Ms. Wendy Chan reports

LODE GOLD EXTENDS CONSTRUCTION LOAN AGREEMENT UNTIL 2028

Lode Gold Resources Inc. has entered into an amendment to its construction loan agreement with Romspen Investment Corp., extending the maturity date of the loan to May 1, 2028, from Oct. 31, 2026.

The extension fee (2 per cent) only applies to the original principal. This extension fee is consistent with market rates. For early repayment in the first 12 months, on or before May 1, 2027, half of the extension fee will be rebated.

This amendment aligns with Lode Gold's objectives, strategy and plans, and provides stability for the company to continuously advance the Fremont gold mine in the next two years to unlock value for shareholders.

About Lode Gold Resources Inc.

Lode Gold has key assets in Canada and the United States.

Fremont gold mine project (Fremont Gold Mining LLC) is a brownfield project in Mariposa, Calif., with 43,000 metres drilled, 10,000 underground channel samples, 14 adits and two shafts. Mining halted in 1942 due to the gold mining prohibition during the Second World War. It was mined at 10.7 grams per tonne when price was gold was $35 per ounce. A preliminary economic assessment was completed in 2023. The PEA was based on 1.16 million ounces at 1.90 g/t Au within 19.0 million tonnes indicated, and 2.02 Moz at 2.22 g/t Au within 28 Mt inferred with a composite cut-off. A mineral resource estimate was updated in 2025, and 92 per cent of the ounces were left unmined. Average true widths at one g/t cut-off are 53 metres. The project sits on greater than 3,000 acres of 100-per-cent-owned private and patented land, which is designated as OZ, Trump administration opportunity zone (special tax incentives).

Dingman property is an orogenic deposit in Ontario, Canada, with over 22,000 m drilled, with a 2013 PEA and MRE: 376,000 oz at 0.94 g/t (measured and indicated) and 47,000 oz at 0.71 g/t (inferred).

Qualified person

The technical information contained in this press release was reviewed and approved by Gary Wong, PEng, vice-president, exploration, of Lode Gold, designated as a qualified person under National Instrument 43-101.

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