Basin Energy (BSN:AU) has announced Rock Chip Results Confirm Polymetallic Potential
Download the PDF here.
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The US Federal Reserve held its second meeting of the year from Tuesday (March 18) to Wednesday (March 19) amid broad economic chaos caused by the Trump administration’s tariff threats.
As was widely expected, the central bank left interest rates at 4.25 to 4.5 percent, a range it set at its November meeting; it also said it will slow the pace at which it is shrinking its balance sheet.
In his post-meeting remarks, Chair Jerome Powell said the Fed remains focused on its dual mandate of maximum employment and price stability. He noted that labor market conditions are “solid” and said inflation has moved closer to the Fed’s 2 percent target, although he did acknowledge that it remains “somewhat elevated.”
The US consumer price index (CPI) was up 3 percent year-on-year in January, up slightly from 2.9 percent in December. CPI fell marginally in February to come in at 2.8 percent. The US personal consumption expenditures price index has also remained relatively flat, with a 2.5 percent year-on-year rise in January versus December’s 2.6 percent.
The sticky inflation numbers come against a backdrop of global uncertainty as US President Donald Trump implements and threatens tariff action. Tariffs could drive consumer prices higher on critical goods for US consumers, including new gasoline, homes and cars, as the US relies on oil, lumber and steel imports from Canada.
Powell noted that uncertainty is running high with Trump now in office, saying that his administration is making policy changes in four key areas: trade, immigration, fiscal policy and regulation.
“It is the net effect of these policy changes that will matter for the economy and the path of monetary policy. While there have been recent developments in some of these areas, especially trade, uncertainty around changes and their economic outlook is high,” Powell said, adding that the Fed is focusing on ‘separating the signal from the noise.’
The Fed will adjust its policy based on incoming data, and is well positioned to wait for greater clarity.
When asked by a reporter why the Fed is still predicting two rate cuts this year despite waning consumer sentiment, Powell emphasized that the data shows the economy has remained strong.
“I would tell people that the economy seems to be healthy; we understand that sentiment seems to be quite negative at this time, and that probably has to do with turmoil at the beginning of an administration,” he said.
Following the Fed’s announcement, the gold price spiked to a new record high in the US$3,045 per ounce range. The silver price declined for most of the morning, but moved up after the Fed decision, staying above US$33.50 per ounce.
The S&P 500 (INDEXSP:INX) climbed 1.04 percent to 5,675, while the Nasdaq-100 (INDEXNASDAQ:NDX) rose 1.25 percent to 19,707 and the Dow Jones Industrial Average (INDEXDJX:.DJI) moved up 0.83 percent to 41,920.
Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.
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Here’s a quick recap of the crypto landscape for Wednesday (March 19) as of 9:00 p.m. UTC.
Bitcoin and Ethereum price update
Bitcoin (BTC) is currently trading at US$85,406.50, a 3.9 percent increase over the past 24 hours. The day’s trading range has seen a low of US$83,774.65 and a high of US$85,888.99.
Bitcoin performance, March 19, 2025.
Chart via TradingView.
Ethereum (ETH) is priced at US$2,032.78, marking a 6.7 percent increase over the same period. The cryptocurrency reached an intraday low of US$2,007.43 and a high of US$2,055.77.
Altcoin price update
- Solana (SOL) is currently valued at US$132.97, up 7.1 percent over the past 24 hours. SOL experienced a low of US$128.10 and a high of US$133.60 on Wednesday.
- XRP is trading at US$2.49, reflecting a 10.2 percent increase over the past 24 hours. The cryptocurrency recorded an intraday low of US$2.48 and a high of US$2.57.
- Sui (SUI) is priced at US$2.43, showing a 6.9 percent increase over the past 24 hours. It achieved a daily low of US$2.36 and a low of US$2.47.
- Cardano (ADA) is trading at US$0.7324, reflecting a 5.3 percent increase over the past 24 hours. Its lowest price on Wednesday was US$0.7225, with a high of US$0.7436.
