Lode Gold Files NI 43-101 Technical Report for the Fremont Gold Mine On SEDAR+
Lode’s Fremont resource reaches 3.3 moz after lowering the cut-off grade, while the project remains in the pre-feasibility stage.
Lode Gold Resources Inc. (LOD) filed an updated NI 43-101 Technical Report for the Fremont Gold Mine on July 8, 2026. The Mineral Resource Estimate (MRE) now utilizes a base-case cut-off grade of 0.82 g/t Au, a significant reduction from the previous 3 g/t cut-off. This release is a direct follow-up to the May 14, 2026 announcement that introduced the lower cut-off strategy and the May 29, 2026 webinar discussing the 1 g/t cut-off MRE.
Updated resources total 3.32 moz contained gold, broken down as follows:
- Indicated category: 1.15 moz (19.9 Mt at 1.79 g/t Au)
- Inferred category: 2.17 moz (38.5 Mt at 1.73 g/t Au)
The new Indicated resource represents 89% of the ounces historically left unmined. Grams per meter (gm) values remain stable between 79 and 87 gm across cut-offs, indicating homogeneous mineralization and operational flexibility for bulk underground mining.
Lode Gold Resources Inc. (LOD) released an update that serves as a routine technical validation of its strategic shift to a lower cut-off grade, a move designed to capture more ounces at current gold prices and operational costs. The resulting resource increase is incremental and aligns precisely with management's previously stated expectations.
No new economic studies, financing, or partnership announcements accompany this release. While the technical validation supports the planned Preliminary Feasibility Study (PFS), it does not accelerate the timeline or de-risk the project beyond prior expectations. Consequently, market reaction is likely muted, as the lower cut-off strategy was already communicated and priced into the stock.
Lode Gold Resources Inc. is a junior exploration and development company focused on gold projects in North America. Its flagship asset is the Fremont Gold Mine in Mariposa County, California, a brownfield property covering 3,351 acres of 100% owned patented land. Historical production at the site reached 125,000 oz between 1859 and 1942.
The company is pivoting from open-pit concepts to a 100% underground bulk mining strategy, targeting a pilot plant in 2028 and commercial production by 2030. Other assets include the Dingman Gold Project in Ontario and exploration properties in Yukon and New Brunswick, held via spin-out Gold Orogen Resources.