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WINS.V ·

Winshear Appoints Patricio Varas as President IN Advance of Drill Programme at the Gaban GOLD Project IN PERU

Management Changes Exploration Programs

WINSHEAR APPOINTS PATRICIO VARAS AS PRESIDENT IN ADVANCE OF DRILL PROGRAMME

AT THE GABAN GOLD PROJECT IN PERU

Vancouver, April 9, 2024

Winshear Gold Corp. (TSXV: WINS) (‘Winshear’ or the ‘Company’) is pleased to announce the

appointment of Mr. Patricio Varas as President of the Company, effective immediately.

Mr. Varas is a Professional Geoscientist and Mining Executive with over 38 years’ experience in

mineral exploration, mine development and corporate management. He has extensive

experience in developing precious and base metal exploration and mining projects around the

world. He has played integral roles in the discovery of world class mineral deposits and mines

(Santo Domingo Sur Cu -Fe in Chile, Diavik Diamonds - NWT, and Milestone Potash -

Saskatchewan), delivery of major feasibility studies and has overseen significant mineral asset

sales and corporate transactions.

The Company also announces that Mr. Mark Sander has stepped down from the role of President,

but he will continue to serve as a Director of Winshear. The Company thanks Mark for his efforts

in advancing the Gaban gold project in Peru through the discovery, delineation, and drill

permitting of a compelling gold target.

The Company is working towards commencement of a first-ever drill programme testing the

Coritiri Target at the Gaban Gold Project. The programme is planned to start in Q3 2024.

About Winshear Gold Corp.

Winshear Gold Corp. is a Canadian-based minerals exploration company advancing the Gaban

Gold Project in the Puno region of Peru. The Company considers Gaban to be one of the hard-

rock sources of gold contributing to the 700km2 Madre de Dios alluvial goldfield, located 50km

north of, and downstream from, the Gaban gold project.

For more information, please contact Irene Dorsman at +1 (604) 200 7874 or visit

www.winshear.com

ON BEHALF OF THE BOARD OF DIRECTORS

“Richard D. Williams”

Richard Williams, CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautions Regarding Forward-Looking Statements

This news release includes certain statements and information that may contain forward-looking information within

the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of

historical facts, are forward-looking statements and contain forward-looking information.

Generally, forward-looking information can be identified by the use of forward-looking terminology such as "intends"

or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may",

"could", "should", "would" or "occur". Forward-looking statements are based on the opinions and estimates of

management as of the date such statements are made and they are subject to known and unknown risks,

uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of

the Company to be materially different from those expressed or implied by such forward -looking statements or

forward-looking information, including the risks normally associated with mineral exploration. Although

management of the Company has attempted to identify important factors that could cause actual results to differ

materially from those contained in forward-looking statements or forward-looking information, there may be other

factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such

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 and

forward-looking information. The Company does not undertake to update any forward -looking statements or

forward-looking information that are incorporated by reference he rein, except in accordance with applicable

securities laws.