Crypto news to know
US lawmakers aim for August deadline on crypto regulations
Speaking at Blockworks’ Digital Asset Summit in New York on Wednesday, Blockchain Association CEO Kristin Smith said US lawmakers are on track to establish rules for stablecoins and cryptocurrency market structure by August.
“I think we’re close to being able to get those done for August … they’re doing a lot of work on that behind the scenes right now,” Smith said at the event, which was attended by Cointelegraph.
Speaking at the summit on Tuesday (March 18), Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, said legislation is “imminent” following the Senate Banking Committee’s approval of the GENIUS Act last week. “I think that stables could be on the president’s desk here in the next two months,” Hines said.
Institutional crypto investment on the rise
A recent report from Coinbase and EY-Parthenon reveals that institutional investors are increasing their engagement with cryptocurrencies in 2025. The survey, conducted in January with responses from 352 institutional investor firms, shows that 83 percent plan to increase their crypto allocations this year.
Furthermore, 59 percent intend to allocate over 5 percent of their assets under management to crypto, and 73 percent already hold assets beyond Bitcoin and Ethereum, with SOL and XRP being the most popular. Additionally, 68 percent of respondents indicated a likelihood to purchase single-asset exchange-traded products for SOL and XRP.
Coinbase highlights the survey’s results in a press release, stating that ‘all signs indicate positive momentum’ for institutional crypto engagement in 2025, with increasing allocations, expanding use cases and adoption of new products.
Bernstein issues bullish rating for Coinbase
Bernstein’s Gautam Chhugani gave a bullish ‘outperform’ rating and a US$310 price target for cryptocurrency exchange platform Coinbase (NASDAQ:COIN), betting on the Trump’s administration’s plans for a US digital asset framework to boost the crypto industry. Chhugani also foresees growth in the US market offsetting competition, and highlighted the strong momentum in Coinbase’s subscription and services business.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) (‘Nuclear Fuels’ or the ‘Company’) announces with profound sadness, that Mr. Eugene Spiering a valued member of Nuclear Fuels’ Board of Directors, passed away earlier this week.
Eugene (Gene) Spiering was a well-respected geologist, globally renown for his work in uranium exploration with over 35 years of international experience in mineral exploration and senior level project management in the western United States , South America , and Europe . Gene’s work on the Kaycee Uranium District in the early 1980s provided the foundational geological framework for Nuclear Fuels’ flagship project. He served as a project geologist for Energy Fuels Nuclear in the 1990s, and during his tenure as Vice President of Exploration for Quaterra Resources, discovered the only two new uranium deposits in Arizona . More recently, as a member of the Company’s Board of Directors, his firsthand knowledge of the Kaycee area was invaluable and key to the exploration success on the Project thus far.
Greg Huffman , Chief Executive Officer, commented: ‘It is with great sadness we announce the loss of Gene as a director of the Company. He will be remembered as an icon in the uranium geological community, as well as for his friendly and outgoing nature. Our thoughts are with his family and loved ones.’
About Nuclear Fuels Inc.
Nuclear Fuels Inc. is a uranium exploration company advancing early-stage, district-scale In-Situ Recovery (‘ISR’) amenable uranium projects towards production in the United States of America . Leveraging extensive proprietary historical databases and deep industry expertise, Nuclear Fuels is well-positioned in a sector poised for significant and sustained growth on the back of strong government support. Nuclear Fuels has consolidated the Kaycee district under single-company control for the first time since the early 1980s. Currently planning its 2025 drill program following successful 2023 and 2024 drilling, the Company aims to expand on historic resources across a 35-mile trend with over 430 miles of mapped roll-fronts defined by 3,800 drill holes. The Company’s strategic relationship with enCore Energy Corp., America’s Clean Energy Company, offers a mutually beneficial ‘pathway to production,’ with enCore owning an equity interest and retaining the right to back-in to 51% ownership in the flagship Kaycee Project in Wyoming’s prolific Powder River Basin.
Forward-Looking Information
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘expect’, ‘potential’, ‘believe’, ‘intend’ or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to planned exploration programs and the results of additional exploration work in seeking to establish mineral resources as defined in NI43-101 on any of our properties. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with the completing planned exploration programs and the results of those programs; the ability to access additional capital to fund planned and future operations; regulatory risks including exploration permitting; risks associated with title to our mineral projects; the ability of the company to implement its business strategies; and other risks including risks contained in documents available for review at www.sedar.com under the Company’s profile. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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SOURCE Nuclear Fuels Inc.
