Goldera Provides Update on Settlement Agreement and Investment in Gold Orogen

Goldera Exploration Ltd. ("Goldera" or the "Company") (TSX Venture Exchange: GERA) announces that pursuant to the terms of the settlement agreement (the "Settlement Agreement") entered into by Goldera and its former parent company, Fancamp Exploration Ltd. (now called ERDA Resource Opportunities Inc.) with Gold Orogen Resources Corp. ("Gold Orogen"), Gold Orogen Exploration Corp. (Gold Orogen's wholly-owned subsidiary) and Lode Gold Resources Inc. announced on July 9, 2026 (see news release of Fancamp Exploration Ltd. dated July 9, 2026 for details), Goldera shall subscribe for 2,500,000 units ("Units") of Gold Orogen (the "Investment") pursuant to Gold Orogen's non-brokered private placement of Units announced by Gold Orogen on July 15, 2026.

The Investment shall consist of the purchase of 2,500,000 Units at a price of CDN$0.08 per Unit for a total investment of CDN$200,000 pursuant to the terms of a subscription agreement to be entered into between the Company and Gold Orogen. Each Unit shall consist of one common share of Gold Orogen (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase, for a period of 36 months from the date of issue, one Share at an exercise price of CDN$0.10 per Share. Gold Orogen may accelerate the Warrant expiry period upon 30 days notice in the event Gold Orogen Shares have a closing trading price of not less than CDN$0.25 per Share for a period of 10 consecutive trading days.

Gold Orogen is the Company's joint venture partner in Acadian Gold Corp. ("Acadian"), which the Company operates as the Acadian Gold Joint Venture in New Brunswick. Pursuant to the Settlement Agreement, Gold Orogen has agreed, among other things, to transfer 15% of the issued and outstanding common shares held by it in Acadian (the "Acadian Shares") to Goldera, resulting in Goldera holding 65% of the issued and outstanding Acadian Shares upon the completion of such Acadian Share transfer.

The Investment has been approved by the independent directors on the board of directors of Goldera.

About Goldera Exploration Ltd. (TSX-V: GERA)
Goldera Exploration Ltd. (TSX-V: GERA) is a discovery-driven Canadian gold and copper exploration company advancing a portfolio of high-potential exploration assets across Canada's premier mining districts. Created through the spin-out of Fancamp Exploration Ltd.'s exploration portfolio, Goldera is focused on unlocking value through systematic exploration of district-scale gold and copper projects in Ontario, Québec and New Brunswick, with interests in the Yukon, supported by an experienced technical and capital markets team.

Further information on Goldera can be found at: www.golderaexploration.com

Website | LinkedIn

Charles Tarnocai, CEO & Director, Goldera Exploration Ltd.
info@golderaexploration.com

Tara Asfour, Communications & Marketing
info@golderaexploration.com

Cautionary Note Regarding Forward-Looking Information
This news release contains certain "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities legislation. Such forward-looking statements herein include, without limitation, statements regarding the proposed Investment in Gold Orogen and any mentioned exploration properties and related work programs. Statements including forward-looking statements are made as of the date they are given and, except as required by applicable securities laws, the Company disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the continued operation of the mineral companies in which the Company has invested, the Company's ability to maintain its current percentage shareholdings in such companies, the conditions in general economic and financial markets; the price of gold, silver, copper, zinc, lead and titanium; timing and amount of expenditures related to the Company's exploration programs; the availability of additional financing; and the availability and costs of mining equipment and skilled labour.

Forward-looking statements involve known and unknown involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such statements. Such factors include but are not limited to changes in the operations of the mineral companies in which the Company has invested; changes in the Company's shareholdings in such companies; results of exploration activities; interpretation of survey and testing results; financial risks due to metals prices; operating or technical difficulties in mineral exploration activities; the speculative nature of mineral exploration; risks in obtaining necessary licenses and permits; general market and industry conditions; and the availability of additional financing. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

News Provided by GlobeNewswire via QuoteMedia

Goldera Exploration GERA:CC TSXV:GERA base metals investing

GERA:CC

Goldera Exploration

Gold-copper explorer focused on district-scale projects in Canada’s top mining jurisdictions including Ontario’s Abitibi Gold Belt, Quebec and New Brunswick.

