Lode Gold reports 1.11 MOZ measured & indicated, 1.99 MOZ inferred at Fremont gold mine
LODE GOLD'S NEW MINERAL RESOURCE ESTIMATE: 1.11 MOZ OF GOLD - 18.8 MT AT 1.84 G/T AU (MEASURED & INDICATED) AND 1.99 MOZ OF GOLD (INFERRED) - 33.1 MT AT 1.86 G/T AU AT FREMONT GOLD MINE News provided by Lode Gold Resources Inc May 14, 2026, 13:25 ET Share this article Share to X Share this article Share to X VANCOUVER, BC, May 14, 2026 /PRNewswire/ - Lode Gold Resources Inc (TSXV: LOD) (OTCQB: LODFF ) (the "Company" or "Lode Gold") is pleased to announce the results of a new Mineral Resource Estimate ("MRE") for its 100% owned Fremont Gold Mine ("Fremont") in Mariposa County, California. Significant Growth in Resource Confidence Continue Reading Figure 1: Isometric view of the block model >1 ppm of Au (1-6 g/t Au) from the MRE based on: Pine Tree -Josephine, Queen Specimen, and Chicken Gulch (CNW Group/Lode Gold Resources Inc) Figure 2: Isometric view of the RPEEE’s stopes optimized with Deswik where resource was diluted incorporating preliminary mineability considerations (CNW Group/Lode Gold Resources Inc) Figure 3: Mineral expansion opportunities. Location of the seven known deposits (white) and the new nine targets generated with AI by VRIFY’s Dora tool (blue) (CNW Group/Lode Gold Resources Inc) Using stricter parameters for Reasonable Prospects for Eventual Expectations of Extractions ("RPEEE") including underground mine design, Fremont has further derisked the project by upgrading resources into the Measured & Indicated ("M&I") category.
This higher-confidence resource reflects the Company's approach to pivot to an optimized underground mining operation. In the previous 2025 MRE when the price of gold was USD $1,800/oz Au, a 3 g/t cutoff was used, resulting in 133,000 oz of M&I resource. At current gold prices, it is economically astute to use 1 g/t cutoff, resulting in a significant increase to 1.11 million oz gold (M&I).
At a 1 g/t Au cut-off, the updated MRE defines: 1.11 million oz of gold (Moz Au) - 18.7 Mt at a grade of 1.84 g/t Au (Indicated) 1.98 milli