Stratabound Minerals ( (TSE:LOD) ) has shared an update.
Lode Gold Resources Inc. has announced the results of its 2025 Mineral Resource Estimation at the Fremont Gold project in Mariposa County, California. The estimation reveals 1.198 million ounces of recoverable gold at a grade of 3.97 g/t, with an average true width of 16.8 meters. The project is located on privately owned land with historical significance, being part of the original California Gold Rush area. The company plans to undertake an exploration program to upgrade resources, with a budget of $500,000 and a lead time of six months. This initiative aims to optimize underground mining methods and improve project economics.
More about Stratabound Minerals
YTD Price Performance: 11.11%
Average Trading Volume: 13,208
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$8M
See more data about LOD stock on TipRanks’ Stock Analysis page.