Business
Lode Gold Initiates New Mineral Resource Block Model for the Fremont Gold Mine, California
(TheNewswire)    February 1 8 , 2026 – TheNewswire - Lode Gold Resources In...
About this update from Lode Gold Resources Inc
[{"type":"text","content":"Lode Gold Initiates New Mineral Resource Block Model for the Fremont Gold Mine, California\n(TheNewswire)\n\n  \n\n\nFebruary 18, 2026 – TheNewswire\n- Lode Gold Resources Inc (TSX.V: LOD) (the “Company” or\n“Lode Gold”) is pleased to announce the initiation\nof a new Mineral Resource\nEstimation (“MRE”) block model for its\nflagship Fremont Gold\nProject in Mariposa, California, utilizing a\nnew block model with over\n7,000 historical underground channel samples recovered from\noriginal mine level maps and plans. These samples were previously\nunavailable in digital format and significantly expand the data\ndensity within the historically mined areas of the deposit.\n\n\nThe updated block model will re-interpret the Fremont deposit as a\ncontinuous mineralized body,\nrather than discrete vein-only domains, and will evaluate the resource\nusing a lower cut-off grade,\nsupported by updated underground mining cost assumptions provided by\nlocal contractors. This approach reflects the Company’s strategic\nfocus on bulk underground\nmining as outlined in recent technical and economic studies.\n\n\nThe inclusion of this additional dataset is expected to enhance\ngeological continuity, improve grade distribution confidence, and\nsupport the evaluation of wider mining widths consistent with a bulk\nunderground mining scenario.\n\n\nJonathan Hill, Director and Chair of the Technical Committee of Lode\nGold, commented:\n\n\n“This new block model represents\nan important evolution in how we interpret the Fremont deposit. By\nmodelling the system as a continuous mineralized body and integrating\nthousands of newly digitized historical channel samples, we are\naligning the geological model with a bulk underground mining approach\nthat better reflects the scale, continuity and mining potential of the\nsystem.”\n\n\n\n\n \n\n\n\nNext Steps\n\n\nThe new Mineral Resource Estimation is currently underway and will be\ncompleted in accordance with NI\n43-101 standards. Further updates, including the results of the\nrevised resource estimate, will be provided once the work has been\nfinalized and reviewed by Qualified Persons.\n\n\nFremont Gold Mine (Fremont):\n\n\nFremont is an advanced exploration and early development brownfield\nproject that was previously mine...