Lighthouse Gold to Commence Phase One Exploration Program at Aurora NW Project, Guyana

Executive Summary

• Lighthouse Gold Inc. announced preparation for the maiden Phase I exploration program at its Aurora NW Project in Guyana.
• The company has hired a Country Administration Manager to support on‑site logistics and is assembling a local technical team.
• Phase I will focus on data compilation, geological mapping, geochemical surveys, and soil sampling to identify drill‑ready targets, with trenching, geophysics and drilling planned later in the season.

Key Details

• Aurora NW Project comprises four Prospecting Permits Medium Scale (PPMS) covering ~4,799 acres (1,942 ha) in Guyana’s Cuyuni–Mazaruni region.
• The property lies ~3 km from Aurora Gold Mine concessions and ~7 km from the active Aurora Gold Mine operated by Zijin Mining Group.
• Exploration tasks for Phase I:
  1. Compilation, digitization, and reinterpretation of historical data.
  2. Detailed geological mapping and structural data collection.
  3. Systematic rock‑and‑stream geochemistry surveys.
  4. Saprolite and soil sampling of priority targets; hand auger testing if required.
• Objective: identify and prioritize mineralized corridors, generate drill‑ready targets, and assess whether the controlling structural framework extends onto Lighthouse’s property.
• Anticipated next steps (subject to results): trenching, geophysical surveys, and drilling later in the exploration season.
• The program is designed for capital efficiency within the three‑year option period; additional acquisitions in the surrounding area are being evaluated.
• Qualified Person: Gregory Smith, P.Geo., has reviewed and approved the technical information per NI 43‑101.

Notable Quotes

“We are taking a disciplined and technically driven approach to advancing Aurora NW,” said Will Rascan, Interim CEO. “Our main objective in Phase I is to define if part of the controlling structural framework is extending into Lighthouse’s Property and outline discrete geochemical and geological targets for trenching and drilling later in the field season.”