Mr. Richard Williams reports

WINSHEAR GRANTS 2,100,000 INCENTIVE STOCK OPTIONS

Winshear Gold Corp. has granted 2.1 million incentive stock options to directors, officers, employees and consultants of the company. The options have an exercise price of 13 cents per share and expire on Aug. 27, 2029. The options vest on a quarterly basis over the next 12 months.

Winshear's stock option plan allows for the issuance of up to 10 per cent of issued and outstanding share capital in the form of incentive stock options. As a result of this grant, the company has 2.1 million options issued, representing 6.69 per cent of the issued and outstanding share capital of the company. Of the 2.1 million options granted, 2.05 million were granted to directors and officers of the company.

About Winshear Gold Corp.

Winshear is a Canadian-based minerals exploration company advancing the Gaban gold project in the Puno region of Peru. Gaban is a possible hard-rock source for the modern-day alluvial gold rush under way in the Madre de Dios basin, located approximately 40 kilometres north of Gaban. The company is preparing to drill test the 2.2-kilometre-by-1.1-kilometre Coritiri gold target at Gaban, with drilling expected to commence in September, 2024.