White Gold Corp. Intersects Significant Additional Gold Mineralization including 5.34 g/t Gold over 10.85m Further Extending Mineralization Along Strike at the Ryan's Surprise Target on its Flagship White Gold Property, Yukon, Canada

White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W ) (the "Company") is pleased to report positive assay results for its 2022 diamond drilling program on the Ryan's Surprise target, which is located approximately 2km west of its flagship Golden Saddle and Arc deposits and 11km south of the Company's VG deposit on the Ryan's Trend, a 6.5km long x 1km wide north-northwest trend of anomalous gold and arsenic in soils (Figure 1). Hole WHTRS22D029 encountered several zones of significant gold mineralization including 5.34 gt Au over 10.85m and represents a 50m extension of mineralization along strike to the southeast. A mineralized footprint at the Ryan's Surprise target of approximately 450m east-west by 450m north-south and to a vertical depth of 450m has been defined to date which remains open in all directions (Figure 2). The Golden Saddle and Arc deposits have a combined mineral resource of 1,139,900 ounces Indicated at 2.28 gt Au and 402,100 ounces Inferred at 1.39 gt Au (1) and the VG deposit hosts an Inferred gold resource of 267,600 ounces at 1.62 gt Au (2) . These assays represent positive results from the Company's $6 million 2022 exploration program on its extensive and underexplored 350,000 hectare land package in the emerging White Gold District, Yukon, supported by strategic partners including Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corporation (TSX: K, NYSE: KGC).

"We are very pleased to have further expanded and infilled the large footprint of gold mineralization at the Ryan's Surprise. Mineralization remains open in all directions, with Hole 29 this year ranking amongst the best holes drilled to date at this target. We believe that the Ryan's Surprise target has the ability to meaningfully increase the size of our significant gold resources and look forward to conducting an initial resource estimate at this target which hosts high-grade and bulk tonnage mineralization. We also look forward to the results from the drilling on several other prospective targets on the Ryan's Trend to demonstrate additional gold mineralization along the trend and the potential for further expansion of our significant gold resources in this area," stated David D'Onofrio, CEO.

Maps accompanying this news release can be found at https://whitegoldcorp.ca/news/ .

Highlights:

Drilling at the Ryan's Surprise target has now encountered gold mineralization over an area measuring approximately 450m E-W by 450m N-S, and to a vertical depth of 450m and remains open in all directions
All 2022 diamond holes at Ryan's Surprise intersected gold mineralization with significant results including:
- WHTRS22D029: a lower zone of 5.34 g/t Au over 10.85m from 266.50m depth, including 37.70 g/t Au over 0.85m, and multiple upper zones including 1.26 g/t Au over 11.15m from 99.85m depth and 2.74 g/t Au over 4.50m from 75m depth (Figures 3 & 4).
- WHTRS22D032: Multiple zones including 4.47 g/t Au over 1.40m from 95.3m depth, 0.58 g/t Au over 17.5m from 179m depth, 8.03 g/t Au over 0.55m from 219.65m depth and 0.69 g/t Au over 14.35m from 315.25m depth, including 2.88 g/t Au over 1.80m.
2022 drilling at Ryan's Surprise followed up on drilling between 2018 and 2021 that identified significant zones of gold mineralization, with highlights including 20.64g/t Au over 6.10m in WHTRYN18RC0001, 2.10 g/t Au over 31.78m in WHTRS19D012, 8.69 g/t Au over 12.30m in WHTRS20D018, and 17.40 g/t Au over 3.47m in WHTRS20D013.
WHTRS22D029 extended mineralization by 50m along strike to the southeast, which continues to remain open.
Three-dimensional geological modeling of the mineralization for Ryan's Surprise (Figure 5) is currently being updated in advance of an initial mineral resource estimate to be carried out in 2023.
Additional exploration on the property in 2022 included diamond drilling at Ulli's Ridge, the gap area between Ulli's Ridge and Ryan's Surprise, and a focused prospecting program on other targets along the 6.5km long Ryan's Trend, including follow-up rotary air blast (RAB) drilling. Results from this part of the program will be announced in due course as results are received and interpreted.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/4b2a9ef6-32eb-4417-bff0-3ea97e3ef2d0

