Kalo Gold Holdings Corp. is pleased to provide an update on recent exploration activities on the Vatu Aurum Gold Project. As previously announced on December 8, 2020, the Company commenced its exploration program at the Qiriyaga Zone within the Vatu Aurum Gold Project in Fiji. The planned exploration program consists of 8 confirmation and step-out diamond drill holes totaling 1,800 metres in the Qiriyaga Zone targeting Qiriyaga Hill and Vuinubu Ridge areas, as well as soil sampling and ground geophysics (induced polarization or “IP”). The Qiriyaga Zone, where Kalo plans to initially focus its work, is a 2.5-kilometre-long northeast- trending zone defined by soil geochemistry and trenching. Kalo Gold announced that the first two holes were completed and has started drilling the third hole. All these holes are in Qiriyaga Hill. The core samples of the completed holes have been submitted to ALS laboratory in Brisbane, Australia, with assay results pending. The company is also pleased to announce that a soil sampling program in Qiriyaga Zone has also been completed, with results pending Qiriyaga Zone is characterized by a 2.5 km long zone of gold anomalies and confirmed by multiple trenches. The two known mineralized areas Qiriyaga Hill and Vuinubu Ridge are located on the southwestern end of this zone. In addition, the soil sampling program in Coqeloa located some 15 km southwest of Qiriyaga Zone, has also been completed. Including previous soil sampling programs, the area covered by soil sampling in Qiriyaga Zone and Coqeloa, is now 5.4 square km and 10.4 square km, respectively. Historical drilling results located on the southern end of Qiriyaga Hill’s confirmed the presence of several high-grade zones with selective drill intersections including 8.75 metres at 36.02 g/t Au (61.25 to 70 m) and 10 m at 27.18 g/t Au (76-86 m) including 120 g/t Au between 81 to 82 m in drill hole KCD-17. The qualified person has not verified the data disclosed and has not completed sufficient work to verify the historical technical data and information regarding the property. In addition to high-grade gold mineralization, drilling in Qiriyaga Hill over a limited area of 140 m by 210 m resulted in defining a resource estimate (historical) of 114,598 ounces gold of mostly oxide mineralization, starting at surface down to a depth of 45 m. Mineralization in Qiriyaga Zone is considered epithermal type as with the rest of the targets in the property. Outside of Qiriyaga Zone there are at least 14 gold targets that have been identified by the previous operators, some exhibiting copper mineralization. These targets, as with the Qiriyaga Zone, are located within or around two caldera features that are present in the property.