Lighthouse Gold Inc. · CSE:LGHT

Lighthouse Gold — Alerio Gold — Investor Presentation (March 2023)

20 slides from Lighthouse Gold's investor presentation, Mar 15, 2023

  1. Slide 1: Alerio Gold Corp.

    SIX ALERIO GOLD CORP. March 15, 2023

  2. Slide 2: Forward-Looking Information and Legal Disclaimers

    FORWARD-LOOKING INFORMATION AND LEGAL DISCLAIMERS FORWARD-LOOKINGINFORMATIONANDLEGAL DISCLAIMERS: The data, information, and opinions contained or referred to (the“Information”) in this presentation of Alerio Gold Corp. (the “Company”) contain statements that constitute “forward-looking statements.”

  3. Slide 3: Alerio Gold – Our Opportunity

    Alerio Gold – Our Opportunity • Canadian exploration company, with portfolio of exploration projects in Guyana • 100% ownership in two properties, Tassawini (advanced) and Puruni • Tassawini hosts an Historic Mineral Resource totalling 437,000oz Indicated and 62,000 oz Inferred, with room to grow, n

  4. Slide 4: Why Guyana?

    Why Guyana? • Located in South America • English speaking with British based common law • Commonwealth member with democratic government • Established Mining Act • Region with a rich history of economical gold deposits • Favorable mining laws and government support • Foreign direct investment into G

  5. Slide 5: Guiana Shield Gold Deposits

    Guiana Shield Gold Deposits1 • Newmont’s Merian mine in Suriname commenced production in 2016 with approx. 5.0 M ounces in inventory • The Aurora Mine of Guyana Goldfield’s Inc. has ~sold to Zijin Mining $238M USD • The Omai deposit historically produced 4.0M ounces in Guyana • IAMGOLD’s Rosebel Min

  6. Slide 6: Our Projects

    Our Projects Tassawini Alerio owns a 100 % interest in two highly prospective projects Puruni • Tassawini Gold Project • Puruni Gold Project 6

  7. Slide 7: Tassawini Project $34M in Historical Expenditures

    Tassawini Project $34M in Historical Expenditures • Historic Mineral Resource totalling 437,000oz Indicated and 62,000 oz Inferred 1 • Growth potential with 4 untested targets, featuring similar geospatial signature1 • Medium Scale mining permits issued in 2021 renewable in 5-year cycles • Extensive

  8. Slide 8: Tassawini Project Established Infrastructure

    Tassawini Project Established Infrastructure • 1,381 hectares (3,412 acres) property, covering four new targets and room for expansion • Established work camp with airstrip • River access for 1,000 tonne barges • ~100 km to Atlantic Ocean • One hour by helicopter from Georgetown 8

  9. Slide 9: Tassawini Deposit – Higher Grade Core

    Tassawini Deposit – Higher Grade Core SD001 SD317 SD102 SD002 Open Drill hole SD317 85 m grading 5.8 g/t Au Open 9

  10. Slide 10: Tassawini Deposit - Historical Resources

    Tassawini Deposit - Historical Resources 1 The estimation was based on 440 diamond drill holes and 1,187 reverse circulation drill holes totalling respectively 58,390 metres (m) and 43,284 m of drilling. The data and procedures employed by SRK in 2008 and updated in 2010 and the historical resource

  11. Slide 11: New Exploration targets & the path to growth

    Fracture Density New Exploration targets Resource Model N & the path to growth Extension North untested Resource Target Extension North Exploration Our recently completed Mapped Target #2 TASSAWINI Underworld Dimension (MUD®) Survey Sonne deposit TASSAWINI DEPOSIT (Satellite Survey), has identified

  12. Slide 12: Fracture density model

    Fracture density model With significant structures Resource Extension North untested N Target Mapped Underworld Dimension (MUD®) Exploration Survey, shown at right: Target #2 Sonne deposit TASSAWINI DEPOSIT This model shows the spatial density of untested fractures and faults per square metre. Resou

  13. Slide 13: Historic Workings

    Historic Workings Hyper-Radar Fracture Density Model Resource Resource Model Subsurface Extension Extension untested North untested N N NorthTarget Resource Target Extension North Exploration Exploration Target #2 TASSAWINI Detected probable historic mining Target #2 Sonne deposit TASSAWINI DEPOSIT

  14. Slide 14: Puruni Gold Project Highlights

    Puruni Gold Project Highlights • Puruni lies only 6.0 km south of the historic Peters Mine • Documented history of alluvial mining in the active river channel and shallow saprolite mining on the land adjacent to the riverbank • Located 250 km southwest of Georgetown, with gravel road, helicopter, or

  15. Slide 15: Puruni Gold Project Mechanical Trenching Diamond Drilling

    Puruni Gold Project Mechanical Trenching Diamond Drilling • Gold values from trench samples • Seven diamond drill holes ranged from <0.01 - 9.6 g/t Au completed in 2011 were reported including individual samples assaying to have returned anamalous gold 2.5g/t Au, 6.2 g/t Au and 9.6 g/t Au values • M

  16. Slide 16: Guyana Valuation Comps – Highlighting the Opportunity

    Guyana Valuation Comps – Highlighting the Opportunity 991M $420M 52.3M $25M 377M $34M 164M $136M 101M $6M 1.As of Jan 4th, 2022 16

  17. Slide 17: Path to resource growth: Work planned for 2023

    Path to resource growth Work planned for 2023 • Clearing and mapping new targets at Tassawini • Trenching and sampling new targets at Tassawini • Aircore drilling of newly identified targets at Tassawini • Diamond drilling of new targets at Tassawini, based on results of trenching, sampling and airc

  18. Slide 18: Management Team

    Al Fabbro Management Team CEO & Director "I am excited to play a more active role in moving the company and its projects forward. With the historical resource at Tassawini and the recent successful topographic survey locating several additional targets on the property, the Company looks forward to a

  19. Slide 19: Alerio Gold Corporate Snapshot

    Alerio Gold Corporate Snapshot CAPITAL STRUCTURE 1 Basic Shares Outstanding 101.2 million Warrants 4.6 million Exercise price $0.40, Jan 20, 2024 expiry Options Outstanding .75 million Fully Diluted 106.5 million Fully Diluted Market Capitalization $7.3 million Insider Ownership 48% (1) As at March

  20. Slide 20: For more information, please contact

    For more information, please contact: Adrian O’Brien Director, Marketing & Communications Em: info@aleriogold.com CSE:ALE Canadian Listing Ph: (604) 202-8165 www.aleriogold.com FSE:3FRO Frankfurt Listing 1000 - 409 Granville Street ALEEF:US United States Listing Vancouver, BC, V6C 1T2

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