Lode Gold Resources Inc. is pleased to announce that it has filed a Technical Report for its McIntyre Brook Project, located in the emerging Appalachian Gold Belt in New Brunswick. This National Instrument 43-101 technical report is to be used for Spin Co and will form part of the submission later this month to the Exchange for listing. UPCOMING EXPLORATION PLANS Upon closing of the Fancamp joint venture, subject to TSX [...]
Lode Gold Resources Inc. is pleased to announce it has entered into a definitive agreement with Fancamp Exploration Ltd. which will result in a $3.5 million investment into the Company, and into the Company's wholly-owned subsidiary, Gold Orogen. As part of the Investment Agreement, the Company will transfer its interests in the McIntyre Brook Property and Fancamp will transfer its interests in the Riley Brook Property [...]
Lode Gold Resources Inc. is pleased to announce it has filed on SEDAR+, an NI 43-101 technical report on its Golden Culvert and Win properties in the Yukon Tombstone Gold Belt, similar geological setting as the Valley's RIRGS gold discovery by Snowline Gold1. The report was authored by Marty Huber, P. Geo. and Mark Fekete, P. Geo. This report is a key milestone for our spin-out plans . Lode Gold has set up a wholly owned [...]
Lode Gold Resources is pleased to announce it has closed $506,490 financing, previously announced on May 31, 2024. A total of 13,181,143 units at $0.035 per unit and 1,128,750 Flow Through Units at $0.04 have been issued for total proceeds of $506,490. Each $0.035 Unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at exercise [...]
Lode Gold Minerals announces it has appointed Winfield Ding as Chief Financial Officer, effective immediately. Winfield has been CFO and Director for several public companies in Canada and US. He is a seasoned senior finance executive with over twenty years of finance and operations experience. A former audit manager and currently a self-practitioner, he worked in audit, taxation and advisory across a wide range of [...]
Lode Gold Resources is pleased to provide a Mid Year Shareholder Update regarding its 3-Step Restructuring & Growth Strategy and Plans for 2024. The 3-Step Business Plan was signed off by the Board in October 2023; since then it has been focused on systematic execution of the plans to unlock value for shareholders. Step 1: Lode Gold completed an oversubscribed Private Placement C$2.08M Added engaged and long-term [...]
Lode Gold Minerals Inc. underground mining operation was suspended in the 1940's, has commissioned a study to evaluate the opportunity for an high grade underground potential. HIGHLIGHTS Fremont is an orogenic gold deposit hosted in the ophiolitic suture of the 190 km Mother Lode Belt. Mineralization is evidenced on a 4 km strike on the property Mineralization is hosted both in the melange of the suture and in the slates [...]
Lode Gold Resources Inc. announces it has repaid all short-term working capital loans totalling $500,000 in March 2024. The Company disclosed the terms of the loan agreements in the press release dated September 27, 2023. The Company continues to execute its strategic plans, improve its balance sheet, and actively work towards growing shareholder value. ABOUT LODE GOLD Lode Gold is a Canadian exploration and development [...]
Lode Gold Resources Inc. is pleased to announce it has commissioned a QMAGT geophysical survey on its Golden Culvert and Win projects in the Yukon. The QMAGT system is to be flown out of Seabridge Gold's 3-Aces camp southwest of Lode Gold's properties. This is a collaborative alliance with other Yukon explorers such as Snowline Gold, Seabridge Gold and Aben Minerals, whereby Lode Gold and the associated companies will [...]
Lode Gold Resources Inc. is pleased to report that it is confirming gold endowment and its high exploration potential on its 111 km2 McIntyre Brook Project, New Brunswick. This asset, along with the Company's Golden Culvert and Win Projects will be spun out into a new company, Gold Orogen shortly, to allow better exploration focus on its highly prospective assets. The Property contains several mineral occurrences that all [...]
Lode Gold Resources Inc. is pleased to announce it is undertaking a non-brokered financing for $1.0 million by issuing 28,571,429 units at $0.035 per unit . Each Hard-Dollar Unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at $0.05 for a period of two years following the date of closing. The Company is also undertaking a [...]
Lode Gold Resources Inc. announces it has incorporated a new wholly owned subsidiary to vend in its Canadian assets in Yukon and New Brunswick. The intention is to spin off the subsidiary into a new public vehicle. We are actively evaluating options: a) Direct listing or b) RTO . In 2020, the market capitalization of Lode Gold with these Yukon and New Brunswick assets was $30 million. The Yukon assets in the southeastern [...]