Guskin Gold Corp. announced the initiation of the a detailed geological and regolith mapping program on the Kukuom Gold Project located in the renowned Sefwi-Bibiani Gold Belt in Ghana, Africa. The detailed geological and regolith mapping is currently being carried out across the area of the "Open Pit" and extending East and West of the favorable contact zones of the metasedimentary and metavolcanic units that hosts gold-quartz vein systems. The detailed surface geological and structural mapping program, alongside a rock chip sampling program, has begun in the most prospective part of the Kukuom concession.

The mapping is being done along gridlines of 100-meter spacing and 50-meter line spacing over the main magnetic anomaly (as previously reported on March 2, 2022). The airborne data interpretation undertaken earlier had confirmed the presence of six (6) distinctly high magnetic signatures, which are circular-elliptical shaped, and which could be indicative of shear zones that may have strike lengths in excess of 2,000-meters and are the primary targets to host gold-quartz vein systems. One of such high magnetic anomalies, is coincident with the Kukuom artisanal "open pit" prospect, where high-grade gold quartz vein systems in the artisanal open pit workings are featured. Target 1which lies within the broader area being mapped, has since been investigated by soil geochemistry on 200-meter by 50-meter grid and ground magnetic and Induced Polarization (IP) surveys.

The current detailed field mapping was preceded by ground geophysical surveys which was carried out to get a better understanding of the bedrock geology. The ground magnetics aimed to assist in a better definition of bedrock structure and IP was very effective in outlining zones in bedrock with disseminated sulfides, which are typically associated with gold-bearing structures and vein systems. The detailed field mapping exercise will further constrain the lithological units within the mapped area that are most favorable for gold mineralization; it will allow ground-checking or ground-truthing of the prominent magnetic anomalies interpreted from airborne and ground data. Additionally, the regolith data collected will also aid in the compilation of a comprehensive regolith map.

The distribution of laterites and transported regolith materials and their effects on geochemical response in the mapped area will be studied. Rock chip, grab, and laterite sampling will be undertaken in tandem with field mapping program. In areas where outcrops are located, rock chip/grab sampling of rock exposures will be taken.

The Kukuom Gold Project is a Joint Venture Partnership with Danampco Company whereby Guskin Gold is the exclusive operator with a 70% interest. The license area is 156 square kilometers and the Kukuom Gold Project is highly prospective, spatially related to major mines including Newmont's Ahafo Gold Mine (23Moz) located approximately 30km north of the Kukuom property, and Asante Gold's Chirano Gold Mine (5Moz) located approximately 45km south-southeast of Kukuom and their Bibiani Gold Mine (7Moz) located approximately 25km southeast. Francis Lovebridge Agezo, Guskin Gold's Director of Exploration participated in the exploration, discovery and development Cluff's Ayanfuri Gold Mine and Red Back's Chirano Gold Mine in Ghana.

Played key role in Redback's expansion in Ghana before its takeover by the Lundin Group and later Kinross. Notably on April 25th, 2022, Kinross Gold Corp. (KGC) announced the sale of the Chirano Gold Mine for $225 Million to Canadian Asante Gold (ASE); Asante having previously acquired the Bibiani Gold Mine for $90 Million from Australian Resolute Mining (RSG) in August 2021.

Guskin Gold's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Francis Lovebridge Agezo, P.Geo, the Company's Director of Exploration, and a qualified person under the definition of National Instrument 43-101. This news release was written for the Purpose of reporting on the operations pertaining to the Company's Kukuom Gold Project. The Company accepts no responsibility or liability for any use of this report or any reliance upon this report by any person, other than the use of the whole of this report by the Company consistent with the Purpose.

The full report, while unpublished in this press release, must always be considered in its entirety.