https://www.globenewswire.com/NewsRoom/AttachmentNg/6f675858-4c1f-4e8f-b104-a34142930696

https://www.globenewswire.com/NewsRoom/AttachmentNg/77302b6f-3691-4be5-8f43-c66d5d5620b5

https://www.globenewswire.com/NewsRoom/AttachmentNg/6cdcf243-ae98-42db-a71c-9b321ea3506c

https://www.globenewswire.com/NewsRoom/AttachmentNg/dcc9172b-c17e-4910-9fc0-138e3f7c762c

2022 Exploration Program

The 2022 diamond drilling program at Ryan's Surprise and Ulli's Ridge comprised 9 holes totalling 2,685m which further tested 3 separate target areas with the follow objectives:

	1)	Drilling at Ryan's Surprise to provide sufficient drill spacing to conduct an initial mineral resource estimate;
	2)	The gap area between the Ryan's Surprise and Ulli's Ridge targets to identify the possible continuation of mineralization at the Ryan's Surprise to the south and if Ryan's Surprise and Ulli's Ridge may form part of the same mineralized zone; and
	3)	The area around the newly discovered high-grade gold zone at Ulli's Ridge, where hole WHTULR21D004 intersected 6.94 g/t Au over 19.5m as well as an untested area of the soil anomaly 300m northwest of the high-grade discovery.

Results from the Gap and Ulli's Ridge areas are pending and will be announced in due course as results are received and interpreted.

Ryan's Surprise Target

Gold mineralization was initially discovered at Ryan's Surprise by Kinross in 2011 with diamond drill hole WGRS11D0003 returning 6.34 g/t Au over 6.56 m and 3.88 g/t Au over 3.00m. Subsequent drilling by the Company since 2018 has continued to encounter significant gold mineralization in multiple zones which remain open along strike and down-dip with grades up to 20.64 g/t over 6.10m (see Company News Release dated Sep. 6, 2018). In 2019, maiden diamond drilling at Ryan's Surprise intersected 2.10 g/t Au over 31.78m in WHTRS19D012 (see Company News Release dated Sep. 25, 2019) and diamond drilling in 2020 returned several high-grade gold intercepts including 17.40 g/t Au over 3.47m in hole WHTRS20D013, 10.96 g/t Au over 3.76m in hole WHTRS20D017, and 8.69 g/t Au over 12.30m in hole WHTRS20D018 (see Company News Release dated Oct. 14, 2020). In 2021, diamond drilling further expanded gold mineralization and returned gold intercepts including 10.36 g/t Au over 3.25m in WHTRS21D026, 1.66 g/t Au over 25.50m in WHTRSD020 and 1.88 g/t Au over 15.00m in WHTRS21D019 (see Company News Release dated Nov. 8, 2021).

The geology of the Ryan's Surprise area consists of two primary lithological packages, an upper hanging wall mafic to ultramafic package comprising amphibolite and pyroxenite, and an underlying metasedimentary sequence of metaquartzite, biotite-quartz-feldspar gneiss and minor biotite schist. The contact between the two packages strikes northwest, is relatively flat-lying, and appears to be a possible thrust fault. Ryan's Surprise is located along the broader 6.5km long north-northwest gold-arsenic geochemical trend ("Ryan's Trend"). Gold mineralization at the Ryan's Surprise target is hosted within a series of sub-parallel, en echelon style vein-filled fractures and structures which range in width between 10m, and dip steeply to the SSW. Located less than 1km away and within the Ryan's Trend, the Ulli's Ridge target may represent the continued extension of these vein sets observed at Ryan's Surprise. Additional extensional drilling in 2022 to test the continuity of the zone between the two targets was completed, and results of this drilling will be announced in due course.

