Lode Gold Adds Veteran Engineer, Extends Romspen Loan to Advance Fremont Project

Stratabound Minerals ( (TSE:LOD) ) has provided an announcement.

Lode Gold Resources has appointed veteran mining engineer David Gunning as a technical advisor to help advance its Fremont Gold Project in California, leveraging his 35-plus years of underground gold mining, feasibility study, and mine operations experience from prior senior roles at Bluestone Resources and Starcore International Mines. Concurrently, the company secured greater financial flexibility by extending the maturity of its loan with Romspen to October 31, 2026, in exchange for issuing warrants, paying a modest extension fee, and obtaining Romspen’s agreement to relinquish its equity conversion rights, a move that reduces potential future dilution while supporting the continued development of its expanding project portfolio and impending Gold Orogen spin-out.

More about Stratabound Minerals

Lode Gold Resources is a North American-focused gold company with key assets in Canada and the United States. Its flagship Fremont Gold Project in Mariposa, California is a brownfield gold property with extensive historical work, an updated mineral resource estimate, and sits on more than 3,000 acres of 100%-owned private and patented land within a designated Opportunity Zone. Through its Gold Orogen portfolio, the company also holds early-stage exploration projects in Yukon and New Brunswick, including one of the largest land packages in New Brunswick via a joint venture, while the spin-out of Gold Orogen into a separate public company is nearing completion. Lode Gold additionally owns the Dingman orogenic gold property in Ontario with a defined resource and prior economic assessment, positioning the company as a multi-asset gold explorer and developer with diversified geological and jurisdictional exposure.

Average Trading Volume: 119,892

Technical Sentiment Signal: Buy

Current Market Cap: C$21.96M

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