Stratabound Minerals ( (TSE:LOD) ) has provided an update.
Lode Gold Resources Inc. has announced its 2025 exploration targets for Gold Orogen, its soon-to-be-spun-out subsidiary. The exploration program focuses on McIntyre Brook in New Brunswick, where recent surveys have identified promising gold-in-soil and electromagnetic anomalies. These findings suggest a significant potential for gold-copper discoveries, enhancing the company’s strategic position in the under-explored yet promising Atlantic Canada region. The joint venture with Fancamp, forming Acadian Gold, further strengthens their land holdings, making it one of the largest on the Iapetus Suture Belt.
More about Stratabound Minerals
Lode Gold Resources Inc. operates in the mining industry, focusing on gold exploration and development. The company is preparing to spin out its subsidiary, Gold Orogen, into a separate public entity, which will focus on exploring the Iapetus Suture Belt in New Brunswick, an area known for its potential in gold and polymetallic mineral deposits.
YTD Price Performance: 8.57%
Average Trading Volume: 14,384
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$7.6M
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