Drilling at Ryan's Surprise Target

Four holes were drilled at the Ryan's Surprise target to provide sufficient drill spacing required to carry out an initial mineral resource estimate. The highlight of this drilling was hole WHTRS22D029 which intersected an upper zone grading 1.26 g/t Au over 11.15 m from 99.85 m downhole, and a lower main zone which returned 5.35 g/t Au over 10.85 m from 266.50 m downhole. Higher grade subintervals within this latter zone included 37.70 g/t Au over 0.85m and 21.30 g/t Au over 0.95m. These zones remain open to the east and down-dip and additional diamond drilling is recommended to further expand the mineralization. Hole WHTRS22D032 which was drilled in the central portion of Ryan's Surprise intersected broad zones of mineralization including 0.58 g/t Au over 17.50 m from 179.0m downhole and 0.69 g/t Au over 14.35 from 315.25m. Higher grade mineralization was also encountered, including 4.47 g/t over 1.40 m from 95.30 m and 8.03 g/t Au over 0.55m from 219.65m. The Company is currently updating the mineralization model for Ryan's Surprise in preparation for an initial mineral resource estimate which is expected to be completed in 2023.

Table 1. Summary of Significant 2022 Diamond Drilling Results at Ryan's Surprise Target, White Gold property.

Hole ID	From (m)	To (m)	Length (m)*	Au (g/t) **
WHTRS22D029	75.00	79.50	4.50	2.76
	99.85	111.00	11.15	1.26
incl.	99.85	102.70	2.85	2.68
and	107.25	110.00	2.75	2.06
	175.95	176.45	0.50	7.76
	204.35	204.85	0.50	4.83
	266.50	277.35	10.85	5.34
incl.	266.50	267.35	0.85	37.70
and	271.20	272.15	0.95	21.30
WHTRS22D030	157.05	162.00	4.95	1.02
WHTRS22D031	69.50	71.00	1.50	0.97
	238.00	238.85	0.85	1.76
WHTRS22D032	95.30	96.70	1.40	4.47
	151.75	153.25	1.50	1.91
	179.00	196.50	17.50	0.58
	213.90	216.20	2.30	1.78
	219.65	220.20	0.55	8.03
	315.25	329.60	14.35	0.69
incl.	315.25	317.05	1.80	2.88

* All drill hole intercepts reported herein are core lengths. Currently there is insufficient data to estimate true thicknesses.
** Gold assays are uncapped.

Table 2. Collar details for 2022 Diamond Drill Holes at the Ryan's Surprise and Ulli's Ridge targets.

Hole ID	Collar Location (UTM NAD83, Zone 7)			Dip	Azimuth	Length
	Easting (m)	Northing (m)	Elevation (m)	(deg)	(deg)	(m)
WHTRS22D029	574,323	7,004,413	741	-60	355	303.0
WHTRS22D030	574,212	7,004,557	756	-65	0	200.0
WHTRS22D031	574,039	7,004,533	742	-60	25	320.0
WHTRS22D032	574,091	7,004,371	681	-60	20	411.0
TOTAL						1,234.0

QA/QC
Analytical work for the 2022 diamond drilling program was performed by Bureau Veritas, an internationally recognized analytical services provider, at its North Vancouver, British Columbia laboratory. Sample preparation was carried out at its Whitehorse, Yukon facility. All diamond drill core samples were prepared using the PRP70-250 package, where samples were weighed, dried, and crushed to greater than 70% passing a 2mm sieve, then pulverized to greater than 85% passing 75 microns). Core were then analyzed in accordance with BV's FA430 and MA250 packages, for both gold analysis by fire assay (30g fire assay with AAS finish) and ultra-trace multi-element ICP analysis (0.25 g, 4 acid digestion and ICP-MS analysis).

