Lode Gold: Unlocking Yukon's RIRGS Potential with Axiom

Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: LODFF) has taken a significant step towards unlocking the high-grade gold potential of its Yukon properties by engaging Axiom Exploration Group Ltd. (Axiom) to initiate a drill targeting plan focused on Reduced Intrusion-Related Gold System (RIRGS) targets at the WIN and Golden Culvert properties. This strategic move aims to identify drill targets at the Border prospect, with the ultimate goal of testing them in the later part of the season.

Axiom, with its diverse team of geoscientists and extensive experience gained across Canada and internationally, is well-positioned to execute this work effectively. The company's professionals are equipped with cutting-edge industry knowledge and tools, ensuring the provision of reliable and accurate data. Additionally, Axiom's in-house field equipment and established relationships with suppliers offer cost advantages through volume discounts, benefits that are typically unavailable to individual junior companies.

The Border prospect on the WIN property is the most developed RIRGS target, exhibiting RIRGS-style gold mineralization in sheeted quartz veins hosted within hornfels, along with high bismuth to gold ratios. The efforts will concentrate on this prospect, aiming to identify drill targets at Border for drill testing in the later part of the season. The entire operation will be overseen by Buddy Doyle, Gold Orogen's Vice President of Exploration, a seasoned explorer with a 40-year career marked by numerous significant discoveries.

The program is being executed in two stages. The first stage takes place at the Border prospect, a high-altitude site near an ice field that benefits from its close proximity to the all-weather Highway 10. The crews will map the extent of the sheeted quartz veins and collect channel samples across the vein system. Additionally, they will search for other vein swarms within the large hornfels roof pendant delineated by the QMAGT survey conducted in 2024. To maximize planning time for the drill program, samples will be expedited for gold assays to obtain rapid results. Concurrent work on other RIRGS targets is also planned, particularly during periods when weather conditions restrict access to the Border prospect.

Phase 2 is scheduled to commence in August 2025, featuring a 1400 m drill program consisting of seven holes, designed to test the targets generated during Phase 1.

The recognition of RIRGS targets at the WIN and Golden Culvert properties complements the known orogenic styles of mineralization in the area, providing additional opportunities for Lode Gold to explore and potentially discover new gold deposits. The presence of both RIRGS and orogenic styles of mineralization indicates a diverse range of geological processes that have contributed to gold deposition in the area. This diversity increases the likelihood of discovering new gold deposits with different characteristics, which can be explored using tailored exploration strategies.

The identification of four RIRGS targets (Border, Steelhead, Stingray, and Camp) on the Golden Culvert and WIN properties highlights the district-scale potential of this high-grade gold trend. This suggests that there is significant untapped potential for gold mineralization in the area, which could lead to the discovery of additional gold deposits.

In conclusion, Lode Gold's engagement of Axiom Exploration Group Ltd. enhances the company's exploration capabilities and potential for discovering high-grade gold deposits at the WIN and Golden Culvert properties in Yukon. The recognition of RIRGS targets complements the known orogenic styles of mineralization in the area, providing additional opportunities for Lode Gold to explore and potentially discover new gold deposits. The upcoming drill program, targeting the Border prospect, aims to test the identified targets and unlock the high-grade gold potential of the Yukon properties.