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Gold Line Strengthens Technical Team with Addition of Gernot Wober

Gold Line Strengthens Technical Team with Addition of Gernot Wober

Toronto, ON, Canada – Sept 26, 2023 – Gold Line Resources Ltd. (TSX-V: GLDL; OTCQB: TLLZF) (“Gold Line” or the “Company”) is pleased to announce that Mr. Gernot Wober has been appointed to the Company’s Advisory Board.

Mr. Wober is a professional geologist (P. Geo.) and has over 32 years of international resource exploration experience. Mr. Wober is currently VP Exploration for Discovery Silver Corp. where he started in 2018, and in 2019 identified the Cordero silver deposit in Chihuahua, Mexico for acquisition. Previously, he served as VP Exploration, Canada, at Osisko Mining Inc. (“Osisko”), during which time he took part in several key mergers and acquisitions and led the team through the advancement of the Windfall gold deposit and the discovery of the new Lynx Zone. Other roles Mr. Wober has held include VP Exploration for Oban Mining Corporation, Director of of Site Operations for the Pebble project in Alaska with the Pebble Limited Partnership, VP Exploration for Great Basin Gold Ltd., and various exploration roles with Chevron Canada Resources Limited, Noranda Exploration Company Limited, and Taseko Mines Limited.

President and CEO Taj Singh commented, “We are very pleased to have Gernot join the Gold Line Advisory Board. Gernot has a deep understanding of orogenic gold deposits, their economic potential and modern exploration techniques. He has had significant experience and success working in greenstone geological settings similar to those found at Gold Line’s projects. Having previously worked closely together with Gernot before I am excited to now bring him on at Gold Line. In my opinion, he is one of the top exploration minds in our sector. His impressive profile adds to our already strong and experienced geological team here and is highly encouraging for the future of our promising project portfolio.

ABOUT GOLD LINE RESOURCES LTD.

Gold Line is focused on acquiring mineral properties with exceptional exploration potential in the most prolific gold-producing regions of Sweden and Finland, which are both regarded as top-tier mining jurisdictions and emerging exploration frontiers. Both countries possess very prospective mineral endowments, stable tenures, straightforward permitting, favorable tax regimes and supportive geopolitical landscapes. Gold Line’s Swedish projects are located in the Gold Line Mineral Belt and Skellefteå Belt of north-central Sweden and the Mjøsa-Vänern Belt in the southwest. In Finland, Gold Line holds the entire underexplored Oijärvi Greenstone Belt located in the north of the country.

ON BEHALF OF THE BOARD OF DIRECTORS OF GOLD LINE RESOURCES LTD.,

Taj Singh, M.Eng, P.Eng, CPA
President, CEO & Director

For further information:
Email: [email protected]
Telephone: 1-416-568-1027

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Website: https://www.goldlineresources.com/
Twitter: https://twitter.com/GLDL_Resources
LinkedIn: https://www.linkedin.com/company/gold-line-resources-ltd

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Cautionary Note Regarding Forward-Looking Statements

This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the terms and conditions of the Arrangement, timing for the hearing for the final order of the Supreme Court of British Columbia to approve the Arrangement and the timing and ability of Gold Line to complete the Arrangement. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflect Gold Line’s respective management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Gold Line believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of Gold Line. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to obtain necessary approvals in respect of the Arrangement, the ability to consummate the Arrangement,; the ability to obtain requisite court approvals and the satisfaction of other conditions to the consummation of the Arrangement on the proposed terms and schedule; the potential impact on exploration activities; the potential impact of the announcement or consummation of the Arrangement on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; the re-rating potential following the consummation of the Arrangement; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time on the Arrangement. This forward-looking information may be affected by risks and uncertainties in the business of Gold Line and market conditions. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by Gold Line with the Canadian securities regulators, including Gold Line’s financial statements and related management’s discussion and analysis for the financial year ended December 31, 2022 and its interim financial reports and related management’s discussion and analysis for the period ended September 30, 2023 filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedarplus.ca.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Gold Line has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended, and do not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

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.