Lode Gold Secures MSHA Property ID for Fremont Gold Mine; Advances Reactivation of Historic California Gold Operation
Lode Gold Secures MSHA Property ID for
Fremont Gold Mine; Advances Reactivation of
Historic California Gold Operation
Toronto, Ontario--(Newsfile Corp. - September 9, 2025) -
Lode Gold Resources Inc (TSXV: LOD)
(OTCQB: LODFF) ("LOD.V" and "Lode Gold") and its wholly owned subsidiary Fremont Gold
LLC ("Freemont")
, have successfully completed the transfer of the Mine Safety and Health
Administration ("MSHA") property MSHA individual identification number ("MIIN") for its wholly owned
Pine Tree Josephine Mine
.
This is a critical step toward reviving one of California's most historically significant gold operations.
Fremont is now in active discussions with prospective partners and investors to align the right technical,
operational, and financial resources to bring the Pine Tree Josephine Mine ("Freemont Mine") back into
production in a safe, sustainable, and profitable manner.
The transfer of the MIIN is a key regulatory milestone which ensures that the Company's ownership and
operational control of the Freemont Mine, a historically productive gold property with significant past
production, are fully recognized by MSHA, paving the way for the next stage of its development and
reactivation plans.
Upcoming catalysts for Lode at Fremont after this milestone are:
-
2025: channel sampling and drilling to upgrade resources to M&I (Measures and Indicated) based
on NI 43-101 standards
-
2026: completion of PFS (Pre-Feasibility Study) engineering and metallurgy studies
About Lode Gold
Lode Gold is an exploration and development company with projects in highly prospective and safe
mining jurisdictions in Canada and the United States.
In the United States, the Company is focused on its advanced exploration and development asset, the
Fremont Mine in Mariposa, California. It has a recent
2025 NI 43-101 report and compliant Mineral
Resource Estimate
("MRE") that can be accessed here
https://lode-gold.com/project/freemont-gold-
usa/
The Fremont Mine was previously mined until operations ceased due to mining prohibitions during WWII
when its mining license was suspended. Only 8% of the resource identified in the 2025 MRE has been
extracted. The Freemont Mine has exploration upside and mineralization is open at depth (three step-out
holes at 1,300 meters hit structure and were mineralized) and on strike. This is a brownfield project with
over 43,000 meters drilled, 23 kilometers of underground workings and 14 adits. The project has
excellent infrastructure and is close to electricity, water, roads, railhead and port.
Recently, the Company completed an internal scoping study, with a strategic pivot to 100% underground
mining. Previously, in March 2023, the Company completed an NI 43-101 Preliminary Economic
Assessment ("PEA") with an open pit and underground combination mine. The NI 43-101 technical
reports are available on the Company's profile on SEDAR+ (
www.sedarplus.ca
) and the Company's
website (
www.lode-gold.com
)
In Canada, its Golden Culvert and WIN projects in Yukon, covering 99.5 square kilometres across a 27-
kilometre strike length, are situated in a district-scale, high-grade gold mineralized trend within the
southern portion of the Tombstone gold belt. A total of four RIRGS targets have been confirmed on the
property. A National Instrument 43-101 technical report has been completed in May, 2024.
In New Brunswick, Lode Gold has created one of the largest land packages with its Acadian Gold JV
Co., consisting of an area that spans 445 square kilometres and a 44-kilometre strike. McIntyre Brook
covers 111 square kiloimetres and a 17-kilometre strike in the emerging Appalachian/Iapetus gold belt;
it is hosted by orogenic rocks of similar age and structure as New Found Gold's Queensway project.
Riley Brook is a 335-square-kilometre package covering a 26-kilometre strike of Wapske formation with
its numerous felsic units. An NI 43-101 technical report has been completed in August, 2024.
ON BEHALF OF THE COMPANY
Wendy T. Chan
CEO & Director
Information Contact:
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; currency fluctuations; and impact of the COVID-19 pandemic.
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,
unknown impact related to potential business disruptions stemming from the COVID-19 outbreak, or
another infectious illness, 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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https://www.newsfilecorp.com/release/265664