Gold Terra Resource Corp. announced that Mr. David Suda, currently CEO of the Company has notified the Company his intention to step down from his positions, effective December 31, 2021, to pursue other opportunities. The Company has entered into a one year consulting agreement with Mr. Suda for advisory services on a part time basis. Mr. Gerald Panneton, currently Executive Chairman, will assume the role of Chief Executive Officer ("CEO"), effective January 1, 2022. Mr. Panneton who joined the Company in October 2019, brings extensive mine building experience to the Company. Mr. Panneton is a geologist with over 35 years of experience and has played a key role in the discovery and advancement of several gold deposits worldwide. Mr. Panneton was the founder, President and CEO of Detour Gold Corporation (2006-13), where under his leadership, the Detour Lake project grew over tenfold from 1.5 million ounces in mineral resources to over 16 million ounces in mineral reserves and brought into production in just over six years.