KALO.V · 2025-10-15 12:00:00

Kalo Gold Drills New Discovery, Intersects Bonanza-Grade 12.80 g/t Au over 22.12 m, including 25.10 g/t Au over 10.05 m at Qiriyaga Complex, Vatu Aurum Project, Fiji

Drill Results

Kalo Gold Corp.

Suite 1507, 1030 West Georgia Street

Vancouver, British Columbia

V6E 2Y3, Canada

www.kalogoldcorp.com

(TSX.V: KALO)

Kalo Gold Drills New Discovery, Intersects Bonanza-Grade

12.80 g/t Au over 22.12 m, including 25.10 g/t Au over 10.05 m

at Qiriyaga Complex, Vatu Aurum Project, Fiji

VANCOUVER, BC — October 15, 2025 — KALO GOLD CORP . (TSXV: KALO) ("Kalo" or the "Company")

reports results from the 2025 Phase 1 drilling program, comprising eleven diamond drill holes

totaling 2,436.7 metres completed across the Qiriyaga Complex and Namalau Trend within the

Aurum Epithermal Field. The program has intersected bonanza -grade gold mineraliza�on in VA25-

DH11 at target QC1, Qiriyaga Complex on Kalo’s 100%-owned Vatu Aurum Project in Fiji, conﬁrming

the presence of a high- temperature epithermal system and valida�ng the Company’s diatreme

model (see news release dated October 1, 2025).

QIRIYAGA COMPLEX DRILLING (TARGET QC1)

Drilling at QC1 has delivered bonanza -grade gold mineraliza�on from the ﬁrst hole tes�ng the

interpreted diatreme margin, valida�ng Kalo’s geological model for the Qiriyaga Complex.

• 22.12 m @ 12.80 g/t Au from 43.48 m depth – VA25-DH11 (true width of 20.70 m)

o including 10.05 m @ 25.10 g/t Au

 including 7.00 m @ 35.01 g/t Au

 including 1.00 m @ 83.30 g/t Au

• Geophysics and structural interpreta�on indicate that QC1 extends to 395 m depth,

origina�ng near the intersec�on of the Namalau and Buca Faults.

• Sixteen similar high-resis�vity diatreme anomalies iden�ﬁed within the Qiriyaga Complex,

Vuinubu Ridge, Vuinubu South, Drudrusavu, and Loma highlight strong poten�al for mul�ple

and repeated diatreme centers (Figure 1).

NEXT STEPS AND DISTRICT-SCALE POTENTIAL

• Phase 2 drilling is underway to expand the high-grade zone at QC1.

• Sixteen addi�onal interpreted diatremes within the Aurum Epithermal Field are being tested

using the same geological model (Figure 1).

• Drill targets along the Namalau, Loma, and Buca Trends —which collec�vely host eighteen

iden�ﬁed epithermal upwelling zones (Figure 2)—will be tested to reﬁne vectors toward the

main gold zones prior to deeper step-out drilling.

• To date, only four targets have been drill tested, yet bonanza grades at QC1 and successful

vectoring at Namalau validate Kalo’s systema�c epithermal- and diatreme-targe�ng model.

• Mul�ple explora�on fronts are advancing simultaneously, including diatreme-margin drilling

within the Qiriyaga Complex, while regional programs at Wainikoro and Coqeloa con�nue to

progress.

Figure 1. Aurum Epithermal Field – Geophysical Resistivity Model (3D-CSAMT) and Structural

Interpretation. Three-dimensional model showing sixteen high- resistivity anomalies interpreted as

breccia bodies within the Qiriyaga Complex (1) and surrounding structural corridors (2–4 and B) .

Seven potential breccia bodies are delineated at Qiriyaga Complex, extending from surface to 395 m

depth, including QC1 (A) where VA25-DH11 intersected 22.12 m @ 12.80 g/t Au. Additional targets

are deﬁned at Vuinubu Ridge (2), Vuinubu South (3), and Drudrusavu (4), extending to depths of 200–

520 m along the Nubu Graben, Vunisea, Loma (B) and Buca fault intersections. These zones are

interpreted as diatreme or hydrothermal breccia conduits representing key ﬂuid pathways within a

vertically extensive epithermal system.

MANAGEMENT COMMENTARY

“VA

25-DH11 represents a signiﬁcant step forward in our understanding of the Vatu Aurum system,”

said Terry L. Tucker, P .Geo., President & CEO. “The 22.12 -metre intersec�on averaging 12.80 g/t

gold, with higher -grade zones up to 83.3 0 g/t Au, validates our diatreme -margin targe�ng model

and conﬁrms that we are opera�ng within a high-temperature epithermal environment. This hole is

the ﬁrst to test the interpreted QC1 diatreme margin—one of more than sixteen similar geophysical

signatures iden�ﬁed. Importantly, the same structural controls and geochemical indicators occur

across the broader Aurum Epithermal Field, where systema�c tes�ng has only just begun. Our

immediate focus is threefold: step -out drilling at QC1 to deﬁne the geometry of the miner alized

zone, tes�ng addi�onal diatremes using the same geological framework, and con�nuing surface

work along the Namalau, Loma, and Buca Trends to establish subsurface drill vectors. We are taking

a systema�c, data-driven approach to what we believe represents genuine district-scale poten�al.”