The reported diamond drilling sampling program work was completed using industry standard procedures, including a quality assurance/quality control ("QA/QC") program consisting of the insertion of standards and blank samples into the sample stream. BV also runs a comprehensive QA/QC program of standards, duplicates, and blanks within each sample stream.

About White Gold Corp.
The Company owns a portfolio of 17,584 quartz claims across 30 properties covering approximately 350,000 hectares representing over 40% of the Yukon's emerging White Gold District. The Company's flagship White Gold property hosts the Company's Golden Saddle and Arc deposits which have a mineral resource of 1,139,900 ounces Indicated at 2.28 g/t Au and 402,100 ounces Inferred at 1.39 g/t Au ⁽¹⁾ . Mineralization on the Golden Saddle and Arc is also known to extend beyond the limits of the current resource estimate. The Company's recently acquired VG Deposit also hosts an Inferred gold resource of 267,600 ounces at 1.62 g/t Au ⁽²⁾ . Regional exploration work has also produced several other new discoveries and prospective targets on the Company's claim packages which border sizable gold discoveries including the Coffee project owned by Newmont Corporation with Measured and Indicated Resources of 2.17 Moz at 1.46 g/t Au, and Inferred Resources of 0.50 Moz at 1.32 g/t Au ⁽³⁾ , and Western Copper and Gold Corporation's Casino project which has Measured and Indicated Resources of 14.8 Moz Au and 7.6 Blb Cu and Inferred Resources of 6.3 Moz Au and 3.1 Blb Cu ⁽⁴⁾ . For more information visit www.whitegoldcorp.ca.

(1) See White Gold Corp. technical report titled "Technical Report for the White Gold Project, Dawson Range, Yukon Canada", Effective Date May 15, 2020, Report Date July 10, 2020, prepared by Dr. Gilles Arseneau, P.Geo., and Andrew Hamilton, P.Geo., available on SEDAR.
(2) See White Gold Corp. technical report titled "Technical Report for the QV Project, Yukon, Canada", Effective Date October 15, 2021, Report Date November 15, 2021, available on SEDAR.
(3) See Newmont Corporation news release titled "Newmont Reports 2021 Mineral Reserves of 93 Million Gold Ounces and 65 Million Gold Equivalent Ounces", dated February 24, 2022: https://www.newmont.com/investors/news-release/default.aspx .
(4) See Western Copper and Gold Corporation technical report titled "Casino project, Form 43-101F1 Technical Report Feasibility Study, Yukon Canada", Effective Date June 13, 2022, Issue Date August 8, 2022, prepared by Daniel Roth, PE, P.Eng., Mike Hester, F Aus IMM, John M. Marek, P.E., Laurie M. Tahija, MMSA-QP, Carl Schulze, P.Geo., Daniel Friedman, P.Eng., Scott Weston, P.Geo., available on SEDAR.

Qualified Person
Terry Brace, P.Geo. and Vice President of Exploration for the Company is a "qualified person" as defined under National Instrument 43-101 – Standards of Disclosure of Mineral Projects and has reviewed and approved the content of this news release.

Cautionary Note Regarding Forward Looking Information
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "proposed", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, the Company's objectives, goals and exploration activities conducted and proposed to be conducted at the Company's properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company's properties will be successful; exploration results; and future exploration plans and costs and financing availability.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the White Gold properties; the receipt of all applicable regulatory approvals for the Offering; failure to identify any additional mineral resources or significant mineralization; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company's properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; ongoing uncertainties relating to the COVID-19 pandemic; and those factors described under the heading "Risks Factors" in the Company's annual information form dated July 29, 2020 available on SEDAR. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

For Further Information, Please Contact:

Contact Information:
David D'Onofrio
Chief Executive Officer
White Gold Corp.
(647) 930-1880
ir@whitegoldcorp.ca

To Book a Meeting with Management: https://whitegoldcorp.ca/contact/request-information/