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Falco Resources Ltd. (TSX.V: FPC) (‘ Falco’ or the ‘ Company’ ) is pleased to publish the results of an independent survey of the population of Rouyn-Noranda and Abitibi-Témiscamingue conducted by Léger regarding the understanding and social acceptability of the Falco Horne 5 underground mine project (the ‘ Project’ ).
Three out of four people support the Project
The results show that Falco enjoys strong majority support in Rouyn-Noranda, where 72% of respondents are in favour of the Horne 5 Project, and in Abitibi-Témiscamingue, where support reaches 74%. These results demonstrate the population’s significant support for the Project, particularly given its economic spin-offs and positive impact on employment.
Trust in Falco
Respondents recognize the benefits the Project will bring to the region, emphasizing its key role in local and regional economic growth and job creation. Despite some concerns about environmental impacts, a strong majority of respondents (73%) are confident that Falco will work with civil society actors to ensure responsible implementation of the Project.
A Project for the common good
In addition, a high proportion of respondents (74%) felt that the Project should proceed for the community’s benefit, strengthening the legitimacy and social acceptability of the Falco Horne 5 Project in the region.
Hélène Cartier, Vice-President of Environment, Sustainable Development and Community Relations, stated: ‘As demonstrated by the numerous briefs submitted to BAPE, these results confirm the population’s strong support for our Project and our commitment to act responsibly. We will continue our concerted efforts with all stakeholders to ensure a mutually beneficial development. We believe this strong support justifies our request to the Québec government to deem the project acceptable.’
Luc Lessard, President and CEO, added: ‘These results are a testament to the broad support for the Project among Rouyn-Noranda residents, consistent with what we have been seeing for several years now. Falco has submitted to the authorities at the Québec government a mining development project that will be of great benefit to the city, the Abitibi-Témiscamingue region and all of Québec. It remains surprising, however, that after more than 8 years, the government has yet to recognize the Project’s conformity.’
The Company will continue its discussions with the Ministère de l’Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (the ‘ Ministère ‘) to have the Project’s compliance recognized and complete the environmental analysis.
Highlights
Favourability of the Project
- 73% of respondents were in favor of the Project (28% very favorable, 46% somewhat favorable)
- Only 15% are unfavorable (5% very unfavorable, 10% somewhat unfavorable).
Main reasons for being in favor
- 47% : Job creation
- 26% : Positive impact on the local economy
Main perceptions
- 86% believe the Project will have a positive economic impact
- 80% believe mining projects strengthen regional pride
- 73% are confident that Falco will make its project acceptable and aligned with applicable societal and environmental expectations
- 61% believe Falco will take public opinion into account
The survey was conducted from February 27 to March 9, 2025, among 500 Abitibi-Témiscamingue residents aged 18 and over. The presumed margin of error is ±4.38%, 19 times out of 20. The survey can be viewed by clicking on the following link: https://bit.ly/3RfaMlZ
The Falco Horne 5 Project features a state-of-the-art mining operation that maximizes the use and rehabilitation of previously disturbed sites such as Quemont and Norbec. The Project will generate significant economic benefits, contributing approximately $3.8 billion to Québec’s GDP, including $2.2 billion to the regional GDP, notably through the creation of 900 jobs during construction and 500 jobs during operations. By adding value to critical and strategic minerals, it will actively contribute to the energy transition and decarbonization of the economy.