Gold-copper explorer focused on district-scale projects in Canada’s top mining jurisdictions including Ontario’s Abitibi Gold Belt, Quebec and New Brunswick. Keep Reading...

Investor Insight

Goldera Exploration (TSXV:GERA) is focused on advancing two key properties; its Acadian Gold Joint Venture (65% interest) and Egan Gold Project (under option agreement), both located in major Canadian mining camps.

Overview

Goldera Exploration Ltd. (TSXV:GERA) is a Canadian mineral exploration company focused on exploring gold and copper projects in prolific Canadian mining camps. It holds interests in assets across Ontario, Québec, New Brunswick and Yukon. The company was created through the spin-out of the exploration assets previously held by ERDA Resource Opportunities Inc. (TSXV:ERDA), formerly known as Fancamp Exploration Ltd. Fancamp completed its transition to a resource investment and royalty company under the new name ERDA, meanwhile its exploration assets were spun-out into Goldera alongside a non-brokered private placement on July 30, 2026, raising approximately C$5.5 million in gross proceeds to advance exploration and operations in Goldera. ERDA Resource Opportunities Inc. began trading on TSXV under the symbol ERDA, and Goldera Exploration Ltd. began trading on TSXV under the symbol GERA on August 5, 2026.

Following the transaction, ERDA retained an approximate 17.7 percent ownership stake in Goldera and continues to provide strategic support. Ashwath Mehra, an experienced investor and mining executive with a track record that includes the role of Senior Partner at Glencore International AG, an 18-times return multiple at GT Gold, and currently position of Lead Independent Director at Collective Mining Ltd. Mr. Mehra holds an approximate 17.8 percent stake as the company's largest shareholder.

Goldera's strategy centers on advancing a twin set of flagship, district-scale gold projects located in Tier-1 Canadian mining jurisdictions, supported by a broader portfolio of exploration-stage gold, copper and base-metal assets. Its flagship Acadian Gold Joint Venture in New Brunswick and its Egan Gold Project in Ontario's Abitibi Greenstone Belt both benefit from being in geologically proven mining camps and significant exploration results.

The company's leadership team combines technical expertise in exploration geology with capital markets and corporate development experience, drawn from companies such as Alamos Gold, GT Gold, Tata Group and Investissement Québec.

