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 (LODFF) has entered an exclusive confidential Letter of Intent with a mining company to advance the Fremont Gold Project in California, including a 45-day exclusivity and standstill through January 16, 2026. The contemplated deal is expected to bring capital to accelerate Fremont development and to repay outstanding debt secured by the asset.
Work to upgrade resources to Measured & Indicated begins immediately, a Pre-Feasibility Study is targeted for early 2026, with PFS completion estimated in Spring 2027. The 2023 PEA is based on 1M oz M&I and 2M oz inferred; planned PFS will evaluate underground bulk mining at various cut-offs and confirms no use of cyanide.
Lode Gold (OTC: LODFF) provided a year-end 2025 review for its Fremont Gold Project in Mariposa, California, and outlined 2026 catalysts.
Key facts: 2025 MRE at a 1.0 g/t cutoff: 35.93 Mt @ 2.73 g/t Au (3.16 Moz contained). Company cites the 2023 PEA DCF sensitivity showing a 7% post-tax NPV of $835.6M and an IRR of 64.4% at $3,000/oz Au. Fremont is now scoped as a 100% underground bulk mine with improved payable terms for flotation concentrate to 91.5%.
Near-term plans: 2026 infill/step-out drill program (8,500 m), underground channel sampling to upgrade resources, and a PFS targeted for end-2026/early-2027, with a pilot 300–500 tpd plant planned for 2028.
Lode Gold (OTCQB: LODFF) recovered more than 5,000 historical underground samples, increasing its validated sample database from 3,212 to 8,593 for the Fremont gold mine in Mariposa County, California.
The company recovered 5,728 underground samples and 665 daily assay reports (1936–1941), completed a new 3D stope model, and reports 42,717.3 m drilled, 23 km of underground workings and prior mining at 10.7 g/t Au. Lode Gold is validating and re‑testing legacy data that may support upgrading the 2025 MRE toward more Measured and Indicated classification.
Lode Gold Resources (OTCQB: LODFF / TSXV: LOD) appointed Bill Fisher as Chair of Gold Orogen's Technical Committee and granted incentive stock options to directors and consultants. Gold Orogen holds prospective gold assets in the Yukon and New Brunswick; Lode Gold highlighted Fisher's 40+ years of mining experience and past roles linked to major discoveries and exits.
The company granted 2,157,500 options at an exercise price of $0.21 per share under its 10% rolling plan; 50% vest on grant, 50% vest on the first anniversary, and options expire five years from issue.
Lode Gold (OTCQB: LODFF) reported prospecting and soil geochemical results from its Gold Orogen subsidiary and Acadian Gold JV (with Fancamp) at McIntyre Brook and Riley Brook, New Brunswick, dated October 7, 2025. Key findings include grab samples up to 7.0 g/t Au, trench assays up to 6.9 g/t Au, and extension of a favorable host horizon to a minimum 3 km strike at Area 2. Results incorporate 2024 data and support a planned fall 2025 drill program. Corporate items: shares-for-debt settlement of $229,765 via issuance of 957,355 shares and a private placement where insiders acquired 1,110,678 units, resulting in insiders holding 1,416,578 shares.
Lode Gold Resources (TSXV: LOD) has identified nine new exploration targets at its Fremont Mine in the Mariposa - Mother Lode Belt, leveraging VRIFY's AI-powered DORA platform. The project currently holds 1M ounces in Measured & Indicated and 2M ounces in Inferred resources, with only 8% of identified resources historically mined.
The Fremont Mine, previously operated at 10.7 g/t gold when gold was $35/oz, features 23 kilometers of underground workings and shows significant potential with average true widths of 50m at 1 g/t gold cut-off. The company plans to advance to Pre-Feasibility Study by December 2026, targeting gold production by early 2028 with a 300-500 tpd test mining operation, potentially scaling to 4,000-6,000 tpd producing 130,000-200,000 ounces annually.
Lode Gold Resources (OTCQB: LODFF) has completed an Internal Scoping Study for its Fremont gold project in California, focusing on a 100% underground bulk mining scenario. The company has retained EAS Advisors and Red Cloud Securities to seek a Joint Venture partner and evaluate potential gold production starting in early 2028.
The project envisions scaling up from 4,000 to 6,000 tonnes per day, with the current PEA projecting 136,000 oz gold production annually. The resource base includes 1M oz Measured & Indicated and 2M oz Inferred. Key features include underground crushing, elimination of cyanide use, and initial pilot plant operations at 300-500 tpd. The project will utilize only 20% of the company's 3,351 acres of patented land.
Lode Gold Resources (OTCQB: LODFF) has successfully closed an upsized non-brokered private placement, raising total gross proceeds of $1.51 million through the issuance of 8.4 million units at $0.18 per unit. Each unit includes one common share and one warrant exercisable at $0.35 for 36 months.
The company announced several key developments: CFO Winfield Ding's resignation with Wayne Moorhouse appointed as Acting CFO, a construction loan extension with Romspen Investment Corporation until October 31, 2025, and the resolution of a legal dispute resulting in a $222,469 severance payment to the former CEO.
The private placement proceeds will support business plans for Lode Gold and its subsidiary, Gold Orogen. Insiders participated by subscribing to 1,022,111 units, and finder's fees include $16,039 in cash and 89,100 Finders' Warrants.
Lode Gold Resources (OTCQB: LODFF) has successfully completed its non-brokered private placement offering, raising a total of $1.51 million through the issuance of 8,409,825 Units. The final tranche raised $326,780 by issuing 1,815,446 Units at $0.18 per Unit.
Each Unit comprises one common share and one purchase warrant, allowing holders to buy one common share at $0.35 within three years. The Company maintains the right to accelerate warrant expiry if shares trade at $0.65 or higher for 10 days. Proceeds will support business plans for Lode Gold and its subsidiary, Gold Orogen.
Lode Gold Resources (OTCQB: LODFF) has engaged strategic advisors to advance the development of its Fremont Mine in Mariposa, California. The company aims to optimize the mine plan with a focus on high-grade production, scaling to over 100,000 ounces per year, and initiating near-term small-scale production.
The project's 2023 PEA showed positive economics at $1,750 gold price, with projected annual production of 130,000 ounces. The recent 2025 NI 43-101 resource estimate revealed only 8% of total mineral resources have been extracted. The company has outlined key catalysts for 2025-2026, including underground rehabilitation, metallurgy studies, and completion of a Pre-Feasibility Study.