Lode Gold Submit Documents to Discharge Senior Secured Debt and Advances Fremont Gold Mine into Next Phase of Growth
Newsfile Corp
公開日時: Sep 23, 2026, 03:12 AM GMT+9
Sentiment Analysis
Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: LODFF) has submitted all necessary discharge documents to release the Company from its senior secured debt obligations. Upon release, the Fremont Gold Mine will be free of encumbrance, and Lode Gold and its subsidiaries will have no outstanding loan obligations. With the discharge documents signed and submitted, the Fremont Gold Mine will be released from security, allowing Lode Gold to focus fully on advancing the Fremont Gold Mine through its next phase of technical development, resource expansion, and corporate growth. Over the next six months, the Company plans to develop a preliminary mine plan for the Fremont Gold Mine, with the objective of establishing the technical foundation for environmental studies and permitting work. The completion of the loan repayment marks an important milestone for Lode Gold, allowing the Company to focus its financial and technical resources on advancing its flagship Fremont Gold Mine. With no outstanding loan obligations, the Company is now pursuing technical studies to evaluate optimized mine plans and advance Fremont toward its next stage of development. 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 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. Average true widths at 1 g/t cut off is 53m. MRE 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 designated as OZ, Trump Administration Opportunity Zone (Special Tax Incentives). Dingman Property is an orogenic deposit in Ontario, Canada with over 22,000 m drilled, with a 2013 PEA, MRE : 376,000 oz at 0.94 g/t within 12.5 Mt measured and indicated and 47,000 oz at 0.71 g/t within 2.1 Mt Inferred. The technical information contained in this press release was reviewed and approved by Gary Wong , P.Eng., Vice President of Exploration of Lode Gold, designated as a qualified person under National Instrument 43-101.
Source: Newsfile Corp
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