Ms. Wendy Chan reports

LODE GOLD FURTHER STRENGTHENS ENGINEERING, GEOLOGICAL & PERMITTING TEAM

Lode Gold Resources Inc. has added engineering expertise to the technical advisory board for Fremont gold mine. Roberto Llovet Vazquez is a mine engineer with in-depth underground mining experience. He specializes in operating and bringing underground mining projects to production, increasing output, while keeping closes control on costs.

Mr. Llovet Vazquez is a mine engineer from the Polytechnic University of Madrid with over a decade of underground mining operations experience, specializing in mine development and cost-efficient mineral exploitation.

He has served as chief operating officer (COO) across multiple underground producing and development-stage operations in Spain, Peru and Mexico, spanning cut and fill, long hole, and room and pillar mining methods. His record includes restarting a Buenaventura spinout silver mine in Peru that had been under care and maintenance for several years. Mr. Llovet Vazquez was instrumental in returning it to profitable production, cutting costs by 50 per cent and scaling output by more than 100 per cent -- both within 12 months.

Additionally, he led the rapid advancement of an underground tungsten-gold intrusive project in Spain from preliminary economic assessment (PEA) to definitive feasibility study (DFS) and oversaw operations and development at four producing underground silver mines for Grupo Mexico in Chihuahua, Mexico.

Recently, as COO at Minas de Alquife (Granada, Spain) at the largest iron open pit in Europe and concurrently Minera de Orgiva (Granada, Spain), a polymetallic underground operation, he successfully doubled production while cutting operating costs in half.

As a result of his underground experience Roberto is technically skilled in underground ventilation, blasting design, rock mass support and metallurgical plant construction.

"Roberto has hands-on experience taking underground mines through the full development cycle -- from PEA to feasibility-level engineering to production optimization -- which is directly applicable to where we are today at Fremont," said Wendy T. Chan, chief executive officer and director of Lode Gold. "He has executed underground mining at scale across multiple jurisdictions.

"Roberto adds relevant experience to our current technical team, which includes Bill Fisher, former chairman of Aurelian, who discovered the Fruta del Norte gold mine in Ecuador -- later acquired by Kinross, and now Lundin Gold's flagship asset -- and Martin Stratte, who brings experience permitting mines in California, including Equinox's restart of Castle Mountain. We now have a great balance of technical expertise spanning geology, engineering and permitting as we advance the project in 2027."

The technical and permitting advisory team now includes:

Bill Fisher (geology) -- Mr. Fisher has as a successful record, highlighted by notable exits. As CEO in the 1990s, he led the discovery of the large underground mine at Aripuana Brazil, now owned by Nexa. In the late 1990s, Mr. Fisher served as vice-president of exploration for Boliden AB, a major European mining and smelting company, where he managed 35 projects across nine countries, six of which were underground. His career highlights include serving as chairman of Aurelian Resources, which discovered the Fruta del Norte gold deposit in Ecuador, leading to the company's acquisition by Kinross Gold for $1.2-billion in 2008. Mr. Fisher also helped transformed GlobeStar Mining from an exploration company to an emerging producer, having been instrumental in developing the Cerro de Maimon copper/gold mine in the Dominican Republic, which was completed on time and under budget. This project was sold to Perilya for $186-million.

With over 40 years in the mining industry, Mr. Fisher is renowned for his expertise in exploration, development and strategic leadership. His career began in Africa, where he spent a decade working on diamond exploration and mining projects, including significant discoveries of kimberlites in the Congo and contributions to exploration efforts in West Africa.

Until recently, Mr. Fisher served as chairman of GoldQuest Mining, overseeing the development of a three-million-ounce gold discovery in the Dominican Republic. He holds directorships in several mining companies, including Inventus Mining and Churchill Resources, and he previously served as chairman of Treasury Metals now called (NexGold Mining Corp), which is developing the Goliath gold complex in Ontario.

