While Kalo Gold Corp. (“Kalo”) has taken all reasonable care to ensure the accuracy of the information on this website, we shall not be held responsible for any eventualities arising from the use of this information. Visitors to this web site are advised to seek independent financial advice prior to making investment decisions. Nothing on this website constitutes an offer for sale of securities in the United States. The information on this website may be downloaded for personal use but may not be reproduced or modified without the permission of Kalo.
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Privacy Statement
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Forward Looking Statements
Certain of the statements contained within this website, including, without limitation, statements regarding the anticipated content, commencement and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, the anticipated preparation and timing of an updated 43-101 resource estimate, the potential for a significant expansion of the resource, the economic outlook for the gold mining industry, Kalo’s (the Company) expectations regarding gold prices and production, and its future liquidity and capital resources and planned expenditures, are forward-looking statements.
Information concerning mineral resource estimates may also be deemed to constitute forward-looking statements in that these statements reflect predictions of mineralization that would be encountered if a mineral deposit were to be developed and mined. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.
Accordingly, the Company cautions that any forward-looking statements are not guarantees of future results or performance, and that actual results may differ materially from those set out in the forward-looking statements as a result of; among other factors, variations in the nature, 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, material adverse changes in economic and market conditions, changes in the regulatory environment and other government actions, fluctuations in commodity prices and exchange rates, the inability of the Company to raise the necessary capital for its ongoing operations, and business and operational risks normal in the mineral exploration, development and mining industries, as well as the risks and uncertainties disclosed in the Company’s most recent
Management Discussion and Analysis
The Management Discussion and Analysis is filed with certain provincial securities commissions in Canada, available at www.sedar.com. The Company undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of posting to this website or to reflect the occurrence of unanticipated events. All subsequent written or oral forward-looking statements attributable to the Company or any person acting on its behalf are qualified by the cautionary statements herein.
NI 43-101
Kalo prepared an independent technical report with respect to the Property in accordance with the requirements of NI 43-101. The technical report was filed on Kalos SEDAR+ profile on 27 September 2021 and was effective from the 9 September 2021..
2017 Resource Calculation – Details and Assumptions
The historical mineral resource estimate, with respect to the Property, was prepared by Roberto Tan (MAusIMM), and Roman Celis, Jr. in a report dated 19 February 2017 for Kalo Exploration Ltd. In their report titled, “2017 Cirianiu Gold Project Resource Evaluation”, the authors used categories and definitions consistent with CIM Definition Standards of Mineral Resources and Mineral Reserves (November 27, 2010) at the time of completion of the “estimate”. A total of 71 diamond drill holes totally 8,483.85 m were considered in the modelling. The deposit model was constructed using Micromine software and by modelling four hard boundary domains based on lithology and weathering: Oxide Zone, Fresh Zone, HBX, and LST and AND. A block model was constructed using 5 m x 5 m x 5 m parent cells with a sub-blocks of 2 m x 2 m x 2 m. Grade estimation was carried out using linear estimation methods. Drill hole sample data were composited over down-hole lengths of 1.0 m and back-tagged for rock type from the geologic model. A cut-off grade of 2.0 g/t Au was applied and a specific gravity (bulk density) of 1.95 was used. Verification of the historical resources would require the twinning of a selected number of historical drill holes used in the historical estimate such that a statistically significant number of core sample assay results from the region of the historical resource could be generated. A qualified person has not done sufficient work to classify the historical estimates as current mineral resources and therefore the Company is not treating the historical estimates as current mineral resources. Investors are cautioned that the historical estimates do not mean or imply that economic deposits exist on the Property.
The Company has not undertaken any independent investigation of the historical estimate or other information contained in this presentation nor has it independently analyzed the results of the previous exploration work in order to verify the accuracy of the information.
The technical information in this webpage and elsewhere in the website was reviewed by Terry L Tucker, PGeo, a qualified person as defined by National Instrument 43-101 and an officer of the Company.