News · Yahoo Finance

Lode Gold Identifies Exploration Potential for Additional Higher-Grade Gold Within Previously Drilled Areas at Fremont Gold Mine

Lode Gold says it has identified structural controls on gold grade distribution at the Pine Tree-Josephine Mine within its Fremont Gold Mine in Mariposa County, USA, based on digitized 1941 channel samples and historical drilling. The Pine Tree vein has at least two higher-grade shoots, each about 50-60 metres long with grades of roughly 4-6 g/t Au, located before transverse normal faults, while on the Josephine vein higher-grade zones occur after the faults. The Josephine vein was barely explored in this area, though a later drill hole intersected 43.02 g/t Au over 0.61 metres. Because the historical grid drilling of about 30 by 30 metres did not target these structural positions, future drilling can be designed around them. Chair Hashim Ahmed said the shift to bulk underground mining supports lower costs, and the cut-off grade has been lowered to 0.82 g/t Au due to higher gold prices.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

goldminingmineral explorationLode Gold

Open a keyword to see other news on the same topic.

Related tickers and likely impact

XAU/USD

• Neutral

Relevance: low

MarketGold
Close on 11/02/20263,946.68
Change that session+1.84%
XAU/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • LODE GOLD INITIATES EXPLORATION TO EVALUATE UPSIDE POTENTIAL AT HISTORIC HIGH-GRADE MINES WITHIN FREMONT GOLD MINE

    Lode Gold Resources (TSXV: LOD) has started exploration work to evaluate additional gold potential at its 100%-owned Fremont Gold Mine in Mariposa County, California. The historic mine, halted in 1942, has seven deposits and four former mines, with about 23 km of underground workings and 43,000 m of historical drilling, but its 2026 mineral resource estimate covers only three of those deposits. Historical exploration has covered less than 20% of the 3,351-acre property, so the company is expanding its evaluation to all seven deposits and nine additional targets, starting with French Mine, a high-grade historical mine (10.7 g/t Au) about two km from Pine Tree–Josephine. If its potential is confirmed, French Mine could add higher-grade material through blending, and current work includes fieldwork and a review of historical records to build a three-dimensional geological model.

    Yahoo Finance·goldminingLode Gold
  • LODE GOLD COMPLETES FIRST SIX HOLES OF EXPANDED 20-HOLE DRILL PROGRAM AT FREMONT GOLD MINE

    Lode Gold Resources has completed the first six drill holes of its expanded 20-hole campaign at the Fremont Gold Mine in Mariposa County, California, and added ten holes, bringing the program to 4,200 meters (13,780 feet). The six holes represent half of the planned 12-hole metallurgical drilling program, and samples from the first two holes have been sent to the lab, with assay results pending. The holes use PQ-diameter core to supply material for both gold assays and metallurgical testing, with planned target depths of about 105 to 171 meters. CEO Wendy T. Chan said the company expects news flow and drilling from Q4 2026 through Q1 2027, including in-situ hydrogeological holes followed by step-out exploration.

    Yahoo Finance·goldminingLode Gold
  • PJX Resources Commences First-Ever Drilling at High-Priority Gar Gold Target on Zinger Property

    PJX Resources has started its first-ever drilling at the high-priority Gar gold target on its Zinger Property in southeastern British Columbia, following renewal of the property's five-year drilling permit. The program will test a 1,600-metre-long gold-in-soil anomaly, with geological traits similar to Snowline Gold's Valley discovery and Kinross Gold's Fort Knox deposit. Grab samples from surface quartz veins returned gold values of up to 28.84 g/t, and visible gold has been seen in the veins. At the Dewdney Trail Property, about 2,700 metres of a planned 4,000-metre program is complete at Estella Basin; due to deteriorating weather, drilling there was postponed until next year and the drill was moved to Gar. Given the target's size and the approaching winter, the initial Gar program will test only part of its potential.

    Yahoo Finance·goldminingCanada
  • Trifecta Gold Announces Drill Results from Rye Project, Yukon

    Trifecta Gold reported 2026 drilling results from its Rye Project in Yukon, completing 1,852 m across six holes. Hole RY-26-07 cut a gold zone from 256.03 m to 296.00 m, with every sample at 0.1 g/t gold or more, and RY-26-11 intersected 1.02 m grading 0.19 g/t gold. The company said it will shift its focus to other prospects in its recently acquired portfolio. Holes RY-26-10 and RY-26-12 returned no significant results.

    Yahoo Finance·goldminingmineral exploration
  • Quimbaya Gold Expands Tahami Land Position by 37% to 43,496 Hectares

    Quimbaya Gold says the land position at its Tahami Project in Antioquia, Colombia grew about 37% during 2026, from 31,650 hectares to 43,496 hectares, after it added ten mineral applications covering 11,845.6 hectares. Tahami lies immediately adjacent to Aris Mining's Segovia operation, which the CEO says produces approximately 250,000 ounces of gold yearly. The company notes that securing new tenure in Antioquia is slow and competitive, and that it added the ground over months while running two drill programs. Phase 2 drilling is underway on high-grade silver and gold vein targets at Tahami South, and assay results for the remaining Phase 1 holes at Tahami Center are expected in December 2026. The release stresses that mineral applications are not granted mining titles and that no assurance can be given that any application will be approved.

