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Stratabound Minerals ( (TSE:LOD) ) has shared an update.
Lode Gold Resources Inc has significantly enhanced its geological understanding and exploration potential at the Fremont Gold Mine in California by recovering over 5,000 historical underground samples. This addition increases the company’s validated sample database to 8,593 records, allowing for a more accurate Mineral Resource Estimation and potentially increasing the proportion of Measured and Indicated Resources. The Fremont project, a brownfield site with extensive infrastructure, offers substantial exploration upside, with only 8% of its resource extracted and the remainder open at depth and on strike. This development positions Lode Gold to better leverage its assets and improve its standing in the gold mining industry.
More about Stratabound Minerals
Lode Gold is an exploration and development company with projects in highly prospective and safe mining jurisdictions in Canada and the United States. In Canada, Lode Gold holds exploration properties in the Yukon and New Brunswick.
Average Trading Volume: 56,849
Technical Sentiment Signal: Sell
Current Market Cap: C$10.16M
Find detailed analytics on LOD stock on TipRanks’ Stock Analysis page.