Lode Gold Appoints Patrick W. Garretson as Senior Technical Advisor - Adds Major Mining Company Experience to Fremont Gold Mine
Lode Gold identifies expansion drilling and a resource upgrade among Fremont's upcoming development milestones.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Lode Gold Resources (LODFF) appointed Patrick W. Garretson as Senior Technical Advisor to support development of its Fremont Gold Mine.
Garretson brings 35 years of international mining experience, including roles at South32, Newmont, Goldcorp, Barrick and BHP Billiton. Most recently, he managed technical services and the feasibility study for South32's Hermosa Project in Arizona. Lode Gold is conducting engineering studies to assess mine planning and permitting at Fremont. The company identifies upcoming milestones including an internal scoping study, expansion drilling, a resource upgrade, environmental and permitting work, mine-plan optimization, prefeasibility and feasibility studies, and mine construction.
Positive
- Minor point. Forward-looking: it has not happened yet and may not happen.Fremont's upcoming milestones include expansion drilling, as identified by Lode Gold.
- Minor point. Forward-looking: it has not happened yet and may not happen.Lode Gold identifies a resource upgrade as an upcoming Fremont milestone.
- Minor point. Forward-looking: it has not happened yet and may not happen.Fremont's study milestones include internal scoping, prefeasibility and feasibility studies, as identified by Lode Gold.
- Minor point. Forward-looking: it has not happened yet and may not happen.Lode Gold identifies environmental and permitting work as upcoming Fremont milestones.
- Minor point. Forward-looking: it has not happened yet and may not happen.Lode Gold identifies mine-plan optimization as an upcoming Fremont milestone.
- Minor point. Forward-looking: it has not happened yet and may not happen.Lode Gold identifies mine construction as an upcoming Fremont milestone.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2026) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: LODFF) (FSE: X27) ("Lode Gold" or the "Company") is pleased to announce the appointment of Patrick W. Garretson as Senior Technical Advisor to Fremont Gold Mine.
Patrick W. Garretson brings 35 years of international mining experience with some of the world's leading major mining corporations, including South32, Newmont, Goldcorp, Barrick and BHP Billiton. His career has been balanced between mine operations, mine development and the technical planning required to advance mining projects from resource definition, permitting, and mine planning through feasibility studies and development.
Most recently, as Project Lead, managing Technical Services and Feasibility Study for South32's Hermosa Project in Arizona, Patrick was instrumental for the positive and successful delivery of the Taylor-Hermosa Feasibility Study, overseeing mine design, permitting and planning. His background includes senior leadership roles where he led life-of-mine planning, resource and reserve development, feasibility studies and technical services, providing extensive expertise in project management, evaluation, design and advancement of mining operations.
Throughout his career with major mining corporations, Patrick has held progressively senior technical and corporate positions with direct responsibility for resource and reserve modeling, mine planning, life-of-mine strategy and technical studies. He completed his B.Sc Geology at Fort Lewis College and is an active member of the Geological Society of Nevada, Arizona Geological Society, and Australasian Institute of Mining and Metallurgy (AusIMM).
Wendy T. Chan, CEO and Director of Lode Gold states, "Patrick's extensive experience is highly relevant and valuable to the current stage of development at Fremont Gold Mine, where we are conducting engineering studies to ascertain mine planning and permitting. Upcoming critical milestones include: internal scoping study, expansion drilling, resource upgrade, initiation of environmental and permitting, optimizing mine planning, PFS, FS, and mine construction. These are all stages of mine development that Patrick has expertise in as a seasoned mine operator at majors. We look forward to having Patrick's experience and technical leadership support the continued advancement of the Fremont Gold Mine."
About Lode Gold
Lode Gold has key assets in Canada and United States.
Fremont Gold Mine Project (Fremont Gold Mining LLC) is a brownfield project in Mariposa, California with 43,000 m drilled, 10,000 underground channel samples, 14 adits and 2 shafts. Mining halted in 1942 due to the gold mining prohibition during WW II. It was mined at 10.7 g/t when price was gold was
Dingman Property is an orogenic deposit in Ontario, Canada with over 22,000 m drilled, with a 2013 PEA, MRE (link to report) : 376,000 oz at 0.94 g/t within 12.5 Mt measured and indicated and 47,000 oz at 0.71 g/t within 2.1 Mt Inferred.
Qualified Person
The technical information contained in this press release was reviewed and approved by Gary Wong, P.Eng., Vice President of Exploration of Lode Gold, designated as a qualified person under National Instrument 43-101.
ON BEHALF OF THE COMPANY
Wendy T. Chan
CEO & Director
info@lode-gold.com
+1(604) 977-GOLD (4653)
Kevin Shum
Investor Relations
kevin@lode-gold.com
+1(604) 977-GOLD (4653)
Cautionary Statement Regarding Forward-Looking Information
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the use of proceeds, advancement and completion of resource calculation, feasibility studies, and exploration plans and targets. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: the status of community relations and the security situation on site; general business and economic conditions; the availability of additional exploration and mineral project financing; the supply and demand for, inventories of, and the level and volatility of the prices of metals; relationships with strategic partners; the timing and receipt of governmental permits and approvals; the timing and receipt of community and landowner approvals; changes in regulations; political factors; the accuracy of the Company's interpretation of drill results; the geology, grade and continuity of the Company's mineral deposits; the availability of equipment, skilled labour and services needed for the exploration and development of mineral properties; and currency fluctuations.
There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include a deterioration of security on site or actions by the local community that inhibits access and/or the ability to productively work on site, actual exploration results, interpretation of metallurgical characteristics of the mineralization, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, business disruptions, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.
[1] 0.25 g/t for oxide, 0.45 g/t for open pit mineralization and 1.45 g/t for underground mineralization
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316735
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who did Lode Gold appoint as technical advisor to Fremont Gold Mine?
Lode Gold appointed Patrick W. Garretson as Senior Technical Advisor to Fremont Gold Mine. He brings 35 years of international mining experience, with a background spanning mine operations, development and technical planning.