Mr. Sergei Stetsensko reports

GOLDHILLS HOLDING LTD RECEIVES DRILL PERMIT FOR LENNAC LAKE

Goldhills Holding Ltd. has received a multiyear, area-based drilling permit for the Lennac Lake project from the British Columbia Ministry of Mining and Critical Minerals.

"This is an important step in moving the project forward to initiate a drilling program to assess the potential of this remarkable deposit," said Sergei Stetsensko, chief executive officer of Goldhills Holding.

The company will provide an update regarding next steps in the near future.

The Lennac Lake project is located in the Babine copper-molybdenum porphyry district in central British Columbia. The property has a history of exploration dating back to 1971 and is an early exploration project with substantial potential for discovery of further porphyry and related mineralization. The main target, and most developed prospect, is the west zone. Two drill holes in 2012 confirmed porphyry copper plus or minus molybdenum mineralization hosted in potassic-altered porphyritic intrusive rocks to depths greater than 300 metres and remaining open. Previous diamond and reverse circulation drill programs have worked to constrain the lateral extent of mineralization and alteration. Airborne magnetic data, as well as ground induced polarization, provide adequate geophysical data to guide future drill programs by correlating potential mineralized zones to chargeability and magnetic parameters. A higher-grade Cu plus or minus Mo core or feeder zone could be located at depth or within the volume of rock between the 2012 drill holes. For a comprehensive report on the Lennac Lake project, see the company's National Instrument 43-101 technical report filed on SEDAR+ on June 21, 2024.

Jeremy Hanson, PGeo, is a certified professional geologist and qualified person for the purposes of Canada's NI 43-101. He has verified and approved the information contained in this news release.

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