Stratabound Minerals ( (TSE:LOD) ) has issued an announcement.
Lode Gold Resources Inc. has successfully closed its first tranche of a non-brokered private placement, raising $790,186 to advance its projects in California and Yukon. The funds will be used for geological mapping, soil sampling, and channel sampling in Yukon, as well as completing a Preliminary Economic Assessment and moving towards a pre-feasibility study at the Fremont project in California. This financing supports Lode Gold’s strategic efforts to enhance its resource base and progress its exploration activities, potentially strengthening its position in the gold mining industry.
More about Stratabound Minerals
Lode Gold Resources Inc. is an exploration and development company operating in Canada and the United States. It focuses on gold mining projects in highly prospective and safe jurisdictions, including the Golden Culvert and WIN Projects in Yukon, the Acadian Gold JV Co in New Brunswick, and the Fremont Gold project in California. The company aims to explore and develop high-grade gold mineralized trends and brownfield projects with significant historical production potential.
YTD Price Performance: 25.00%
Average Trading Volume: 11,122
Technical Sentiment Signal: Buy
Current Market Cap: C$8.99M
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