Mr. Gonzalo de Losada reports

BATERO FILES AMENDED AND RESTATED TECHNICAL REPORT

Batero Gold Corp. has filed an amended and restated technical report with an effective date of Sept. 15, 2022, and an amended and restated date of Sept. 25, 2023, titled "Technical Report for an Updated Mineral Resource Estimate and Preliminary Economic Assessment on the La Cumbre Gold Project, Department of Risaralda, Colombia," following a disclosure review completed by the B.C. Securities Commission.

The amended technical report addresses comments received by the BCSC with respect to compliance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and Form 43-101F1, and supersedes the previously filed report in its entirety. In particular, qualifications of the qualified persons responsible for writing the report have been addressed, and certain additions and clarifications have been made to Section 3 (Reliance on Experts), Section 5 (Accessibility, Climate, Local Resources, Infrastructure and Physiography), Section 14 (Mineral Resource Estimates), Section 17 (Recovery Methods), Section 22 (Economic Analysis), Section 23 (Adjacent Properties), Section 25 (Interpretations and Conclusions) and Section 26 (Recommendations). No material changes were made to the resource estimates or economic analysis of La Cumbre gold project in the amended technical report.

The amended technical report was prepared by Linares Americas Consulting SAC in accordance with NI 43-101 and can be found on the company's website or under the company's issuer profile at SEDAR+.

Qualified person

Fernando Linares, Eng, geo, is the qualified person for all scientific and technical information herein, and has reviewed and approved such information in this release.

About Batero Gold Corp.

Batero is a precious and base metal advanced exploration company. The company's objective is to develop La Cumbre gold project in Risaralda, Colombia. La Cumbre is located within the company's 100-per-cent-owned Batero-Quinchia gold project, which sits within Colombia's emerging and prolific Mid Cauca gold and copper belt.

We seek Safe Harbor.