Walhalla Gold Appoints Lisa Gibbons to Board, Strengthening Discovery and Permitting Expertise

Vancouver, British Columbia--(Newsfile Corp. - September 24, 2026) - Walhalla Gold Corp. (CSE: WAU) (OTCQB: WAUXF) ("Walhalla Gold" or the "Company") is pleased to announce the appointment of Lisa Gibbons to its Board of Directors. Lisa joins as the Company finalises its district discovery strategy for the Walhalla Gold Project in Victoria, Australia, and prepares to move from planning to permitting and field activities.

Lisa is a geologist with more than 35 years' experience across exploration, permitting and stakeholder engagement in gold and critical minerals. She was most recently General Manager and then Head of Community & External Affairs at Southern Cross Gold Consolidated Ltd., where she was a key member of the team that grew the company from junior explorer to a multi-billion dollar dual-listed developer. At Sunday Creek, Lisa was closely involved in the early years of discovery and resource definition, and led permitting for exploration and the exploration decline within Victoria's approvals framework. She also supported continuous disclosure and governance across the ASX, TSX-V and TSX, including the company's move to the TSX main board, and built the government and investor relationships that supported its capital raising.

Earlier in her career at Normandy Mining, Lisa was a member of the exploration teams behind the Oberon, Hyperion and Groundrush orogenic gold discoveries in the Tanami, and she was also involved in the discovery of McPhillamys in New South Wales. This work gives her strong grounding in orogenic gold systems, target generation and resource definition, directly relevant to Walhalla's district discovery strategy. Lisa is a Fellow of the AusIMM and holds a Bachelor of Applied Science (Geology, Honours).

Lisa has developed First Nations engagement strategies and negotiated agreements with Traditional Owner groups across several regions of Australia. She currently chairs the MCA Victoria Exploration Working Group, contributes to committees supporting industry and government dialogue, and was a 2022 winner of the Exceptional Woman in Victorian Resources Award.

Steve Jukes, Chief Executive Officer and Director, commented:

"Walhalla is entering the phase where discovery, permitting and community relationships all have to come together, and Lisa has worked at that intersection so successfully through her career. Through her significant contribution at Southern Cross Gold, Lisa has developed the expertise to advance a Victorian gold project from early discovery through to permitting and field activities and how to build strong relationships with communities, government and investors. Our ambition is to grow Walhalla from explorer to developer, and Lisa has demonstrated her ability to deliver on that ambition before. With her appointment, our Board is now at full strength, bringing together complementary technical, financial, governance, stakeholder and commercial skills. I'm delighted to welcome Lisa to the Walhalla team."

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 km² 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 400m x 1,100m gold mineralized aplitic dyke which contains disseminated sulphides and outcrops at surface. The Pinnacles target is fully permitted, accessible, and ready for immediate drilling.

On behalf of the Company
Steve Jukes, Chief Executive Officer & Director

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions, and expectations. They are not guarantees of future performances. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history and the need to comply with environmental and governmental regulation. Accordingly, actual, and future events, conditions and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking statements.

Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/315828

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