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The latest announcement is out from Stratabound Minerals ( (TSE:LOD) ).
Lode Gold Resources Inc has successfully transferred the Mine Safety and Health Administration (MSHA) property identification number for its Pine Tree Josephine Mine, marking a crucial regulatory step towards reactivating this historic California gold operation. This milestone enables Lode Gold to proceed with its development plans, including channel sampling and drilling in 2025, followed by pre-feasibility studies in 2026, positioning the company to potentially resume production in a safe and profitable manner.
More about Stratabound Minerals
Lode Gold Resources Inc is an exploration and development company operating in Canada and the United States. The company focuses on projects in highly prospective and safe mining jurisdictions, with a significant emphasis on the Fremont Mine in Mariposa, California. Lode Gold’s portfolio includes advanced exploration and development assets, with recent technical reports and mineral resource estimates highlighting its potential. In Canada, the company has projects in Yukon and New Brunswick, situated in promising gold mineralized trends.
Average Trading Volume: 37,592
Technical Sentiment Signal: Sell
Current Market Cap: C$9.44M
Find detailed analytics on LOD stock on TipRanks’ Stock Analysis page.