Ms. Wendy Chan reports
LODE GOLD CLOSES RTO TRANSACTION, SUBSIDIARY GOLD
OROGEN ("OROG") TRADES MARCH 2, 2026
Lode Gold Resources Inc. subsidiary company 1475039 B.C. Ltd.: (i) closed its
plan of arrangement and reverse takeover transactions with the company and Great
Republic Mining on Feb. 26, 2026; and (ii) today received final
approval from the Canadian Securities Exchange for listing on the CSE as Gold Orogen
Resources, the resulting issuer of the RTO. Trading of Gold Orogen's common
shares on the CSE will commence on Monday, March 2, 2026, under the ticker symbol OROG.
"We are pleased to have the RTO completed, creating two separate public companies with their
specific trajectories for growth and value creation for shareholders. The strategy to unlock value is
now actively being executed at both companies. Gold Orogen has two highly prospective exploration
assets, prediscovery, for the best optionality for investors. Lode Gold has an advanced-stage
exploration/early-stage development project that are being rapidly advance to PFS spring 2027," said
Wendy T. Chan, chief executive officer and director.
Previously, in March, 2023, the company completed a National Instrument 43-101 preliminary economic assessment
on the Fremont gold mine. Project valuation has an after-tax net present value (5 per cent) of $554-million (U.S.) at
$2,300 per ounce gold, internal rate of return of 42 per cent and an 11-year life of mine, averaging 118,000 oz per year. At $1,750 per oz gold, NPV
(5 per cent) is $217-million. The PEA was done using an NI 43-101 resource of 1.16 million ounces at 1.90 grams per tonne Au within 19.0
million tonnes indicated and 2.02 Moz at 2.22 g/t Au within 28.3 Mt inferred. The mineral resource estimate evaluates only 1.4 kilometres of
the four-kilometre strike of Fremont property. Three stepout holes at depth (up to 1,200 metres) hit structure and
were mineralized.
All NI 43-101 technical reports are available on the company's profile on SEDAR+ and the company's website.
Additionally, Dingman, a non-core asset of Lode Gold, is getting primed for a near-term transaction.
The Dingman property is an orogenic deposit in Ontario, Canada, with over 22,000 m drilled, and a 2013
PEA, which confirms it is economic at $1,800 (U.S.) per oz Au, and an MRE at 376,000 oz (measured and indicated) and
47,000 oz (inferred).
Dingman is actively evaluating merger and acquisition or joint venture partnerships opportunities in the coming months.
The company has launched a program to develop a geological model, evaluating the project from a
underground perspective and pursuing high-grade ore shoots. The work will be completed shortly.
Gold Orogen will be initiating drill programs for both its New Brunswick and Yukon projects in 2026.
The details of each of the programs are being finalized shortly.
In Yukon, it has four high-priority drill targets, three of which are reduced intrusive (reduced intrusion-related gold systems) targets,
and one of which is a sedimentary-hosted orogenic target. This target was identified with the help of VRIFY's artificial intelligence,
consisting of stacked veins.
In New Brunswick, it has confirmed gold mineralized rhyolites and the same geology as what
Kinross-Puma has. It has recently completed first phase of drilling and is awaiting assay results.
No action required by Lode Gold shareholders to receive shares in Gold Orogen
All Lode Gold shareholders of record on the effective date will automatically receive a distribution of
Gold Orogen shares, based on the ratio of 0.5739 OROG share for every one Lode Gold share held on
the effective date. No action is required by Lode Gold shareholders to receive their OROG share
distributions, which have been processed by the company's transfer agent for immediate delivery.
The specific timing of OROG share receipt by individual shareholders may vary, as will be influenced
by how their Lode Gode shares were previously registered and the protocols of any intermediaries
involved administering their individual investment accounts.
About Lode Gold Resources Inc.
Lode Gold has key assets in Canada and United States.
The Fremont gold mine project (Fremont Gold Mining LLC) is a brownfield project in Mariposa,
Calif., with 43,000 metres drilled, 10,000 channel samples, 14 adits and two shafts. Mining halted in
1942 due to a gold mining prohibition during the Second Wordl War. It was mined at 10.7 g/t when price of gold was $35 per oz. The PEA was completed in 2023. The PEA was based on one Moz (M&I).
The MRE was updated in 2025; 92 per cent of the ounces were left unmined. Average true widths at on g/t
cut-off is 53 m. 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).
The
Dingman property is an orogenic deposit in Ontario, Canada, with over 22,000 m drilled, and a 2013
PEA and MRE of 6,000 oz (M&I) and 47,000 oz (inferred).
About Gold Orogen
Former Lode Gold subsidiary 1475039 B.C. Ltd. -- now Gold Orogen -- is an early-stage exploration
pure play with quality assets in the Yukon and New Brunswick, Canada. Optionality exists as assets
are diversified on two mineral belts that are known to have prolific gold endowment.
The New Brunswick assets, McIntyre Brook and Riley Brook, sit on a highly prospective belt that has
seen many exciting discoveries including Dalradian, New Found Gold and Calibre Mining. Kinross-Puma surrounds McIntyre Brook. As part of the formation of Gold Orogen, a 19.9-per-cent strategic partner
was brought in, and a joint venture was formed with each party contributing properties to create one
of the largest land packages in New Brunswick with mineral rights spanning 445 square kilometres.
In the Yukon, Golden Culvert/Win sits on the southern end of the Tombstone belt, which in recent
years has seen extensive exploration success. It has reduced intrusion-related gold system
targets and sedimentary-hosted orogenic mineralization. Over 4,500 m has been drilled
with 50 gram per metre intercepts.
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.
We seek Safe Harbor.
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