Sranan Gold Acquires Lawantino Gold Project Situated Along the Prolific Antino-Sela Creek Trend, Suriname
PRESS RELEASE
Sranan Gold Acquires Lawantino Gold Project
Situated Along the Prolific Antino-Sela Creek Trend, Suriname
EDMONTON, AB, CANADA – February 10, 2026 – Sranan Gold Corp. (CSE: SRAN, OTCQB:
SRANF, FSE & Tradegate: P84) (“Sranan” or the “Company”) is pleased to announce that it has
entered into an option agreement (the “Agreement”) with Lawantino N.V. (the “Vendor”) to acquire
up to a 100% interest in the 18,468-hectare Lawantino Gold Property (the “Property”) situated in
southeastern Suriname. The acquisition of the Property, which is currently the focus o f extensive
artisanal alluvial mining (see Figure 1), strengthens Sranan’s position within the highly prospective
Guiana Shield, a region recognized for structurally controlled gold mineralization. The Company now
controls 47,500 hectares of high-potential land for exploration.
The Property is strategically located along the same deep -seated regional structure , the Central
Guiana Shear Zone (CGSZ), that hosts Founders Metals’ Antino Gold Project and Miata Metals’ Sela
Creek Project, two of the most active gold exploration projects in Suriname.
The Company has confirmed the presence of extensive active artisanal alluvial mining (see Figure
2) with multiple generations of mining (miners return to the same sites with more effective
equipment). Sampling of limited saprolite expos ure encountered shear-hosted quartz veins cutting
granite near the contact with basaltic rocks. Two samples returned 4.24 and 1.88 grams per tonne
gold, which are considered significant given the limited evaluation completed.
Oscar Louzada, Sranan’s CEO, stated: “The Lawantino acquisition is a strategic addition to our
Suriname exploration portfolio, strengthening our position along a proven and highly prospective
structural corridor. The Project benefits from favourable geology, clear evidence of gold endowment
through ongoing artisanal mining, and proximity to two active gold exploration projects. Lawantino
fits well with our disciplined growth strategy and complements our ongoing work at Tapanahony as
we continue to build value through systematic exploration.”
Sranan’s initial exploration program will focus on integrating areas of artisanal mining with satellite
interpretation, geological mapping, geochemical sampling, and structural analysis to prioritize targets
for future trenching and drilling. The approach is to develop targets quickly and efficiently. A variety
of lithologies observed in mine workings, including basalt, siltstone, and other metasediments ,
suggest a variety of potentially favourable lithologies and structures to test.
Auracle Geospatial Science Inc. (“Auracle”) was contracted by Sranan to analyze the structur al
complexity of the Lawantino Property b y means of its proprietary Mapped Underworld Dimension
(MUD® SAR) remote-sensing system. Results from Auracle’s analysis show a distinct increase in
fracture density in association with abundant small-scale miners (see Figure 3). A similar increase
in fracture density is observed on the east portion of the Lawantino Property.
Lawantino Agreement Terms
Pursuant to the terms of the Agreement, dated February 5, 2026, Sranan may earn a 100% interest
in the Property by making cash and share payments and completing exploration -related
expenditures. Over a 5-year period, the Company may earn 90% interest in the Property by making
total cash payments of US$1,900,000, issuing 1,800,000 common shares to the arm’s -length
Vendor, and completing exploration expenditures on the Property totaling US$1,700,000 . Upon
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completion of the 90% earn -in, the Vendor will retain a 10% interest in the Property and a 2% net
smelter return royalty (“NSR”) on all metals production from the Property. There was no finder fees
paid.
Sranan may repurchase the 2% NSR for US$3.0 million and, upon the establishment of a minimum
750,000-ounce measured and indicated gold resource, may acquire the remaining 10% interest in
the Property based on an independent valuation.
Table 1: Summary of Lawantino Property Agreement Earn-in Obligations
Milestone Cash
Payments
Shares
Issued
Work
Commitments
Paid upon signing $100,000 - -
Within 14 days of the Binding Agreement
Execution Date (“BA Date”) $150,000 - -
6-month anniversary of the BA Date $250,000 600,000 $150,000
1st anniversary of the BA Date $200,000 200,000 $250,000
2nd anniversary of the BA Date $150,000 150,000 $250,000
3rd anniversary of the BA Date $200,000 200,000 $350,000
4th anniversary of the BA Date $250,000 250,000 $300,000
5th anniversary of the BA Date $600,000 400,000 $400,000
Total $1,900,000 1,800,000 $1,700,000
Figure 1. Location of the Lawantino Property, along the CGSZ, showing major drainages and
areas of small-scale mining.
