Lode Gold Files NI 43-101 Technical Report for Its McIntyre Brook Gold Project in New Brunswick in Preparation for Spin Out

Toronto, Ontario--(Newsfile Corp. - September 11, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce that it has filed a Technical Report for its McIntyre Brook Project, located in the emerging Appalachian Gold Belt in New Brunswick. This National Instrument 43-101 (NI 43-101) technical report is to be used for Spin Co (Gold Orogen) and will form part of the submission later this month to the Exchange for listing.

UPCOMING EXPLORATION PLANS

Upon closing of the Fancamp joint venture, subject to TSX Venture acceptance, we will commence exploration on our McIntyre and Riley Brook projects with extensive soil sampling on Riley and commissioning of a V-TEM, magnetometer, and radiometric survey on both properties later in the year. Soil sampling and trenching are planned on the McIntyre Brook property culminating in a drill program early in the new year.

FILES 43-101 ON MCINTYRE BROOK

The updated Technical Report for McIntyre Brook, entitled "McIntyre Brook Property, northwestern New Brunswick, Restigouche County" was, prepared in accordance with NI 43-101: Standards of Disclosure for Mineral Projects.

The report is available under the Company's profile on SEDAR+ and the Company's website (www.lode-gold.com). The McIntyre Brook Property, in conjunction with Fancamp's Riley Brook property, serves as the foundation for our Joint Venture with Fancamp, as announced in the August 26th News release. These properties, along with our Yukon properties, are integral to our proposed spin-off company, Gold Orogen.

The technical report outlines history and prior work on McIntyre Brook and recommends a Phase 1 program of helicopter VTEM survey and geophysical program on Northeastern part of property, systematic soil sampling, and with modern technology and data interpretation specifically for gold given new understanding with neighboring project results. A Phase 2 program proposed of 1,750m diamond drilling program following up targets generated from Phase 1.

ABOUT LODE GOLD

Lode Gold (TSXV: LOD) is an exploration and development company with projects in highly prospective and safe mining jurisdictions in Canada and the United States.

Its Golden Culvert and WIN Projects, Yukon, covering 99.5 km² across a 27-km strike length, are situated in a district-scale, high-grade-gold-mineralized trend within the southern portion of the Tombstone Gold Belt. Gold deposits and occurrences within the Belt include Fort Knox, Pogo, Brewery Creek and Dublin Gulch, and Snowline Gold. A NI 43-101 technical report entitled "Technical Report on the WIN-Golden Culvert Property for Lode Gold" with an effective date of May 15, 2024 summarizing the work to date on these properties is available on the Company's profile on SEDAR+ (www.sedarplus.ca) and on the Company's website (www.lode-gold.com).