Lode Gold Resources expands drilling program at Fremont Gold Mine, California
Lode Gold Resources Inc. [TSXV: LOD; OTCQB: LODFF] reported an expansion of its ongoing drill program at its 100%-owned flagship Fremont Gold Mine in Mariposa County, California. The expanded program will be executed via an amendment to the company’s previously approved Authorized Use Permit (Drill Permit), streamlining operational timelines and regulatory approvals.
The expanded drilling scope incorporates four newly added drill pads—PT-J 011, PT-J 012, HGD-002, and HGD-003—designed to advance key engineering, metallurgical, and hydrogeological objectives while simultaneously stepping out to explore untested zones across the property.
Key technical objectives of the expanded program – Enhanced Metallurgical Representativeness (Pads PT-J 011 & PT-J 012): Two dedicated metallurgical core holes will be drilled to collect high-quality PQ-diameter core samples. This work will optimize recovery mapping and refine geometallurgical domain modeling for future feasibility-level engineering studies.
In-Situ hydrogeological & permeability testing (Pads HGD-002 & HGD-003): Two vertical hydrogeological drill holes will undergo in-situ permeability testing and hydrological monitoring to establish baseline hydrogeological parameters required for mine planning.
Targeting step-out exploration in untested zones: In addition to gathering critical hydrological data, pads HGD-002 and HGD-003 are strategically positioned to test subsurface targets in areas currently lacking historical drilling data, providing potential upside for resource expansion.
“By advancing these additional targets through an amendment to our existing Drill Permit, we are efficiently maximizing the value and technical rigor of our Fremont drill program without regulatory friction,” said Wendy T. Chan, CEO and Director of Lode Gold. “The inclusion of metallurgical pads PT-J 011 and PT-J 012, combined with vertical hydrogeological pads HGD-002 and HGD-003, ensures we collect essential engineering and permeability data while concurrently testing unexplored zones that offer potential resource upside.”
Lode Gold has key assets in Canada and United States: The Fremont Gold Mine Project (Fremont Gold Mining LLC) is a brownfield project in Mariposa, California with 43,000 metres drilled, 10,000 underground channel samples, 14 adits and two shafts.
Mining halted in 1942 due to the gold mining prohibition during WW II. It was mined at 10.7 g/t when price was gold was $35/oz. PEA was completed in 2023. The PEA was based on 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 Mt Inferred with a composite cut-off.
Average true widths at 1 g/t cut off is 53 metres. The MRE was updated in 2026; 89% of the ounces were left unmined if we compare historical production with our current Indicated Resource. Project sits on > 3,000 acres of 100% owned private and patented land which is designated as OZ, Trump Administration Opportunity Zone (Special Tax Incentives).
Dingman Property is an orogenic deposit in Ontario, Canada with over 22,000 metres drilled, with a 2013 PEA, MRE: 376,000 oz at 0.94 g/t within 12.5 Mt measured and indicated and 47,000 oz at 0.71 g/t within 2.1 Mt Inferred.
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