Mr. Cameron Tymstra reports

TARGA APPOINTS RYAN WESTON AS NEW VICE PRESIDENT OF EXPLORATION

Targa Exploration Corp. has appointed Ryan Weston as the new vice-president of exploration for the company. Mr. Weston has previously held senior leadership roles with Noront Resources, Carlisle Goldfields and was most recently the vice-president of exploration at Wyloo Canada.

"With the ongoing drill campaign at El Zanjon, where visible gold was seen in the first hole with assays pending and our grassroots gold discovery at Opinaca, Mr. Weston is joining us as vice-president of exploration at an exciting time for the company," commented Targa chief executive officer Cameron Tymstra. "Mr. Weston is bringing a considerable amount of exploration management and discovery experience to Targa that he has gained from his more than 25 years in the industry as a professional geologist. His proven leadership and technical expertise will be a critical addition to our team and central to our continued success as we continue to advance our gold discovery portfolio."

Mr. Weston brings 25 years of global experience in base and precious metals exploration to the company, including three years in Peru exploring for early stage epithermal gold and porphyry copper deposits. He played key roles in the successful sale of Carlisle Goldfields to Alamos Gold in 2016 and of Noront Resources to Wyloo in 2022. Most recently, he served as vice-president exploration with Wyloo Canada, where he led exploration initiatives in Ontario's Ring of Fire region. Mr. Weston is a registered professional geologist in Ontario and holds an MBA from Queen's University, an MSc from Laurentian University and a BSc from the University of Toronto.

Targa's new VP of exploration, Ryan Weston, commented: "I'm very excited to be joining Cam and the Targa team as we advance two back-to-back gold discoveries. The company's initial exploration success reflects the team's exceptional ability to identify and test these early stage opportunities. Now the real work begins in defining the size, grade and geological controls of these new discoveries."

The board of directors and management team would like to sincerely thank Lorne Warner, Targa's outgoing vice-president of exploration, for his strong efforts and guidance during the company's formative years as a public company.

Stock options

Targa's board of directors has approved the issuance of 200,000 incentive options to Mr. Weston. The options have an exercise price of 70 cents and a term of five years. Twenty-five per cent of the options will vest immediately with the remaining options vesting at a rate of 25 per cent every four months. The board of directors has also approved the issuance of 100,000 incentive options to the new corporate secretary, Susy Horna. Those options have an exercise price of 70 cents and a term of five years and will vest immediately. The options were granted pursuant to the company's incentive stock options plan and are subject to regulatory approval.

About Targa Exploration Corp.

Targa Exploration is a Canadian exploration company engaged in the acquisition, exploration and development of gold mineral properties with headquarters in Vancouver, B.C. The company's focus is on early stage projects in premier mining jurisdictions with strong potential for making Tier 1 grass roots precious metals discoveries. Targa's principal asset is its Opinaca gold project in Quebec where widespread gold mineralization was recently discovered during a maiden drill campaign in 2025. The company has also recently acquired options to earn up to 80-per-cent equity interests in the Venidero and El Zanjon gold-silver projects in Santa Cruz, Argentina, and is actively drilling at El Zanjon.

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