General Copper Gold Corp. Enters into Option Agreement to Acquire Interest in Exploration License and Property and Announces Proposed Financing

Vancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - General Copper Gold Corp. (CSE: GGLD) (the "Company") is pleased to announce that it has entered into an option agreement dated May 4, 2026 (the "Agreement") with Frantier Mining Namibia (Proprietary) Limited, a private arm's length company organized under the laws of Namibia (the "Optionor") pursuant to which the Company has been granted the sole, exclusive and irrevocable option to acquire an eighty percent (80%) undivided interest in an application for an exclusive prospecting license (the "License") covering approximately 48,500 hectares of land situated in Namibia (the "Property"). The License for the Property is located in central-north Namibia's Otjozondjupa Region in the eastern part of the Northern Zone of the Damara Mobile Belt.