KALO GOLD Identifies Potential FOR Another Epithermal GOLD System at Wainikoro, Vatu Aurum Project, Fiji
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Kalo Gold Corp.
Suite 1507, 1030 West Georgia Street
Vancouver, British Columbia
V6E 2Y3, Canada
www.kalogoldcorp.com
(TSX.V: KALO)
KALO GOLD IDENTIFIES POTENTIAL FOR ANOTHER EPITHERMAL GOLD
SYSTEM AT WAINIKORO, VATU AURUM PROJECT, FIJI
Vancouver, Bri�sh Columbia / October 27, 2025 / Kalo Gold Corp. (TSX -V: KALO) ("Kalo" or the
"Company") has confirmed that the Wainikoro hosts a similar style of epithermal gold system as
Aurum Prime, located 5 kilometres to the northeast (Figure 1). Geological mapping, soil sampling,
altera�on and geochemical analysis completed in September 2025 demonstrated strong geological
and geochemical similari�es between the two areas.
KEY HIGHLIGHTS
• Broad gold at surface: Historical trenching returned up to:
o 32 m @ 0.56 g/t Au (including 12 m @ 1.0 g/t Au) (historical trench TR17-5K05*);
o 24 m @ 1.0 g/t Au (including 2 m @ 3.41 g/t Au) (historical trench TR13-5K04*);
• 2025 fieldwork: Geological mapping, soil sampling, and altera�on mapping have iden�fied a
preserved clay– silica (acid -sulfate) lithocap with sinter, chalcedony ridges, and quartz-
adularia veinlets — features consistent with a shallow, ver�cally intact low -sulphida�on
epithermal system over a 12.5 square kilometer area (Figure 2).
• Strong pathfinder signature: Elevated arsenic, an�mony and mercury and advanced argillic
altera�on (illite–kaolinite–alunite–barite assemblages) define a robust geochemical halo.
• Hydrothermal breccias: Breccia zones accompanied by sinter and quartz veinlets at TR13 -
5K04 confirm acid-sulfate altera�on and near-surface vent facies, suppor�ng historical data
and indica�ng proximity to the upper boiling horizon of the system (see Photos 1 to 4).
• District-scale con�nuity: Results confirm that the Nubu Graben can poten�ally host mul�ple
epithermal systems, as demonstrated by Wainikoro and Aurum Prime occurring 5 km apart
along this structural corridor, where graben flexures promote extensional se�ngs ideal for
epithermal fluid upflow and gold deposi�on. The Nubu Graben is an extensive structural
corridor exceeding 30 kilometres in length within ground controlled by Kalo.
”Our new mapping at Wainikoro has confirmed that this is the same geological environment that
hosts Aurum Prime. The preserved silica caps, vein textures, and clay -silica alteration at surface
are diagnostic of a vertically intact epithermal system. Having now validated two separate
epithermal complexes along the Nubu Graben demonstrates the district -scale gold potential of
this structural corridor. The abundance of preserved surface features at Wainikoro makes it a
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high-priority exploration area alongside our ongoing work at Aurum Prime." — Terry L. Tucker,
P .Geo., President & CEO
NEXT STEPS
The Company's 2025-2 026 planned Wainikoro work program includes:
• Expanded geological mapping, systema�c trenching, and soil geochemistry.
• Integra�on of Portable PPB detectORE ™ and TerraSpec® Halo mineral iden�fier data with
structural interpreta�on to refine target areas. The Portable PPB detectORE ™ system is a
field-deployable geochemical analyzer that measures gold directly from soil or rock samples
within hours, enabling rapid decision- making without relying on laboratory turnaround
�mes. The TerraSpec® Halo mineral iden�fier uses short-wave infrared (SWIR) spectroscopy
to characterize altera�on minerals such as illite, kaolinite, and chlorite in real �me. Together,
these instruments provide con�nuous geochemical and mineralogical data in the field,
allowing Kalo to integrate gold values, altera�on zona�on, and structural interpreta�on to
refine drill targets efficiently and accurately.
F
igure 1: Regional soil geochemical program coverage - 12,079 soil samples – 2024 (teal) and 14,573
soil samples – 2025 (green).
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Figure 2: Wainikoro (labelled 2 in Figure 1 above) – Trench locations in relation to Nubu Graben Faults
GEOLOGICAL SETTING
The 2025 fieldwork confirmed that Wainikoro pr eserves all the key features of a produc�ve
epithermal gold system: preserved altera�on zones at surface that indicate the system extends to
depth, the same geochemical signature as Aurum Prime, and evidence of gold deposi�on in a boiling
zone—the ideal se�ng for high-grade mineraliza�on.
