What Does a $12.45 Million War Chest Mean for Kalo Gold’s Fiji Ambitions?
With $12.45 million secured and the books closed, the Vancouver-based explorer turns its full attention to drilling the volcanic gold systems of Fiji.
Fiji might be famous for its pristine beaches and premium bottled water, but for Vancouver-based Kalo Gold Corp. (TSXV: KALO), the real treasure lies buried beneath the volcanic soil of the North Island. The company has officially replenished its treasury, announcing the final closing of a substantial financing effort that brings its total gross proceeds to a robust $12.45 million. With the ledger balanced and the subscription books closed, the junior explorer is now fully funded to turn its attention from the boardroom to the drill rig at its flagship Vatu Aurum Project.
The timing of this "war chest" is no accident. It follows a breakout year where Kalo Gold began to prove that its Vatu Aurum Project isn't just a scenic plot of land, but a host to potentially bonanza-grade epithermal systems. The company’s technical team has likely been itching to follow up on the eye-watering results reported from the Qiriyaga Complex in late 2025. The headline grabber was drill hole VA25-DH11, which cut through 22.12 meters grading 12.80 grams per tonne (g/t) gold. If that wasn't enough to wake up the market, the core included a screaming 1-meter interval grading 83.30 g/t gold.

