特殊探礦許可證的100%權益,涵蓋367公里2 那裏至少有七個與火山弧相關的火山口,直徑介於1千米至10千米之間。歷史勘探工作集中在Qiriyaga山和Vuinubu Ridge金礦牀上,最終確定了超過十四個優先的淺熱金勘探目標。

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. Tuvatu is now operating and targeting production expansion and additional growth through exploration.

維提島(南島)和瓦努阿列武都位於多產的太平洋 “火環” 上,這一趨勢產生了許多大型礦牀,包括波爾傑拉、利希爾和格拉斯伯格,以及維提島上特有的瓦圖庫拉金礦。自1937年以來,瓦圖庫拉金礦已經生產了超過700萬盎司的黃金。維提島還擁有完全許可的圖瓦圖鹼性黃金項目,Lion One Metals正在該項目快速追蹤高品位地下金礦開採業務。圖瓦圖目前正在運營,目標是通過勘探擴大產量和實現進一步增長。

Qualified Person

合格人員

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獲得加拿大證券管理局國家儀器43-101所定義的合格人士 Terry L. Tucker的批准。

On behalf of the Board of Directors of Kalo Gold Corp.

代表 Kalo Gold Corp. 董事會

Terry L. Tucker, P.Geo.

Terry L. Tucker,P.Geo

President and Chief Executive Officer

總裁兼首席執行官

Kevin Ma, CPA, CA

馬凱文,註冊會計師,加利福尼亞州

Executive Vice President, Capital Markets and Director

資本市場執行副總裁兼董事

For more information, please write to info@kalogoldcorp.com.

欲了解更多信息,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.

多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在交易所政策中定義)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,這些陳述不純粹是歷史陳述,包括與對未來的信念、計劃、預期或意圖有關的任何陳述。本新聞稿中的前瞻性陳述包括與公司擬議的鑽探時間表和擬議的勘探計劃擴展有關的聲明,以及公司未來在Vatu Aurum Gold上進行勘探的計劃 項目。前瞻性陳述通常用 “將”、“可能”、“應該”、“預期”、“期望” 等術語來識別。除歷史事實陳述外,本新聞稿中包含的所有陳述均爲涉及風險和不確定性的前瞻性陳述。無法保證此類陳述會被證明是準確和實際的結果,未來事件可能與此類聲明中預期的事件存在重大差異。可能導致實際業績與公司預期存在重大差異的重要因素包括可能存在的任何礦牀的質量和數量,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金來完全實施其業務戰略,以及公司在2021年2月9日的申報聲明和向其提交的最新中期管理層討論和分析中披露的其他風險和不確定性加拿大的某些證券委員會。

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,此處在準備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,事件或情況可能導致實際結果與預測結果存在重大差異。提醒讀者不要過分依賴任何前瞻性信息。儘管管理層在編制時認爲此類信息是合理的,但可能被證明是不正確的,實際結果可能與預期結果存在重大差異。本警告聲明明確限定了本新聞稿中包含的前瞻性陳述。本新聞稿中包含的前瞻性陳述自本新聞稿發佈之日起作出,公司將按照加拿大證券法的明確要求公開更新或修改所包含的任何前瞻性陳述。

Figure 1: Qiriyiga Hill Prospect - CSAMT 1D Inversion at 200 meters with six key target zones identified.
圖 1:Qiriyiga Hill Prospect——200米處的CSAMT一維反轉,確定了六個關鍵目標區域。
Photo 1: KGD-2023-08: Close-up of the interval which returned 4.17 g/t Au from 53 m to 54 m. Note the abundant quartz veining with open-space epithermal textures.
照片 1:KGD-2023-08:從 53 米到 54 米返回 4.17 g/t Au 的間隔特寫。注意具有開放空間超熱紋理的豐富石英脈脈。
Photo 2: KGD-2023-08: Close-up of the banded, 5 centimeter thick quartz-pyrite-chalcopyrite veinlet at 74.45 m. Assays returned 1 m at 1.54% Cu and 21 g/t Ag from 74 m to 75 m.
照片 2:KGD-2023-08:74.45 米處帶狀的 5 厘米厚的石英黃鐵礦脈的特寫鏡頭。化驗結果從 74 米到 75 米處返回 1 米,銅含量爲 1.54%,銀含量爲 21 g/t。

SOURCE: Kalo Gold Corp.

來源:Kalo Gold Corp.


View the original press release on accesswire.com
在 accesswire.com 上查看原始新聞稿

譯文內容由第三人軟體翻譯。


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