Mr. Gerald Panneton reports

GOLD TERRA ANNOUNCES FILING OF TECHNICAL REPORT ON THE YELLOWKNIFE PROJECT, NWT AND 2026 ANNUAL GENERAL AND SPECIAL MEETING RESULTS

Gold Terra Resource Corp. has filed a technical report prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects, prepared by SLR Consulting (Canada) Ltd. on the Yellorex, Zone 103N and Crestaurum deposits of its Yellowknife project (YP), located near Yellowknife, NWT, as reported in the company's news release dated May 15, 2026.

The June 26, 2026, technical report, titled "NI 43-101 Technical Report, Yellowknife Project, Yellowknife, Northwest Territories, Canada, Gold Terra Resource Corp.," with an effective date of April 30, 2026, can be found on the company's website and on SEDAR+.

The YP assets include the Yellorex and Zone 103N deposits of the Con mine option (CMO), considered as northern and southern extensions from the historical Con mine, and the Crestaurum, Sam Otto, Walsh Lake (formerly Mispickel) and Barney deposits of the YP (formerly Yellowknife City gold project), located 20 kilometres north of the town of Yellowknife. The 2026 MRE (mineral resource estimate) is considered an initial phase of MRE updates for the YP. The YP is 100 per cent owned by Gold Terra but for the CMO, which is subject to an option agreement with Newmont.

Under the purchase agreement, the company has the right to acquire 100 per cent of the CMO property from a subsidiary of Newmont Corp., subject to the fulfilment of certain conditions set out in the agreement, as reported in the company's news release dated Nov. 22, 2021. Gold Terra's option on the CMO with Newmont is until Nov. 21, 2027.

The technical information contained in this news release has been reviewed and approved by Joseph Campbell, a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects, and senior technical adviser for the company.

2026 annual general and special meeting results

Gold Terra announces that all matters submitted to the shareholders for approval as set out in the company's notice of meeting and information circular, which were mailed to shareholders in connection with the meeting, were approved at the company's annual general and special meeting held in Vancouver, B.C., on June 30, 2026.

The shareholders elected Gerald Panneton (chair), Paul Bonneville, Patsie Ducharme, Laurie Gaborit and Hellen Siwanowicz as directors of the company for the forthcoming year.

The 2026 report on proxies is shown in the attached table.

Shareholders approved the reappointment of Dale Matheson Carr-Hilton Labonte LLP, chartered professional accountants, as the auditor of the company for the ensuing year with its remuneration to be fixed by the board of directors.

Shareholders also approved the company's 10-per-cent rolling stock option plan. Currently, there is only less than 25 per cent of the plan (or less than 10 million stock options) being used to attract and keep talented employees and consultants. The company stock option plan does not have any option pricing below 10 cents.

About Gold Terra Resource Corp.

The Yellowknife project (YP) encompasses 836 square kilometres (km) of contiguous land immediately north, south and east of the city of Yellowknife in the Northwest Territories. Through a series of acquisitions, Gold Terra controls one of the six major high-grade historical gold camps in Canada. Being within 10 kilometres of the city of Yellowknife, the YP is close to vital infrastructure, including all-season roads, air transportation, service providers, hydroelectric power and skilled tradespeople. Gold Terra is currently focusing its drilling on the Campbell shear, where approximately 14 million ounces (oz) of gold has been produced in the past (refer to the Gold Terra June 26, 2026, technical report), and most recently on the CMO property claims immediately south of the past-producing Con mine, which produced 6.1 million oz between the Con, Rycon and Campbell shear structures (1938 to 2003).

The YCG and CMO properties lie on the Yellowknife greenstone belt, covering nearly 70 kilometres of strike length along the main mineralized shear system that hosts the former-producing high-grade Con and Giant gold mines. The company's exploration programs have successfully identified significant zones of gold mineralization and multiple targets that remain to be tested, which reinforces the company's objective of seeking to re-establish Yellowknife as one of the premier gold mining districts in Canada.

We seek Safe Harbor.