Orea Mining Corp. announced the signing of a Binding Letter of Intent (BLOI) to acquire gold projects with an existing ore processing facility, including significant plant and equipment, in Colombia, South America. The BLOI was signed with the sellers on December 21st to acquire a 100% interest in 13 mining concessions in 3 separate blocks (the "Project") located in the Department of Bolivar, northern Colombia, South America; The execution of the corresponding Definitive Agreement is subject to the successful completion of due diligence by Orea within 90 days from the signing of the BLOI; The Project covers a total surface area of 250 square kilometers encompassing numerous artisanal gold mines; The company considers the Project to be highly prospective for large epithermal and porphyry gold-copper deposits; and The construction of a fully-permitted ore processing plant on the land holdings is near completion and will be fundamental to formalizing mining in the region. The Project lies within the northern San Lucas mountain range, northeast of the Colombian Central Cordillera. The region is known for its gold production since pre-colonial times, which is presently subject to prevalent formal and informal artisanal mining. The Project area is characterized by moderate topography and low elevations ranging from 40 to 700 meters above sea level.