Mr. James Atkinson reports

ADVANCED GOLD EXPLORATION REPORTS ON VISIBLE GOLD DISCOVERY AT DOYLE PROPERTY

Advanced Gold Exploration Inc. has discovered visible gold during surface prospecting at its Doyle property in the Batchawana greenstone belt (BGB).

Highlights:

• The company's recent prospecting program has identified visible gold on surface at the Doyle property.
• Assays from samples in the area returned, 13.2 grams per tonne gold and 9.82 grams per tonne gold.
• There appears to be the surface expression of a drill hole completed in 1994, which also had visible gold and returned assays of 49.8 grams per tonne gold at a depth of 80 metres.
• Visible gold has not been previously reported on the surface at the Doyle property.
• The discovery is the result of diligent examination of the area by the company's contractor, Superior Exploration.

The company is pleased to report that exploration work by Superior Exploration of Sault Ste. Marie on the Doyle gold project in October has resulted in the discovery of visible gold on surface. The area which was examined was chosen due to its proximity to an earlier drill hole with an intersection of 49.8 grams per tonne gold. The gold appears to be related to intense quartz veining and silicification.

A petrographic study has been undertaken to attempt to determine the distribution of gold and better define the alteration in the area. Examination of a lidar survey undertaken by the company in 2022 appears to indicate that the gold is associated with a northeasterly trending linear feature. It is thought by the company's geological staff that this feature may represent an extensional structure off of the main north-northwest-trending shear -- a favourable local to host gold mineralization.

Jim Atkinson, chief executive officer of the company, commented: "This new discovery of visible gold on surface at Doyle has excited our staff. The interpretated relationship of this visible gold to features indicated by the lidar has indicated that this might be a northeast-trending extensional structure. If further work in the area proves this to be the case, this opens a whole new area to exploration because all past work has focused on structures trending north-northwest and may not have adequately explored shears and faults in other directions."

He commented further: "We are very pleased with the prospecting, geological mapping and sampling work carried out by Superior Exploration and reiterate the importance of boots on the ground in mineral exploration. We are preparing plans for more detailed prospecting and sampling in the spring not only in this newly identified area. This discovery has prompted us to reexamine lidar and airborne geophysical coverage across the property to identify other potential extensional structures."

It should be noted that there are trenches that have been completed in the area but they do not seem to have intersected the area with visible gold.

About Doyle

The Doyle property is located approximately 92 kilometres southeast of Wawa, Ont., and approximately 65 kilometres northeast of Sault Ste. Marie within the Batchewana volcanic belt of the Abitibi province. The property consists of a total of 79 unpatented mining claim cells and covers an area of approximately 1,730 hectares.

The structural and geological architecture of the Batchawana greenstone belt is conducive to a variety of gold depositional environments similar in nature and significance to other gold-bearing deposits in Archean-aged greenstone belts hosted within the Superior province. Noteworthy, these typically fall into the category of orogenic gold deposit types in brittle-ductile structurally related regimes like the Timmins gold camp, the Hemlo gold deposits and the gold deposits of the Doyon-Bousquet camp in Quebec. Orogenic gold deposit types would be the focus of future exploration activities on the Doyle property.

The Doyle property lies within the Batchawana greenstone belt of the Wawa-Abitibi terrane. The eastern extension of the Wawa subprovince has had a long gold mining history dating back to 1897. Gold mining in the area has prospered and receded in the 20th century; however, this part of the Wawa subprovince has total historic production of over three million ounces. Current and near-future producers of the Wawa subprovince include:

1. Wesdome Gold Mines' Eagle River complex;
2. Alamos Gold's Island mine;
3. Argonaut Gold's Magino deposit.

All of the historical gold mines and current to near-future producers are considered orogenic gold deposits of Archean-aged greenstone belts and environments.

Three styles of orogenic gold mineralization occur on the Doyle property. These are, but not limited to:

1. Gold-enriched semi-massive to massive sulphide horizons in a felsic tuff volcanic pile;
2. Lode gold auriferous quartz veins;
3. Disseminated gold in silicified and pyritized shear zones.

The most significant and recent exploration on the Doyle property was carried out by Tri Origin Exploration, which included drilling programs from 1990 to 1995. These programs are deemed significant, and Tri Origin's geological observations support deposit model types being sought. The focus of the Tri Origin work was on a model of similarity of the Doyle property geology and mineralization to the 20-million-ounce Hemlo deposit. Tri Origin completed geological, geophysical and geochemical programs and drilled a total of 37 drill holes for 8,053 metres. Anomalous gold values were intersected in numerous drill holes and visible gold was observed in two holes. Drill hole T94-22 intersected 49.58 grams per tonne gold over one metre and drill hole T95-34 intersected 17.49 grams per tonne gold over one metre.

Recent exploration by the company has included airborne magnetic and VLF (very-low-frequency) EM (electromagnetic) surveys, a lidar survey, and trench sampling.

The airborne geophysics was very helpful, in association with geological mapping by Tri Origin, in defining the main trends and structures on the property. Throughgoing structures have been identified as being present trending in a northwesterly to northerly direction. Parallel VLF EM trends underlie some of the gold occurrences, especially where gold is associated with sulphides.

Further details of the Doyle property will be available in the technical report on SEDAR+ and the company's website.

Qualified person

James Atkinson, MSc, PGeo, a qualified person as such term is defined in National Instrument 43-101, has reviewed and approved the geological information reported in this news release. The qualified person supervised the work completed by the company but has not completed sufficient work to verify all historic information on the property, particularly with regard to historical sampling, drill results and technical work provided by others. The qualified person assumes that past sampling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the property but may not be representative of expected results.

About Advanced Gold Exploration Inc.

Advanced Gold Exploration (formerly Advance United Holdings Inc.) is a Canadian mineral exploration company. The company has acquired a portfolio of undervalued gold and copper properties and is increasing their value through the application of modern technology, new ideas and systematic exploration. The company has a growing pipeline of similar properties that it is looking to acquire. The company is involved exclusively in the acquisition and advancement of past projects -- with no intent to bring them back into production or to mine them itself. The company's expertise is in identifying and acquiring undervalued properties with significant historical work, which were uneconomic at the time. The company believes it can enhance their economic value at today's prices. The company finances the reworking of historic data and the application of modern technology to underwrite new qualified reports and document quantifiable resources and reserves to current standards, thereby recognizing the current value. The company's purpose is to bring immediate-term and long-term value to its partners and shareholders while seeking to reduce exploration risk, so that everyone can all advance in the shortest possible time frame.

We seek Safe Harbor.