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Figure 2. Scouting flight showing extensive, active alluvial mining (December 23, 2025)
Figure 3. Fracture Density Image generated by Auracle using MUD® SAR. Red areas indicate
more intense ground preparation favourable for gold. Active areas of small-scale mining in
bright yellow. The CGSZ cuts southeast to northwest through the concession.
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Dr. Dennis LaPoint, EVP of Exploration and Business Development, states, “I am very excited about
this new acquisition along the same structural trend of the CGSZ that hosts two active gold
exploration projects. Lawantino complements our ongoing drilling program at our Tapanahony Gold
Project and demonstrates that Sranan will continue to expand our portfolio of gold projects based on
our extensive knowledge of Suriname. The agreement with Lawantino N.V. represents a major step
in expanding our footprint within Suriname’s highly prospective southeastern part of the Marowijne
greenstone belt along one of the major controlling structures for large gold deposits . A strength of
the Sranan team is our ability to develop early-stage projects into potential new discoveries. I first
reviewed this area in 2007 when held by Canarc, so I am very pleased with our cooperation and
relationship with Lawantino shareholders.”
Samples were prepared and assayed by Filab in Paramaribo, Suriname. All samples >2 g/t Au were
re-assayed with 50 -gram re -assay and gravimetric assay. Standard QA/QC procedures were
followed and showed a satisfactory level of reproducibility. The Company n otes that the drill
intercepts may not represent true underlying mineralization. Core logging, photography, and
sampling are completed under strict industry standard QA/QC protocols (Oreas certified reference
materials, assayed coarse blanks, duplicates of core).
Qualified Person
Dr. Dennis J. LaPoint, Ph.D., P .Geo., a “qualified person” as defined under National Instrument 43-
101, has reviewed and approved the scientific and technical information contained in this release.
Dr. LaPoint is not independent of Sranan Gold, as he is th e Company’s EVP of Exploration and
Corporate Development.
About Sranan Gold Corp.
Sranan is engaged in the business of mineral exploration and the acquisition of mineral property
assets in Suriname. The Company’s flagship Tapanahony Project covers 29,000 hectares in one of
Suriname’s most prolific artisanal gold mining districts.
For more information, please visit www.sranangold.com.
For further information, please contact:
Oscar Louzada, CEO
+31 6 25438975
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE
CONTENT OF THIS PRESS RELEASE.
Forward-looking Statements
Certain statements in this release constitute “forward-looking statements” or “forward-looking information” within the
meaning of applicable securities laws, including, without limitation, the successful completion of the acquisition of the
Lawantino Gold Project as discussed in this press release, the timing, nature, scope and details regarding the
Company’s exploration plans and results at its projects. Such statements and information involve known and unknown
risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company,
its projects, or industry results, to be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements or information. Such statements can be identified by the use
of words such as “may” , “would” , “could” , “will” , “intend” , “expect” , “believe” , “plan” , “anticipate” , “estimate” ,
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“scheduled” , “forecast” , “predict” and other similar terminology, or state that certain actions, events or results “may” ,
“could” , “would” , “might” or “will” be taken, occur or be achieved. These statements reflect the Company’s current
expectations regarding future events, performance and results and speak only as of the date of this release. Further
details about the risks applicable to the Company are contained in the Company’s public filings available on SEDAR+
(www.sedarplus.ca), under the Company’s profile.
Forward-looking statements and information contained herein are based on certain factors and assumptions regarding,
among other things, the estimation of mineral resources and reserves, the realization of resource and reserve
estimates, metal prices, taxat ion, the estimation, timing and amount of future exploration and development, capital
and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes
and other matters. While the Company consider s its assumptions to be reasonable as of the date hereof, forward -
looking statements and information are not guarantees of future performance and readers should not place undue
importance on such statements as actual events and results may differ materiall y from those described herein. The
Company does not undertake to update any forward -looking statements or information except as may be required by
applicable securities laws.