Company Highlights

Strategic Locations: The company’s flagship Acadian Gold Joint Venture with Lode Gold Resources is located in an emerging gold-copper camp in Northern New Brunswick (same jurisdiction as Puma Exploration’s Williams Brook and Kenorland Minerals), and Egan Gold-Copper Project (option agreement with Harfang Exploration) sits in the renowned Abitibi Gold District in Ontario. New Brunswick is host to major copper mines, while Abitibi is the world’s largest gold-rich greenstone belt.
District-Scale Flagship Asset: The Acadian Gold Joint Venture covers approximately 445 square kilometres in Northern New Brunswick's Appalachian Orogen. The Northern property, McIntyre Brook, is encompassed by Williams Brook land (project held by Puma Exploration, under option agreement with Kinross Gold). The Southern property, Riley Brook, is a district-scale property surrounded by Kenorland Minerals to the southeast
Core Asset in Abitibi’s Greenstone Belt: The Egan Gold Project is an under-explored syenite gold system with bulk tonnage potential in the same jurisdiction as Kirkland Lake, in Canada’s largest gold producing region, featuring high-grade grab samples up to 105 g/t Au.
Diversified Exploration Portfolio: Additional assets include the South Timmins ‘GoldCo’ joint venture with PTX Metals, Clinton copper-zinc project, the Dileo and Grasset projects in Québec, and interests in the Golden Culvert and Win projects in Yukon's Tombstone Belt through 19.9% stake in Gold Orogen.
Proximity to Major Gold Camps: Acadian is located along strike from Puma Exploration's Williams Brook Project, Egan Gold is in the same region as Kirkland Lake (only 50 km from Timmins), while South Timmins is close to IAMGOLD's Côté Gold mine. The Company’s interests in Golden Culvert and Win Projects through its investment in Gold Orogen are also seated within the same region as Snowline Gold's Valley Deposit in Yukon’s prolific Tombstone Belt, while Goldera’s wholly-owned Grasset Project is on the same belt as Agnico Eagle’s Detour Lake mine.
High-Grade Discovery Results: Drilling and trenching at Acadian's McIntyre Brook property returned intercepts including 1.2 grams per tonne (g/t) gold over 20 metres and grab samples up to 19.9 g/t gold (Moose Brook), while historical surface grab samples at Egan returned as high as 105 grams per tonne gold.
Established partnerships and investments: The Company has 40% interest in Egan Gold Project under an option agreement with Harfang Exploration (up to 80%), and a scalable joint venture with PTX Metals where Goldera holds a 25% stake. It also receives support from ERDA Resource Opportunities Inc. (previously Fancamp Exploration Ltd. – from which Goldera’s exploration assets were spun out from) which currently holds a 17.7% stake in Goldera. The Company also has highly recognized and respected major investors including Ashwath Mehra and Rick Rule.
Well-funded and experienced team: Goldera’s leadership team includes professionals with experience spanning from Alamos Gold and GT Gold, and is backed by a recently closed financing for approximately C$5.5 million in gross proceeds alongside its spin-out from ERDA Resource Opportunities Inc. (TSXV:ERDA).

Key Projects

Acadian Gold Joint Venture

Goldera Exploration geological map of the William Brook Project, McIntyre Brook and Riley Brook mineral claims

The Acadian Gold Joint Venture is Goldera’s flagship 65/35 joint venture with Lode Gold Resources. The project covers the McIntyre Brook and Riley Brook properties spanning a combined 445 square kilometres in Northern New Brunswick's Appalachian Orogen, sitting within the Wapske Formation near the Rocky Brook–Millstream and Woodstock–Catamaran fault systems, which also host other notable regional discoveries.

McIntyre Brook is adjacent to and encompassed by Puma Exploration's Williams Brook Project (under option to Kinross Gold). The company said that McIntyre Brook shares key geological characteristics with Williams Brook, with exploration defining a 3-kilometre gold-bearing horizon and drilling intercepts of 1.2 grams per tonne gold over 20 metres and 5.83 grams per tonne gold over 2 metres. Recent trenching results and grab samples show up to 19.9 grams per tonne gold.

Soil sampling at Riley Brook has outlined a large, untested 4-kilometre by 2-kilometre geochemical anomaly coincident with electromagnetic and radiometric signatures, pointing to potential epithermal or intrusion-related gold systems – with multi-commodity potential that includes gold, copper, tungsten, antimony, among other elements.

With its grade, size and jurisdiction, Goldera said that Acadian Gold demonstrates potential hallmarks of a significant gold-copper discovery opportunity in New Brunswick.

Egan Gold Project, Ontario

Located in Ontario's Abitibi Greenstone Belt, the world’s largest gold-rich greenstone belt, is the Egan Gold Project. The 11-square-kilometre project sits roughly 50 kilometres from Timmins and within the same broader gold-producing region as Kirkland Lake.

Goldera holds Egan under an option agreement with Harfang Exploration Inc., which allows the company to earn between 40 and 80 percent interest across two phases.

Goldera Exploration regional exploration map of the Egan Gold Project

Goldera Exploration's Egan Gold Project highlighting exploration targets

Three main gold occurrences at the site returned historical surface grab samples as high as 105 grams per tonne gold at the E1 zone, 65.3 grams per tonne gold at the E1S zone and additional high-grade results at the E2 and E3 zones. The company considers the project's alteration and mineralization characteristics broadly comparable to those seen in other major Abitibi gold systems, noting that it hosts “Archean syenite-related gold systems that can produce giants such as Young-Davidson Mine.”

