Lode Gold Resources announces that it has closed the shares for debt transaction, previously announced on April 2, 2024. The Company had second-year anniversary payments due pursuant to the terms of seven arms-length option agreements on its McIntyre Brook property in New Brunswick. The Company made payments totaling $209,000, satisfied by payments of $77,000 in cash and $132,000 by the issuance of 4,400,000 common shares [...]
Lode Gold Resources announces that it has engaged Martin Stratte as an advisor. Stratte has stepped down as a director of the Company to take on this advisory role, in connection with his return to the private practice of law in California. Stratte is a land use and environmental permitting attorney with significant experience advising companies in the mining and natural resources sectors, with particular emphasis on [...]
Lode Gold Resources is pleased to announce that it has retained the services of Carlos Saban, an exploration and mine development geologist to review the Company's Fremont Gold Project and to develop a geological model for a potential high-grade underground gold mine. Carlos Saban is skilled in re-interpreting complex mineralized systems. By carefully studying previously mined grades, re-analyzing cut-offs, and gaining [...]
Lode Gold Resources is pleased to announce that it has recently acquired 100% ownership of two more claims covering 13.96 km2 at the core of its McIntyre Brook Project. This increases the 100%-owned ground from 1,461 ha to 2,858 ha. The Company intends to continue to earn in on the remaining options and expand holdings when opportunities arise. Also, the Company announces that it is making the second year option payments [...]
Lode Gold Resources announces the closing on March 18, 2024 of $656,721.70 of its non-brokered private placement announced on Jan 3, 2024. Each unit consists of one common share and one common share purchase warrant issued at a price of CDN $0.025 per unit. Each common share purchase warrant will entitle the holder thereof to purchase an additional one common share of the Company at $0.05 (Canadian) per share for a period [...]
Lode Gold Resources is pleased to provide a corporate update. Lode Gold acknowledges receiving an expression of interest from an independent third party regarding the possible acquisition of specific assets owned by Lode Gold. It is important to note that as of now, the Company has not entered into any legally binding agreements related to this potential merger and/or acquisition. Wendy T. Chan, Lode Gold's CEO, comments [...]
Lode Gold Resources announces the closing on March 5, 2024 of the first tranche of $1,422,902.50 of its non-brokered private placement announced on January 3, 2024. Each unit consists of one common share and one common share purchase warrant issued at a price of CDN $0.025 per unit. Each common share purchase warrant will entitle the holder thereof to purchase an additional one common share of the Company at $0.05 per [...]
Lode Gold Minerals is pleased to announce that it has accepted subscriptions for the first tranche of its previously announced non-brokered financing designated to close on March 5, 2024. The Company is pleased to have received 100% participation in the private placement from all board members and management, making it a related-party transaction. The Company has relied on the exemptions from the valuation and minority [...]
Lode Gold Minerals announces that it has been granted an extension by the TSX Venture Exchange to complete its non-brokered financing for gross proceeds of up to $1.5 million at the terms set out in the news release of Jan 3, 2024. The extended date for final acceptance of the offering is March 5, 2024. It is anticipated that all members of the Board of Directors will be participating in the financing. The offering [...]
Lode Gold Minerals is pleased to announce it has appointed Carlos Saban to its Technical Advisory Board to help advance the Fremont Gold project. Carlos Saban is a skilled mining geologist who has a strong understanding of mineralized systems, mine economics and development. He has over a decade of professional geological exploration experience spanning a few continents. He spent his formative years in Peru, where his [...]
Lode Gold Resources provides an update on its McIntyre Gold project in the under-explored, world-class "Appalachian Gold Corridor". The AGC contains over 20 M ounces of gold resources stretching along a band that parallels the Iapetus Suture, a geological structure that represents the closure of the Iapetus Ocean in the Silurian epoch. This >4,000-km long structure that stretches from South Carolina, through New [...]
tratabound Minerals announces that the Company has changed its name to Lode Gold Resources Inc. as part of its ongoing growth and restructuring plans. To further unlock value, the Company is contemplating a spin out of one or more of its orogenic exploration gold assets into a new company, Gold Orogen. New corporate websites are currently under construction, with the new domains www.lode-gold.com and www.goldorogen.com [...]