Mineral exploration & development

We publish the block model. Then we let you move the price.

The Anvil Zone resource, interpolated from every assay we have drilled and rendered block by block. Drag the cost and price sliders below and watch which of it is actually ore.

1.09 Moz Contained gold, Anvil Zone, at a $1,950/oz break-even cut-off
12 Diamond drill holes informing the current block model
3 Projects on the ground, from early-stage target to past producer

Near-term catalysts

Anvil Zone
Upcoming project milestones
Q1 Assay results, holes AZ-013 to AZ-018 (step-out to the north plunge) Pending
Q2 Updated Anvil Zone resource block model, independent estimate Scheduled
Q2 Preliminary Economic Assessment, Anvil Zone Scheduled
Q3 Metallurgical test work, variability program In progress
Q3 Maiden drill program, Fallow Creek Permitting
Q4 Annual general meeting Scheduled
LO-01 The Anvil Zone resource live block model

Every block below is inverse-distance-weighted from the assays in our twelve-hole drill pattern. Move the cost, price and recovery sliders and the model recolours in real time: everything at or above the resulting cut-off grade is lit as ore, everything below it fades to a waste shell.

$38 / t
$22 / t
$1,950 / oz
91%
Break-even cut-off

Drag to orbit. Every block shown is a real inverse-distance-weighted estimate, not an illustration of one.

Ore, graded by richness Below cut-off
LO-02 Who is running it management & board

A small team, chosen for having actually done this before rather than for a résumé that reads well in a deck.

Mara Selby

President & Chief Executive Officer

Twenty years in exploration and mine development across three continents; led the discovery team behind two mines that are still producing today before founding Lode.

Damon Achterberg, P.Geo

VP Exploration

Registered professional geologist; has run the Anvil Zone drill program personally from the first hole to the current resource, and signs off every assay batch himself.

Priya Nandakumar, CFA

Chief Financial Officer

Former mining-sector equity analyst; built the financing structure behind two prior venture-exchange listings before moving to the operating side.

Otieno Kimathi

Independent Chair

Thirty years in mine operations and closure planning; chairs the technical committee and personally reviews the Sable Creek closure obligations each quarter.

LO-03 Share structure as at last quarter-end
Listing
LODE.VTSX Venture (demonstration ticker)
Shares outstanding
64.2Mfully diluted 71.8M
Insider ownership
18%management & board
Cash position
$4.1Munaudited, last quarter-end
Run-rate
~14 moat current G&A, pre-drilling
LO-05 Sustainability closure planning from day one

Sable Creek is on care and maintenance because we treat closure as a standing obligation, not a line item for the last year of a mine's life. The same discipline is written into the Anvil Zone permitting from the start.

Read the full disclosure
100% of drill pads reclaimed within one season of completion
quarterly inspections of the secured Sable Creek shaft
31% of the exploration crew hired from the Corvid Ridge district
LO-07 Investor enquiries answered inside two working days