Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Kalo Gold Expands Wainikoro Epithermal System with Additional Quartz Veins and Mercury Anomalies, Vatu Aurum

Kalo identifies mercury anomalies and quartz veins expanding the Wainikoro epithermal target in Fiji.

Executive Summary

Kalo Gold Corp. released an exploration update on July 8, 2026, focusing on the Wainikoro target within its 100%-owned Vatu Aurum Project in Fiji. The company identified converging geological data supporting a low-sulphidation epithermal gold system, including multiple mercury anomalies near major fault intersections, hydrothermally altered breccias, and new quartz veining.

Outcrop sampling returned 5,505 detectORE™ units (~5.5 g/t Au estimated), with four follow-up samples showing consistent anomalous gold responses (1,181 to 3,228 dU). Samples have been submitted to ALS Limited for certified Fire Assay confirmation. Geophysical data shows strong spatial correlation between airborne radiometric potassium, magnetic lows, and mercury-in-soil hotspots.

Next steps include designing ground geophysical surveys (CSAMT, IP, gravity) to define subsurface structures and integrating datasets to prioritize drill targets.

Material Impact

Kalo Gold Corp. (KALO) released results representing an expected, incremental step in its ongoing exploration program at Wainikoro. The update follows directly from the June 30, 2026 drilling update and the June 9, 2026 surface sampling update, continuing the narrative of structural convergence and pathfinder anomalies.

The detectORE™ screening values are preliminary and semi-quantitative; they are not certified drill results and do not yet define a mineral resource. The news aligns with management's stated exploration roadmap and does not introduce unexpected catalysts or material financial changes.

KALO · Price
Company Overview

Kalo Gold Corp. is an exploration-stage gold company focused on the Vatu Aurum Project in Vanua Levu, Fiji. The project covers 367 square kilometers across two Special Prospecting Licences, with Licence 1511 renewed for three years effective March 2025. The flagship target is the Vatu Aurum Project, interpreted as a single, multi-phase, structurally reactivated volcanic complex hosting low-sulphidation epithermal gold systems. Key exploration areas include the Aurum Prime complex, which encompasses the Namalau, Loma, and Buca trends as well as the Qiriyaga Complex, and the Wainikoro target. The company is in the greenfield exploration phase with no disclosed mineral resources, reserves, or economic studies.

Read the original news release →

More from Kalo Gold Corp.