Kalo Gold confirms epithermal system over 1.8 km at Wainikoro, Fiji

VANCOUVER, BC / ACCESS Newswire / June 30, 2026 / Kalo Gold Corp. (TSX-V:KALO)(OTCID:KLGDF)(FSE:9M51) ("Kalo", "Kalo Gold" or the "Company") is pleased to report geochemical and mineralogical results from two reconnaissance drill holes VA26-DH18 and VA26-DH19 completed at Wainikoro within its 100%-owned Vatu Aurum Project. The two wide-spaced (1,027 m) reconnaissance drill holes were designed to test the potential for gold mineralisation associated with regional faulting, hydrothermal brecciation, elevated arsenic and epithermal pathfinder geochemistry and coincident geophysical anomalies identified at Wainikoro. Results from both holes confirm the presence of anomalous gold associated with fault-controlled quartz veins and continue to support the Company's interpretation that Wainikoro represents a structurally controlled epithermal gold system.

These reconnaissance holes were drilled as geological vectoring holes, intended to advance the geological model, improve the Company's understanding of the scale of the system and guide future drill targeting. Highlights VA26-DH19 intersected multiple low-grade gold-bearing quartz veins within a broad hydrothermal system. Gold-bearing veins found at surface are associated with elevated arsenic and antimony, characteristic of high-level epithermal systems.

QEMSCAN (Quantitative Evaluation of Minerals by Scanning Electron Microscopy) analysis identified arsenopyrite replaced by pyrite pseudomorphs, interpreted as an early mineralizing phase. VA26-DH18 returned anomalous gold values associated with elevated arsenic within hydrothermal breccias and fault zones. Surface sampling from quartz veins and hydrothermal breccias surrounding VA26-DH18 returned detectORE ™ values up to 1,920 dU (~1.92 g/t Au estimated).

Results demonstrate that gold-bearing hydrothermal activity extends across the 1.8-kilometre-long Wa