Kalo Gold (TSX‑V:KALO) reports gold grades up to 7.83 grams per tonne from a newly identified vein system at its Wainikoro target within the Vatu Aurum Project in Vanua Levu, Fiji.
Seven rock samples from a single outcrop returned gold (Au) assays up to 7.83 g/t and silver (Ag) grades up to 108g/t, with five of the seven samples exceeding 2g/t Au.
The samples were collected from two intersecting epithermal quartz vein sets exposed over approximately 15m of strike length.
Dubbed the New Vein Cluster, the outcrop sits 270m northeast of the principal Wainikoro graben structure along the margin of a discrete magnetic low.
“Seven samples from one outcrop, five of them above 2g/t gold and the best at 7.83g/t, is a strong return from ground we had not sampled before,” CEO Terry Tucker notes.
The gold and silver mineralisation occurs on two intersecting vein orientations, interpreted as at least two separate episodes of veining and hydrothermal activity.
“What makes it more than a good rock sample is the structure,” Tucker adds.
“The gold and silver sit on two different vein orientations that cut one another, which tells us there has been more than one episode of hydrothermal activity in the same place.”
The discovery may represent an additional structurally focused hydrothermal centre developed along subsidiary fault systems within the broader Wainikoro epithermal system.
Kalo Gold plans follow‑up geological mapping, structural measurement, and trench sampling across the New Vein Cluster. Ground geophysical surveys are underway across Wainikoro.
The company holds 100% ownership of the 367km2 Vatu Aurum Project on Vanua Levu, Fiji.
Kalo Gold is a discovery-focused gold exploration company advancing the 100%-owned Vatu Aurum Project in Fiji and the AxelGold Project in British Columbia, Canada.
Write to JC Villarba at Mining.com.au
Images: Kalo Gold
