Ms. Wendy Chan reports
LODE GOLD APPOINTS PATRICK W. GARRETSON AS SENIOR TECHNICAL ADVISOR - ADDS MAJOR MINING COMPANY EXPERIENCE TO FREMONT GOLD MINE
Lode Gold Resources Inc. has appointed Patrick W. Garretson as senior technical adviser to the Fremont gold mine.
Mr. Garretson brings 35 years of international mining experience with some of the world's leading major mining corporations, including South32, Newmont, Goldcorp, Barrick and BHP Billiton. His career has been balanced between mine operations, mine development and the technical planning required to advance mining projects from resource definition, permitting and mine planning through feasibility studies and development.
Most recently, as project lead, managing technical services and feasibility study for South32's Hermosa project in Arizona, he was instrumental for the positive and successful delivery of the Taylor-Hermosa feasibility study, overseeing mine design, permitting and planning. His background includes senior leadership roles where he led life-of-mine planning, resource and reserve development, feasibility studies, and technical services, providing extensive expertise in project management, evaluation, design and advancement of mining operations.
Throughout his career with major mining corporations, he has held progressively senior technical and corporate positions with direct responsibility for resource and reserve modelling, mine planning, life-of-mine strategy, and technical studies. He completed his BSc in geology at Fort Lewis College and is an active member of the Geological Society of Nevada, Arizona Geological Society, and Australasian Institute of Mining and Metallurgy.
Wendy T. Chan, chief executive officer and director of Lode Gold, stated: "Patrick's extensive experience is highly relevant and valuable to the current stage of development at Fremont gold mine, where we are conducting engineering studies to ascertain mine planning and permitting. Upcoming critical milestones include: internal scoping study, expansion drilling, resource upgrade, initiation of environmental and permitting, optimizing mine planning, PFS, FS, and mine construction. These are all stages of mine development that Patrick has expertise in as a seasoned mine operator at majors. We look forward to having Patrick's experience and technical leadership support the continued advancement of the Fremont gold mine."
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 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 the price of 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 million ounces at 2.22 g/t Au within 28 Mt inferred with a composite cut-off. Average true widths at one g/t cut-off is 53 metres. A mineral resource estimate was updated in 2026. Eighty-nine per cent of the ounces were left unmined if the company compares historical production with its current indicated resource. 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 metres drilled, with a 2013 PEA and an 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 of exploration of Lode Gold, designated as a qualified person under National Instrument 43-101.
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