Northwire Canada EditionSunday, July 26, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results Material +

Kalo Gold Confirms Vertically Continuous Gold System at Qiriyaga Complex and Identifies Untested Epithermal Feeder Target at Depth - 16.90 m at 3.25 g/t Au

“Deep‑drill breakthrough confirms continuous gold system at Qiriyaga, unlocking high‑grade feeder zone”

Executive Summary

Kalo Gold announced drill hole VA26‑DH17 (QC1 target) intersected a 16.90 m interval averaging 3.25 g/t Au (true width ~16.1 m), including a 9.00 m @ 4.66 g/t Au core zone. The hole validates a vertically continuous gold system from surface to the diatreme, confirming mineralization across three independent diatreme structures (QC1, QC3, QC4) and a blind geophysical target (QC4). An interpreted primary feeder zone at ~395 m depth remains untested and is now highlighted as a high‑priority future drill target.

Material Impact
  • New information vs. prior expectations: Earlier releases (Oct 2025 – Oct 2025 drilling) disclosed bonanza‑grade intercepts at QC1 but left open the question of vertical continuity. The April 2026 result directly answers that, demonstrating a coherent hydrothermal system rather than isolated pockets.
  • Grade and thickness: 16.90 m @ 3.25 g/t Au is materially higher than typical bulk‑tonnage epithermal intercepts and adds a sizeable near‑surface resource potential. The sub‑interval of 9 m @ 4.66 g/t Au further strengthens the economic case.
  • Project advancement: Confirmation of continuity across multiple diatreme structures expands the drillable envelope, justifying deeper step‑out drilling into the ~395 m feeder zone. This de‑risks the model and could substantially increase inferred resources if depth targets prove similarly mineralized.
  • Market reaction potential: The stock has been trading in a narrow $0.20‑$0.46 range; this result is likely to trigger renewed buying interest, especially from exploration‑focused investors seeking high‑grade epithermal systems.

Overall, the news delivers genuinely new, positive material that improves the technical outlook and justifies higher valuation multiples relative to peers.

KALO · Price
Company Overview

Kalo Gold Corp. is a junior gold explorer focused on the Vatu Aurum Project (367 km²) in Fiji’s Vanua Levu island. The project hosts multiple low‑sulphidation epithermal systems, notably the Qiriyaga Complex, Namalau Trend, and newly re‑classified Coqeloa target. Exploration strategy combines airborne geophysics, LiDAR, detailed mapping, extensive soil & trench sampling, and a phased drilling program targeting diatreme margins and deep feeder zones.

Read the original news release →

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