Lode Gold Completes Field Work to Identify RIRGS Drill Targets - WIN Tombstone Belt, Yukon Seven Prospective Targets Confirmed by VRIFY
Lode Gold Completes Field Work to Identify
RIRGS Drill Targets - WIN Tombstone Belt,
Yukon
Seven Prospective Targets Confirmed by VRIFY
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) -
Lode Gold Resources Inc (TSXV:
LOD) (OTCQB: LODFF)
(the "Company") is pleased to announce completion of its 2025 exploration
field work at the Golden Culvert and WIN projects in Yukon through its wholly owned subsidiary Gold
Orogen.
Gold Orogen (1475039 B.C. Ltd.) is an early-stage exploration play with quality assets in Yukon and New
Brunswick. Optionality exists as assets are diversified on two mineral belts that are known to have
prolific gold endowments.
Update on Lode Gold's Spin Out of Subsidiary Gold Orogen
As previously announced, Lode Gold is spinning out its interests in Gold Orogen through a reverse take
over ("RTO") of CSE-listed Great Republic Mining (CSE: GRM) ("RTO Event"). Upon closing, Gold
Orogen will be the resulting issuer and trade on the CSE under the symbol "OROG". The closing of the
RTO Event is currently anticipated at, or around, the end of the month (the "Effective Date"), subject to
obtaining final approval from the CSE which the Company is diligently working on. It is anticipated
trading in OROG shares would commence ~3-5 business days after the Effective Date. More information
will be announced concerning the Effective Date when it becomes available.
Registered shareholders of Lode Gold as of the day before the Effective Date, will be entitled to receive
shares of Gold Orogen, as detailed in the shareholder and court approved plan of arrangement. For
each common share of Lode Gold held by a Lode Gold shareholder the day before the Effective Date,
they will receive a distribution of 0.5739 shares of Gold Orogen. For clarity, Lode Gold shares obtained
through the exercise of warrants before the Effective Date will be entitled to a distribution of Gold Orogen
shares.
Golden Culvert and WIN Properties 2025 Field Work Program Update
The 2025 program followed a systematic, property-wide exploration approach that integrated previously
completed airborne geophysics with surface geochemistry and geological mapping to evaluate
mineralized trends across the approximately 27 km strike length of the property. Results from the field
program confirmed key geological and structural characteristics consistent with the Company's
exploration model and materially advanced the refinement and prioritization of targets across the
property.
Golden Culvert - WIN Exploration Highlights:
Seven highly prospective exploration targets identified by VRIFY with three new targets - Rubus,
Golden Dragon, and Camp
Over 600 rock samples collected, doubling the total number of samples collected on the property.
48 soil samples were collected over a trend of interest, adding to the over 5,800 historical
samples.
Applied the VRIFY AI platform to validate priority targets derived from earlier geophysical and
geological datasets and to identify additional areas of interest across the property, resulting in the
recognition of a newly identified target approximately 7 kilometers southeast of the main Golden
Culvert target.
Analysis of assays received to date is ongoing in order to classify each area of interest within the
broader property wide mineralizing system.
Bill Fisher, Director of Gold Orogen and Chair of the Technical Committee, commented: "Golden
Culvert-WIN continues to demonstrate the hallmarks of a large, fertile gold system. Our disciplined 2025
program combined rigorous data validation with modern targeting tools to generate new, compelling
exploration targets beyond the historically known zones. This work has materially strengthened our
project pipeline and provides a clear technical pathway for future exploration."
2024 QMAG
T
Survey
In 2024, Lode Gold completed a high-resolution airborne QMAG
T
by Dias, survey across the Golden
Culvert and WIN properties in the Yukon Tombstone Gold Belt, as previously reported (
see news
releases on
Oct.15
th
and
Nov 14
th
, 2024
). Integration of the QMAG
T
results with existing geological and
geochemical datasets led to the potential identification of multiple Reduced Intrusion-Related Gold
System (RIRGS) targets, including Stingray and Camp targets, providing a geophysical and geological
framework that directly informed the design and execution of the Company's systematic 2025
exploration program.
