Lode Gold Completes Environmental Baseline Data Consolidation for the Fremont Gold Mine Project

(TheNewswire)

March 02, 2026 – TheNewswire - Lode Gold Resources Inc (TSX.V: LOD |OTCQB:LODFF) (the “Company” or “Lode Gold”) is pleased to announce the completion of a comprehensiveconsolidation of historical and recent environmental baseline data forthe Fremont Gold Mine Project (“Fremont”) in Mariposa County,California.

The Company engaged an independent environmental consulting firm tocompile, review and integrate groundwater and surface water monitoringdata collected during prior campaigns in 1986–1987, as well as morerecent monitoring programs completed in 2022 and 2025. The workresulted in a unified and validated environmental database thatestablishes a multi-decade baseline dataset for the Fremont area.

Hydrochemical Characterization

Hydrochemical evaluation using Piper diagrams indicatesthat both groundwater and surface water samples are predominantlyclassified as calcium-magnesium-bicarbonate type waters. Thischaracterization is consistent with historical data sets.

No material changes in hydrochemical facies wereobserved relative to previous sampling events, indicating stablebaseline geochemical conditions over time.

Metals and Water QualityParameters

Metals detected during the monitoring programs includedarsenic, copper, manganese, and nickel.

Arsenic was detected at low concentrations in onegroundwater monitoring well, below the applicable drinking waterMaximum Contaminant Level (“MCL”). In surface water samples,arsenic concentrations were variable across locations, consistent withprior monitoring events and reflective of local geochemical conditionsobserved historically in the district.

All other detected metals were below their respectivedrinking water MCLs.

Measured pH values were neutral across all groundwater and surfacewater samples collected during all programs. The consistently neutralpH conditions indicate an absence of acid generation within themonitored system. This geochemical stability is consistent with thecarbonate alteration (listwaenitic alteration) of the originalophiolitic host rocks, which provides inherent buffering capacity. Inparticular, the presence of carbonate minerals such as ankeritecontributes to acid neutralization, functioning as a naturalgeochemical buffer and mitigating potential decreases in pH.

Turbidity levels were elevated in certain groundwatersamples, which is considered attributable to well samplingdisturbance. Surface water turbidity levels were comparatively low,and total suspended solids concentrations remained below applicablesecondary drinking water standards.

Baseline Implications

The last 2025 monitoring results are consistent withhistorical baseline data and demonstrate continuity in groundwater andsurface water quality conditions across the property. The programfurther strengthens the environmental baseline database for theFremont project and provides an expanded, current dataset to supportongoing environmental characterization and future regulatoryengagement as project planning advances.

This consolidated environmental baseline will form part of thetechnical foundation for the Pre-Feasibility Study (PFS) planned for2026 and early 2027 and is expected to support future environmentalpermitting processes as Fremont advances.

Wendy T. Chan, CEO of Lode Gold, commented:

“The completion of thismulti-decade environmental data consolidation marks another importantmilestone for Fremont. Establishing a robust and defensible baselinestrengthens our technical foundation as we advance toward the PFSstage and demonstrates the steady, methodical progress we are makingacross engineering, environmental and permitting workstreams. Fremontcontinues to move forward in a disciplined manner toward developmentreadiness.”

About Lode Gold

Lode Gold has key assets in Canada and United States. 

Fremont Gold Mine Project (FremontGold 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 miningprohibition during WW II. It was mined at 10.7 g/t when price was goldwas $35 per oz. PEA was completed (link) in 2023. The PEA wasbased on 1.16 Moz at 1.90 g/t Au within 19.0 MtIndicated, and 2.02 MOz at 2.22 g/t Au within 28 Mt Inferred with acomposite cut-off1. MRE (link) was updated in 2025;92% of the ounces were left unmined. Average true widths at 1g/t cutoff is 53m. Project sits on > 3,000 acres of 100% owned private andpatented land which is designated as OZ, Trump AdministrationOpportunity Zone (Special Tax Incentives). 

Dingman Property is anorogenic deposit in Ontario, Canada with over 22,000 m drilled, with a2013 PEA, MRE (link to report) : 376,000 ozat 0.94 g/t (M&I) and 47,000 oz at 0.71 g/t (Inferred.

Qualified Person

The technical information contained in this press release was reviewedand approved by Gary Wong, P.Eng., Vice President of Exploration ofLode Gold, designated as a qualified person under National Instrument43-101.

ON BEHALF OF THE COMPANY

Wendy T. Chan
CEO & Director
info@lode-gold.com  
+1(604) 977-GOLD (4653) 

Kevin Shum
Investor Relations
kevin@lode-gold.com                                                    
+1(604) 977-GOLD (4653) Cautionary Statement RegardingForward-Looking Information

Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.

This news release includes “forward-lookingstatements” and “forward-looking information” within the meaningof Canadian securities legislation. All statements included in thisnews release, other than statements of historical fact, areforward-looking statements including, without limitation, statementswith respect to the use of proceeds, advancement and completion ofresource calculation, feasibility studies, and exploration plans andtargets. Forward-looking statements include predictions, projectionsand forecasts and are often, but not always, identified by the use ofwords 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” occuror be achieved and other similar expressions and includes thenegatives thereof.

Forward-looking statements are based on a number ofassumptions and estimates that, while considered reasonable bymanagement based on the business and markets in which the Companyoperates, are inherently subject to significant operational, economic,and competitive uncertainties, risks and contingencies. These includeassumptions regarding, among other things: the status of communityrelations and the security situation on site; general business andeconomic conditions; the availability of additional exploration andmineral project financing; the supply and demand for, inventories of,and the level and volatility of the prices of metals; relationshipswith strategic partners; the timing and receipt of governmentalpermits and approvals; the timing and receipt of community andlandowner approvals; changes in regulations; political factors; theaccuracy of the Company’s interpretation of drill results; thegeology, grade and continuity of the Company’s mineral deposits; theavailability of equipment, skilled labour and services needed for theexploration and development of mineral properties; and currencyfluctuations.

There can be no assurance that forward-lookingstatements will prove to be accurate and actual results, and futureevents could differ materially from those anticipated in suchstatements. Important factors that could cause actual results todiffer materially from the Company’s expectations include adeterioration of security on site or actions by the local communitythat inhibits access and/or the ability to productively work on site,actual exploration results, interpretation of metallurgicalcharacteristics of the mineralization, changes in project parametersas plans continue to be refined, future metal prices, availability ofcapital and financing on acceptable terms, general economic, market orbusiness conditions, uninsured risks, regulatory changes, delays orinability to receive required approvals, business disruptions, andother exploration or other risks detailed herein and from time to timein the filings made by the Company with securities regulators,including those described under the heading “Risks andUncertainties” in the Company’s most recently filed MD&A. TheCompany does not undertake to update or revise any forward-lookingstatements, except in accordance with applicable law.

1 0.25g/t for oxide, 0.45 g/t for open pit mineralization and 1.45 g/t forunderground mineralization

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