ABOUT FALCO
Falco Resources is one of the largest mineral claim holders in the province of Quebec, with an extensive portfolio of properties in the Abitibi Greenstone Belt. Falco holds rights to approximately 67,000 hectares of land in the Noranda Mining Camp, which represents 67% of the camp and includes 13 former gold and base metal mining sites. Falco’s main asset is the Horne 5 Project located beneath the former Horne mine, which was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Development Corp. is Falco’s largest shareholder, with a 16% interest in the Company.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Hélène Cartier
Vice President, Environment, Sustainable Development and Community Relations
514 216-8611
hcartier@falcores.com
FOR MORE INFORMATION ON THE METHODOLOGY:
Éric Normandeau
Strategic consultant, Léger
514 245-0195
enormandeau@leger360.com
Neither 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.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements and information (collectively ‘ forward-looking statements ‘) within the meaning of applicable securities laws. These statements include references to the social acceptability and development of the Project, its economic spin-offs and positive impacts on employment, the benefits the Project will bring to the region, its key role in local and regional economic growth and job creation, and public support for the Project.
These statements are based on information currently available to the Company, and the Company provides no assurance that actual results will meet management’s expectations. The occurrence of such events or the making of such statements are subject to several risk factors, including, without limitation, the risk factors identified in Falco’s annual management report and other continuous disclosure documents available at www.sedarplus.com .
Although Falco believes that the assumptions and factors applied in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this press release, and there can be no assurance that such events will occur within the time frames disclosed or at all. As mentioned by Falco in its public disclosure and previous press releases, certain major issues have been raised by the Ministère in connection with the development of the Project and in the BAPE process, including the Project’s compliance with section 197 of the Règlement sur l’assainissement de l’atmosphère (RAA). There can be no assurance or guarantee that the Ministère will change its position with respect to the application of section 197 of the RAA to the Project, that Falco will be able to respond to the Ministère’s numerous additional requests in a timely manner or that Falco will be able to raise the funds necessary to pursue the additional studies requested by the Ministère, which could materially delay or prevent the granting of the required authorizations and thus adversely affect the development of the Project and Falco’s financial condition. Except as required by applicable law, Falco disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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Here’s a quick recap of the crypto landscape for Monday (March 17) as of 9:00 p.m. UTC.
Bitcoin and Ethereum price update
Bitcoin (BTC) is currently trading at US$84,430.77, a 1.3 percent increase over the past 24 hours. The day’s trading range has seen a high of US$84,583.84 and a low of US$82,669.84.
Despite the recent market downturn, traders are now seeing historical patterns that suggest Bitcoin’s price could rise. Network economist Timothy Peterson said a repeat of Bitcoin’s historical pattern could mean that the token could hit a new ATH, potentially around US$126,000, by June.
Bitcoin performance, March 17, 2025.
Chart via TradingView.
Ethereum (ETH) is priced at US$1,940.40, marking a 2.9 percent increase over the same period. The cryptocurrency reached an intraday high of US$1,949.66 and a low of US$1,892.89.
Ether’s price has been stuck below US$2,000 for several reasons that indicate a risk-off sentiment for investors, including declining network activity and decreasing TVL, negative spot Ethereum ETF flows and weak technicals.
An analysis shows the potential of a bear flag forming, which could mean more downside in the coming days. Testing of Ethereum’s Pectra upgrade is set to begin on Hoodi today, and the upgrade will be launched 30+ days after Hoodi forks successfully.
Altcoin price update
- Solana (SOL) is currently valued at US$129.70, up 2.1 percent over the past 24 hours. SOL experienced a high of US$130.53.61 and a low of US$125.97 on Monday.
- XRP is trading at US$2.36, reflecting a 2.6 percent increase over the past 24 hours. The cryptocurrency recorded an intraday high of US$2.38 and a low of US$2.31.
- Sui (SUI) is priced at US$2.36, showing a 5.2 percent increase over the past 24 hours. It achieved a daily high of US$2.37 and a low of US$2.27.
- Cardano (ADA) is trading at US$0.7251, reflecting a 3.4 percent increase over the past 24 hours. Its highest price on Friday was US$0.7291, with a low of US$0.7150.
Crypto news to know
CME launches Solana futures
The highly anticipated launch of Solana (SOL) futures trading on the Chicago Mercantile Exchange (CME) saw its inaugural block trade completed on Sunday evening. Digital asset prime broker FalconX announced the completion of the inaugural block trade of Solana (SOL) futures contracts with financial services company StoneX acting as the counterparty.
