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KAPA.V ·

KAPA GOLD Appoints Mining Executive Joanna-Josephine Pantazidou as New Board Director Industry Expert Brings over 15 Years of Practical MINE Development Expertise to Strengthen KAPA Gold'S Leadership Team

Management Changes Mine Development & Operations

Kapa Gold Inc.

Suite 1400 – 1199 West Hastings Street

Vancouver, BC, V6E 3T5

Tel: 604-961-9442 | [email protected]

www.kapagold.com

KAPA GOLD APPOINTS MINING EXECUTIVE JOANNA-JOSEPHINE PANTAZIDOU AS NEW BOARD

DIRECTOR

INDUSTRY EXPERT BRINGS OVER 15 YEARS OF PRACTICAL MINE DEVELOPMENT EXPERTISE TO

STRENGTHEN KAPA GOLD'S LEADERSHIP TEAM

VANCOUVER, BC – October 2, 2024 – KAPA GOLD INC . (TSXV:KAPA) (“Kapa” or the “ Company”) is

pleased to announce the appointment of Joanna -Josephine Pantazidou to its Board of Directors,

effective immediately. Mrs. Pantazidou, an accomplished mining executive with over 15 years of

experience across the precious and base metals sectors, brings a wealth of technical and strategic

insight to the Company as it advances its portfolio of gold projects in North America.

Mrs. Pantazidou's career has spanned three continents, where she has led engineering and

operational teams in both public and private junior mining companies, including her recent role as

Chairwoman and Director at MFD Investment Holdings, a company focuse d on mine development

across multiple continents. Her proven track record of coordinating large -scale technical projects,

combined with her experience in overseeing growth initiatives for leading firms such as Freeport

McMoRan, Barrick, and Skeena Resource s, positions her as a key asset to Kapa Gold's future

endeavours.

"We are thrilled to welcome Joanna -Josephine Pantazidou to our Board of Directors," said David

Paxton, CEO of Kapa Gold. "Her extensive experience in developing mining projects and her strong

mining and metallurgical background will be instrumental as we c ontinue to drive the development

of our Blackhawk Gold Property. We believe her unique background and deep industry knowledge will

contribute significantly to our strategic objectives."

About Joanna-Josephine Pantazidou

Mrs. Pantazidou has a Diploma in Mining and Metallurgical Engineering from the National Technical

University of Athens. She has built a distinguished career in the mining sector and is known for her

practical engineering solutions and expertise in both eng ineering and operations. Her early career

included key roles in major operations and projects with both Bar rick and Freeport. She eventually

branched off and co -founded Mine Plus Group, where she has spearheaded over 300 due diligence

evaluations and contributed to numerous multi-billion-dollar mining projects on behalf of owners and

investors. Her leadership in metallurgical and process engineering, alongside her execut ive

management roles, underscores her commitment to advancing innovative mining practices.

About Kapa Gold

Kapa Gold Inc. is a Canadian exploration company focused on advancing its portfolio of high-potential

gold projects in North America. The Company's flagship project, the Blackhawk Gold Property, aims to

deliver significant shareholder value through strategic exploration and development initiatives. Kapa

Gold is dedicated to responsible mining, sustainable growth, and contributing positively to the

communities in which it operates.

To learn more, visit www.kapagold.com

On behalf of the Board of Directors

KAPA GOLD INC.

“David K. Paxton”

CEO and Director

Media Inquiries:

David Paxton, CEO

Kapa Gold Inc.

[email protected]

For More Information Contact:

Konstantine Tsakumis

[email protected]

604-961-9442

Neither the 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

release.

Forward Looking Information

Certain statements made, and information contained herein may constitute "forward looking

information" and "forward looking statements" within the meaning of applicable Canadian

and United States securities legislation. These statements and information are based on facts

currently available to the Company and there is no assurance that actual results will meet

management's expectations. Forward-looking statements and information may be identified by such

terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or

"would". Forward-looking statements and information contained herein are based on certain factors

and assumptions. While the Company con siders its assumptions to be reasonable as of the date

hereof, forward-looking statements and information are not guaranteeing of future performance and

readers should not place undue importance on such statements as actual events and results may differ

materially from those described herein. The Company does not undertake to update any forward -

looking statements or information except as may be required by applicable securities laws.