QC1 Diatreme

Figure 2: Aurum Epithermal Field – 2025 Phase 1 Drilling - Map showing the distribution of major

structural corridors and epithermal upwelling features within the Aurum Epithermal Field. Phase 1

drilling tested two of eighteen identiﬁed epithermal upwelling zones — Dua and Rua — within the

Namalau, Loma and Buca Trends, and the QC1 diatreme at the Qiriyaga Complex.

Image 1: VA25-DH11 (62.80-63.00 m depth – 18.10 g/t Au) showing chalcedonic quartz -cemented

hydrothermal breccia.

Image 2: VA25-DH11 (64.00-64.11 m depth – 83.30 g/t Au) showing chalcedonic quartz -cemented

hydrothermal breccia.

DRILL RESULTS — QIRIYAGA COMPLEX (QC1)

VA25-DH 11, the ﬁrst to test the interpreted diatreme margin at QC1, intersected bonanza-grade gold

mineraliza�on, as summarized in Table 1 below. The high-grade intercept was returned from the ﬁrst

hole drilled to test the interpreted diatreme margin at QC1, conﬁrming the eﬀec�veness of Kalo’s

geological model and marking a key advancement in understanding the system’s ver�cal extent.

From (m) To (m) Interval (m) Au (g/t)

43.48 65.60 22.12* 12.80

From (m) To (m) Interval (m) Au (g/t)

Including 55.55 65.60 10.05 25.10

Including 58.00 65.00 7.00 35.01

59.00 60.00 1.00 75.30

61.50 62.25 0.75 29.40

64.00 65.00 1.00 83.30

Table 1: VA25-DH11 drill results: *true width is 20.70 m, length-weighted composite

Intervals reported as downhole lengths . No top -cut has been applied. Composites are length-

weighted and may include internal dilu�on.

Image 3: VA25-DH11 (60.15-63.50 m depth) showing chalcedonic quartz -cemented hydrothermal

breccia. (including 61.50-62.25 m depth – 29.40 g/t Au)

DRILL RESULTS — NAMALAU TREND (DUA AND RUA)

• Drilling tested two of the eighteen iden�ﬁed upwelling zones (Dua and Rua) within the

Aurum Epithermal Field (Figure 2). The maximum ver�cal depth tested was 212 metres.

• Each hole intersected characteris�c features of the upper horizon of a ver�cally intact

epithermal system, including illite -dominated altera�on, dolomite -replacement textures,

and enrichment in pathﬁnder elements mercury (Hg), selenium (Se), arsenic (As), and

an�mony (Sb).

• These features conﬁrm that drilling intersected the shallow, preserved top of the epithermal

system—as predicted by the geological model.

• The altera�on and geochemistry indicate limited erosion, sugges�ng that the higher -grade

gold-bearing horizon remains intact and occurs deeper within the system, which will be a key

focus of upcoming drilling.

“At Namalau, we’ve intersected the upper part of the system — where our model predicted,” said

Terry L. Tucker, P .Geo., President & CEO. “The altera�on, textures, and pathﬁnder chemistry conﬁrm

a preserved epithermal system with the poten�al for a produc�ve gold zone below the current level

of drilling.”

Drill Hole ID Target Easting

(WGS84)

Northing

(WGS84)

Elevation

mean

ASL (m)

Azimuth Dip Depth

(m)

VA25-DH01 Namalau - Dua 780061 8194379 78 225 -45 176.3

VA25-DH02 Namalau - Dua 780105 8194339 81 225 -60 173.0

VA25-DH03 Namalau - Dua 779932 8194258 78 50 -45 229.9

VA25-DH04 Namalau - Dua 779989 8194306 100 50 -60 101.5

VA25-DH05 Namalau - Dua 779989 8194306 100 230 -60 108.6

VA25-DH06 Qiriyaga Complex

(Vunisea Area) 778876 8194462 49.5 125 -60 248.5

VA25-DH07 Namalau - Dua 779989 8194306 100 50 -80 303.8

VA25-DH08 Namalau - Rua 780271 8194584 56 165 -55 369.6

VA25-DH09 Qiriyaga Complex

(Vunisea Area) 779248 8194039 51 125 -60 323.5

VA25-DH10 Vunisea Fault 778912 8194432 53 45 -60 236.2

VA25-DH11 Qiriyaga Complex

(QC1 Structure) 779096 8194062 62 305 -70 204.5

Table 2: Drill collar location

VA25-DH01 through DH10 intersected epithermal altera�on and provided important vectoring

informa�on; no signiﬁcant gold intercepts were returned from these holes. VA25-DH11 delivered

the bonanza-grade discovery reported above.

