Mr. Gerald Panneton reports

GOLD TERRA APPOINTS TODD BURLINGAME AS CHIEF DEVELOPMENT OFFICER

Gold Terra Resource Corp. has appointed Todd Burlingame as chief development officer (CDO) to oversee the company's direction toward development of the company's Yellowknife assets, including all stakeholder relationships, permitting strategy, and all other impending policies and plans on the future growth of the company in Yellowknife.

Mr. Burlingame brings extensive experience, leadership and widespread familiarity with the Northwest Territories to this role. Mr. Burlingame is the principal and founder of Kee Scarp Ltd., a resource development company founded in 1996 that derisks and advances large-scale projects by restructuring organizations, building teams, participating in financing initiatives, meeting project milestones, securing approvals and negotiating benefits agreements with indigenous groups.

Mr. Burlingame's most significant positions over the last 30 years include:

• Chairman and chief executive officer at Mackenzie Valley Environmental Impact Review Board;
• Chairman and chief executive officer at Mackenzie Valley Land & Water Board;
• Project manager at Vale's Long Harbour hydrometallurgical plant;
• Manager at Nalcor Energy's Lower Churchill hydroelectric project;
• Executive vice-president at Alderon Iron Ore Corp.'s project;
• Vice-president at Baffinland Iron Mines;
• President at High Tide Resources Corp.;
• Chief executive officer at Search Minerals;
• Chief executive officer at E-Tech Xploration.

Mr. Burlingame currently serves as an independent director at Ventra Metals Corp.

Mr. Burlingame has a BSc geology degree from the University of British Columbia and is a registered professional geologist (PGeo) in Nova Scotia.

Gold Terra, subject to board approval, will grant the CDO an initial 800,000 stock options at the closing price on the first day of employment on Jan. 23, 2026. The option grant is according to the company's plan which is for five years with 25 per cent vesting increment every six months after the date of the issuance.

Chairman and chief executive officer Gerald Panneton commented: "We welcome Todd's experience in joining the Gold Terra team. As we move closer into the next chapter of our Yellowknife gold discovery story, Todd's experience in senior management and his extensive familiarity with the NWT regulatory environment, will be key in the very near future. He will be a great asset to the company as we continue to advance our drilling, engineering, permitting on our advanced gold targets at the Con mine and our other satellite deposits just 20 kilometres north of town. As we build our future in Yellowknife with all the local stakeholders, Todd will be there, and available in Yellowknife, as we move our project forward towards development."

Meet with Gold Terra at VRIC

Gold Terra would like to cordially invite you to visit the comapny at Booth 316 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Pl., Vancouver) on Sunday, Jan. 25 to Monday, Jan. 26, 2026. Management will be available to provide an update on the company's current 2026 drilling program and company strategy going forward. The company looks forward to meeting you there.

About Gold Terra Resource Corp.

The Yellowknife project (YP) encompasses 836 square kilometres of contiguous land immediately north, south and east of the city of Yellowknife in the Northwest Territories. Through a series of acquisitions, Gold Terra controls one of the six major high-grade gold camps in Canada. Being within 10 kilometres of the city of Yellowknife, the YP is close to vital infrastructure, including all-season roads, air transportation, service providers, hydroelectric power and skilled tradespeople. Gold Terra is currently focusing its drilling on the Campbell shear, where approximately 14 million ounces of gold has been produced (refer to Gold Terra Oct. 21, 2022, technical report) and most recently on the CMO property claims immediately south of the past-producing Con mine which produced 6.1 Moz between the Con, Rycon and Campbell shear structures (1938 to 2003).

The YP and CMO properties lie on the Yellowknife greenstone belt, covering nearly 70 kilometres of strike length along the main mineralized shear system that hosts the former-producing high-grade Con and Giant gold mines. The company's exploration programs have successfully identified significant zones of gold mineralization and multiple targets that remain to be tested which reinforces the company's objective of re-establishing Yellowknife as one of the premier gold mining districts in Canada.

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