File: '\\swfile\EmailIn\20250106 125831 Attachment EROS - NR 2025-01-06 - Closing of Disposition of Bell Mountain.docx'

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NEWS RELEASE

JANUARY 6, 2025

Eros Resources Corp. Completes Sale of Bell Mountain

Vancouver, BC, January 6, 2025 - Eros Resources Corp. ("Eros" or the "Company") (TSXV: ERC) is pleased to announce it has completed the sale of the Bell Mountain gold project located in Churchill County, Nevada (the "Project") to Lincoln Gold Mining Inc. (TSXV: LMG) ("Lincoln") pursuant to a purchase agreement dated November 3, 2023, as amended on January 8, 2024, March 15, 2024, May 31, 2024, August 15, 2024 and December 29, 2024, between the Company, Bell Mountain Exploration Corp. ("BMEC"), a wholly owned subsidiary of the Company, Lincoln and Lincoln Resource Group Corp., a wholly-owned subsidiary of Lincoln (the "Agreement").

At closing, as consideration for the Project, Lincoln issued to Eros 3,000,000 common shares in the capital of Lincoln (the "Lincoln Shares") at a deemed issue price of $0.1275 per share. The Company also received a net profits interest of 7.5% of the net returns from gold and silver produced or extracted from the Project up to a maximum amount of US$2,000,000, which net profits interest is held through BMEC.

In accordance with the Agreement, Eros will also receive 1,500,000 Lincoln Shares within five business days of the date on which Lincoln completes any issuance of Lincoln Shares that results in at least 28,500,000 Lincoln Shares issued and outstanding.

The sale of the Project pursuant to the Agreement was approved by the Company's shareholders at its annual general meeting held on September 24, 2024. No finder's fee has been paid in connection with the arm's length transaction. The Agreement does not involve a disposition to a "related party", as defined in Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"), of the Company and is not a "related party transaction" under MI 61-101.

About Eros

Eros Resources Corp. is a Canadian public company listed on the Toronto Venture Exchange. Eros' business objective is the identification, acquisition, and exploration of advanced-stage projects with a North American focus. In addition, Eros plans to make strategic investments with a global focus on a diverse commodity base.

For further information, please contact:

EROS Resources Corp.

Tom MacNeill

President and Chief Executive Officer

Phone: 306-653-2692

Forward Looking Statements

This release includes forward-looking statements regarding EROS and its business. Such statements are based on the current expectations and views of future events of EROS's management. In some cases the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward looking statements. Such forward-looking statements include, without limitation, statements relating to the Company's receipt of 1,500,000 Lincoln Shares within five business days of the date on which Lincoln completes any issuance of Lincoln Shares that results in at least 28,500,000 Lincoln Shares issued and outstanding, and information with respect to the Company's expectations, strategies and plans for its mining properties and strategic investments. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting EROS, including risks regarding the resource industry, economic factors and the equity markets generally and many other factors beyond the control of EROS. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and EROS undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

EROS Resources Corp. For more information, please contact:

Suite 420 - 789 West Pender Street Lubica Keighery

Vancouver, British Columbia, VP Corporate Development

Canada, V6C 1H2 c: 778-889-5476

T: 604-688-8115

w: www.erosresourcescorp.com