LODE GOLD'S NEW MINERAL RESOURCE ESTIMATE: 1.11 MOZ OF GOLD - 18.8 MT AT 1.84 G/T AU (MEASURED & INDICATED) AND 1.99 MOZ OF GOLD (INFERRED) - 33.1 MT AT 1.86 G/T AU AT FREMONT GOLD MINE
Original announcement by yahoo_press on
- Company
- Lode Gold Resources Inc
- Ticker
- LOD
- Exchange
- TSXV
- Region
- Mariposa County, California
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update
- Extracted
- 2026-09-19 06:08:49 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lode Gold Resources Inc has announced a new Mineral Resource Estimate for the 100% owned Fremont Gold Mine in California. The estimate includes 18.8 Mt at 1.84 g/t Au (Measured & Indicated) and 33.1 Mt at 1.86 g/t Au (Inferred), totaling approximately 3.1 Moz of gold.
Reasoning: The announcement presents a substantial new Mineral Resource Estimate for the Fremont Gold Mine, featuring significant gold tonnage and grade across both M&I and Inferred categories.
Positive factors
- Significant gold resource scale
- High M&I percentage (approx 36%)
- Strong grade continuity
Facts used in scoring: 2
Classification and evidence
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.
Why it applies: The document announces a 'new Mineral Resource Estimate', implying the establishment of a formal resource baseline.
Evidence · text
“announce the results of a new Mineral Resource Estimate ("MRE")”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The release provides a new mineral resource estimate for the Fremont Gold Mine.
Evidence · text
“announce the results of a new Mineral Resource Estimate ("MRE")”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Resource Estimates (2)
indicatedFremont Gold Mine · goldTonnes: 18800000Grade: 1.84Grade Unit: g/tContained Metal: 1.11Contained Unit: mozView all detailsHide details
Identity
- Project
- Fremont Gold Mine
- Commodity
- gold
- Region
- mariposa county, california
- Reported Region
- Mariposa County, California
- Ticker
- LOD
Resource scope
- Estimate type
- resource
- Resource group id
- resource:6768f32e787bebcea2ec
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 18800000
- Grade
- 1.84
- Grade Unit
- g/t
- Contained Metal
- 1.11
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Significant M&I gold resource reported.
Positive factors
- Strong grade for the tonnage
Evidence · text
“18.8 MT AT 1.84 G/T AU (MEASURED & INDICATED) AND 1.99 MOZ OF GOLD (INFERRED)”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
inferredFremont Gold Mine · goldTonnes: 33100000Grade: 1.86Grade Unit: g/tContained Metal: 1.99Contained Unit: mozView all detailsHide details
Identity
- Project
- Fremont Gold Mine
- Commodity
- gold
- Region
- mariposa county, california
- Reported Region
- Mariposa County, California
- Ticker
- LOD
Resource scope
- Estimate type
- resource
- Resource group id
- resource:1634047922d15927e8e9
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 33100000
- Grade
- 1.86
- Grade Unit
- g/t
- Contained Metal
- 1.99
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Large scale inferred resource provides significant upside.
Positive factors
- Large scale inferred resource
Negative factors
- High proportion of inferred material
Evidence · text
“1.99 MOZ OF GOLD (INFERRED) - 33.1 MT AT 1.86 G/T AU”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.