Goldrea Acquires Mineral Tenure Beside Cannonball

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - Goldrea Resources Corp. (CSE: GOR) (FSE: GOJ1) (OTC Pink: GORAF) ("Goldrea" or the "Company") is pleased to announce that it has acquired a 100% interest in two mineral tenures in the Golden Triangle of northern British Columbia. The two claim tenures cover 71 hectares that adjoin the west side of Goldrea's Cannonball property. Consideration for this "Plus" Property consists of 500,000 common shares in the capital of the Company, subject to a four-month hold period.

Jim Elbert, President and CEO of Goldrea, comments: "Acquiring the Plus property is a very welcome addition to Goldrea's more than 5,000 hectare land position in this increasingly important part of the Golden Triangle. Our planned 2025 program will be amended to include the new claims and the Company will provide updated reports of the known copper and gold prospects that Goldrea currently control as soon as possible; also showing the location of Seabridge Gold's recent Snip North discovery in our proximity, given the major follow up program they have undertaken this year on their Iskut Project. We're excited about the results coming in from the zone where we are embedded and believe we have positioned the Company to be a significant player in the Golden Triangle's development."

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

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