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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]