Gary Wong, PEng (vice-president of exploration, engineer) -- Mr. Wong is a seasoned underground geologist with over 30 years of global experience in mining exploration and production. He began his career with a decade-long tenure at Placer Dome Inc., leading projects from grassroots to feasibility studies. Notable projects include Endako Mine, Las Cristinas, Seabee, Mt. Milligan and Bulyanhulu, the latter three of which transitioned to underground mining. Mr. Fisher has worked extensively across Canada, Europe, Latin America and Africa, adapting to diverse environments from the Arctic to the Tropics.

David Gunning (mining engineer) -- Mr. Gunning has over 35 years of experience, specializing in underground gold mining. He has led key initiatives in mine engineering and geology, as well as corporate management and supervision in his roles as COO, vice-president and director. In addition, Mr. Gunning had been a PEng and QP (qualified person) and had written and co-authored numerous National Instrument 43-101 technical reports. Most recently, Mr. Gunning, as VP, operations, of Bluestone Resources, was involved in the completion of the positive feasibility study on the Cerro Blanco project in Guatemala while also having a leadership role at the Guatemala project site. Prior to that, he was the COO and director for Starcore International Mines, profitably operating the San Martin gold mine in Mexico.

Carlos Saban, BSc (Fremont project lead, geology) -- Mr. Saban is an accomplished mining geologist with expertise in mineralized systems, resource development and mine economics. He brings more than a decade of international exploration experience, having contributed to the discovery and expansion of three world-class mineral deposits across three continents. He began his career in Peru with Buenaventura, where he played a key role in advancing the geological understanding and resource growth of both greenfield and brownfield projects. Throughout his career, Mr. Saban has been involved in the identification, delineation and geological modelling of several NI 43-101-compliant, multimillion-ounce precious metals projects. Most recently, he contributed to the expansion of the resource at Silver X Mining's Nueva Recuperada silver project, helping grow the resource to more than 250 million ounces of silver.

Jonathan Hill, fellow AUSIMM, BSc (geologist) -- Mr. Hill is the founder and principal adviser of Exploration Outcomes Ltd., with over 35 years of experience leading exploration, project development and mining operations globally. He has actively directed several world-class gold and copper discoveries across both greenfield and brownfield projects. Mr. Hill held senior management roles at AngloGold Ashanti, where he spearheaded multimillion-dollar greenfield exploration programs in Brazil and Colombia. Seasoned in governance, exploration strategy and management, Mr. Saban currently serves as a director on the boards of Royal Road Minerals, Lavras Gold and Avanti Gold, and was previously involved with Jaguar Mining, where he led exploration program as VP, exploration, and added material ounces.

Martin Stratte, Esq (legal and permitting) -- Mr. Stratte is a natural resources and project development attorney who helps clients with property transactions, rezonings and permitting throughout the United States, including defence of permits that are challenged in court. He develops land use and environmental permitting strategies based on the local, state or federal approvals required for development. He often plays the role of quarterback on permitting teams and leads zoning- and land use-related discussions with lead agencies. He handles public hearings before planning and zoning boards and other permitting-related administrative hearings. His combination of permitting experience and first chair trial and appellate court litigation experience enhances his representation of clients through the life cycle of a project, from planning through development. He is now one of the leading permitting advisers in California mining projects.

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 World War II. It was mined at 10.7 grams per tonne when price was gold was $35 per ounce. PEA was completed in 2023. The PEA was based on 1.16 Moz at 1.90 g/t Au within 19.0 Mt indicated, and 2.02 Moz at 2.22 g/t Au within 28 Mt inferred with a composite cut-off. MRE was updated in 2026; 89 per cent of the ounces were left unmined if we compare historical production with the company's current indicated resource. Average true widths at one g/t cut-off is 53 m. 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, MRE: 376,000 oz at 0.94 g/t within 12.5 Mt measured and indicated and 47,000 oz at 0.71 g/t within 2.1 Mt 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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