Lode Gold's Upcoming Spin Co, Gold Orogen, Defines 2025 New Brunswick Exploration Targets; Reports Gold-in-Soil and EM Anomalies Identifying Highly Prospective Mineralized Systems at McIntyre Brook

Core Viewpoint - Lode Gold Resources Inc. is set to spin out its subsidiary Gold Orogen as a separate public company in March 2025, with a focus on exploration targets in New Brunswick, particularly at McIntyre Brook, which shows promising mineralization potential [1][2]. Group 1: Exploration Targets and Findings - The 2025 exploration program will focus on newly identified targets at McIntyre Brook, where previous findings indicated gold endowment in mineralized rhyolites, consistent with surrounding properties [3][6]. - A small test drill program in 2019 at McIntyre Brook yielded a best intercept of 5.73 g/t Au over a broader 20 m zone of 1.20 g/t Au, reinforcing the area's potential for gold-copper discoveries [3][6]. - The HeliTEM² survey and soil geochemistry conducted in late 2024 revealed electromagnetic conductors and gold-in-soil anomalies, suggesting nearby gold mineralization [4][5]. Group 2: Joint Ventures and Land Packages - Gold Orogen has formed a joint venture with Fancamp, creating one of the largest land packages on the Iapetus Suture Belt, covering 445 km², which is considered highly prospective for gold and polymetallic minerals [2][13]. - The New Brunswick region is noted for its excellent infrastructure and geopolitics, making it an under-explored area with significant potential for mining activities [2]. Group 3: Future Plans and Statements - The company plans to conduct soil sampling and trenching in both McIntyre Brook and Riley Brook to generate and test drill targets, with field crews expected to begin work following the finalization of the exploration plan [8]. - The complete dataset from the 2024 exploration program has been received, and target generation for the 2025 exploration plan is progressing [8].