Kalo Gold Holdings Corp. announced initial assay results from the first two holes from recent drilling activities in the Qiriyaga Zone on Kalo Gold's 100% owned Vatu Aurum Gold Project. Initial drilling results help confirm the presence of near-surface gold mineralization. KGD-01 and KGD-02 were each drilled at the same angle and depth of -50 degrees and 200 metres, respectively. KGD-01 was drilled between KCD-17 and KCD-25 and confirmed the continuity of mineralization between these holes for the locations of these drill holes. KGD-01 intersected 101 metres of gold mineralization averaging 0.94 g/t from surface. Gold mineralization occurs within intercalating fiamme breccia and mudstone-siltstone and several hydrothermal breccias (intersected between 74m-87m) that are generally highly oxidized. The zones of higher-grade gold mineralization are generally characterized by more intense silicification and of mm-think quartz veinlets stockworks. The zones of low gold grades exhibit weak silicification. The location of KGD-02 was approximately 35 metres to the south of KGD-01. It did not intersect the mineralized hydrothermal breccia and other mineralized intercepts in KGD-01, suggesting a possible displacement between KGD-01 and KGD-02. Further drilling to the south of KGD-02 will depend on completion of the geophysical survey (induced polarization or IP). The IP Survey is expected to start during the second week of April. The Company continues drilling the third hole, KGD-03, approximately 130 metres northwest of KGD-01, at a targeted depth of approximately 350m. The planned exploration program consists of eight 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. Qiriyaga Hill's historical drilling results confirmed the presence of several high-grade zones with selective drill intersections including 8.75m at 36.02 g/t Au (61.25m to 80m) and 10m at 27.18 g/t Au (76m-86m) including 120 g/t Au between 80m to 83m in drill hole KCD-17. Further mapping by the Company's technical team identified the presence of 300 metres by 700 metres northeast trending altered zone in Vunikulukulu area located 500m northeast of Qiriyaga Hill. The altered zone is characterized by the presence of clay-silica alteration, hydrothermal breccia, vuggy silica and banded chalcedony in outcrop and rock floats. This is in addition to a 50-metre-wide intensely clay-altered zone with a series of northwest trending vuggy quartz veinlets that are up to 40cm wide. It is exposed along a recently constructed drill access in Vuinubu Ridge which is located 500m southeast of Qiriyaga Hill. The texture of the quartz veinlets is different from those observed on the drill core at Vuinubu Ridge. This new discovery is significant because in contrast to the main northeast trend of the known mineralization of the Vuinubu Ridge mineralization, this zone is trending northwest. The upcoming IP survey will include the two new targets and its results, in conjunction with the soil geochemistry and rock sampling, should provide the technical team with sufficient information on drill targets.