Lode Gold Resources

Lode Gold – Invest in one, get shares in two companies – both have assets in highly prospective and safe mining jurisdictions in Canada and the United States. 

1/ Gold Orogen (SpinCo)

- Yukon – Confirmed Reduced Intrusives (RIRGS) 

- signature host rocks, hornfels throughout property

- bismuth : gold ratio, sheeted quartz veins 

- New Brunswick - Confirmed gold endowment

- largest land package 420km2 (next to Kinross's Puma JV)

- Iapetus Suture (geological analogue to New Found Gold, Calibre Mining, Kinross-Puma, Galway)

2/ Lode Gold (Parent) 

- High grade underground mine potential

- 2023 MRE: 1 MOz (M&I) + 2 MOz (Inf)

- 2023 PEA at USD $2,000/oz Au: After-tax NPV (5%) USD $370M, 31% IRR, 11 years LOM

- 100% owned private land 

Management Profile:

Wendy T. Chan, CEO - Formerly worked at Skeena, Roxgold, Novo, Cordoba.

+20 years experience developing and executing strategic plans for Fortune

500 and entrepreneurial companies with global outreach. Profitably

managed businesses with full P&L responsibilities. Operation experience

managing cross-functional teams and/or led negotiations in multi-

million dollar projects. Worked on key development initiatives in JVs,

strategic alliances, mergers and acquisitions in Asia, Australia, Africa,

North and South America

Carlos Saban - Technical Advisor – formerly worked at Bonaventura, Silver X - Strong understanding of mineralized systems, mine economics and development. He has over a decade of professional geological exploration experience spanning a few continents. He spent his formative years in Peru, where his contributions have been key to understanding deposits and expanding resources, both greenfield and brownfield. Carlos has been involved in the identification, delineation, and modelling of several NI 43-101 compliant multi-million-ounce precious metal projects during his career. He holds a BSc. in Geology from Complutense University of Madrid

What is your rationale for taking part in 121 Mining Investment?

1) Raise +CAD $1.5M to complete financing of $4.5M total, drilling in Yukon & New Brunswick.

- private placement in Lode Gold (parent) and get shares of both companies or;

- invest in Spin Co, Gold Orogen (via subscription receipt).

2) USD $6-7M (Stage 1) of total USD $50M for 50%. 1+2Moz Au and 2023 PEA: USD $370 million (NPV

5%). "Suspended" mining license, previously mined at 8g/t Au. 23km underground working. 11% exploited.

What recent news would you like to highlight to investors attending?

10/15/2024 - Lode Gold identifies new RIRGS target in Tombstone Belt, Yukon

10/09/2024 - Closes $3.5M Strategic Financing (totalling $6M raised since March 2024)

09/24/2024 - Lode Gold to execute tax efficient Spin Out, unlocking shareholder value. Each Lode Gold shareholder to get shares of New Spin Co. Each Lode Gold shareholder to get shares of New Spin Co. 

07/03/2024 - Increased institutional shareholding to 59%, provides mid year update 

06/27/2024 - High grade underground gold opportunity underpinned by 1+2MOz Au 

12/13/2023 - Confirmed Reduced Intrusives (RIRGS) up to 8.53 g/t Gold, Tombstone Belt, Yukon

What are your key goals for the next 3, 6 and 12 months?

3 Months

New Brunswick: Drilling (upon systematic exploration: geophysics, soil sampling, mapping, geochemistry)

California: Revised NI 43-101 Mineral Resource Estimate (updating 2023 MRE and investigating high grade underground potential)

6 Months

Yukon: Drilling (upon systematic exploration: geophysics, soil sampling, mapping, geochemistry) 

California: Evaluate "suspended" mining license* due to gold prohibition in WW2 (1942)

*similar to other projects in California that has been re-activated (Sutter, Golden Queen, and Castle Mountain + Mesquite).

12 Months

California: Drilling to confirm underground high grade underground potential, targeting 2MOz 5g/t Au resource (previously mined at 8g/t Au, mostly the first 250m and less than 20% of the veins (2/6 deposits) exploited, open at depth and on strike. 3 step-

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Market dynamics and fund raising risk for juniors 

Strong institutional holdings that are long-term supporters and have ability to fund projects through tough market conditions

What do you think makes your company such a compelling investment?

1/ Value creation in months not years - Spin Out is definite (tax efficient) 

2/ Drilling in 3 key assets in three highly prospective areas (safe jurisdictions)

3/ Undervalued Parent Company* - NPV $370M USD + Spin Co ($3M funded)

*suspended mining license with potential for significant re-rating

What are the top 3 key investor takeaways?

1/ Buy shares before Spin Out record date. (to get shares in both companies, tax efficiently) Creating 2 companies, Lode Gold investors get new shares of Spin Co

2/ Company poised for success with four pillars in place - Asset, People, Capital Structure, & Cash. 

3/ Insiders (Management and Board) aligned with investors at 55.1%