2025 Winter/Spring Verification Stage - Axiom and VRIFY Engagements
During the winter and spring of 2025, Lode Gold Resources Inc. engaged Axiom Exploration to
complete a comprehensive compilation, validation, and consolidation of all available historical
exploration data across the Golden Culvert and WIN projects (see News Release Feb.26
th
, 2025). This
work integrated the Company's historical geological, geochemical, and geophysical datasets with
publicly available regional data and results from the 2024 airborne geophysical survey. As part of this
process, Lode Gold also utilized the VRIFY AI platform to analyze the updated and unified dataset, which
served to reinforce previously identified priority targets and generate additional prospective target areas
across the property (Figure 1). The outcomes of this verification and targeting stage directly informed a
focused and efficient strategy for the 2025 summer field program.
Priority field targets include:
Border
Steelhead
Stingray/Spine area
Rubus
Golden Culvert and surrounding ground
At the new area Stingray/Spine, the intrusion is close by and sheeted quartz veins have been observed
and sampled. (see Figure 2 and 3)
Figure 1
VRIFY-derived prospectivity map for the Golden Culvert and WIN properties showing areas
of highest prospectivity. Several discrete, high-priority target areas are highlighted (blue outlines).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4064/281648_9cf1c40c94a59b64_005full.jpg
Figure 2 Stingray/Spine area overview - Reduced Intrusion targets and stacked quartz veins on top .
Magnetic anomaly survey on top left confirms this.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4064/281648_9cf1c40c94a59b64_006full.jpg
Figure 3 (Left) Stingray rock pb and geophysics. (Right) Stingray-Spine Au
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4064/281648_lodegold.jpg
2025 Field Program
The 2025 exploration field program at the Golden Culvert and WIN projects was designed to ground-truth
and advance targets identified through the winter and spring verification and targeting stage. Building on
the consolidated geological, geochemical, and geophysical framework developed earlier in the year,
Lode Gold completed a focused, helicopter-supported field program during the 2025 summer season
aimed at validating priority targets and identifying additional prospective areas across the property.
Field activities included systematic geological mapping, prospecting, and surface sampling across
multiple target areas distributed along the approximately 27 km strike length of the property. A total of
more than 600 rock samples and 48 soil samples were collected, expanding and infilling the existing
historical dataset and providing new geochemical constraints on mineralization styles and target
continuity. Field observations confirmed the presence of hornfelsed host rocks and sheeted quartz
veining within several priority areas, consistent with both intrusion-related gold system (RIRGS) and
orogenic gold mineralization models previously recognized on the property (Figure 3).
Assay/field results from the 2025 field program have been received and are currently undergoing
validation and detailed interpretation, including additional analytical work to better characterize subtle
trace-element signatures. The work to date has materially advanced the Company's understanding of
mineralized trends across the property and continues to strengthen the technical foundation for future
exploration planning.
As a result of the 2025 field program, the Company believes that Camp is a viable target as part of the
sedimentary hosted orogenic mineralization.
Moving Forward - 2026
In 2026, Lode Gold plans to continue advancing the Golden Culvert and WIN projects through the
systematic review and integration of newly received assay results, field observations, and validated
datasets. These data will be incorporated into updated AI-assisted analyses using the VRIFY platform to
reassess prior interpretations, identify any newly emerging patterns, and further refine target rankings. In
parallel, the Company will undertake additional technical reviews to independently verify AI-generated
outputs and ensure consistency and quality across all interpretations.
The results of this work are expected to inform and finalize the 2026 exploration program, including a
focused summer field campaign and the advancement of defined drill targets toward testing. Subject to
permitting and financing, the 2026 program is expected to include drill testing of both historical targets
and newly identified priority areas
Qualified Person
The technical information contained in this press release was reviewed and approved by Gary Wong,
P.Eng., Vice President Exploration of Lode Gold Resources Inc., designated as a Qualified Person
under National Instrument 43-101.
