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High Priority Reduced Intrusion-Related Gold System (RIRGS) Drill Targets: Coincident Bismuth-Tellurium-Gold Anomalies
(via TheNewswire)
March 18, 2026 – TheNewswire - Lode Gold’s (LOD:TSXV | LODFF:OTBQB) previous wholly owned subsidiary, Gold Orogen Resources Inc (CSE:OROG) (the “Company” or “Gold Orogen”), is pleased to announce exploration plans at Golden Culvert & WIN projects in Yukon. Gold Orogen (1475039 B.C. Ltd.) is a pre-discovery exploration play with quality assets in Yukon and New Brunswick. Optionality exists as assets are diversified on two mineral belts that are known to have prolific gold endowments.
The successful 2025 season was designed to further investigate targets across the 27 km mineralized trend which were ranked after a property wide data compilation, airborne geophysics using the SQUIDT system, and AI targeting using VRIFY’s DORA platform. SQUIDT stands for Superconducting Quantum Interference Device which is up to 10,000x more sensitive than conventional magnetometers. The relationship between magnetic highs and lows helps to map out intrusive rocks and the associated hornfelsed sediments surrounding them and when combined with geochemistry can support identification of Reduced Intrusion Related Gold Systems (RIRGS).
Exploration plans for 2026 will focus on additional sampling and drilling of 3-5 high priority targets with key geological and structural characteristics consistent with the Company’s exploration model. The three RIRGS targets are Border, Steelhead and Stingray. The two orogenic targets are Spine and Golden Dragon.
Border is the highest priority drill target and is situated on the WIN claim block (Figure 1).
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Grab samples with grade up to 8.5 g/t Au with many others 1 g/t Au.
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Sheeted quartz veins follow foliation over an area of roughly ~2 km x 300 m and occur at a density of up to 10 veins/m (Figure 2).
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Magnetic highs correspond to strongly hornfelsed rocks with elevated arsenic, tellurium and bismuth.
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Ranked highly in a broad range of VRIFY AI targeting exercises.
Spine is a new discovery from the 2025 field program and is situated at the south end of the Golden Culvert claim block (Figure 3) and had received no previous sampling.
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Grab samples with grade up to 0.111 g/t Au with visible galena and arsenopyrite.
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3 stacked quartz veins up to 1 m wide dipping to the north (Figure 4).
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Situated with linear magnetic high that extends 6 km northwest to the Golden Culvert target.
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Ranked more highly using orogenic models in VRIFY AI targeting exercises.
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Elevated bismuth evidenced in rocks at Stingray and Spine with SQUIDT overlay. (Figure 5).
Stingray was identified as a potential RIRGS target based on the 2024 SQUIDT survey and is situated 1.2 km southwest of Spine and had received no previous sampling.
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Grab samples with grade up to 0.114 g/t Au in a sample with abundant pyrite.
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Sheeted quartz veins on Stingray near strongly silicified fault breccia (Figure 6).
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Elevated bismuth and tellurium occur in a narrow shear zone associated with sheeted quartz veins and fault breccia suggesting an association with a RIRGS.
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Rarely appeared in any VRIFY AI targeting exercises.Click Image To View Full Size
Click Image To View Full Size
Figure 3: Lead in rocks at Spine (Grab samples with grade up to 0.111 g/t Au ) and Stingray targets with SQUIDT overlay. Spine is a new 2025 discovery with visible stacked quartz veins up to 1 m wide dipping to the north.
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Figure 4: Newly discovered quartz vein at the Spine target with visible galena and aresenopyrite.
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Figure 5: Elevated bismuth evidenced in rocks at Stingray and Spine with SQUIDT overlay.
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Figure 6: Sheeted quartz veins on Stingray near strongly silicified fault breccia.
Additional prospecting will be carried out at the Steelhead target which has also shown elevated bismuth and tellurium in preliminary sampling, and which was identified as a potential RIRGS target in the 2024 SQUIDT survey.
The Golden Dragon and Camp targets have also shown elevated gold and tellurium values and will be further investigated during the 2026 field season.
Qualified Person
The technical information contained in this press release was reviewed and approved by Gary Wong, P.Eng., Vice President Exploration of Lode Gold Resources Inc., designated as a Qualified Person under National Instrument 43-101.
About Lode Gold
Lode Gold has key assets in Canada and United States.
Fremont Gold Mine Project (Fremont Gold Mining LLC) is a brownfield project in Mariposa, California with 43,000 m drilled, 10,000 underground channel samples, 14 adits and 2 shafts. Mining halted in 1942 due to the gold mining prohibition during WW II. It was mined at 10.7 g/t when price was gold was $35 per oz. PEA was completed (link) in 2023. The PEA was based on 1.16 Moz at 1.90 g/t Au within 19.0 Mt Indicated, and 2.02 MOz at 2.22 g/t Au within 28 Mt Inferred with a composite cut-off1. MRE (link) was updated in 2025; 92% of the ounces were left unmined. Average true widths at 1g/t cut off is 53m. Project sits on > 3,000 acres of 100% owned private and patented land which is designated as OZ, Trump Administration Opportunity Zone (Special Tax Incentives).
Dingman Property is an orogenic deposit in Ontario, Canada with over 22,000 m drilled, with a 2013 PEA, MRE (link to report) : 376,000 oz at 0.94 g/t (M&I) and 47,000 oz at 0.71 g/t (Inferred.
About Gold Orogen
Gold Orogen (previously 1475039 B.C. Ltd, previously a subsidiary of Lode Gold Resources, is an early-stage exploration pure play with quality assets in the Yukon and New Brunswick, Canada. Optionality exists as assets are diversified on two mineral belts that are known to have prolific gold endowment.
A 19.9% strategic partner was brought in and a joint venture was formed to create one of the largest land packages in New Brunswick with mineral rights spanning 445km2.
The New Brunswick assets, McIntyre Brook and Riley Brook sit on a highly prospective belt that has seen many exciting discoveries including Dalradian, New Found Gold and Calibre Mining. Kinross- Puma surrounds McIntyre Brook.
In the Yukon, Golden Culvert/WIN sits on the southern end of the Tombstone Belt which in recent years has seen extensive exploration success. It has Reduced Intrusion (RIRGS) targets and sedimentary hosted orogenic mineralization. Over 4,500 m has been drilled with 50 gram meter intercepts.
ON BEHALF OF THE COMPANY
Wendy T. Chan CEO & Director [email protected] +1(604) 977-GOLD (4653) Kevin Shum Investor Relations [email protected] +1(604) 977-GOLD (4653)
Cautionary Statement Regarding Forward-Looking Information
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the use of proceeds, advancement and completion of resource calculation, feasibility studies, and exploration plans and targets. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “target”, “budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: the status of community relations and the security situation on site; general business and economic conditions; the availability of additional exploration and mineral project financing; the supply and demand for, inventories of, and the level and volatility of the prices of metals; relationships with strategic partners; the timing and receipt of governmental permits and approvals; the timing and receipt of community and landowner approvals; changes in regulations; political factors; the accuracy of the Company’s interpretation of drill results; the geology, grade and continuity of the Company’s mineral deposits; the availability of equipment, skilled labour and services needed for the exploration and development of mineral properties; and currency fluctuations.
There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include a deterioration of security on site or actions by the local community that inhibits access and/or the ability to productively work on site, actual exploration results, interpretation of metallurgical characteristics of the mineralization, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, business disruptions, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.
1 0.25 g/t for oxide, 0.45 g/t for open pit mineralization and 1.45 g/t for underground mineralization
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