KALO GOLD Provides 2025 Exploration and Operational Update

Kalo Gold Corp.

Suite 1507, 1030 West Georgia Street

Vancouver, BriƟsh Columbia

V6E 2Y3, Canada

www.kalogoldcorp.com

(TSX.V: KALO)

KALO GOLD PROVIDES 2025 EXPLORATION AND OPERATIONAL UPDATE

VANCOUVER, BC, / March 17, 2025 / KALO GOLD CORP. (TSXV: KALO) (“Kalo”, "Kalo Gold" or the "Company") is pleased

to provide a key update on the Company’s upcoming activities at our flagship Vatu Aurum Gold Project in Fiji. Over the

past several months, the Company has made significant stride s in identifying a highly prospective, fully preserved and

vertically intact epithermal gold sy stem across the Aurum Epithermal Field. Field and geochemical data suggest

geological similarities to certain Pacific Rim deposits, in cluding the Martha Mine in New Zealand, underscoring our

confidence in the Project’s district-scale potential.

9,000-METER DIAMOND DRILLING PROGRAM

 Initial Focus – Namalau Trend: Drilling, expected to commence in April 2025, will initially focus on eight high-

priority upwelling zones along the Namalau Trend.

 Advancing Other Targets: As new information emerges from concurrent trenching and geological work, the

campaign will expand to test additional epithermal upwelling zones in the Loma and Buca Trends.

 Qiriyaga Complex Drilling: We are also planning further drilling at the Qiriyaga Complex, targeting high-grade

diatreme and surge deposits that have emerged as priority zones.

 Fully Preserved, Untested System: Our geological modeling suggests that Vatu Aurum hosts a vertically intact

epithermal system—largely untest ed by drilling—offering an ex ceptional discovery opportunity.

UNLOCKING DISTRICT-SCALE POTENTIAL

Preliminary data from the Namalau Trend, as well as the Loma and Buca corridors, reveal epithermal indicators such as

elevated selenium, arsenic, mercury, and antimony, strengthen the case for a vertically intact gold system at Vatu

Aurum. While references to other deposits (e.g., Martha Mi ne, Vatukoula, Lihir) are for geological comparison only,

their similarities help guide our exploration model and highlight the scale we believe is possible. Any comparisons to

other mines are purely for geological context and should not be interpreted as indicaƟve of our project’s potenƟal size,

grade, or economic viability.

“From the preserved surface sinters in the Namalau Trend to the newly revealed upwelling zones in the Loma and

Buca corridors, this 9,000-meter drill campaign marks a pivotal step in realizing the full potential of the Vatu Aurum

Project. We look forward to sharing each milestone and di scovery as we build towards what we believe could be a

game-changing, district-scale gold deposit.”—Terry L. Tucker, P.Geo., President & CEO

NEW WEBSITE & CORPORATE INVESTOR PRESENTATION

As part of the Company’s continuing efforts to provide transparent and timely updates, the Company has launched a

redesigned website at www.kalogoldcorp.com, featuring:

 Updated Technical Content: Detailed project information, geological models, and insights into our exploration

approach.

 Refreshed Investor Presentation: Showcasing our current drill targets, exploration milestones, and the upside

potential across the Aurum Epithermal Field.

Kalo Gold invites all shareholders and potential investors to explore these resources and learn more about the scope

and scale of the Company’s emerging story.

MARKET LIQUITY AGREEMENT

The Company is also pleased to announce that it has engaged Velocity Trade Capital Ltd. (“Velocity Trade”) to provide

market liquidity services to the Company in accordance with applicable securi Ɵes laws and the policies of the TSX

Venture Exchange ("Exchange"). Velocity Trade will manage trading of the Company’s shares from Ɵme to Ɵme for the

purposes of maintaining an orderly market, with a view to reducing trading volaƟlity and improving the liquidity of the

Company's shares. The funding and securiƟes required for these services undertaken will be provided by Velocity Trade.

In consideraƟon of the market liquidity services, Kalo has agreed to pay Velocity Trade a monthly fee equal to $6,000

per month, and aŌer a period of sixty days, either party may terminate the contract by providing the other with 30 days

prior wriƩen noƟce of terminaƟon.

Velocity Trade is a private and independent investment dealer headquartered in Toronto, Ontario, and is registered for

trading in the provinces of Ontario, Bri Ɵsh Columbia, Alberta, and Manitoba. Velocity Trade is a member of the TMX,

and of the Canadian Investment Regulatory Organiza Ɵon (CIRO). AddiƟonally, the firm and its a ffiliate companies are

regulated internaƟonally by the UK’s Financial Conduct Authority (FCA), the Authority for Financial Markets (AFM) in the

Netherlands, the Australian Securi Ɵes and Investments Commission (ASIC), South Africa’s Financial Sector Conduct

Authority (FSCA), and the Monetary Authority of Singapore (MAS), among others.

Velocity Trade and Kalo are not related parƟes and have no other agreements other than the market liquidity agreement,

which is the subject of this news release. The engagement of Velocity Trade to provide market liquidity services to Kalo

is subject to acceptance of the TSX Venture Exchange.

