Lode Gold's Spin Co, Gold Orogen, Completes Fall Drill Program At Mcintyre Brook

(TheNewswire)

VANCOUVER, BritishColumbia – TheNewswire - February 23,2026 –Lode Gold Resources Inc.(TSXV: LOD) (OTCQB: LODFF) (“Lode Gold” orthe “Company”) is pleased to announcethat its subsidiary, Gold Orogen and its JV Partner has completed thedrill program at one of its key assets in New Brunswick. This asset is situated in of a district scale, 445 km² landpackage located in a highly prospective regionfor gold and polymetallic mineral discovery, in northern New Brunswick.

Gold Orogen and its JV partner holds one of the largest under-explored claims groups in thisemerging gold camp, with two key properties; McIntyre Brook, adjacentto Puma Exploration’s Williams Brook Project (which holds an option agreement withKinross Gold), and Riley Brook, a significantlysized property surrounded by claims recently acquired by KenorlandMinerals. Based on recent results, McIntyreBrook demonstrates the hallmarks of a significant gold-copper discovery opportunity. The highlyencouraging results from a geochemistry and overburden stripping workprovided an excellent to a six (6) diamond drill hole programcompleted in late 2025. Assay results are pending.

Six drill holes targeting theextension of the Lynx Zone of the Williams Brook Project on theKinross-Puma ground.

Six diamond drill holes were completed, totaling 847.9meters.  They were designed to test for an extension toKinross-Puma’s Lynx Zone along a 3- km corridor of geochemicalanomalies.  Samples have been submitted for assays and results arepending.

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Figure 2: 2024 – 2025 trench locations and 2025 drill hole locationstargeting Williams Brook extension

Figure 3:  Looking west towards site of  drill hole MB25-01

About Lode GoldInc.

Lode Gold (TSXV: LOD) is an exploration and developmentcompany with projects in highly prospective and safe miningjurisdictions in Canada and the United States.  

In Canada Lode Gold holds assets in the Yukon and NewBrunswick. Lode Gold’s Yukon assets are located on the southernportion of the prolific Tombstone Belt and cover approximately 99.5km2 across a 27 km strike. Over 4,500 m have been drilled on theYukon assets with confirmed gold endowment and economic drillintercepts over 50 metres. There are four reduced-intrusive targets(RIRGS), in addition to sedimentary-hosted orogenic explorationgold.

In New Brunswick, Lode Gold, through its subsidiary1475039 B.C. Ltd., has created one of the largest land packages inthe province with its Acadian Gold Joint Venture, consisting of anarea that spans 445 km2 with a 44 km strike. It has confirmed goldendowment with mineralized rhyolites.  

In the United States, the Company is focused on itsadvanced exploration and development asset, the Fremont Mine inMariposa, California. It has a recent 2025 NI 43-101 report andcompliant MRE that can be accessed here https://lode-gold.com/project/freemont-gold-usa/ 

Fremont was previously mined until gold miningprohibition in WWII, when its mining license was suspended. This assethas exploration upside and is open at depth (three step-out holes at1,300 metres hit structure and were mineralized) and on strike. Thisis a brownfield project with over 43,000 metres drilled, 23 kilometresof underground workings and 14 adits. The project has excellentinfrastructure with close access to electricity, water, statehighways, railhead and port.

The Company recently completed an internal scopingstudy evaluating the potential to resume operations at Fremont basedon 100% underground mining. Previously, in March 2023, the Companycompleted a Preliminary Economic Assessment (“PEA”) in accordancewith NI 43-101 which evaluated a mix of open pit and undergroundmining. The PEA and other technical reports prepared on theCompany’s properties are available on the Company’s profile onSEDAR+ (www.sedarplus.ca) and the Company’s website (www.lode-gold.com)  

QualifiedPerson

The technical information contained in this pressrelease was reviewed and approved by Gary Wong, P.Eng., Vice PresidentExploration of Lode Gold Resources Inc., designated as a QualifiedPerson under National Instrument 43-101.

ON BEHALF OF THE COMPANY 

Wendy T.Chan 
CEO &Director 

Information Contact: 

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

KevinShum 
InvestorRelations 
kevin@lode-gold.com                                
+1 (604) -977-GOLD(4653) 
 

Cautionary StatementRegarding Forward-Looking Information

Neither the TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

This news releaseincludes “forward-looking statements” and “forward-lookinginformation” within the meaning of Canadian securities legislation.All statements included in this news release, other than statements ofhistorical fact, are forward-looking statements including, withoutlimitation, statements with respect to the use of proceeds,advancement and completion of resource calculation, feasibilitystudies, and exploration plans and targets. Forward-looking statementsinclude predictions, projections and forecasts and are often, but notalways, identified by the use of words such as “anticipate”,“believe”, “plan”, “estimate”, “expect”,“potential”, “target”, “budget” and “intend” andstatements that an event or result “may”, “will”,“should”, “could” or “might” occur or be achieved andother similar expressions and includes the negativesthereof.

Forward-lookingstatements are based on a number of assumptions and estimates that,while considered reasonable by management based on the business andmarkets in which the Company operates, are inherently subject tosignificant operational, economic, and competitive uncertainties,risks and contingencies. These include assumptions regarding, amongother things: the status of community relations and the securitysituation on site; general business and economic conditions; theavailability of additional exploration and mineral project financing;the supply and demand for, inventories of, and the level andvolatility of the prices of metals; relationships with strategicpartners; the timing and receipt of governmental permits andapprovals; the timing and receipt of community and landownerapprovals; changes in regulations; political factors; the accuracy ofthe Company’s interpretation of drill results; the geology, gradeand continuity of the Company’s mineral deposits; the availabilityof equipment, skilled labour and services needed for the explorationand development of mineral properties; and currencyfluctuations.

There can be noassurance that forward-looking statements will prove to be accurateand actual results, and future events could differ materially fromthose anticipated in such statements. Important factors that couldcause actual results to differ materially from the Company’sexpectations include a deterioration of security on site or actions bythe local community that inhibits access and/or the ability toproductively work on site, actual exploration results, interpretationof metallurgical characteristics of the mineralization, changes inproject parameters as plans continue to be refined, future metalprices, 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, and other exploration or other risks detailed herein and from timeto time in 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.

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