Lode Gold Welcomes Mariposa County's Focus on Mining as First Sector in Economic Development Initiative

Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: LODFF) ("Lode Gold" or the "Company") welcomes Mariposa County's decision to identify mining as the first sector to be addressed through its economic development initiative. Mining has been part of Mariposa County's history and economy since the Gold Rush, and the County is now developing a Mining Strategic Plan intended to identify opportunities and challenges and establish a coordinated framework for future mining-related economic development. The broader initiative is focused on strengthening and diversifying the local economy, supporting year-round employment, local businesses, investment and a stronger economic base. The County plans to have a policy that encourages investment, facilitates permitting, and attract workers. "It is very encouraging to see Mariposa County recognize mining as an important component of its economic future. Fremont is a historical gold mine, in one of the most prolific gold districts, that is instrumental in 1849 California Gold Rush, bringing many Europeans to California. Fremont is an important part of the history that built America. We believe the County's renewed focus on responsible mining creates an increasingly constructive environment in which to advance this gold project. Our objective is to bring Fremont back toward production using modern mining and environmental standards while creating long-term economic opportunities for the local community," said Wendy T. Chan, CEO and Director of Lode Gold. Lode Gold is currently advancing the Fremont Project through exploration, resource definition and mine development studies, with the objective of rapidly advancing toward a Pre-Feasibility Study ("PFS") and subsequently a Feasibility Study ("FS"). The Company's development strategy is focused on evaluating a modern bulk underground mining operation supported by the extensive historical exploration and mining database at Fremont. The Company believes that the combination of established infrastructure, a substantial historical database and a significant mineral resource provide an opportunity to advance the Project on an accelerated timeline. The Company also believes that the advancement of multiple responsible mining projects could create broader economic opportunities for Mariposa County. In addition to Fremont, Blue Moon Metals is advancing its Blue Moon Project in Mariposa County, while Mariposa Gold Mines Inc. is focused on the Mount Ophir & Princeton Mines, also in the County. While each project is independently owned and developed, the presence of multiple active mining projects has the potential to support a stronger local mining ecosystem through skilled workforce development, specialized contractors and technical services, local suppliers, infrastructure and other elements of the mining supply chain. Lode Gold welcomes the opportunity to contribute to this emerging mining sector and to work cooperatively with Mariposa County, local businesses, communities and other industry participants as the County develops its Mining Strategic Plan. About Lode Gold Lode Gold has key assets in Canada and United States. Fremont Gold Mine Project (Fremont Gold Mining LLC) is a brownfield project in Mariposa, California with 43,000 m drilled, 10,000 underground channel samples, 14 adits and 2 shafts. Mining halted in 1942 due to the gold mining prohibition during WW II. It was mined at 10.7 g/t when price was gold was $35 per oz. PEA was completed ( link ) in 2023. The PEA was based on 1.16 Moz at 1.90 g/t Au within 19.0 Mt Indicated, and 2.02 MOz at 2.22 g/t Au within 28 Mt Inferred with a composite cut-off 1 . Average true widths at 1 g/t cut off is 53m. MRE ( link ) was updated in 2026; 89% of the ounces were left unmined if we compare historical production with our current Indicated Resource. Project sits on > 3,000 acres of 100% owned private and patented land which is designate...