AI assistant
LODE RESOURCES LTD — Investor Presentation 2026
Apr 14, 2026
65220_rns_2026-04-14_5ec46b14-751e-4930-8246-ba3a19b752d5.pdf
Investor Presentation
Open in viewerOpens in your device viewer
LODE RESOURCES LTD
Advancing Australia's Next Critical Metals Projects
Antimony | Silver | Gold | Tin
Tier-1 Mining Jurisdictions: NSW & Tasmania
April 2026 Presentation
ASX:LDR
Montezuma Silver & Antimony Deposit – TAS
MZS19: 2,196 g/t AgEq over 1m within 776 g/t AgEq over 9.9m
Magwood Antimony Deposit – NSW
MAG010: 19.61% Sb over 2.4m within 9.92% Sb over 4.8m


Disclaimer, Competent Person's Statement, etc.
Disclaimer
The material in this presentation contains certain technical information, including regarding possible or assumed future performance or potential growth of mineral deposits. Such information is not a guarantee of future performance and involve unknown risks and uncertainties, as well as other factors, many of which are beyond the control of Lode Resources Limited ('Lode'). Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors. No representation or warranty, expressed or implied, is made or given by or on behalf of Lode, any of Lode's directors, or any other person as to the accuracy or completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any of them for such information or opinions or for any errors, omissions, misstatements, negligent or otherwise, or for any communication written or otherwise, contained or referred to in this presentation. Accordingly, neither Lode nor any of the Lode directors, officers, employees, advisers, associated persons or subsidiary undertakings shall be liable for any direct, indirect or consequential loss or damage suffered by any person as a result of relying upon the statement or as a result of any admission in, or any document supplied with, this presentation or by any future communications in connection with such documents and any such liabilities are expressly disclaimed. Nothing in this material should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities.
Competent Person's Statement
The information in this market announcement that relates to exploration results is based on information compiled by Mr Jason Beckton, who is a Member of the Australian Institute of Geoscientials. The information in this market announcement is an accurate representation of the available data. Mr Beckton, who is Non-Executive Director at Lode, has sufficient experience which is relevant to the styles of mineralisation and types of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Beckton has a beneficial interest as a shareholder and option holder of Lode and consents to the inclusion in this announcement of the matters based on the information in the form and context in which it appears.
Equivalent Grades Used for Montezuma Silver & Antimony Project 1&2
- LDR is reporting both Silver & Antimony equivalent grade figures due to interchanging dominance of these two metals from intercept to intercept. Metal equivalent grade figures are a method of demonstrating overall metal endowment for all significant metals' grades in a single grade figure for each intercept and thus allowing a simpler comparison between intercepts. Montezuma's reported Silver & Antimony equivalent figures are based on conversion factors as follows: $\mathrm{St} / \mathrm{Eq}(\%) = \mathrm{Sb}(\%) + 0.00281^{}\mathrm{Ag(g/t)} + 0.056^{}\mathrm{Pb}(\%) + 0.29^{}\mathrm{Cu(\%)}$ and $\mathrm{AgEq(g/t)} = \mathrm{Ag(g/t)} + 355^{}\mathrm{Sb(\%)} + 20^{}\mathrm{Pb(\%)} + 101^{}\mathrm{Cu(\%)}$. Metal equivalent conversion factors were calculated using 30 December 2024 metal prices of US$34.747/t antimony, US$29.1/oz silver, US$1,912/t lead and US$8,705/t copper. The antimony price was calculated as an average of several antimony products in a number of markets. Metal equivalent conversion factors were calculated using a preliminary flotation test carried out by ALS Metallurgy (Burnie) in September 2019, where recoveries achieved were $74.5\%$ antimony, $77.9\%$ silver, $75.8\%$ lead and $84.8\%$ copper. It is Lode's opinion that all the elements included in the metal equivalents calculation have a reasonable potential to be recovered and sold.
- Tin and Gold assay figures are not included in equivalent figures as gold was not assayed in an early flotation test.
Most recent reference documents used in this presentation
- LDR announcement 12 March 2024 "Significant Auger Drill Program Completed At Uralla Gold Project"
- LDR announcement 8 May 2024 "Augur Drilling Defines Multiple Targets at Uralla Gold Project"
- LDR announcement 26 August 2024 "Lode Secures Strategic Antimony Prospects"
- LDR announcement 23 October 2024 "Advanced High-Grade Antimony & Silver Project Acquisition"
- LDR announcement 29 November 2024 "Acquisition of Montezuma Antimony Project Completed"
- LDR announcement 9 December 2024 "Montezuma Antimony Project Development Activities Commence"
