Vancouver, BC - TheNewswire - December 14, 2022 - Gold Basin Resources Corporation (the "Company" or "GXX", (TSXV:GXX) (OTC:GXXFF) announces that, effective immediately, it has terminated its business relationship with the Discovery Group of companies.

On Behalf of the Board of Directors

Michael Povey

Chairman of the Board

For further information, please contact:

Michael Rapsch, Investor Relations

Phone: 1-604-331-5093

Neither 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.