Mr. Kenneth Berry reports

GALACTIC GOLD PROVIDES EXPLORATION UPDATE ON THEIR HARDROCK WEST MAIN BLOCK PROPERTY

Galactic Gold Corp. has provided an exploration update for its 100-per-cent-owned Hardrock West project. Field crews mobilized to investigate high-priority geological targets identified by the recently completed geophysical survey and phase I district-scale targeting study on the Hardrock West claim block. The HWP is approximately 250 kilometres (km) northeast of Thunder Bay, Ont., and covers 28,586 hectares of the Beardmore-Geraldton greenstone belt.

Results from the total magnetic intensity (TMI) and electromagnetic (EM) surveys completed by Geotech Ltd. will be used to prioritize conductive horizons along the Paint Lake fault (PLF) and Bankfield-Tombill deformation zone (BTDZ), key structural corridors along the Beardmore-Geraldton greenstone belt (BGGB) that are thought to be associated with gold mineralization in the area. The continuing field program is intended to investigate high-priority magnetic targets on the property, some of which have coincident conductive horizons.

Based on results of the phase I historical data compilation, which included digitizing more than 600 drill holes, 200 channel samples and over 2,000 surface grab samples, prospecting crews were deployed to priority targets including the Sturgeon Bridge area. The diamond drill database has prioritized historical gold assays, base metal results and geochemical pathfinder elements to support the evaluation of mineralized horizons for the planned 2026 drill campaign.

Chief executive officer Ken Berry commented: "Galactic is excited to commence our field mapping and data verification on the Sturgeon Bridge area while we negotiate our exploration agreement and wait for permit approvals. The summer field program will continue to evaluate property-wide targets with geological mapping planned in the Trench Lake and Missing Link North areas while simultaneously updating the geological and mineralization model at Sturgeon Bridge. As we await results of the recent prospecting program, we are confident that they will continue to validate our exploration model and highlight the exceptional scale, continuity and prospectivity of the Hardrock West land package."

The Sturgeon Bridge prospect (MDI42E11NW00003) is accessed by travelling north on the Kinghorn Road, 13 km east of Jellicoe, Ont., for approximately 6.1 km, then east along an unnamed logging road for 7.6 km. Tertiary logging roads follow the southwest (SW) trend of the mineralized corridor to the area that Kodiak drilled nine diamond drill holes in 2008 for a total of 2,565 metres (m). The geology is dominated by Archean metavolcanic rocks and minor sedimentary units of the BGGB. The metavolcanics here are predominantly pillowed and amygdaloidal flows with sedimentary rocks composed of greywacke (sandstone), siltstone and argyllite with intercalated iron formation composed of thinly banded magnetite, hematite, chert and jasper.

Kodiak Exploration Ltd. carried out prospecting, sampling and diamond drilling between 2007 and 2008, with nine diamond drill holes totalling 2,565 m of drilling. The drilling focused primarily on the main zone, which strikes approximately 240 degrees and varies in width from six to 23 m along a 490 m strike length (MDI42E11NW00003). Highlights from the 2008 DDH (diamond drill hole) program include:

• 2.53 grams per tonne (g/t) gold (Au) over 1.6 m in SB08-03 from a weakly sheared metavolcanics with trace pyrite;
• 1.75 g/t Au over 3.8 m in SB08-05 from a sheared metavolcanics with quartz stockwork veining;
• 66.7 g/t Au over 0.3 m in SB08-13 from a metavolcanics with quartz veins and pyrite;
• 1.19 g/t Au over 4.3 m in SB08-14 from a breccia in metavolcanics with weak shear, quartz-carbonate veins and pyrite (assessment report 20000004143).

The field priority will be to continue tracing the mineralized zones at Sturgeon Bridge, which is thought to continue for over two km of strike length (MDI42E11NW00003). Prospecting has also identified a copper-rich horizon with malachite staining derived from large blebs of chalcopyrite (Cundari et al., 2019). A sheared gossan was observed on the SW end of the Sturgeon Bridge area with minor pyrite plus chalcopyrite and green malachite staining on the weathered surface.

Qualified person

Jason Arnold, PGeo, president of DCX Geological Consulting, is a qualified person as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information contained in this news release. Mr. Arnold is a consultant of the company and is not independent of the company within the meaning of NI 43-101, Standards of Disclosure for Mineral Projects. Mineralization hosted on adjacent and/or nearby properties, particularly with respect to neighbouring mineral reserves/resources, is not necessarily be indicative of mineralization that may be hosted on the company's property.

About Galactic Gold Corp.

Galactic Gold is a resource development company focused on unlocking the full potential of its 100-per-cent-owned Hardrock West property, located in the top-tier mining jurisdiction of Ontario. Over 57 km of combined strike length along two major gold-bearing structures and 10 km away from Equinox Gold's Greenstone mine (12.2 million ounces (oz) Au). With 15,000 hectares (37,000 acres), Galactic Gold is positioned between Equinox Gold's Greenstone mine (10 million oz Au) and its Brookbank deposit (2.5 million oz Au) along what Laurentian University in its metal earth research has identified superstructures across the Galactic gold property, underscoring the project's strong value-creation potential.

We seek Safe Harbor.