Other Projects

South Timmins "GoldCo" Joint Venture – Goldera and PTX Metals respectively hold a 25 and 75 percent interest in GoldCo, a 232-square-kilometre district-scale gold exploration project along the Ridout–Tyrrell corridor of the Abitibi Greenstone Belt. The project is located near IAMGOLD's Côté Gold mine, which comprises the Shining Tree, Heenan/Mallard, and Dorothy properties.

Clinton Copper-Zinc Project, Québec – Clinton is a wholly-owned, 75-square-kilometre volcanogenic massive sulphide project in Québec's Clinton River Belt, the site of past copper-zinc production between 1973 and 1975 and a historical non-compliant NI 43-101 resource estimate of 1.52 million tonnes grading 2.02 percent copper and 1.54 percent zinc (MRNFQ Fiche de Gite 21E07-0007).

Golden Culvert and Win Projects – Goldera has 19.9% interest in Gold Orogen, which owns the Golden Culvert and Win projects in Yukon, within a 12-kilometre by 55-kilometre corridor of the Tombstone Gold Belt, an emerging district that also hosts Snowline Gold's Valley deposit.
Dileo and Grasset Projects – Goldera holds a 100 percent interest in the Dileo and Grasset Projects in Northern Québec, gold and nickel-copper-PGM exploration assets along the Frotet-Evans and Detour-Fenelon greenstone belts. The projects are in proximity to the Detour Lake Mine and the Regnault Gold Discovery, and recent exploration defined a 2.2-kilometre multi-commodity trend and new copper showings up to 1.18 percent copper.

Management Team

Charles Tarnocai – Chief Executive Officer and Director

Charles Tarnocai brings a strong technical background and extensive experience in mining and mineral exploration. He has held multiple roles in established mining companies: Director for GT Gold, VP and Corporate Development for Alamos Gold and Chief Geologist for Oro Gold Resources.

Rajesh Sharma – Executive Chairman and Director

Granted the Institute of Corporate Directors, Director (ICD.D) designation, Sharma has led large-scale mining start-ups, investments and acquisition deals across the globe. He held several leadership positions with the Tata Group, including within the mining and investment subsidiaries of Tata Steel in Canada and Africa. He also previously served as Executive in Residence at Investissement Québec.

Mark Billings – Director

A seasoned director, mining executive and former investment banker, Billings has served as CEO, CFO or director of numerous publicly traded resource companies in Canada and abroad. He is the former VP-Corporate Finance at Desjardins Securities, and is a Chartered Financial Analyst.

Mathieu Stephens – Director

Stephens is a professional geologist with over 15 years of experience, having served as CEO of NeoTerrex Minerals. He was also the President and CEO of UrbanGold Minerals, which was acquired by Troilus Gold, and VP Exploration for Beaufield Resources, which was acquired by Osisko Mining.

François Auclair – Vice President, Exploration

With 35 years of experience, Auclair is a professional geologist who has held numerous senior and strategic positions in the industry and is well accustomed to Quebec, Ontario, and other Canadian mining regions. His experience includes CEO and co-founder of Algold Resources, CEO of Nimini Gold and General Manager of Tasiast SA.

Arnab Kumar De – Chief Financial Officer

Kumar De is a seasoned executive with more than 20 years of experience. He is a Certified Public Accountant, Chartered Global Management Accountant and Certified Management Accountant, and is currently the principal of Resurgent Montreal.

Debra Chapman – Corporate Secretary

Debra Chapman brings 35 years of experience in administration and accounting. She previously served as a director of Fancamp Exploration and acted as the company’s Chief Financial Officer until 2024.

Tara Asfour – Communications and Marketing

Tara Asfour is an executive consultant with over 13 years of experience in management and investor relations and communications, specializing in capital markets. She has held executive positions across the resource and technology sectors and holds an MBA along with the Institute for Governance of Private and Public Organizations designation.