    Yahoo Finance·goldminingColombia
  • Airborne Magnetic Survey Generates 22 Priority Gold Exploration Targets

    GoldCoast Resource Corp. reports completing an airborne magnetic survey over its entire 10,000 km² offshore licence area on Ghana's shallow continental shelf, with about 60,000 line kilometres flown between May 4 and August 22, 2026. The interpretation identified 22 significant magnetic anomalies, considered high-priority gold targets linked to paleo-river channels, paleo-shorelines and structurally controlled sediment traps. Two source-to-sink placer systems were defined: the Tano-Ankobra system in Block 1 and the Pra River and eastern river systems in Block 2, each containing all four elements needed for a placer gold deposit. A further infill survey over Target A, about 500 km² at the Ankobra River mouth, is being interpreted, with results due in Q4 2026. A Phase II marine program using multibeam bathymetry, side-scan sonar, sub-bottom profiling and vibracore sampling will test the priority targets.

    Yahoo Finance·goldminingmineral exploration

Related markets

Gold →

Latest news

  • 3 reasons why the tech stock rout is growing more alarming

    Tech stocks are being sold more aggressively, columnist Brian Sozzi writes, even though Apple (AAPL) posted a strong quarter with double-digit iPhone sales growth and Palantir (PLTR) reported a big quarter and outlook; both fell in premarket trading on Tuesday. Analysts remain bullish, yet investors are not buying top tech names despite valuation discounts versus a month ago and historical averages, with Nvidia (NVDA) cited as an example. The S&P 493 has also started slipping as the market recognizes that most companies are tied to the AI boom; if AI-driven productivity gains arrive more slowly than expected, the entire market may need to be re-rated.

    Yahoo Finance·▼ AAPL▼ QQQ▼ NVDA▼ SPYtech stocksAAPLNVDA
  • Rate Hikes Could Be Coming: History Likes These 4 Bank Stocks

    The Federal Reserve is gearing up to raise rates again, and Wall Street's four biggest banks are not equally positioned to benefit; history shows at least one of them lost ground in past tightening cycles. The Fed raised rates in September for the first time in 3 years, leaving the upper bound of the federal funds target range at 4.00%, and Kalshi traders put a 72% market-implied probability on another 25-basis-point hike at the December 9 meeting. Rising rates typically widen banks' net interest margins, but only JPMorgan rose in all three past hiking cycles; it trades at 13x forward earnings, the highest multiple in the group, with loan losses as its main risk. Bank of America estimates a 100-basis-point rise would add approximately $1.40 billion to net interest income over 12 months, but its main risk is unrealized bond losses, and the stock slid 24.8% in the last cycle. Citigroup has the cheapest multiple at 9x forward earnings but the weakest track record.

    Yahoo Finance·▲ JPM▲ DXYFedinterest ratesbanks
  • Ontinue Extends Microsoft ISOC with 24/7 Managed Security Operations Through New MXDR Essentials Service

    Ontinue, a leading MXDR partner based in Zürich, announced MXDR Essentials, a managed security service that extends Microsoft's Integrated Security Operations Center (ISOC) into 24/7 operations, combining Agentic AI, automation and its Cyber Defense Center. The service provides continuous investigation and response across the Microsoft Defender suite, covering endpoints, servers, email and identities, and is positioned as an accessible starting point for organizations that do not yet need a comprehensive MXDR service. Customers control how incidents are handled through Rules of Engagement and work with Ontinue via Microsoft Teams. Ontinue also introduced a Microsoft ISOC Deployment Package to help configure telemetry, integrations and automation.

    Yahoo Finance·cybersecurityMicrosoftsoftware
  • Dip Buyers in Leveraged Tech ETFs Are Getting Crushed

    Billions flowed into leveraged semiconductor and tech ETFs as prices fell in October, but daily-reset funds make waiting for a rebound more costly the longer it takes. The Direxion Daily Semiconductor Bull 3X ETF (SOXL) drew $7.27 billion of net new money in October, about 29.91% of its $24.31 billion in assets, yet fell 47.89% over the month, while the ProShares UltraPro QQQ (TQQQ) drew $3.49 billion and fell 20.53%. Net flows do not show who bought, at what price, or whether they still hold. From October 6 to November 2, SOXL lost 58.50% versus 23.04% for the unleveraged iShares Semiconductor ETF (SOXX), reflecting the compounding effect of daily resets. To recover to its October 29 close, SOXL needs about 50.2% while SOXX needs about 13.3%.

    Yahoo Finance·▼ QQQ▼ SPYETFsemiconductorsQQQ
  • Anthropic targets doubling computing capacity to 7 gigawatts next year, NYT report

    According to the New York Times, Anthropic expects more than 3.5 gigawatts of computing capacity by the end of this year and aims to double that next year, enough electricity to power all the homes in Chicago. The company has accumulated $895.4 billion in commitments for data centers, chips and computing power through 2045, per its updated IPO prospectus, with nearly $70 billion expected to take effect over the next 12 months. It sources computing power from neoclouds Fluidstack, Lambda and Nscale and has major agreements with Google ($121.3 billion), Amazon ($110 billion), Microsoft ($44.9 billion) and SpaceX ($120.5 billion). The company is also taking a more hands-on role in infrastructure, hiring construction and supply-chain specialists and buying equipment such as cooling systems. The article notes that access to electricity and computing infrastructure is becoming a critical competitive advantage, while raising questions about returns on increasingly expensive capacity commitments.

    Yahoo Finance·▲ NVDA▲ GOOGLAnthropicdata centersAI investment
  • CEO.CA's Inside the Boardroom: Gold Producer to Scale Molybdenum & Copper Supply Next to China: Erdene Resource Development

    An interview video with Peter Akerley, President & CEO of Erdene Resource Development Corp. (TSX: ERD) (MSE: ERDN) (OTCQX: ERDCF), recorded on October 19, 2026 and issued on the company's behalf. According to the video, Erdene is using cash flow from gold production to unlock its portfolio of precious and base metals in Mongolia. The video is part of CEO.CA's 'Inside the Boardroom' series.

    Yahoo Finance·goldminingcommodities

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.