This transaction occurred amidst a period of notable volatility for SOL. Leading up to March 17, the price of SOL experienced a decline, coinciding with reductions in both network transaction volume and Total Value Locked (TVL).
Additionally, open interest in SOL has decreased significantly, and technical analysis suggests a potential further price drop of up to 35 percent. Analysts have identified the US$120 level as a critical support threshold; a breach of this level could lead to a test of support at US$110.BNY Mellon deepens ties with Circle for stablecoin services
Financial giant BNY Mellon is expanding its services to include digital assets by partnering with stablecoin giant Circle. This collaboration will allow select BNY Mellon clients to send and receive funds to and from Circle, and to buy and sell Circle’s USDC stablecoins. This move signifies the increasing acceptance of stablecoins in traditional finance and demonstrates BNY Mellon’s dedication to innovation and adapting to client needs.
Strategy’s latest Bitcoin purchase
Strategy announced its latest Bitcoin purchase on Monday, acquiring 130 Bitcoins for around US$10.7 million in cash, at an average price of roughly US$82,981 per Bitcoin. This marks the company’s smallest acquisition on record, made using proceeds from the “STRK ATM,” a new Strategy program looking to raise up to US$21 billion in fresh capital to acquire more Bitcoin. Strategy is now just 774 tokens shy of 500,000.
Ripple Labs plans cryptocurrency custody expansion
Ripple Labs, the company behind XRP, appears to be planning an expansion into cryptocurrency custody, according to a trademark application for “Ripple Custody” dated February 25.
The filing also reveals plans for downloadable software to custody and manage various currencies, including crypto and fiat, suggesting Ripple may be developing a cryptocurrency wallet, a service it doesn’t currently offer. Providing wallet services would also generate new revenue for Ripple through transaction fees.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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Toronto-based Velox Energy Materials ( TSXV:VLX) provided an update on its ASX listing on Monday (March 17), saying it continues to seek a path forward after its application was denied last September.
According to Velox, the ASX said the company’s Kotai hydrogen project, and the proposed activities and obligations associated with Kotai, are too early stage to form part of its listing assets.
Kotai is located in Perth, while Velox’s flagship North Queensland vanadium project (NQVP) is in Queensland.
When Velox announced plans to dual list in August 2024, CEO Simon Coyle said it was “only logical” that the company would seek further exposure to Australian investors via a dual listing on the ASX.
At the time, the company also received a commitment of AU$4 million to AU$5 million from Queensland Investment Corporation’s Critical Minerals and Battery Technology Fund (QCMBTF) to advance the NQVP.
Velox said it actively engaged with QCMBTF throughout the ASX listing process and potential divestment of the Kotai hydrogen project, with QCMBTF agreeing to extend the long stop date to March 21, 2025.
“However, due to various uncertainties, primarily related to the divestment timeline of the Kotai Hydrogen project and its impact on the dual listing process, the company has agreed with QCMBTF to not extend the long stop date beyond 31 March 2025 and to terminate documentation relating to the QCMBTF’s investment,” Velox wrote.
The company said it remains committed to divesting Kotai, exploring alternatives and maximising shareholder value.
Kotai is a research project by Velox in collaboration with experts from Curtin University in Perth. It explores the viability of utilising sodium borohydride as a secure hydrogen carrier, enabling on-demand deployment wherever needed.
The NQVP remains a priority for Velox, with a second exploration target defined in May 2024.
To preserve cash, the company said it will make management and board changes. Coyle is stepping down as CEO and president, and will give up his board seat by March 31; Mark Connelly will also resign from the board.
Nicole Morcombe, a director at Velox, will take over as interim CEO and president. She will retain her position as director, as will Michael Griffiths; Vincent Algar of Tennant Minerals (ASX:TMS) is joining the board as its third director.
Velox will be settling a portion of its debt, issuing 919,483 shares at C$0.06 each to pay outstanding director fees of C$55,169 to Connelly. The company is also planning to issue shares to save cash for future operations.
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
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Inca Minerals (ASX:ICG) is an Australian exploration company focused on uncovering high-grade gold and gold-antimony mineralization. The company recently acquired Stunalara Metals, a transformational deal that enhances its exploration assets.
