Lode Gold Resources (TSXV: LOD) announced on October 26, 2026 that it is starting exploration to assess additional gold potential at its 100%-owned Fremont Gold Mine in Mariposa County, California. The historic mine has seven deposits, four former mines, about 23 kilometres of underground workings and 43,000 metres of historical drilling, but its 2026 resource estimate covers only three of the deposits. The company is expanding its evaluation to all seven deposits and nine additional targets, starting with French Mine, a historical site about two kilometres by truck from Pine Tree-Josephine that reported gold grades of 10.7 g/t Au. Fieldwork and a review of historical records are underway to build a three-dimensional geological model, and CEO Wendy T. Chan said the company believes there could be significant upside at the previously producing mines. Any potential mining development remains subject to further geological, technical and economic assessments.
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
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