COMMITMENT TO SHAREHOLDERS

Kalo Gold is dedicated to unlocking value through aggressive yet responsible exploration, strategic market initiatives,

and transparent communication. Our insider ownership remains strong, and our technical team’s track record in

epithermal exploration positions us well to pursue a transformational discovery for all stakeholders. The Company

intends to proceed with the 9,000-meter drill program subject to securing adequate financing and all necessary

regulatory approvals. There can be no assurance that the required funds will be obtained, and the program may be

modified, delayed, or postponed depending on market condiƟons.

On behalf of the Board of Directors, the Company and th e entire exploration team wi shes to thank investors and

shareholders for ongoing support and co nfidence. Kalo Gold encourages shareh olders to visit the new website for

further details on drill plans, geological models, and the updated corporate presentation.

On behalf of the Board of Directors of Kalo Gold Corp.

Terry L. Tucker, P .Geo.

President and Chief ExecuƟve Officer

Kevin Ma, CPA, CA

ExecuƟve Vice President, Capital Markets and Director

For more informaƟon, please write to [email protected].

Qualified Person

All the technical informaƟon in this news release was prepared, revi ewed, and approved in accordance with Na Ɵonal

Instrument 43-101 – Standards of Disclosure for Mineral Projects by Andrew Randell, P . Geo, principal of SGDS Hive, a

qualified p e r s o n a s d efined by Na Ɵonal Instrument 43-101 of the Canadian Securi Ɵes Administrators. Mr. Randell is

independent of the Company and has veri fied the data disclosed having conducted two site visits, directly supervised

the exploraƟon program, completed review of field data collecƟon protocols, including sampling procedures, analyƟcal

methods, and quality assurance/quality control protocols, where applicable.

Neither the TSX Venture Exchange nor its Regula Ɵon Services Provider (as that term is de fined in the policies of the

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

Forward-Looking Statements Disclaimer

This news release contains “forward-looking statements” wi thin the meaning of applicable securities laws. These

statements reflect management’s current expectations, strategic objectives, and exploration priorities at the time of

this release. Forward-looking statements are not statements of historical fact and include, but are not limited to:

 The Company’s planned mulƟ-phase exploraƟon and drilling program, including the targe Ɵng of structurally

controlled gold zones at Aurum Prime, Namalau, Loma, Buca Trends, and the Qiriyaga Complex.

 InterpretaƟons of geological features, mineraliza Ɵon conƟnuity, and deposit poten Ɵal, based on geophysical

surveys, surface sampling, and historical drill data, which are subject to change as addi Ɵonal drilling and

verificaƟon work is conducted.

 The potenƟal for district-scale gold mineraliza Ɵon, subject to further explora Ɵon, drilling, and independent

verificaƟon.

 All exploraƟon results, including geochemical data and historical intercepts, are preliminary in nature and do

not consƟtute a mineral resource es Ɵmate. Further exploraƟon, including drilling, is required to con firm the

conƟnuity, grade, and extent of mineralizaƟon at the Vatu Aurum Project.

 The Company’s ability to secure financing, regulatory approvals, and exploraƟon partnerships to advance the

project.

Exploration Risks & Uncertainties

Forward-looking statements are subject to geological, financial, and regu latory risks that may cause actual results to

differ materially from those anticipated. These risks include, but are not limited to:

 ExploraƟon risk: There is no guarantee that current explora Ɵon acƟviƟes will result in an economically viable

mineral resource.

 To date, no mineral resources or reserves have been delineated on the Vatu Aurum Project, and further drilling

is required to determine whether any economic deposits exist.

 No economic studies (PEA, Pre-Feasibility, or Feasibility) have been undertaken at this Ɵme, and the economic

viability of any potenƟal mineralizaƟon remains untested.

 Drilling uncertainty: Trench and soil sampling results are not necessarily indicaƟve of subsurface mineralizaƟon,

and drilling is required to confirm conƟnuity, grade, and extent.

 Permit and regulatory risks: Explora Ɵon ac ƟviƟes are subject to government approvals, environmental

regulaƟons, and permiƫng requirements.

 Funding constraints: The Company’s ability to execute exploraƟon programs depends on market condiƟons and

financing availability.

 Commodity price vola Ɵlity: Gold price fluctuaƟons may impact the economic feasibility of any future

discoveries.

Forward-looking statements contained in this news release are based on current expectations, estimates, forecasts, and

projections about Kalo Gold Corp.’s business, as well as beliefs and assumptions made by the Company’s management.

The reader is cautioned that forward-looking statements are based on assumptions that may prove to be incorrect.

Events or circumstances may cause actual results to diffe r materially due to numerous known and unknown risks and

factors that are beyond the control of the Company.

Kalo Gold Corp. does not undertake any obligation to update or revise any forward-looking statements, except as

required by applicable securities laws. Readers should not place undue reliance on forward-looking information

contained in this release.

For a more detailed discussion of risks and uncertainties, plea se refer to Kalo Gold Corp.’s public filings on SEDAR+ at

www.sedarplus.ca.