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Lode Gold Resources Says It Identifies Structural Patterns at Fremont Gold Mine

Lode Gold Resources Says It Identifies Structural Patterns at Fremont Gold Mine

MT newswireMT newswire2026/11/03 16:30
12:30 PM EST, 11/03/2026 (MT Newswires) -- Lode Gold Resources (LOD.V) said on Tuesday that that it identified structural patterns controlling gold grade distribution at the Pine Tree-Josephine Mine within its Fremont Gold Mine in California. The interpretation is based on part of the historical Pine Tree underground level containing channel samples collected in 1941, and integrated with historical drilling results and Lode Gold's geological interpretation of the Pine Tree and Josephine vein systems. Results were included in the mineral resource estimate (MRE) earlier this year. The dataset suggests at least two higher-grade mineralization shoots, in predictable positions, along the Pine Tree vein, each 50 meters to 60 meters long and associated with grades of four grams-per-tonne to six grams-per-tonne gold, a statement said. "With the significant increase in the price of gold since the previous MRE, the cut-off grade has decreased to 0.82 g/t Au for economic extraction," said Board Chair Hashim Ahmed. Lode Gold shares were down CA$0.02 at CA$0.20 on the TSX Venture Exchange. Price: 0.20, Change: -0.02, Percent Change: -9.09
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