LODE GOLD COMMENCES METALLURGICAL DRILLING AT FREMONT GOLD MINE, MARIPOSA, CA Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: LODFF) ("Lode Gold" or the "Company") is pleased to announce that it has commenced metallurgical...
Original announcement by prnewswire on
- Company
- Lode Gold Resources Inc.
- Ticker
- LOD
- Exchange
- Unavailable
- Region
- California
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Metallurgy
- Extracted
- 2026-08-24 04:23:06 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lode Gold has commenced metallurgical drilling at its Fremont Gold Mine in Mariposa, California. The program aims to optimize future processing configurations, including gravity and flotation circuits, to maximize project economics and efficiency.
Reasoning: The company is initiating a metallurgical drilling program to optimize flowsheet design and validate historical recovery data, which is a key de-risking step for project development.
Positive factors
- commencement of metallurgical drilling
- focus on optimizing CAPEX and OPEX
- evaluation of multiple recovery methods (gravity vs flotation)
Negative factors
- new study required to validate historical 91% recovery
Facts used in scoring: 1
Classification and evidence
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The company is evaluating flotation circuits and gravity recovery, which are mill-based processing routes.
Evidence · text
“Conventional flotation circuits are aligned with historical mine production layouts while gravity recovery and coarse-particle sorting circuits tend to be more modern”
QP/CP Signedpositive · Story-specific tag
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The technical information was reviewed and approved by Gary Wong, P.Eng., a designated Qualified Person.
Evidence · text
“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.”
Extracted facts
Stored fact records: 1. Some facts used in scoring do not have a stored record.
Metallurgical Results (1)
Fact 1goldRecovery: 91 %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- LOD
Test Work
- Sample
- historical metallurgical report (2014)
Recovery
- Recovery
- 91 %
- Recovery Basis
- unspecified
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2014-01-01T00:00:00.000Z
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: The 91% recovery is a historical reference that the company explicitly intends to validate with the current program.
Positive factors
- high historical recovery
Negative factors
- requires validation via new study
Evidence · text
“Previously, the 2014 Metallurgical Report confirmed a 91% recovery. We are conducting a new study to validate the information”
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.