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Stratabound Minerals ( (TSE:LOD) ) just unveiled an announcement.
Lode Gold Resources is reinterpreting its Dingman Gold Project in Ontario by initiating a new geological model that shifts focus from historical open-pit concepts to structurally controlled, higher-grade gold mineralization potentially amenable to underground mining methods. The work, which builds on more than 22,000 metres of drilling and an existing NI 43-101 resource of 376,000 ounces of gold in measured and indicated and 47,000 ounces inferred, is intended to underpin a new mineral resource estimate and could materially reshape the project’s development path, support options such as a joint venture or spin-out, and better position the asset within the current gold price environment and the region’s established underground mining framework.
More about Stratabound Minerals
Lode Gold Resources is a Canadian mineral exploration company focused on advancing gold projects, including its wholly owned Dingman Gold Project in Ontario and the Fremont Gold Project in California. The company targets structurally controlled, higher-grade gold deposits in well-established mining jurisdictions with strong infrastructure and long mining histories.
Average Trading Volume: 180,387
Technical Sentiment Signal: Buy
Current Market Cap: C$27.63M
Learn more about LOD stock on TipRanks’ Stock Analysis page.