Kalo Gold Provides Update on High-Resolution Airborne Magnetic Survey at Vatu Aurum Project, Fiji

Kalo Gold reported progress on a 6,212 line‑kilometre high‑resolution airborne magnetic survey at its Vatu Aurum gold project in Fiji, with 2,764 line‑kilometres completed as of April 29, 2026 and 3,448 line‑kilometres remaining. The survey (100‑m spacing with 50‑m infill over priority targets) uses a helicopter‑mounted tri‑sensor magnetometer to produce total magnetic intensity, horizontal gradient and derivative products for integration with geological and geochemical data. Management expects the dataset to sharpen structural interpretation, prioritize drill targets across Aurum Prime and Wainikoro, and accelerate exploration planning. The update is a technical milestone for Kalo’s project rather than a near‑term price catalyst for gold, but successful completion and high‑quality data could boost investor confidence in the company’s discovery potential and thus indirectly support positive sentiment toward the gold exposure (XAUUSD) tied to exploration progress.