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Gold Terra Appoints Hellen Siwanowicz to Board of Directors

Management Changes

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Gold Terra Appoints Hellen Siwanowicz to Board of Directors

August 11, 2020, Vancouver, B.C. – Gold Terra Resource Corp. (TSX-V: YGT; Frankfurt: TX0; OTC

Pink: TRXXF) (“Gold Terra” or the “Company ) is pleased to announce the appointment of Hell en

Siwanowicz as a director of the Company. Hellen’s appointment brings the total number of directors serving

on Gold Terra’s Board to seven, including four independent, non-executive directors.

Ms. Siwanowicz brings over 25 years of business law experience. From 1991 to 2016, Ms. Siwanowicz

practiced law at McMillan LLP and its predecessor, Lang Michener LLP, with an emphasis on securities

law. She has significant experience advising public compa nies on corporate finance, mergers and

acquisitions, regulatory compliance and corporate governance matters.

“On behalf of the Board of Directors, I would like to welcome Hellen to the Board,” said Gerald Panneton,

Executive Chairman of Gold Terra . “Her level of experience and knowledge will further strengthen the

Board’s skills as G old Terra continues to advance exploration and realize the full value potential of its

Yellowknife City Gold Project.”

About Gold Terra’s Yellowknife City Gold Project

The Yellowknife City Gold (“YCG”) project encompasses 790 sq. km of contiguous land immediately north,

south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, Gold

Terra controls one of the six major high-grade gold camps in Canada. Being within 10 kilometres of the City

of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service

providers, hydro-electric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering nearly 70 kilometres of strike length along

the main mineralized shear system that host the former -producing high-grade Con and Giant gold mines.

The Company's exploration programs have successfully identified significant zones of gold min eralization

and multiple targets that remain to be tested which reinforces the Company's objective of re -establishing

Yellowknife as one of the premier gold mining districts in Canada.

Visit our website at www.goldterracorp.com.

For more information, please contact:

David Suda, President and CEO

Phone: 604-928-3101 | Toll-Free: 1-855-737-2684

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term i s defined in the

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