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Alerio Gold Enters into Letter of Intent to Acquire 100% Interest in Aurora NW Project, Guyana
Vancouver, Canada – December 9, 2025 – TheNewswire - Alerio Gold Corp ("Alerio" or the "Company") (CSE: ALE) is pleased to announce that it has entered into a b
About this update from Lighthouse Gold Inc.
[{"type":"text","content":"Vancouver, Canada – December 9, 2025 – TheNewswire - Alerio Gold Corp (\"Alerio\" or the \"Company\") (CSE: ALE) is pleased to announce that it has entered into a binding letter of intent, dated December 3, 2025 (the “LOI”), pursuant to which the Company will receive an option (the “Option”) to acquire 100% interest in the Aurora NW project, located in Guyana (the “Property”), comprising of associated mineral rights, permits and claims (the “Transaction”). Highlights The Property consists of 4 Prospecting Permits Medium Scale (“PPMS”), as per Mining Act of Guyana’s definition (see Figure 1), totalling 4,799 acres (1,942 hectares) The Property is located in the Cuyuni – Mazaruni (Region 7) Region of Guyana. The Property is situated within the Cuyuni greenstone belt of the Guiana Shield in the Amazon Craton, an area known to potentially host gold mineralization, and it is located approximately three (3) kilometres from the Aurora Gold Mine concessions and approximately seven (7) kilometres from the Aurora mine, the largest active gold mine in Guyana, owned and operated by Zijin Mining Group Corporation, the global mining major The belt that covers the area inclusive of the Property is mainly composed of metamorphosed volcanic and sedimentary rocks intruded by granitic and tonalitic bodies and affected by strong deformation and greenschist-facies metamorphism. The Company while negotiating potentially additional acquisitions in the neighboring area, is also working on a geological work program for H1 2026 over the Property with more details to be announced in due course. Figure 1. Red lines outline the Aurora NW Property in the Cuyuni - Mazaruni Region, Guyana The Transaction Pursuant to the terms of the LOI, upon closing the Transaction, the Company shall have the Option to acquire 100% interest in the Property over a period of three years (the “Option Period”) $50,000 USD cash consideration, $10,000 USD of which is payable upon signing the LOI and the balance upon signing the Definitive Agreement (the Effective Date”) and an additional $50,000 USD six (6) months from the Effective Date. 2,000,000 of Common shares of the Company in the capital of the Company payable on the Effective Date. In addition, a Net Smelter Royalty (“NSR”) will be granted to the vendor based on annua...