Inca Minerals’ flagship Hurricane Project in Northern Queensland presents exceptional exploration potential, benefiting from a highly prospective geological setting. With record gold prices and rising demand for critical minerals, Inca is strategically positioned to seize this growing market opportunity.
Gold and antimony prospects at the Hurricane project
Inca Minerals is committed to advancing its flagship Hurricane Project through a high-impact exploration strategy. The company plans to launch a shallow drilling program in Q2 2025, targeting high-priority gold-antimony mineralization identified through rock chip sampling and structural mapping.
Company Highlights
- The flagship Hurricane project in Northern Queensland features exceptional gold and antimony grades, with assays returning up to 81.5 g/t gold and 35.1 percent antimony. Despite its strong potential, the project remains undrilled, offering a first-mover advantage in an underexplored high-grade system.
- A shallow, cost-effective drilling campaign in Q2 2025 aims to define a maiden gold-antimony resource at Hurricane, with the potential to deliver rapid upside for shareholders.
- Inca Minerals’ acquisition of Stunalara Metals significantly expands its footprint across Queensland, Tasmania and Western Australia, strengthening its exposure to high-value gold and critical minerals like antimony.
- With China restricting antimony exports and global supply tightening, Inca is well-positioned to benefit from rising demand across the energy storage, defense and high-tech sectors.
- Northern Queensland has seen limited modern exploration compared to Western Australia. Inca is leveraging advanced techniques to uncover new high-grade gold-antimony systems.
- Led by an experienced team with a track record of discovery success, Inca maintains a disciplined capital allocation strategy to maximize shareholder value
This Inca Minerals profile is part of a paid investor education campaign.*
Click here to connect with Inca Minerals (ASX:ICG) to receive an Investor Presentation
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Lode Gold (TSXV:LOD) owns three key orogenic gold assets with a proven gold endowment. Its flagship Fremont Gold Project, located on the Mother Lode Belt in Mariposa County, California, sits on patented private land. Lode Gold is the first owner since mining was suspended in 1942 to explore the site’s underground mining potential. Fremont boasts a gold resource of 1.16 Moz (Indicated) and 2.02 Moz (Inferred), underscoring its strong development prospects.
Lode Gold is spinning out its Canadian assets into a new company, Gold Orogen, which holds projects in Yukon and New Brunswick. Backed by $3 million raised in October 2024, Gold Orogen is well-funded for exploration. Additionally, Lode Gold is securing an extra $1.5 million, ensuring that drilling will take place during the 2025 exploration season.
The Fremont Gold Project spans a 4 km strike along California’s historic Mother Lode Belt, on 3,351 acres of privately patented land in Mariposa County. Lode Gold is launching a 2025 drilling campaign targeting an additional 400,000+ ounces of gold, further strengthening Fremont’s resource base and development potential.
Company Highlights
- Lode Gold has three key orogenic assets with proven gold endowment.
- Strong management and technical team led by Wendy T. Chan who has over 20 years of experience developing and executing strategic plans for Fortune 500 companies and entrepreneurial companies.
- Tight share structure, where four family offices and institutional funds owning over 60 percent.
- The company’s flagship Fremont project boasts a resource of 1.16 Moz of gold and 2.02 Moz of gold in the Indicated and Inferred categories, respectively.
- 2025 MRE 1.3 Moz of gold at 4.4 g/t Au (previously mined in the 1930s at 10.7 g/t)
- Upside potential; only 8 percent of the total 2023 MRE resources has been exploited; mostly in the first 250 m; much has been left unmined.
- Brownfield with 23 km of underground workings and over 43,000 m drilled (cores preserved)
- The deposit remains open along strike and at depth (three step out holes at depth over 1300 m hit structure and were mineralized) over 43 000 m have been drilled.
- Lode Gold will spin out its Canadian assets in the Yukon and New Brunswick into a new company called Gold Orogen to unlock value.
This Lode Gold Resources profile is part of a paid investor education campaign.*
Click here to connect with Lode Gold Resources (TSXV:LOD) to receive an Investor Presentation
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