Kalo Gold confirms 8.78 g/t Au mineralized bedrock at Wainikoro, Fiji

VANCOUVER, BC / ACCESS Newswire / July 21, 2026 / Kalo Gold Corp. (TSX-V:KALO)(OTCID:KLGDF)(FSE:9M51) ("Kalo", "Kalo Gold" or the "Company") is pleased to report certified fire assay results confirming widespread gold mineralization in both surface outcrop and bedrock at Wainikoro on its 100%-owned Vatu Aurum Project, Fiji. Laboratory fire assays validate the Company's previously reported detectORE ™ field screening (see News Release dated 9 June 2026), generally matching or exceeding the field estimates. Trench sampling confirms that the gold-bearing surface occurrences are sourced from mineralized bedrock, significantly strengthening the Company's geological interpretation of the Wainikoro epithermal system.

The certified assays form another key component in Kalo's systematic exploration strategy, progressively refining the geological model at Wainikoro ahead of planned ground geophysical surveys designed to define the subsurface architecture of the mineralized system. Highlights Certified fire assays confirm gold mineralization across Wainikoro, with surface samples returning up to 8.78 g/t Au, together with additional assays of 4.78 g/t Au, 4.44 g/t Au, 3.41 g/t Au and 2.03 g/t Au. Gold confirmed in bedrock, with trench sampling returning selective point samples up to 2.93 g/t Au and continuous channel sampling averaging 0.28 g/t Au over 14 metres, demonstrating continuity of mineralization beneath surface exposures.

Independent laboratory assays validate detectORE™ field screening , with laboratory grades equalling or exceeding field estimates for the majority of reconciled samples. Multiple styles of mineralization confirmed , including chalcedonic quartz veins, silicified volcanic rocks and hydrothermal breccias developed along the Nubu Graben structural corridor. Geological confidence continues to increase , with each phase of exploration refining the C