CEO.CA's Inside the Boardoom: Lode Gold Shifts Focus to Underground Mining with Positive 2025 MRE Results at Fremont Project, USA
Lode Gold (TSXV: LOD) (OTCQB: LODFF) has announced an updated 2025 Mineral Resource Estimate (MRE) for its Fremont Gold Project, revealing significant results of 1.3 Moz Au at 4.4 g/t (using a 3 g/t cut-off) with an average true width of 16.8 meters. The company has strategically shifted its focus from open-pit to underground mining operations, which is expected to be more cost-efficient.
CEO Wendy Chan discussed the new MRE findings and outlined the company's upcoming milestones. A notable development includes plans to spin off Lode Gold's Canadian assets in Yukon and New Brunswick into a new entity called Gold Orogen.
Lode Gold (TSXV: LOD) (OTCQB: LODFF) ha annunciato una stima aggiornata delle risorse minerarie per il 2025 (MRE) relativa al suo Fremont Gold Project, rivelando risultati significativi di 1,3 Moz Au a 4,4 g/t (utilizzando un cut-off di 3 g/t) con una larghezza vera media di 16,8 metri. L'azienda ha strategicamente spostato il suo focus dalle operazioni minerarie a cielo aperto a quelle sotterranee, che si prevede siano più efficienti in termini di costi.
Il CEO Wendy Chan ha discusso i nuovi risultati dell'MRE e ha delineato le prossime tappe dell'azienda. Un sviluppo notevole include i piani per scorporare gli asset canadesi di Lode Gold nello Yukon e nel New Brunswick in una nuova entità chiamata Gold Orogen.
Lode Gold (TSXV: LOD) (OTCQB: LODFF) ha anunciado una estimación actualizada de recursos minerales para 2025 (MRE) para su Fremont Gold Project, revelando resultados significativos de 1,3 Moz Au a 4,4 g/t (usando un corte de 3 g/t) con un ancho verdadero promedio de 16,8 metros. La empresa ha cambiado estratégicamente su enfoque de operaciones mineras a cielo abierto a operaciones subterráneas, lo que se espera sea más eficiente en costos.
La CEO Wendy Chan discutió los nuevos hallazgos del MRE y delineó los próximos hitos de la empresa. Un desarrollo notable incluye planes para escindir los activos canadienses de Lode Gold en Yukon y New Brunswick en una nueva entidad llamada Gold Orogen.
로데 골드 (TSXV: LOD) (OTCQB: LODFF)는 프리몬트 골드 프로젝트에 대한 2025년 광물 자원 추정치(MRE)를 업데이트하여 1.3 Moz Au at 4.4 g/t (3 g/t 컷오프 기준)로 평균 실폭이 16.8미터라는 중요한 결과를 발표했습니다. 회사는 전략적으로 노천 채굴에서 지하 채굴로 초점을 전환했으며, 이는 비용 효율성이 더 높을 것으로 예상됩니다.
CEO 웬디 찬은 새로운 MRE 발견에 대해 논의하고 회사의 향후 이정표를 설명했습니다. 주목할 만한 발전으로는 로데 골드의 유콘 및 뉴브런즈윅의 캐나다 자산을 골드 오로겐이라는 새로운 법인으로 분할할 계획이 포함됩니다.
Lode Gold (TSXV: LOD) (OTCQB: LODFF) a annoncé une estimation mise à jour des ressources minérales pour 2025 (MRE) pour son Fremont Gold Project, révélant des résultats significatifs de 1,3 Moz Au à 4,4 g/t (en utilisant une coupe de 3 g/t) avec une largeur vraie moyenne de 16,8 mètres. L'entreprise a stratégiquement déplacé son attention des opérations minières à ciel ouvert vers les opérations souterraines, ce qui devrait être plus rentable.
La PDG Wendy Chan a discuté des nouvelles découvertes de l'MRE et a esquissé les prochaines étapes de l'entreprise. Un développement notable comprend des plans pour scinder les actifs canadiens de Lode Gold dans le Yukon et le Nouveau-Brunswick en une nouvelle entité appelée Gold Orogen.
Lode Gold (TSXV: LOD) (OTCQB: LODFF) hat eine aktualisierte Schätzung der Mineralressourcen für 2025 (MRE) für sein Fremont Gold Project bekannt gegeben, die signifikante Ergebnisse von 1,3 Moz Au bei 4,4 g/t (unter Verwendung eines Cut-offs von 3 g/t) mit einer durchschnittlichen wahren Breite von 16,8 Metern zeigt. Das Unternehmen hat strategisch seinen Fokus von Tagebau auf Untertagebau verlagert, was voraussichtlich kosteneffizienter sein wird.
CEO Wendy Chan diskutierte die neuen MRE-Ergebnisse und skizzierte die bevorstehenden Meilensteine des Unternehmens. Eine bemerkenswerte Entwicklung umfasst die Pläne, die kanadischen Vermögenswerte von Lode Gold in Yukon und New Brunswick in eine neue Einheit namens Gold Orogen auszugliedern.
- High-grade resource with 1.3 Moz Au at 4.4 g/t
- Substantial average true width of 16.8m supporting mining efficiency
- Strategic shift to more cost-efficient underground mining
- Value creation through spin-off of Canadian assets into Gold Orogen
- Transition to underground mining may require additional capital investment
- Higher operational complexity associated with underground mining
Toronto, Ontario--(Newsfile Corp. - April 4, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.
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As a media partner at investor events around the world, CEO.CA provides coverage of the companies shaping the future of mining, meeting with industry leaders to learn more about their vision and strategy.
Meet the Executives Shaping the Mining Landscape
We caught up with Wendy Chan, CEO of Lode Gold (TSXV: LOD) (OTCQB: LODFF), to discuss the updated 2025 Mineral Resource Estimate for the Fremont Gold Project (1.3 Moz Au at 4.4 g/t (cut-off 3 g/t) with an average true width of 16.8 m). She explains how the new MRE has shifted the project focus from open-pit to a more cost-efficient underground mining scenario. Wendy also shares insights on upcoming milestones, catalysts for the company, and details about the spin-off of Lode Gold's Canadian assets in Yukon and New Brunswick into a new company, Gold Orogen.
Lode Gold
(TSXV: LOD) (OTCQB: LODFF)
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FAQ
What are the key findings of Lode Gold's (LODFF) 2025 Mineral Resource Estimate at Fremont?
Why is Lode Gold (LODFF) switching from open-pit to underground mining at Fremont?
What assets will be included in Lode Gold's (LODFF) Gold Orogen spin-off?
What is the grade cut-off used in Lode Gold's (LODFF) 2025 Fremont MRE?