ABOUT LODE GOLD
Lode Gold has key assets in Canada and United States.
Fremont Gold Project (Fremont Gold Mining LLC)
is a brownfield project in Mariposa, California
with 43,000 m drilled, 8,000 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 1M oz (M&I) and 2M (Inferred).
MRE (
link
) was
updated in 2025; 92% of the ounces were left unmined. Average true widths at 1g/t cut off is 53m.
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).
Gold Orogen (1475039 B.C. Ltd)
is an early-stage exploration pure play with quality assets in the
Yukon and New Brunswick, Canada. Optionality exists as assets are diversified on two mineral belts that
are known to have prolific gold endowment.
A 19.9% strategic partner was brought in and a joint venture was formed to create one of the largest land
packages in New Brunswick with mineral rights spanning 445km
2
.
The New Brunswick assets, McIntyre Brook and Riley Brook
sit on a highly prospective belt that
has seen many exciting discoveries including Dalradian, New Found Gold and Calibre Mining. Kinross-
Puma surrounds McIntyre Brook.
In the Yukon, Golden Culvert/WIN
sits on the southern end of the Tombstone Belt which in recent
years has seen extensive exploration success. It has Reduced Intrusion (RIRGS) targets and
sedimentary hosted orogenic mineralization. Over 4,500 m has been drilled with 50 gram meter
intercepts.
The completion of Gold Orogen's spin out into a public company via an RTO is imminent, presenting a
unique and compelling opportunity to unlock shareholder value as two standalone public companies with
clear trajectory for growth will be created.
Dingman Property
is an orogenic deposit in Ontario, Canada with over 22,000 m drilled, with a 2013
PEA, MRE (
link to report
) : 376,000 oz (M&I) and 47,000 oz (Inferred).
ON BEHALF OF THE COMPANY
Wendy T. Chan
CEO & Director
Information Contact:
Wendy Chan
CEO
+1-(604)-977-GOLD (4653)
Kevin Shum
Investor Relations
+1 (604) -977-GOLD (4653)
Cautionary Statement Regarding Forward-Looking Information
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This news release includes "forward-looking statements" and "forward-looking information" within the
meaning of Canadian securities legislation. All statements included in this news release, other than
statements of historical fact, are forward-looking statements including, without limitation, statements with
respect to the use of proceeds, advancement and completion of resource calculation, feasibility studies,
and exploration plans and targets. Forward-looking statements include predictions, projections and
forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe",
"plan", "estimate", "expect", "potential", "target", "budget" and "intend" and statements that an event or
result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and
includes the negatives thereof.
Forward-looking statements are based on a number of assumptions and estimates that, while
considered reasonable by management based on the business and markets in which the Company
operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks
and contingencies. These include assumptions regarding, among other things: the status of community
relations and the security situation on site; general business and economic conditions; the availability of
additional exploration and mineral project financing; the supply and demand for, inventories of, and the
level and volatility of the prices of metals; relationships with strategic partners; the timing and receipt of
governmental permits and approvals; the timing and receipt of community and landowner approvals;
changes in regulations; political factors; the accuracy of the Company's interpretation of drill results; the
geology, grade and continuity of the Company's mineral deposits; the availability of equipment, skilled
labour and services needed for the exploration and development of mineral properties; and currency
fluctuations.
There can be no assurance that forward-looking statements will prove to be accurate and actual results,
and future events could differ materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from the Company's expectations include a deterioration of
security on site or actions by the local community that inhibits access and/or the ability to productively
work on site, actual exploration results, interpretation of metallurgical characteristics of the
mineralization, changes in project parameters as plans continue to be refined, future metal prices,
availability of capital and financing on acceptable terms, general economic, market or business
conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals,
business disruptions, and other exploration or other risks detailed herein and from time to time in the
filings made by the Company with securities regulators, including those described under the heading
"Risks and Uncertainties" in the Company's most recently filed MD&A. The Company does not
undertake to update or revise any forward-looking statements, except in accordance with applicable law.
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