Curated News
By: NewsRamp Editorial Staff
February 19, 2026
Lode Gold Unveils New Block Model for Historic Fremont Gold Mine
TLDR
- Lode Gold's new block model using 7,000 historical samples could enhance resource estimates, potentially increasing mining efficiency and investor advantage at the Fremont Gold Project.
- Lode Gold is creating a new Mineral Resource Estimation block model by digitizing historical channel samples to reinterpret the Fremont deposit as a continuous mineralized body.
- This updated geological model supports sustainable bulk underground mining, potentially reviving a historic California mine while minimizing environmental impact through efficient resource extraction.
- The Fremont Gold Project, which helped start the 1849 California Gold Rush, is being re-evaluated with newly digitized historical data from its original mine workings.
Impact - Why it Matters
This development matters because it revitalizes a historic gold mine with modern mining techniques, potentially unlocking significant untapped resources. The Fremont project, part of the iconic California Gold Rush legacy, represents a substantial economic opportunity with 92% of its estimated resources remaining unexploited. By shifting to a bulk underground mining model and integrating thousands of historical samples, Lode Gold aims to enhance efficiency and reduce costs, which could lead to increased gold production and job creation in the region. For investors, this signals a strategic move toward scalable operations in a stable jurisdiction, potentially boosting the company's valuation and contributing to the global gold supply chain. Environmentally, brownfield projects like Fremont often have lower impacts than new mines, aligning with sustainable mining practices. This news highlights the ongoing relevance of historic mining districts in meeting future resource demands.
Summary
Lode Gold Resources Inc. has launched a transformative Mineral Resource Estimation block model for its flagship Fremont Gold Project in California, marking a significant advancement in the historic mine's development. The company, trading as TSX.V: LOD, is integrating over 7,000 previously unavailable historical underground channel samples—newly digitized from original mine maps—which dramatically increases data density in the historically mined areas. This enhanced dataset, combined with a strategic shift to model the deposit as a continuous mineralized body rather than discrete veins, aligns with Lode Gold's focus on bulk underground mining. The approach includes evaluating resources with a lower cut-off grade, supported by updated cost assumptions from local contractors, aiming to improve geological continuity and grade distribution confidence for wider mining scenarios.
Jonathan Hill, Director and Chair of the Technical Committee, emphasized that this new block model represents an important evolution in interpreting the Fremont deposit, better reflecting its scale and mining potential. The Fremont Gold Mine, a historic site dating back to the 1849 California Gold Rush, is an advanced brownfield project with 7 deposits along a 4km strike on the prolific Mother Lode Belt. Only 8% of the 2025 Mineral Resource Estimate has been exploited, leaving 92% for future mining, with extensive infrastructure including 23 km of underground workings and private land ownership. The project's technical details, including a recent NI 43-101 report, are accessible on the company's website, and further updates will follow the completion of the new estimation in accordance with NI 43-101 standards.
Beyond the Fremont project, Lode Gold holds exploration assets in Canada's Yukon and New Brunswick, through ventures like the Acadian Gold Joint Venture, showcasing its portfolio in safe mining jurisdictions. The company's internal scoping study and previous Preliminary Economic Assessment highlight the potential to resume operations at Fremont, leveraging its excellent infrastructure near Fresno. For more information, investors can view the original release on www.newmediawire.com, and access technical reports via SEDAR+ or the company's website, as the Qualified Person, Gary Wong, has approved this press release's technical content.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Lode Gold Unveils New Block Model for Historic Fremont Gold Mine
