Toronto, Ontario–October 15, 2024– Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) is pleased to announce the interpretation of data from the QMAGT survey conducted in summer 2024. The initial findings reveal a new high-priority target named “Steelhead” on the WIN property, extending the emerging Reduced Intrusion Related Gold System (RIRGS) targets. A future news release will explore additional findings to include Lode’s flagship Golden Culvert property as part of an ongoing geological evaluation to establish a potential genetic relationship highlighted by the new QMAGT data between RIRGS mineralization at WIN and the orogenic mineralization at Golden Culvert.
Key highlights from the findings include:
– Identification of a new high-priority prospect named “Steelhead” covering a 4km2 area of hornfels in the eastern part of the property.
– Increased prospectivity with the presence of anomalous gold and bismuth results in stream sediment samples from the new 4km2 area.
– Mapping of targeted intrusions and hornfels as magnetic lows and highs, respectively, aiding in the identification of new mineralized zones.
The research conducted builds upon previous discoveries, including the Border Gold Zone, which contains a sheeted vein system with gold values up to 8.3 g/t. The report also outlines a regional setting, the RIRGS model, and how well the WIN project aligns with this model.
By utilizing a combination of geological, geochemical, and magnetic data, Lode Gold aims to identify high-potential drilling targets for the future. The Company remains committed to advancing its exploration projects in Canada and the United States, emphasizing safety and environmental stewardship in its operations.
For further information on Lode Gold Resources Inc., please visit their official website or contact the company directly for inquiries.
Disclaimer: This content is for informational purposes only and should not be considered as financial advice. Investing in mining exploration carries risks and uncertainties that should be carefully considered before making any investment decisions.
