The Conversation (0)
Lode Gold (TSXV:LOD) owns three key orogenic gold assets with a proven gold endowment. Its flagship Fremont Gold Project, located on the Mother Lode Belt in Mariposa County, California, sits on patented private land. Lode Gold is the first owner since mining was suspended in 1942 to explore the site’s underground mining potential. Fremont boasts a gold resource of 1.16 Moz (Indicated) and 2.02 Moz (Inferred), underscoring its strong development prospects.
Lode Gold is spinning out its Canadian assets into a new company, Gold Orogen, which holds projects in Yukon and New Brunswick. Backed by $3 million raised in October 2024, Gold Orogen is well-funded for exploration. Additionally, Lode Gold is securing an extra $1.5 million, ensuring that drilling will take place during the 2025 exploration season.
The Fremont Gold Project spans a 4 km strike along California’s historic Mother Lode Belt, on 3,351 acres of privately patented land in Mariposa County. Lode Gold is launching a 2025 drilling campaign targeting an additional 400,000+ ounces of gold, further strengthening Fremont’s resource base and development potential.
Company Highlights
- Lode Gold has three key orogenic assets with proven gold endowment.
- Strong management and technical team led by Wendy T. Chan who has over 20 years of experience developing and executing strategic plans for Fortune 500 companies and entrepreneurial companies.
- Tight share structure, where four family offices and institutional funds owning over 60 percent.
- The company’s flagship Fremont project boasts a resource of 1.16 Moz of gold and 2.02 Moz of gold in the Indicated and Inferred categories, respectively.
- 2025 MRE 1.3 Moz of gold at 4.4 g/t Au (previously mined in the 1930s at 10.7 g/t)
- Upside potential; only 8 percent of the total 2023 MRE resources has been exploited; mostly in the first 250 m; much has been left unmined.
- Brownfield with 23 km of underground workings and over 43,000 m drilled (cores preserved)
- The deposit remains open along strike and at depth (three step out holes at depth over 1300 m hit structure and were mineralized) over 43 000 m have been drilled.
- Lode Gold will spin out its Canadian assets in the Yukon and New Brunswick into a new company called Gold Orogen to unlock value.
This Lode Gold Resources profile is part of a paid investor education campaign.*
Click here to connect with Lode Gold Resources (TSXV:LOD) to receive an Investor Presentation
LOD:CC
