Lode Gold Files NI 43-101 Technical Report for the Fremont Gold Mine On SEDAR+
Original announcement by tmx on
- Company
- Lode Gold Resources Inc.
- Ticker
- LOD
- Exchange
- TSX
- Region
- California, USA
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update
- Extracted
- 2026-08-20 20:53:22 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lode Gold has filed an updated NI 43-101 Technical Report for the Fremont Gold Mine in California. The updated Mineral Resource Estimate shows 19.9 Mt of Indicated and 38.5 Mt of Inferred resources at 0.82 g/t Au cut-off, representing a significant expansion in tonnage and contained ounces compared to previous estimates.
Reasoning: The company updated its Mineral Resource Estimate (MRE) for the Fremont Gold Mine, significantly increasing tonnage and contained gold by lowering the cut-off grade from 3 g/t (in the 2025 MRE) to 0.82 g/t, reflecting higher gold prices.
Positive factors
- Tonnage growth vs prior PEA
- Significant contained metal increase
- NI 43-101 compliant update
- Lowered cut-off grade captures more value
Negative factors
- Grade decline vs prior PEA due to lower cut-off
Facts used in scoring: 2
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The company filed an independent NI 43-101 Technical Report for the Fremont Gold Mine.
Evidence · text
“filed its independent National Instrument 43-101 ("NI 43-101") Technical Report”
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: Tonnage increased significantly from 19.0 Mt (Indicated) and 28 Mt (Inferred) in the 2023 PEA to 19.9 Mt and 38.5 Mt in the current update.
Evidence · text
“The PEA was based on 1.16 Moz at 1.90 g/t Au within 19.0 Mt Indicated, and 2.02 MOz at 2.22 g/t Au within 28 Mt Inferred”
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: Average grade dropped from 1.90 g/t (Indicated) and 2.22 g/t (Inferred) in the PEA to 1.79 g/t and 1.73 g/t respectively due to the lower cut-off grade.
Evidence · text
“The PEA was based on 1.16 Moz at 1.90 g/t Au within 19.0 Mt Indicated, and 2.02 MOz at 2.22 g/t Au within 28 Mt Inferred”
QP/CP Signedpositive
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: Gary Wong, P.Eng., has been designated as the Qualified Person.
Evidence · text
“reviewed and approved by Gary Wong, P.Eng., Vice President of Exploration of Lode Gold, designated as a qualified person”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The base-case cut-off grade of 0.82 g/t Au is explicitly stated.
Evidence · text
“establishes a base-case cut-off grade of 0.82 g/t Au”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Resource Estimates (2)
indicatedgoldTonnes: 19900000Grade: 1.79Grade Unit: gr/tContained Metal: 1.15Contained Unit: MozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- LOD
Resource Data
- Category
- indicated
- Tonnes
- 19900000
- Grade
- 1.79
- Grade Unit
- gr/t
- Contained Metal
- 1.15
- Contained Unit
- Moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-08T00:00:00.000Z
Reasoning: Indicated resource component of the updated MRE.
Positive factors
- Significant tonnage
Negative factors
- Lower grade than prior PEA
Evidence · table
“1.79”
Context: 19.9
inferredgoldTonnes: 38500000Grade: 1.73Grade Unit: gr/tContained Metal: 2.17Contained Unit: MozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- LOD
Resource Data
- Category
- inferred
- Tonnes
- 38500000
- Grade
- 1.73
- Grade Unit
- gr/t
- Contained Metal
- 2.17
- Contained Unit
- Moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-08T00:00:00.000Z
Reasoning: Inferred resource component of the updated MRE.
Positive factors
- Large tonnage
Evidence · table
“1.73”
Context: 38.5
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.