QUALITY ASSURANCE / QUALITY CONTROL

rill core samples were collected under the supervision of qualiﬁed geological personnel following

industry-standard protocols. Samples were securely shipped to ALS Limited (Australia) for analysis.

Gold was analyzed by Au-AA25 (Ore Grade 30g FA AA Finish – Instrument AAS) . Mul� -element

geochemistry was analyzed by ME- MS61 (48 element four acid ICP -MS). The Company inserts

cer�ﬁed reference materials, blank samples, and ﬁeld duplicates into the sample stream as part of

its QA/QC program.

QUALIFIED PERSON

he technical informa�on in this news release was prepared, reviewed, and approved by Andrew

Randell, P .Geo., principal of SGDS Hive, a qualiﬁed person as deﬁned by Na�onal Instrument 43-101

of the Canadian Securi�es Administrators. Mr. Randell is independent of the Company and has

veriﬁed the data disclosed, having conducted mul�ple site visits and direct supervision of the

explora�on program.

ABOUT KALO GOLD CORP .

alo Gold Corp. (TSXV: KALO) is a gold explora�on company focused on low-sulphida�on epithermal

gold systems in Fiji. The 100%-owned Vatu Aurum Project spans 367 km² on Vanua Levu and is in a

preserved volcanic back-arc se�ng with district-scale gold poten�al. Explora�on is centered on the

Aurum Epithermal Field, where drilling, trenching, and geochemistry have outlined mul�ple

structurally controlled gold targets. Kalo's technical program is led by SGDS Hive.

On behalf of the Board of Directors

Terry L. Tucker, P .Geo.

President and Chief Execu�ve Oﬃcer

Kevin Ma, CPA, CA

Execu�ve Vice President, Capital Markets and Director

For more informa�on: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is deﬁned in the

licies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.

FORWARD-LOOKING STATEMENTS

This news release contains “forward-looking statements” within the meaning of applicable securi�es

laws. These statements reﬂect management’s current expecta�ons, strategic objec�ves, and

explora�on priori�es at the �me of this release. Forward-looking statements are not statements of

historical fact and include, but are not limited to:

• The Company’s planned mul� -phase explora�on and drilling program, including the

targe�ng of structurally controlled gold zones at Coqeloa, Aurum Prime, Namalau, Loma,

and Buca Trends, and the Qiriyaga Complex.

• Interpreta�ons of geological features, mineraliza�on con�nuity, and deposit poten�al,

based on geophysical surveys, surface sampling, and historical drill data, which are subject

to change as addi�onal drilling and veriﬁca�on work is conducted.

• The poten�al for district-scale gold mineraliza�on, subject to further explora�on, drilling,

and independent veriﬁca�on.

• All explora�on results, including geochemical data and historical intercepts, are preliminary

in nature and do not cons�tute a mineral resource es�mate. Further explora�on, including

drilling, is required to conﬁrm the con�nuity, grade, and extent of mineraliza�on at the Vatu

Aurum Project.

• The Company’s ability to secure suﬃcient ﬁnancing, obtain necessary regulatory approvals,

and establish strategic partnerships to advance explora�on and development ac�vi�es.

EXPLORATION RISKS & UNCERTAINTIES

Forward-looking statements are subject to geological, ﬁnancial, and regulatory risks that may cause

actual results to diﬀer materially from those an�cipated. These risks include, but are not limited to:

• Explora�on risk: There is no guarantee that current explora�on ac�vi�es will result in an

economically viable mineral resource.

• Drilling uncertainty: Trench and soil sampling results are not necessarily indica�ve of

subsurface mineraliza�on, and drilling is required to conﬁrm con�nuity, grade, and extent.

• Permit and regulatory risks: Explora�on ac�vi�es are subject to government approvals,

environmental regula�ons, and permi�ng requirements.

• Funding constraints: The Company’s ability to execute explora�on programs depends on

market condi�ons and ﬁnancing availability.

• Commodity price vola�lity: Gold price ﬂuctua�ons may impact the economic feasibility of

any future discoveries.

Forward-looking statements contained in this news release are based on current expecta�ons,

es�mates, forecasts, and projec�ons about Kalo Gold Corp.’s business, as well as beliefs and

assump�ons made by the Company’s management.

Readers are cau�oned that forward- looking statements are based on assump�ons that may not

prove to be correct. Actual results may diﬀer materially due to several known and unknown risks

and uncertain�es that are beyond the control of the Company.

Kalo Gold Corp. does not undertake any obliga�on to update or revise any forward- looking

statements, except as required by applicable securi�es laws. Readers should not place undue

reliance on forward-looking informa�on contained in this release.

For a more detailed discussion of risks and uncertain�es, please refer to Kalo Gold Corp.’s public

ﬁlings on SEDAR+ at www.sedarplus.ca.

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