Vancouver, British Columbia - Alerio Gold Corp. (the 'Company') (ALE: CSE) announces advancement of exploration activities on the Company's 100% owned Tassawini Gold Property ('Tassawini' or the 'Property'), Guyana. The Company recently contracted with Auracle Geospatial Science Inc ( 'Auracle') to complete an updated topographic map as well as structural interpretation of the Property. The results of the work generated several high priority Targets outside of the Tassawini Historical Resource area. The remote sensing work conducted by Auracle, focused on locating and identifying sub surface features within the Tassawini Project and the completion of an updated topographic surface with the preparation of a new Digital Elevation Model ('DEM'). The DEM is a vital component to the anticipated updated Mineral Resource Estimate and to future exploration and drill programmes. Allan Fabbro director, comments: 'the survey builds on the strong understanding of the structural and stratigraphic controls to the gold mineralization at Tassawini with results generating high priority targets which include untested extensions to the historical resource zones and new areas interpreted to be highly prospective for previously unrecognized gold mineralization.' 'This along with the recent technical review of the data associated with Tassawini has given us a basis for defining an upcoming work program designed to advance the Targets generated by the remote sensing work. ' Mr. Greg Smith, P. Geo. Director of Alerio Gold, is a Qualified Person as defined by NI 43-101 and has reviewed and approved the technical data and information contained in this news release. Mr. Smith has verified the technical and scientific data disclosed herein and has conducted appropriate verification on the underlying data.

About Auracle

Auracle Geospatial Science Inc. is a private Canadian remote sensing and technology company that has developed an innovative and proprietary technology, 'The Auracle System', that uses satellite data to penetrate surface and subsurface to build a comprehensive 3D geological model including everything from ground surface to true bedrock

About Alerio Gold Corp.

Alerio Gold Corp. is a mineral exploration and development company in the business of acquiring, exploring, and developing natural resource properties, with a focus in Guyana, South America. The company currently has 100% interest in three gold properties located in Guyana including the advanced exploration Tassawini Gold Project hosting an Historical Mineral Resource of 437,000 ounces gold Indicated and an additional 62,000 oz gold Inferred

Contact:

Geoff Balderson

Chief Financial Officer

Secretary, and Director

Telephone: 604-602-0001

Email: gb@harmonycs.ca

Forward-Looking Information

This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, 'anticipates', 'expects', 'is expected', 'intends', 'believes', or variations of such words and phrases or state that certain actions, events or results 'may' or 'will' be taken, occur or be achieved. Forward-looking statements include those relating to the acquisition by Alerio Gold Corp. of all of the Properties and the corresponding issuance of the Consideration Shares, the satisfaction of necessary terms and conditions of the Definitive Agreement to complete the Acquisition, and the ownership of the Properties via power of attorney. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management's experience and perception of trends, current conditions and expected developments, including assumptions related to the ability of both companies to successfully complete all the conditions precedent under the Definitive Agreement and the companiesreceiving all necessary future approvals and permits. Actualresults, performance or achievement could differ materially from that expressed in, or implied by, any forward-looking statements in this press release, and, accordingly, undue reliance should not be placed on any such forward-looking statements and they are not guarantees of future results. Forward-looking statements involve significant risks, assumptions, uncertainties and other factorsthat may cause actual future results or anticipated eventsto differ materially from those expressed or implied in any forward-looking statements. Except as required by law, Alerio Gold Corp. undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. The CSE nor its market regulator does not accept responsibility for the adequacy or accuracy of this news release. The CSE hasin no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this news release.

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