Ms. Wendy Chan reports

LODE GOLD COMPLETES FIRST SIX HOLES OF EXPANDED 20-HOLE DRILL PROGRAM AT FREMONT GOLD MINE

Lode Gold Resources Inc. has completed the first six drill holes of its expanded 20-hole drilling campaign at the Fremont gold mine in Mariposa county, California. Lode Gold has expanded its drill program to 4,200 metres (13,780 feet) with an additional 10 holes. Samples from the first two drill holes have already been submitted to the laboratory for analysis, and the company is awaiting assay results.

The six completed drill holes represent half of the company's planned 12-hole metallurgical drilling program at Fremont from the total 20-hole campaign. The holes are being drilled using PQ-diameter core to provide sufficient material for both assaying and subsequent metallurgical testwork. For each hole, one-quarter of the recovered core is being submitted for gold assay, while a further quarter will be allocated to metallurgical testing following receipt and review of the assay results. The remaining half of the core will be retained in core boxes for future reference, with the possibility of an additional quarter of the core available for further testing or analysis if required.

Jon Hill, chair of the technical committee of Lode Gold, commented: "The use of PQ-diameter core provides an important degree of flexibility in our drilling program. Where we intersect historical underground workings, including drifts and stopes, we can reduce the core diameter to HQ to keep drilling past the open spaces. At the same time, the larger PQ core diameter ensures that we recover sufficient material to support the gold assays and the metallurgical testwork planned for Fremont. This approach allows us to address the practical challenges of drilling through a historically mined deposit while obtaining the material needed for the next stage of technical evaluation."

The six completed drill holes are designated PT-J_001 through PT-J_006, with planned target depths ranging from approximately 105 metres to 171 metres (344 to 562 feet). The holes were designed with an azimuth of 240 degrees and a dip of negative 75 degrees.

Wendy T. Chan, chief executive officer and director of Lode Gold, commented: "We are making steady progress with our inaugural 20-hole drill program at Fremont. These holes comprise of the first part of the metallurgical drilling which will help refine our geometallurgical model for future feasibility-level studies. We anticipate news flow and drilling from Q4 of 2026 through Q1 2027 for the in situ hydrogeological holes and followed up by stepout exploration in untested zones. The drill is turning and this is a transformative period for Lode Gold."

Samples from the first two drill holes have already been dispatched to the laboratory, while sample preparation and submission for the remaining holes will continue as the campaign progresses. The company will report analytical results once they have been received, reviewed and validated.

About Lode Gold Resources Inc.

Lode Gold has key assets in United States and Canada.

Fremont gold mine project (Fremont Gold Mining LLC) is a brownfield project in Mariposa, Calif., with 43,000 metres drilled, 10,000 underground channel samples, 14 adits and two shafts. Mining halted in 1942 due to the gold mining prohibition during World War Two. It was mined at 10.7 grams per tonne when price was gold was $35 per ounce. PEA was completed in 2023. The PEA was based on 1.16 Moz at 1.90 g/t Au within 19.0 Mt indicated, and 2.02 Moz at 2.22 g/t Au within 28 Mt inferred with a composite cut-off. MRE was updated in 2026; 89 per cent of the ounces were left unmined if we compare historical production with the company's current indicated resource. Average true widths at one g/t cut off is 53 m. 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).

Dingman property is an orogenic deposit in Ontario, Canada, with over 22,000 m drilled, with a 2013 PEA, MRE: 376,000 oz at 0.94 g/t within 12.5 Mt measured and indicated and 47,000 oz at 0.71 g/t within 2.1 Mt inferred.

Qualified person

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

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