Lode Gold Resources Inc - Mining Stock Analysis & Updates
Latest News and Market Performance for Lode Gold Resources Inc
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Lode Gold Closes $350,000 Financing
Lode Gold Resources Inc. has closed a $350,000 financing, issuing 1,944,444 units at $0.18 each, consisting of a share and a warrant. The company operates in Canada and the U.S., focusing on gold exploration in key mining regions.
Lode Gold Announces $350,000 Non-Brokered Financing
Lode Gold Resources Inc. announced a non-brokered financing of $350,000 via the issuance of 1,944,444 units at $0.18 each, with plans for the proceeds to fund corporate and working capital needs. The company also discusses its mining projects in Canada and the U.S.
Lode Gold Receives Tsxv Conditional Acceptance for Spinout Transaction and Sets a Shareholder Meeting Date to Approve Plan of Arrangement (Each Shareholder Will Receive Shares of Spin Co Gold Orogen)
Lode Gold Resources Inc. has received conditional acceptance for a spinout transaction from TSXV, with a record date of January 20, 2025. Shareholders will receive Gold Orogen shares post-approval. Gold Orogen will focus on two promising exploration assets in Yukon and New Brunswick.
Two New Reduced Intrusive (RIRGS) Targets, Totalling Four, Identified at Tombstone Belt, Yukon - Gold Orogen, New Spin Co of Lode Gold
Toronto-based Lode Gold Resources Inc. has announced the identification of two additional RIRGS targets, "Stingray" and "Camp," on the Golden Culvert property. The discovery was made through the interpretation of data from the 2024 QMAGT survey, and these new targets add to the four previously identified targets on the property. Field verification is scheduled for the next season to confirm the presence of targeted geological features. The Golden Culvert property has a significant 15 km long geochemical anomaly, of which only an 800 m section has been drilled. The identification of these new targets enhances the overall potential of the Golden Culvert property.
Lode Gold Presents Strategic Initiatives and Exploration Plans at 121 Mining Investment Event in London, UK
Lode Gold Resources Inc. will participate in the 121 Mining Investment event in London on November 14-15, 2024, to connect with potential investors and analysts. As part of its marketing efforts, the company is also planning stakeholder meetings in several European cities. Upcoming projects include planned drilling in New Brunswick in Q1 2025, follow-up drilling on newly identified targets in Yukon, and a revised mineral resource estimate in California in Q4 2024. The company also has a brownfield project with high-grade underground potential and a projected net present value of $371M. Lode Gold is inviting interested investors to learn about these plans and more by scheduling meetings or visiting their website.
Lode Gold Submits Application for Exchange Approval to Form Spin Co, Gold Orogen - a Yukon (Tombstone Belt) & New Brunswick Exploration Company
Lode Gold Resources Inc. has applied for approval from the TSX Venture exchange for the spin-out of Gold Orogen, with a shareholder's meeting expected in early December 2024. The company has also consolidated its capital on a ten for one (10:1) basis, resulting in 38,032,970 issued and outstanding shares. Trading of Lode Gold Resources Inc.'s common shares will commence on a consolidated basis on the TSX Venture Exchange from October 29, 2024. This move is seen as a strategic step after significant milestones in the past year, including the upcoming share distribution of Gold Orogen to shareholders of Lode Gold.