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Lode Gold Provides Year End Review - Upcoming Milestones and Key Catalysts on Fremont Gold Mine
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2025) - Lode Gold Resources Inc (TSXV...
About this update from Lode Gold Resources Inc
[{"type":"text","content":"Lode Gold Provides Year End Review - Upcoming Milestones and Key Catalysts on Fremont Gold MineVancouver, British Columbia--(Newsfile Corp. - December 3, 2025) - Lode Gold Resources Inc (TSXV: LOD) (\"Lode Gold\" or the \"Company\") is pleased to provide its year-end review and to highlight the major milestones achieved during 2025, as well as the key catalysts expected for 2026 at its flagship Fremont Gold Project (\"Fremont\"), located in Mariposa, California, along the prolific 190 km Mother Lode Gold Belt.Fremont is a historic high-grade past-producing mine that averaged 10.7 g/t Au prior to its suspension in 1942 under War Production Order L-208. Today, the project represents one of the most continuous and laterally extensive underground gold systems in the belt. Lode Gold controls 3,351 acres of patented land, with 100% ownership of surface and mineral rights with road access, power, water, rail proximity and an airport 1.5 hours away.With a price of gold at $3,000/oz, the 2023 PEA Discounted Cash Flow (DCF), provides an NPV of $USD 835M, 64.4% of IRR and over $USD 140M of free cash flow (Base case was at $1750/oz Au). 2023 PEA Sensitivity*Gold Price$1,750$2,000$2,500$3,000$3,500$4,000$4,500$5,000NPV DCF 5%, Post-Tax, USD M217.1370.2676.2982.31,288.41,594.51,900.52,206.6NPV DCF 7%, Post-Tax, USD M168.8302.2568.9835.61,102.31,369.01,635.71,902.4NPV DCF 10%, Post-Tax, USD M112.4221.9441.1660.3879.41,098.61,317.71,536.9IRR21.4%31.1%48.5%64.4%79.2%93.3%106.8%119.9%Payback Period4.203.372.001.290.970.820.710.63Annual Free Cash Flow $M35.769.9106.8143.8180.7217.7254.6291.5Total Free Cash Flow $M422.7827.01,281.91,725.22,168.52,611.83,055.23,498.5 * Company's recalculation using P&E's DCF Model provided.Key Milestones achieved in last 18 months and upcoming catalysts include:Geological Model Completed: The Company completed a comprehensive geological and structural model of the Pine Tree-Josephine system, confirming broad true widths of 53 m (1 g/t), 34.5 m (2 g/t), and 16.8 m (3 g/t).2025 Mineral Resource Estimate (MRE)Cut-off (g/t)True Width (m)Tonnage (Mt)Grade (g/t Au)Contained Gold (Moz)1 g/t5335.932.733.162 g/t34.520.863.492.343 g/t16.89.444.421.344 g/t83.035.670.55 Internal Scoping Study (ISS 2025) Completed: The study optimizes Fremont as a 100% underground bulk mining operation, evaluating scale-up from 4,0...