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White Gold TSXV:WGO Precious Metals Investing

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White Gold Corp. to Present at Metals & Mining Virtual Investor Conference May 1st

White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W), is pleased to announce that David D'Onofrio, Chief Executive Officer, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on Wednesday May 1 st at 2:30pm EST. White Gold Corp. is a gold exploration company focused in Yukon, Canada, owning a district-scale 350,000 hectare land package, representing over 40% of the emerging White Gold District in Yukon, Canada. The Company's flagship White Gold Project contains an estimated 1,152,900 ounces of gold in Indicated Resources and 942,400 ounces of gold in Inferred Resources (1) and is complimented by a robust project pipeline of new discoveries and early stage projects.

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Grande Portage Announces Non-Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption

Not for distribution to United States newswire services or for dissemination in the United States.

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Lode Gold Submits Application for Exchange Approval to Form Spin Co, Gold Orogen - a Yukon & New Brunswick Exploration Company

Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce that it has submitted application to the TSX Venture exchange for approval of the Spin-out of Gold Orogen, as described on its August 27, 2024 and October 22, 2024 news release. The details regarding the Lode Gold shareholder's meeting that is expected to be held in early December 2024 will follow with an information circular to be filed by early November 2024. Lode Gold will seek the approval from shareholders on the Plan of Arrangement, and upon Exchange approval, set the Record Date for distribution of the shares of the new company to shareholders of Lode Gold.

The Company also announces that pursuant to a director resolution passed on July 26, 2024, and a special resolution passed by shareholders of the Company on July 6, 2023, the Company has consolidated its capital on a ten for one (10:1) basis. Post-consolidation, the Company's capitalization composes of unlimited common shares with no par value, of which 38,032,970 shares are issued and outstanding.

Effective at the opening, Tuesday October 29, 2024, the common shares of Lode Gold Resources Inc. will commence trading on the TSX Venture Exchange on a consolidated basis. The Company is classified as a mining company.

Name of Company: No change.
Escrow shares: None
Transfer agent: Odyssey Trust Company.
Trading symbol: LOD (unchanged)
CUSIP number: 540196 20 1 (new)

"The Company has been contemplating share consolidation for sometime. With significant milestones achieved in the last 12 months and more upcoming catalysts, it makes strategic sense now to execute the consolidation. A key catalyst upcoming in a few months is share distribution of Gold Orogen to shareholders of Lode Gold, a significant step in unlocking value.

With a tight capital structure we can more effectively attract new investors. Of note, four shareholders hold over 60% shares of 38 million post-consolidated shares." states Wendy T. Chan, CEO and Director of Lode Gold.

About Lode Gold

Lode Gold (TSXV: LOD) is an exploration and development company with projects in highly prospective and safe mining jurisdictions in Canada and the United States.

Its Golden Culvert and WIN Projects in Yukon, covering 99.5 km² across a 27-km strike length, are situated in a district-scale, high-grade-gold-mineralized trend within the southern portion of the Tombstone Gold Belt. Gold deposits and occurrences within the Belt include Fort Knox, Pogo, Brewery Creek and Dublin Gulch, and Snowline Gold. A NI 43-101 technical report entitled "Technical Report on the WIN-Golden Culvert Property for Lode Gold" with an effective date of May 15, 2024, summarizing the work to date on these properties is available on the Company's profile on SEDAR+ (www.sedarplus.ca) and on the Company's website (www.lode-gold.com).

In New Brunswick, Lode Gold has created one of the largest land packages with a 42km strike within 420km². Its McIntyre Brook Project, New Brunswick, covering 111 km² and a 17-km strike length in the emerging Appalachian/Iapetus Gold Belt, is surrounded by Puma Exploration's Williams Brook Project (5.55 g/t Au over 50m)¹ and is hosted by orogenic rocks of similar age and structure as New Found Gold's Queensway Project. The Fancamp's Riley Brook is a 309 km² package covering a 25 km strike of Wapske formation with its numerous felsic units. Previous exploration efforts have focused on just VMS-style mineralization hosted in the felsic intrusions, and mostly focused on the base metals - the Company is the first to focus on and assay for gold. This transaction will close upon Exchange's acceptance.

