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Lode Gold Resources Inc V.LOD

Alternate Symbol(s):  LODFF

Metals & Mining Gold
Lode Gold Resources Inc. is a Canadian exploration and development company with grassroots and advanced exploration properties in prospective mining jurisdictions. Its Golden Culvert and Win Projects, Yukon, covering about 99.5 square kilometers across a 27-kilometer (km) strike length, are situated in a district-scale, high-grade-gold-mineralized trend within the southern portion of the Tombstone Gold Belt. Gold deposits and occurrences within the Belt include Fort Knox, Pogo, Brewery Creek and Dublin Gulch and Snowline Gold's Valley target on its Rogue property in the Selwyn Basin. Its McIntyre Brook Project, New Brunswick, covering about 120 square kilometers and a 17-km strike length in the emerging Triple Fault Gold Belt, is surrounded by Puma Exploration's Williams Brook Project. The Company is also advancing its Fremont Gold development project in the Mother Lode Gold Belt of California.


TSXV:LOD - Post by User

Lode Gold Resources Inc
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Post by Betteryear2on Aug 27, 2024 6:41pm
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Post# 36198523

Lode Gold Signs $3.5 Million Strategic Alliance

Lode Gold Signs $3.5 Million Strategic AllianceToronto, Ontario--(Newsfile Corp. - August 27, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce it has entered into a definitive agreement with Fancamp Exploration Ltd. ("Fancamp") which will result in a $3.5 million investment (the "Investment Agreement") into the Company, and into the Company's wholly-owned subsidiary, Gold Orogen. As part of the Investment Agreement, the Company will transfer its interests in the McIntyre Brook Property (111 km2) and Fancamp will transfer its interests in the Riley Brook Property (309 km2), both located in New Brunswick, into a 50/50 joint venture between Gold Orogen and Fancamp. As a result of this agreement, Fancamp will become a key shareholder of Lode Gold and a 19.9% shareholder of Gold Orogen.

Lode Gold Signs $3.5 Million Strategic Alliance; Creating One of the Largest Prospective Land Packages in New Brunswick (newsfilecorp.com)
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