Lode Gold Resources Inc. reports developments tied to North American gold exploration and development, including the Fremont Gold Mine Project in California, the Dingman Gold Project in Ontario, and exploration work in Yukon through Gold Orogen. Recurring updates cover drill permitting, geological modeling, field programs, target generation, and technical work on mineralized zones.
Company news also includes financing and capital-structure matters, such as construction-loan amendments, as well as governance and corporate-structure updates related to project ownership and subsidiary activity.
Lode Gold (TSXV: LOD, OTCQB: LODFF) appointed mining-focused investor Qi Guo, founder, CEO and portfolio manager of EDE Asset Management, to its Board of Directors. Guo has nearly two decades of public-market experience centered on precious metals, base metals and junior mining companies, and holds the Chartered Investment Manager designation.
The company also granted 2,250,000 deferred share units (DSUs) under its omnibus long-term incentive plan to certain directors, officers, advisors and consultants, each DSU convertible into one common share, vesting 50% immediately and 50% after one year, subject to TSX Venture Exchange approval.
Lode Gold highlighted its Fremont project in California, with a 2023 PEA based on 1.16 Moz Au at 1.90 g/t Indicated and 2.02 Moz at 2.22 g/t Inferred, and its Dingman property in Ontario, with a 2013 PEA resource of 376,000 oz Measured & Indicated and 47,000 oz Inferred.
Lode Gold (OTCQB: LODFF) received a three-year Administrative Use Permit from Mariposa County, authorizing surface exploration and drilling on its 100% privately owned patented land at the flagship Fremont Gold Mine in California. The permit supports a planned 3,500–4,500 m drilling program in the second half of 2026 to advance technical work for a Prefeasibility Study targeted for 2027.
The summer 2026 campaign will focus on metallurgical optimization (building on prior 91% gold recovery test work), geotechnical and rock mechanics studies, infill drilling to support potential Indicated-to-Reserve conversion, and dual-purpose hydrogeological drilling. Lode Gold also highlights exploration upside across a 4 km strike and reports a 2023 PEA at Fremont based on 1.16 Moz at 1.90 g/t Au Indicated and 2.02 Moz at 2.22 g/t Au Inferred, plus additional resources at its Dingman project in Ontario.
Lode Gold (TSXV: LOD, OTCQB: LODFF) announced that subsidiary Fremont Gold Mining fully repaid its long-term senior Secured Loan, totaling approximately US$3.6 million in principal and accrued interest, well before the loan’s amended maturity of May 1, 2028. With this repayment, the Fremont Gold Mine property in Mariposa County, California will be released from its security pledge, and Lode Gold and its subsidiaries will have no remaining loan obligations.
According to Lode Gold, the early repayment also qualifies the company for a rebate of 50% of a 2% loan extension fee, lowering financing costs and further strengthening its balance sheet. The company highlights plans to advance Fremont through infill, metallurgical and geotechnical drilling in 2026 and to complete a Preliminary Feasibility Study targeted for July 2027, while also evaluating a potential spin-out of its Dingman gold asset in Ontario.
Lode Gold (OTCQB: LODFF) has fully repaid subsidiary Fremont Gold Mining LLC’s long-term senior secured loan of approximately US$3.6 million (principal plus accrued interest) tied to the Fremont Gold Mine property, several years ahead of its 2028 maturity. The repayment removes all loan obligations and will release the Fremont property from being pledged as security, which Lode Gold says strengthens its balance sheet and completes its turnaround phase.
The company now plans to advance Fremont through infill, metallurgical and geotechnical drilling, engineering work and permitting in 2026, targeting completion of a Pre-Feasibility Study by July 2027, while also evaluating a potential spin-out of its Ontario Dingman gold asset.
Lode Gold (OTCQB: LODFF) has engaged US-based contractor American Drilling Corp to initiate a fully integrated 2026 exploration and resource-definition drilling program at the Fremont Gold Mine in Mariposa County, California. Mobilization of personnel and equipment is planned before the end of July 2026, with drilling over the following months to support a Pre-Feasibility Study (PFS) on bulk underground mining, targeted for completion in 2027.
The Phase 1 program totals 3,500 m, including 1,400 m of metallurgical and geotechnical drilling, 600 m of hydrological and infill drilling in the Pine Tree–Josephine area, and 1,500 m of step-out drilling at Chicken Gulch. Phase 2 will test additional high-priority targets such as Rosie Jane and Drunken Gulch outside the central trend. According to Lode Gold, Fremont’s 2026 mineral resource estimate includes over 1 Moz of Indicated and 2 Moz of Inferred resources, with only about 20% of the structure explored and average true widths of 53 m at a 1 g/t cut-off, all on more than 3,000 acres of 100% owned private land.
Lode Gold Resources (OTCQB: LODFF) announced a non-brokered private placement of up to $7,000,000, issuing up to 25,925,926 units at $0.27 per unit. Each unit comprises one common share and one warrant exercisable at $0.45 for three years.
Lead investor Coast Capital, already holding over 18%, plans to participate to bring its stake to approximately 19.9% post-closing. According to Lode Gold, proceeds will fund technical work and a drill program at the Fremont Gold Mine, strengthen the balance sheet, and support working capital. The company may pay finders' fees on accepted subscriptions.
Lode Gold (OTCQB: LODFF) filed an independent NI 43-101 Technical Report for the Fremont Gold Mine on SEDAR+. The updated mineral resource estimate at a 0.82 g/t cut-off outlines 19.9 Mt indicated at 1.79 g/t (1.15 Moz) and 38.5 Mt inferred at 1.73 g/t (2.17 Moz).
The report highlights consistent grams-per-meter values (79–87 g*m from 0–3 g/t), supporting grade predictability, structural coherence and multiple engineering options. The base-case cut-off was reduced from 3 g/t in the 2025 MRE to under 1 g/t, reflecting current gold prices and costs.
Lode Gold (OTCQB: LODFF) has started engineering studies and a project readiness assessment for the Fremont Gold Mine in Mariposa County, California, supporting a potential mine and permitting plan.
The 2026 mineral resource estimate includes 18.776 Mt indicated at 1.84 g/t Au (1,110,444 oz) and 33.107 Mt inferred at 1.86 g/t Au (1,978,568 oz).
Lode Gold (OTCQB: LODFF) will host a technical webinar on its Fremont Gold Mine Mineral Resource Estimate and development plans.
The event is scheduled for June 4, 2026 at 12 p.m. PST and will cover geology, PFS planning, operational updates, and capital markets strategy.
Lode Gold (OTCQB: LODFF) has adopted semi-annual financial reporting under Canadian CBO 51-933, moving from quarterly to semi-annual statements.
The company cites reduced administrative and financial burden, enabling greater focus on exploration and development, while maintaining audited annual and six-month interim financial statements and ongoing timely disclosure.