Mr. Michael Carew reports

WALHALLA GOLD CORP APPOINTS STEVE JUKES AS CEO AND DIRECTOR

Walhalla Gold Corp. has appointed seasoned mining executive Steve Jukes as chief executive officer and director of the company.

Mr. Jukes is an internationally recognized mining executive with more than 25 years of experience leading the evaluation, development, and delivery of precious, base and critical minerals projects across Australia, Canada, South America and Asia. His expertise spans the full mining project life cycle, from exploration and resource definition through feasibility, project financing, construction, commissioning and commercial operations.

Mr. Jukes has held executive leadership roles across the global mining industry, advising boards, investors and management teams on project strategy, development, capital allocation and financing. He has successfully led numerous bankable feasibility studies and financing mandates, advancing mining projects from early stage discovery through to production. His experience includes delivering large-scale mining projects and supporting the growth and development of major international mining companies through strategic advisory, technical leadership and project execution expertise.

Mr. Jukes is the founding and former managing director and chief executive officer of JukesTodd, an international mining advisory and project development firm established to provide specialist expertise in the evaluation, development and delivery of mining projects. Under his leadership, JukesTodd grew into a globally recognized advisory business supporting major mining companies including Newmont, Gold Fields, Rio Tinto and SSR Mining. The firm was involved in delivering large and complex mining projects across multiple commodities and jurisdictions, providing expertise across project development, feasibility, engineering, execution and operational readiness. Following the firm's acquisition by Turner & Townsend, he was appointed Australia/New Zealand Head of energy and natural resources before becoming global head of mining and minerals, leading the company's worldwide mining practice.

Prior to JukesTodd, Mr. Jukes held senior technical and project leadership roles across the mining industry, gaining extensive experience in the development, and delivery of major resource projects and working with leading mining organizations around the world. His career has focused on successfully moving projects from concept through feasibility, financing, construction and operations, while also providing strategic support to major mining companies undertaking significant capital investments.

His project experience includes leadership roles on major copper, gold, silver, tin, tungsten and critical minerals developments, including Winu (Australia), Gibraltar and Moose River (Canada), Cerro Verde (Peru), Copler (Turkey) and Sepon (Laos), working with leading mining companies including Rio Tinto, Freeport-McMoRan, MMG, Taseko Mines and OZ Minerals.

Mr. Jukes currently serves as a non-executive director of Dover Castle Metals Ltd. and as a board member of the Association of Mining and Exploration Companies (AMEC). He is a qualified mechanical engineer whose technical background complements more than two decades of executive leadership, project delivery and corporate governance in the international mining sector.

As a result of Mr. Jukes's appointment, Mick Carew has resigned as chief executive officer and will remain a director of the company. In connection with these changes, the board has approved the grant of six million restricted share units to the company's management and directors, of which 50 per cent will vest in 12 months, 25 per cent will vest in 18 months and 25 per cent will vest in twenty four months, and will be exercisable for a period of three years from the date of grant.

About the Walhalla gold project

The company owns the Walhalla gold project, located in the state of Victoria, which is a district-scale project consisting of 1,230 square kilometres of concessions. Cohen's Reef is one of the largest and most productive gold-bearing quartz reefs ever discovered in Victoria and the company's early exploration will target the identification of potential repeat structures nearby old developments. In addition to multiple areas with past historic production such as Cohen's Reef, the Walhalla gold project contains high-priority greenfield targets such as Pinnacles where extensive soil geochemistry has highlighted a 400-metre-by-1,100-metre gold mineralized aplitic dike, which contains disseminated sulphides and outcrops at surface. The Pinnacles target is fully permitted, accessible and ready for immediate drilling.

We seek Safe Harbor.