Gold Basin Appoints Director

(TheNewswire)

Vancouver, British Columbia –TheNewswire – January 7,2026 - Gold Basin ResourcesCorporation (the "Company", "Gold Basin") – (TSX-V GXX,OTCQB: GXXFF) is pleased to announce that MrAndrew Mendelawitz has been appointed as a Non-ExecutiveDirector.

Mr. Mendelawitz was part of thefounding team of Gold Basin Resources, managing investor relations fora three-year period from before the Company listed, through threecapital raises, and during the major drilling campaigns.

He has a comprehensiveunderstanding of the Gold Basin Project and has maintained strongrelationships with the Company's major shareholders. He willassist the Board of Directors to shape, articulate and execute itsstrategy of delivering a maiden resource estimate as rapidly aspossible.

Mr Mendelawitz has approximatelytwenty years' experience in the mining industry, working in avariety of corporate functions with Australian and Canadian listedcompanies, including Fortescue Metals Group, BHP, and ClevelandMining, in Australia, North America, Central America, and SouthAmerica.

Mr. Mendelawitz is currently anExecutive Director of unlisted Australian public company PharmachalHealth Group; the Honorary Consul for Guatemala in Melbourne,Australia; and the Honorary Secretary of the Consular Corps ofMelbourne.

Mr. Mendelawitz stated: "Ilook forward to resuming work with the Gold Basin Board of Directors,who are unified behind a clear and compelling strategy. The Gold Basinproject has enormous potential, standing as one of the most excitinggold projects in the USA."

ABOUT GOLD BASIN RESOURCES CORPORATION

Gold Basin Resources Corporation isadvancing the 42 km2 GoldBasin Project, located in the tier one mining jurisdiction of MohaveCounty, Arizona.  Gold Basin is accessible year-round via a1.5-hour-drive on Highway I-93 southeast of Las Vegas, and high-powerelectrical lines from the Hoover Dam crosscut the southern Projectarea.  The immediate focus of Gold Basin's highly experiencedtechnical team is to expand and delineate multiple at-surface oxidegold deposits and prove the project's district-scale potential.For further information, please visit the Company's web site at:www.goldbasincorp.com.

On Behalf of the Board of Directors

Charles Straw

President, Director & interim CEO

Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this news release.

FORWARD-LOOKING STATEMENTS:

This news release contains forward-looking statementsand forward-looking information (collectively, "forward lookingstatements") within the meaning of applicable Canadian and U.S.securities legislation, including the United States Private SecuritiesLitigation Reform Act of 1995. All statements, other than statementsof historical fact, included herein including, without limitation,future assay results from further programs, future plans for drillingat the Stealth Deposit, the Company's expectation that it will besuccessful in enacting its business plans, and the anticipatedbusiness plans and timing of future activities of the Company, areforward looking statements. Although the Company believes that suchstatements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-lookingstatements are typically identified by words such as:"believes", "will", "expects","anticipates", "intends", "estimates","plans", "may", "should","potential", "scheduled", or variations of suchwords and phrases and similar expressions, which, by their nature,refer to future events or results that may, could, would, might orwill occur or be taken or achieved. In making the forward-lookingstatements in this news release, the Company has applied severalmaterial assumptions, including without limitation, that that therewill be investor interest in future financings, market fundamentalswill result in sustained precious metals demand and prices, thereceipt of any necessary permits, licenses and regulatory approvals inconnection with the future exploration and development of theCompany's projects in a timely manner, the availability offinancing on suitable terms for the exploration and development of theCompany's projects and the Company's ability to comply withenvironmental, health and safety laws. The Company cautions investorsthat any forward-looking statements by the Company are not guaranteesof future results or performance, and that actual results may differmaterially from those in forward-looking statements as a result ofvarious factors, including, operating and technical difficulties inconnection with mineral exploration and development activities, actualresults of exploration activities, the estimation or realization ofmineral reserves and mineral resources, the inability of the Companyto obtain the necessary financing required to conduct its business andaffairs, as currently contemplated, the timing and amount of estimatedfuture production, the costs of production, capital expenditures, thecosts and timing of the development of new deposits, requirements foradditional capital, future prices of precious metals, changes ingeneral economic conditions, changes in the financial markets and inthe demand and market price for commodities, lack of investor interestin future financings, accidents, labour disputes and other risks ofthe mining industry, delays in obtaining governmental approvals,permits or financing or in the completion of development orconstruction activities, risks relating to epidemics or pandemics suchas COVID–19, including the impact of COVID–19 on theCompany's business, financial condition and results ofoperations, changes in laws, regulations and policies affecting miningoperations, title disputes, the inability of the Company to obtain anynecessary permits, consents, approvals or authorizations, including bythe TSX Venture Exchange, the timing and possible outcome of anypending litigation, environmental issues and liabilities, and risksrelated to joint venture operations, and other risks and uncertaintiesdisclosed in the Company's latest Management's Discussionand Analysis and filed with certain securities commissions in Canada.All of the Company's Canadian public disclosure filings may beaccessed via www.sedar.com and readers are urged to review thesematerials. Readers are cautioned not to place undue reliance onforward-looking statements. The Company undertakes no obligation toupdate any of the forward-looking statements in this news release orincorporated by reference herein, except as otherwise required bylaw.

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