Surface geology and altera�on:
• Regional geophysics and mapping data show that the Nubu Graben passes through the
Wainikoro area, and crucially where a flexure in the graben fault has formed that promotes
extensional se�ngs, like at Aurum Prime, which are excellent precursors for epithermal
systems.
• Fieldwork iden�fied extensive sinter and chalcedony exposures along ridgelines, underlain
by basalt, andesite, and tuff units that are locally brecciated.
• In lower topographic areas, hema�te -altered basalt hosts pyrite mineraliza�on associated
with manganese oxides and vugs infilled by specular hema�te and microcrystalline quartz.
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TerraSpec® Halo mineral iden�fier confirms preserved epithermal system:
• TerraSpec® analyses indicate the presence of illite and barite associated with pyrite-bearing
zones, chalcedony-sinter ridges, and surrounding volcanic rocks.
• These mineral assemblages and altera�on styles are consistent with an acid -sulphate
lithocap environment, suppor�ng the historical model and sugges�ng poten�al for shallow
gold mineraliza�on within a ver�cally preserved low-sulphida�on epithermal system.
• Associated Mn–Ba enrichment and kaolinite–alunite altera�on delineates a well-developed
acid-sulphate (clay–silica) lithocap like that observed at Aurum Prime.
Vein textures diagnos�c of boiling-zone deposi�on:
• The vuggy, banded, and bladed quartz-chalcedony veins iden�fied in mapping coincide with
the sinter and chalcedony ridges documented in the 2025 fieldwork.
• These textures, together with pyrite ± hema�te and quartz-adularia overprints, are typical of
boiling-zone deposi�on—the same geological se�ng that hosts Aurum Prime.
Shares for Debt Setlements
Further to its news release dated May 12, 2025, regarding the debt setlement of $150,000 (the
“S
ervice Debt”) with a service provider, the TSX Venture Exchange (“TSXV”) has condi�onally
approved the setlement of six months of the Service Debt, being an aggregate of $48,667, by the
issuance of 973,340 common shares (the “ Service Debt Shares”) at a deemed price of $0.05 per
Service Debt Share.
The Company also announces that it has entered into shares-for-debt setlement agreement with a
drill contractor to setle debts totalling $400,000 (the “Drill Debt”). The Company will issue a total
of 4,000,000 common shares (the “Drill Debt Shares ”) at a deemed price of $0.10 per Drill Debt
Share subject to the approval of the TSXV.
The Service Debt Shares and Drill Debt Shares will be issued pursuant to prospectus exemp�ons
available under Canadian securi�es law and will be subject to a four-month hold period.
Marke�ng Agreements
Fairfax Partners Inc.
On
October 27, 2025, the Company entered into a consul�ng agreement with Fairfax Partners Inc.
(“Fairfax”). Pursuant to the consul�ng agreement, Fairfax has agreed to provide specialized
consul�ng services, including content crea�on and management, to support the issuer's growth and
communica�on with investors. The consul�ng agreement will remain in effec t f or a period of 12
months commencing on October 21, 2025 for investor rela�ons services including but not limited to
digital marke�ng and management of materials. In accordance with the terms and condi�ons of the
consul�ng agreement and as considera�on for the services provided by Fairfax, the Company agreed
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to pay monthly fee of $ 10,000 plus applicable taxes. The Company will not issue any securi�es or
op�ons to purchase securi�es to Fairfax as compensa�on for its services. Fairfax can be contacted
Maximus Strategic Consul�ng Inc.
The Company also announces that it has entered into an online marke�ng agreement with Maximus
Strategic Consul�ng Inc. (“Maximus"). Pinnacle Digest and PinnacleDigest.com are business names
of Maximus. Maximus has agreed to produce and distribute, through the email newsleter and
YouTube channel of PinnacleDigest.com, a video highligh�ng the Company and its Vatu Aurum
Project. Maximus will also produce and distribute, through the email newsleter and YouTube
channel of PinnacleDigest.com, a video podcast featuring an execu�ve of Kalo Gold’s team.
Addi�onally, all the Company's news releases during the term of the online marke�ng agreement
will be featured in Pinnacle Digest's weekly email newsleter.
