Mr. Robert Klenk reports

JZR GOLD ANNOUNCES FIRST CONCENTRATE FROM VILA NOVA GOLD PROJECT

JZR Gold Inc. has been advised by Eco Mining Oil & Gaz Drilling and Exploration, the operator of the Vila Nova gold project, located in the state of Amapa, Brazil, that it has produced its first gold concentrate from the fully permitted Vila Nova gold project. Eco has advised that the 800-tonne-per-day bulk sampling gravimetric mill is still undergoing further testing and optimization to improve efficiency and to increase the volume of material that will be processed. The company will provide updates on the results of the tests and progress of the Vila Nova gold project as such information is received from Eco.

JZR possesses a 50-per-cent net profit interest in all profit generated from the Vila Nova project. The NPI was acquired pursuant to a joint venture royalty agreement dated July 6, 2020, as amended on Jan. 9, 2023, between the company and Eco.

Robert Klenk, the company's chief executive officer, commented: "We are very excited with the progress at the Villa Nova gold project. In addition, Eco states it has begun stockpiling material at the mill in anticipation of increasing the throughput of the mill in the near future."

We seek Safe Harbor.