Punta Gorda is an area situated in the boundary between the towns of Jasaan and Balingasag in Misamis Oriental where a lighthouse stands which has been a navigational aid among sea vessels in the region for many years.
The new lighthouse was funded through the Spanish Overseas Development Assistance (ODA) as indicated in the name plate shown in one of the photos below. The solar-powered lighthouse or Lightstation Balingasag (term by Coast Guard) bears the coordinates: 08 42′ 24″ N 124 44′ 45″ E – SOURCE
I just don’t know if it is still operating since a notice by the Philippine Coast Guard stated that LS Balingasag was REPORTED NOT OPERATING since 31 May 2013. SOURCE