The Company's engagement of Maximus will run for a period of four months beginning on October
27, 2025, and the Company has paid Maximus a one -�me fee of C$150,000 (plus GST) for the
services. Maximus' business address is 300 – 1550 5 St. SW Calgary, Alberta. T2R 1K3, email address
is [email protected]. Maximus currently owns 1,700,000 common shares in the capital
of the Company and 1,700,000 common share purchase warrants, each exercisable to acquire one
common share at an exercise price of $0.08 per common share un�l May 12, 2027. Maximus is an
arm's-length party to the Company. The Company will not issue any securi�es or op�ons to purchase
securi�es to Maximus as compensa�on for its services.
QUALIFIED PERSON
The technical informa�on in this news release was prepared, reviewed, and approved by Andrew
R
andell, 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 .
Kalo Gold Corp. (TSX-V : 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
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Terry L. Tucker, P .Geo.
President & Chief Execu�ve Officer
Kevin Ma, CPA, CA
Execu�ve Vice President & Director
For further informa�on, please contact [email protected] or visit www.kalogoldcorp.com
Photo 1
KRS-PS25-050: Hand specimen of
chalcedony and crystalline quartz
which show sub-bladed quartz
indica�ve of silica deposi�on from
hydrothermal fluids.
Photo 2
KRS-PS25-046: Hydrothermal breccia
with clast sizes ranging from <1 mm
to 30 cm, subrounded to subangular
in shape. Breccia matrix is mafic with
large silicified sinter clasts, minor
hema�te altera�on, and vugs lined
with crystalline quartz. Sample was
found by historical trench TR135KT04
which returned up to 3.41g/t Au
across 2m.
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Photo 3
KRN-PS25-104: White silicified tuff
with quartz veinlets along with trace
microcrystalline quartz iden�fied in
outcrop beside historical trench
TR135KT05 which returned up to
0.65g/t Au across 2m.
Photo 4
Bua Road: Banded calcite vein
textures observed at surface, typical
of near-surface hydrothermal ac�vity.
*CAUTIONARY NOTE
*All historical gold results reported herein were collected by previous operators. Grades are uncut
and length-weighted; true widths are not known at this stage. No economic comparison is implied.
Gold mineraliza�on at Wainikoro was first iden�fied by Aqu itaine (1985) and subsequently
confirmed by Kalo Explora�on Ltd. (2013–2019); data from those campaigns have been reviewed by
SGDS Hive in 2025.
Historical trench results from Wainikoro are reported for geological context from the Company’s NI
43-101 Technical Report, “Independent Technical Report on the Vatu Aurum Gold Project, Vanua
Levu (North Island), Fiji,” prepared by Caracle Creek Interna�onal Consul�ng Inc., effec�ve 16
January 2021 (filed on SEDAR+ 23 September 2021). In that report, trench samples were collected
as con�nuous horizontal channels cut perpendicular to mineralized structures at 1 –2 m intervals,
typically yielding 2 –4 kg pe r sample. Analyses were performed at ALS Minerals Brisbane
(Queensland, Australia) by 50 g fire assay (Au -AA26) with mul� -element ICP-AES (ME-ICP41). The
Qualified Person concluded that these procedures were of sufficient quality to provide adequate
confidence in the data.
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Historical trench TR17-5K05 returned 32 m @ 0.56 g/t Au (incl. 12 m @ 1.0 g/t Au), and TR13-5K04
returned 24 m @ 1.0 g/t Au (incl. 2 m @ 3 . 4 1 g / t A u ) . TR13-5K04: Trench head at 774346E
8191312N, strike southeast, 45m total length. 23 samples collected returning from 0.03 to 3.41 g/t
gold TR15-5K05: Trench head at 775076E 8192000N, strike east, 55m total length. 28 samples
collected returning from trace to 1.31 g/t gold
Kalo Gold has not re-sampled these trenches and therefore treats the results as historical in nature.
The Company considers the data reliable for geological interpreta�on but not for resource
es�ma�on.
Readers are cau�oned that the historical data were generated prior to the current QA/QC protocols
of Kalo Gold Corp. The Qualified Person has reviewed the historical data and considers the
informa�on suitable for geological context. The informa�on is disclosed to illustrate the distribu�on
of surface gold mineraliza�on and support geological modelling and should not be relied upon as
current explora�on results.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press
release.
FORWARD-LOOKING STATEMENTS
T
his 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.
Explora�on Risks & Uncertain�es