TUCSON, Ariz., Dec. 09, 2025 (GLOBE NEWSWIRE) -- via IBN -- Lelantos Holdings, Inc. (OTCID: LNTO) ("Lelantos" or the "Company"), a diversified development company focused on renewable energy and high-value natural resource and industrial opportunities, today announced that it has executed a Letter of Intent (LOI) to acquire the Little Giant Mine, a 100-acre block of patented mining claims located in the Harcuvar Range of central Arizona. The LOI outlines the proposed acquisition terms and marks the beginning of Lelantos' due diligence and definitive agreement process.
A Historically Significant, Resource-Rich Property
The Little Giant Mine encompasses five contiguous patented mining claims situated within the Gila and Salt River Baseline and Meridian, Township 9 North, Range 9 West, Section 32, on the Date Creek Ranch SW USGS Quadrangle. Decades of exploration confirm the presence of gold, silver, and copper mineralization, with veins mapped over nearly a kilometer of strike and mineralized zones extending to at least 250 feet deep.
The property contains:
- Native gold and gold-bearing copper-iron sulfides
- Veins up to 5 feet thick, dipping up to 80%
- Historically mined grades of 0.342 oz/t gold, similar silver grades, and >2% copper
- A fully permitted 3,000-ton zero-discharge leach facility featuring a 16,000 sq ft concrete pad, triple-liner containment, leak-detection wells, and prior production of 400 ounces of ore
Transaction Terms
Under the LOI, Lelantos proposes to acquire the Property in exchange for 15 million restricted shares of Lelantos Holdings, Inc., subject to successful due diligence and execution of a definitive agreement.
The LOI includes:
- 60-day exclusivity period
- 60-day due diligence window
- Full access to site data, historical records, and geological information
Strategic Value of the Acquisition
Historical third-party resource assessments indicate:
- Chickadee Mining Co. (2005): 3.6 million tons of mineralized ore with 175,000 oz recoverable gold
- Independent geological review (2007): 10,200 oz gold, similar silver value, and 600 tons copper, with additional upside across 1,600 ft of mineralized strike
The property also generates revenue through decorative and industrial stone sales, offering diversified income potential uncommon in traditional mining operations.
Nathan Puente, CEO of Lelantos Holdings, Inc., stated: "The Little Giant Mine represents a substantial opportunity for Lelantos to expand into hard-asset resource development with a property that includes meaningful historical production, strong geological fundamentals, and fully permitted processing infrastructure. This LOI positions us to validate the resource, unlock its modern valuation potential, and move swiftly toward responsible development." He further added: "With patented land, proven mineralized structures, and decades of historical data, this acquisition aligns perfectly with our strategy of securing high-value, operationally viable assets designed to strengthen long-term shareholder value."
Next Steps
Lelantos will now begin its due diligence review, including site sampling, title verification, environmental assessment, and validation of historic data. The Company plans to complete the definitive agreement within the established 60-day exclusivity period.
About Lelantos Holdings
Founded in the spirit of "Solution Hunting," Lelantos Holdings' innovative business structure is purpose-built to acquire or joint venture with established entities in strategic market sectors. With a focus on sustainable energy, Lelantos Holdings has a mission of being at the forefront of innovation in a dynamic industry, and the goal of operating as a vertically integrated entity to reduce overhead and increase service offerings. Their management team is dedicated to fostering innovation and advancing technological developments.
Lelantos Holdings website: www.Lelantosholdings.io
About Lelantos Energy
INNOVATIVE. STRATEGIC. SOLUTION ORIENTED.
Lelantos Energy offers a forward-thinking solution and a comprehensive approach to adapt to the dynamic landscape of commercial solar, residential solar, microgrid design, energy storage architecture, and EV supercharging. The company has strategically joined forces with experienced and leading industry professionals as well as dedicated lending resources to create a model that will seek to manage project risks, pursue favorable returns (though no guarantees can be made) and support the Company's efforts to enhance the deployment of renewable energy projects.
Lelantos Energy website: www.LNTO.Energy
FORWARD-LOOKING INFORMATION
Certain information set forth in this press release contains "forward-looking information," including "future-oriented financial information" and "financial outlook," within the meaning of applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vii) renewal of the Company's current customer, supplier and other material agreements; and (viii) future liquidity, working capital and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect to the future so they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The United States Securities and Exchange Commission ("SEC") has provided guidance to issuers regarding the use of social media to disclose material nonpublic information. In this regard, investors and others should note that we announce material financial information on our company website, www.LelantosHoldings.io, in addition to SEC filings, press releases, public conference calls and webcasts. We also use social media to communicate with the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, in light of the SEC's guidance, we encourage investors, the media and others interested in our company to review the information we post on the Company website.
CONTACT INFORMATION
Lelantos Holdings, Inc.
info@Lelantos.Group
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