The Company is also advancing its Fremont Gold development project in the historic Mother Lode Gold Belt of California where 50,000,000 oz of gold has been produced. Fremont, located 500km north of Equinox Gold's Castle Mountain and Mesquite mines, has a Preliminary Economic Assessment(" PEA") with an after-tax NPV (5%) of USD $217M, a 21% IRR, 11-year LOM, averaging 118,000 Oz per annum at USD $1,750 gold. A sensitivity to the March 31, 2023, PEA at USD $2,000/oz gold gives an after-tax NPV (5%) of USD $370M and a 31% IRR over an 11-year LOM. The project hosts an NI 43-101 resource of 1.16 MOz at 1.90 g/t Au within 19.0 MT Indicated and 2.02 MOz at 2.22 g/t Au within 28.3 MT Inferred. The MRE evaluates only 1.4 km of the 4 km strike length of the Fremont property which features five gold-mineralized zones. Significantly, three step-out holes at depth hit the mineralized structure, typical of orogenic deposits that often occur at depth. Fremont is located on 3,351 acres of 100% owned private land in Mariposa, the original Gold Rush County, and is 1.5 hours from Fresno, California. The property has year-round road access and is close to airports and rail.

Please refer to the Fremont Gold project NI 43-101 PEA technical report dated March 31, 2023, which is available on the Company's profile on SEDAR+ (www.sedarplus.ca) and on the Company's website (www.lode-gold.com). The PEA technical report has been reviewed and approved by independent "Qualified Persons" Eugene Puritch, P.Eng., FEC, CET, and Andrew Bradfield, P.Eng. both of P&E, and Travis Manning, P.E. of KCA.

QUALIFIED PERSON STATEMENT

The scientific and technical information contained in this press release has been reviewed and approved by Jonathan Victor Hill, Director, BSc (Hons) (Economic Geology - UCT), FAusIMM, and who is a "qualified person" as defined by NI-43-101.

ON BEHALF OF THE COMPANY

Wendy T. Chan, CEO & Director

Information Contact

Winfield Ding
CFO
info@lode-gold.com
+1-416-320-4388

Kevin Shum
Investor Relations
kevin@lode-gold.com
+1 (647) 725-3888 ext. 702

Cautionary Note Related to this News Release and Figures

This news release contains information about adjacent properties on which the Company has no right to explore or mine. Readers are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the Company's properties.

Cautionary Statement Regarding Forward-Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All statements, trend analysis and other information contained in this press release about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding the anticipated use of proceeds from the Special Warrant financing, additional proceeds from the exercise of the warrants underlying the Special Warrants, and the receipt of final acceptance from the TSX Venture Exchange with respect to the transactions, are forward-looking statements. Although Lode Gold believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Lode Gold can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in Lode Gold's periodic filings with Canadian securities regulators, and assumptions made with regard to: the ability of Lode Gold to obtain final acceptance from the TSX Venture Exchange with respect to the transactions; that the Company will be able to use the proceeds of the Special Warrant financing as anticipated; and the ability of the Company to continue with its stated business objectives and its ability to obtain required approvals and raise additional capital to proceed. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Important factors that could cause actual results to differ materially from expectations include risks associated with the business of Lode Gold and Fancamp; risks related to the Company's ability to obtain final acceptance from the TSX Venture Exchange with respect to the transactions; the risk that the use of proceeds from the Special Warrant financing may differ from management's expectations; and other risk factors as detailed from time to time and additional risks identified in the Companies' filings with Canadian securities regulators on SEDAR+ in Canada (available at www.sedarplus.ca). Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.