Sep 11, 2024, 8:14 PM
Sep 11, 2024, 8:14 PM

Lode Gold files technical report for McIntyre Brook project in New Brunswick

Highlights
  • Lode Gold Resources Inc. has filed a Technical Report for its McIntyre Brook Gold Project in New Brunswick, outlining previous work and recommending a Phase 1 exploration program.
  • The company plans to begin exploration activities on McIntyre and Riley Brook projects, including soil sampling and geophysical surveys, following the closing of a joint venture with Fancamp.
  • These efforts aim to enhance Lode Gold's resource base and capitalize on the promising geological features of the region.
Story

Lode Gold Resources Inc. has filed a Technical Report for its McIntyre Brook Gold Project in New Brunswick, which is part of a joint venture with Fancamp. The report, prepared in accordance with NI 43-101 standards, outlines the history and previous work conducted on the property, recommending a Phase 1 exploration program that includes a helicopter VTEM survey and systematic soil sampling. The McIntyre Brook Project spans 111 km2 and is strategically located in the Appalachian/Iapetus Gold Belt, surrounded by promising neighboring projects. The company plans to initiate exploration activities on both the McIntyre and Riley Brook projects following the closing of the Fancamp joint venture, pending TSX Venture acceptance. This exploration will involve extensive soil sampling and the commissioning of various geophysical surveys later in the year. The results from these activities are expected to inform a drill program scheduled for early next year. Lode Gold is one of the largest land package owners in New Brunswick, with a total of 420 km between its McIntyre Brook and Riley Brook properties. The McIntyre Brook Project is particularly notable for its 17-km strike length and its geological similarities to other successful gold projects in the region, which may enhance its exploration potential. The company is also advancing its Fremont Gold development project in California, which has a significant NI 43-101 resource. The ongoing exploration and development efforts are part of Lode Gold's strategy to enhance its resource base and capitalize on favorable market conditions for gold.

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