Ms. Wendy Chan reports

LODE GOLD APPOINTS DAVID SWETLOW AS CFO AND STRENGTHENS MANAGEMENT TEAM

Lode Gold Resources Inc. has appointed David Swetlow as chief financial officer. Mr. Swetlow is chief financial officer of the company's subsidiary 1475039 B.C. Ltd. (Gold Orogen), created to spin off its Yukon and New Brunswick mining property assets to unlock shareholder value, which is nearing the completion of going public through a reverse takeover transaction with Great Republic Mining.

The record date for determining the Lode Gold shareholders who are entitled to receive shares of SpinCo, Lode Gold's subsidiary 1475039 B.C. (Gold Orogen or OROG), will be set shortly. For each one common share of Lode Gold held by a Lode Gold shareholder on or before the record date, a tax-free distribution of approximately 0.57 share of Gold Orogen will be received.

Mr. Swetlow has previously held various senior management, board and advisory roles. With over 30 years in finance, operations, strategic alliances, public company management and corporate governance, his past extensive experience includes company formation, financing, go public, uplisting, spinout, corporate transactions and restructuring. His focus has been start-up, scale-up and growth-stage companies, including Canadian and United States-listed public firms, driving high-value projects and innovative technology. Formally educated as a CPA (CA), he has served as CFO, director, audit and risk committee chair/member, and finance chair for various organizations, and holds iGP governance certification and a SFU Beedie School of Business degree.

Wendy T. Chan, chief executive officer and director of the company, said: "David was brought in a few months ago to help get Gold Orogen's spinout as a public company over the finish line. In a short time, David has demonstrated strong financial acumen, strategic, public markets and governance savvy. His skills and capabilities will nicely complement and strengthen the existing Lode Gold team."

Lode Gold has awarded Mr. Swetlow 322,000 stock options to purchase common shares of the company at an exercise price of 21 cents. The stock options are granted pursuant to the company's 10-per-cent rolling stock option plan with 50 per cent of the options vesting on grant and the remaining 50 per cent vesting on the first anniversary of grant. The options expire five years from the date of issue.

About Lode Gold Resources Inc.

Lode Gold has key assets in Canada and United States.

Fremont gold project (Fremont Gold Mining LLC) is a brownfield project in Mariposa, Calif., with 43,000 metres drilled, 8,000 channel samples, 14 adits and two shafts. Mining halted in 1942 due to the gold mining prohibition during the Second World War. It was mined at 10.7 grams per tonne when price of gold was $35 per ounce. A preliminary economic assessment was completed in 2023. The PEA was based on one million oz (measured and indicated) and two million (inferred). A mineral resource estimate was updated in 2025 with 92 per cent of the ounces left unmined. Average true widths at one-gram-per-tonne cut-off is 53 metres. The project sits on greater than 3,000 acres of 100-per-cent-owned private and patented land, which is designated as OZ, Trump administration opportunity zone (special tax incentives).

Gold Orogen (1475039 B.C.) is an early-stage exploration pure play with quality assets in the Yukon and New Brunswick, Canada. Optionality exists as assets are diversified on two mineral belts that are known to have prolific gold endowment.

A 19.9-per-cent strategic partner was brought in, and a joint venture was formed to create one of the largest land packages in New Brunswick with mineral rights spanning 445 square kilometres.

The New Brunswick assets, McIntyre Brook and Riley Brook, sit on a highly prospective belt that has seen many exciting discoveries including Dalradian, New Found Gold and Calibre Mining. Kinross-Puma surrounds McIntyre Brook.

In the Yukon, Golden Culvert/Win sits on the southern end of the Tombstone belt, which in recent years has seen extensive exploration success. It has reduced intrusion targets and sedimentary hosted orogenic mineralization. Over 4,500 metres have been drilled with 50-gram-metre intercepts.

The completion of Gold Orogen's spinout into a public company through a reverse takeover is imminent, presenting a unique and compelling opportunity to unlock shareholder value as two stand-alone public companies with clear trajectory for growth will be created.

The Dingman property is an orogenic deposit in Ontario, Canada, with over 22,000 metres drilled, with a 2013 PEA and MRE: 376,000 oz (M&I) and 47,000 oz (inferred).

Qualified person

The technical information contained in this press release was reviewed and approved by Gary Wong, PEng, vice-president, exploration, of Lode Gold, designated as a qualified person under National Instrument 43-101.

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