- LDR announcement 21 January 2025 "Montezuma Antimony Project Inaugural High-Grade Assays"
- LDR announcement 3 February 2025 "High-Grade Antimony and Silver Drill Intercepts"
- LDR announcement 25 February 2025 "Up to $31.9\%$ Antimony and 5,460 g/t silver"
- LDR announcement 10 April 2025 "Extensive Drill Programme Underway at Montezuma Antimony Project"
- LDR announcement 30 April 2025 "Quarterly Activities Reports for the Period Ended 31 March 2025"
- LDR announcement 1 July 2025 "Multiple High-Grade Antimony and Silver Drill Intercepts"
- LDR announcement 14 July 2025 "Gold Assays Enhance High-Grade Antimony and Silver Drill Intercepts"
- LDR announcement 21 July 2025 "Tin Assays Enhance High-Grade Antimony and Silver Drill Intercepts"
- LDR announcement 18 August 2025 "More High-Grade Antimony and Silver Drill Intercepts"
- LDR announcement 1 September 2025 "Lode Divests Webbs Consol Silver Project"
- LDR announcement 1 September 2025 "Grades up to 2,730 g/t Silver Eq and Deepest Intercept To Date"
- LDR announcement 29 September 2025 "Webbs Consol Divestment"
- LDR announcement 30 September 2025 "Montezuma Regional High-Grade Silver & Antimony Assays"
- LDR announcement 17 October 2025 "31.1% Antimony Intercepted in Inaugural Drilling at Magwood NSW"
- LDR announcement 11 November 2025 "Further High-Grade Drill Results Extend The Montezuma Silver & Antimony Deposit"
- LDR announcement 6 January 2026 "Up To 1,948g/t Silver Eq in Latest Drill Results from the Montezuma Silver & Antimony Deposit"
- LDR announcement 25 February 2026 "High-grade Antimony and Gold Mineralisation At Rock Abbey"
- LDR announcement 4 March 2026 "Lode Secures $155\mathrm{km}^2$ of Highly Prospective Ground in Tasmania's Premier West Coast Mining District"
- LDR announcement 10 March 2026 "Drilling Commences Uralla Gold project"
- LDR announcement 17 March 2026 "High Grade Silver and Antimony Identified at Silver Hills"
- LDR announcement 24 March 2026 "Deepest Drill Hole To Date Extends Montezuma Silver & Antimony Deposit To 270m Depth"
- LDR announcement 30 March 2026 "Fourth High Grade Silver & Antimony Prospect Identified in Tasmania"
- LDR announcement 1 April 2026 "Revision to Announcements dated 17th and 30th March 2026"
- LDR announcement 13 April 2026 "Drilling Commences at Rock Abbey Antimony Prospect"
Montezuma Cautionary Statement
Note grab sampling is selective in nature with resultant assay grades considered to be qualitative rather than quantitative and not necessarily representative of underlying mineralisation which may actually be lower or higher in grade.
No Material Changes
The Company confirms it is not aware of any new information or data that materially affects the information in this presentation and, in the case of estimates of mineral resources or ore reserves, that all material assumptions and technical parameters underpinning the estimates in this presentation continue to apply and have not materially changed.
Lode Resources Ltd | April 2026
LODE RESOURCES LTD
Investment Highlights
High-Grade Antimony, Silver & Gold Portfolio
Tasmania – Flagship Development with 4 Granted Mining Licenses
- Montezuma Silver–Antimony Project – flagship asset within a broader High-Grade Antimony–Silver District
- Maiden JORC (2012) MRE: 480kt @ 533 g/t AgEq for 8.2Moz AgEq, 65% Indicated Resource
- Granville Tin Project – historic tin district with 3 granted Mining Licenses (MLs) and drilling planned in Q2
New South Wales – High-Grade Discovery & Growth
- Magwood Antimony Project – historic mine grading 4–62% Sb, drilling confirms up to 31% Sb
- Rock Abbey Project - ~7km from Magwood, drilling underway, to confirm repeat antimony mineralisation
- Uralla Gold Project – district-scale system; drilling completed, assays pending
Tier-1 jurisdictions: Tasmania & New South Wales
Experienced exploration and capital markets team
Lode Resources Ltd | April 2026
LODE RESOURCES LTD
Leveraging Structural Demand for Antimony, Silver & Gold
Structural Demand for Antimony & Precious Metals
- Antimony: critical for defence, batteries and semiconductors; >50% supply controlled by China, driving Western supply security initiatives
- Silver: essential for solar, electronics and electrification, with growing industrial demand
- Gold: persistent safe-haven demand amid global macro uncertainty
- Tin: critical for solder in electronics; demand rising with Al and electrification amid constrained supply
Lode Positioned to Deliver Value from Antimony, Silver & Gold
- High-grade antimony, silver and gold portfolio in Tier-1 Australian jurisdictions
- Flagship Montezuma (TAS) supported by Magwood (Sb) and Uralla (Au) growth asset (NSW)
- Direct leverage to tightening antimony supply and strong precious metals markets
- Multiple near-term catalysts: MRE, drilling and development led by an experienced team

Lode Resources Ltd | April 2026
LODE RESOURCES LTD
Corporate Snapshot

Share Price (A$/sh)
Corporate Structure
| Share Price (13/4/26) | $0.16 |
|---|---|
| Shares on Issue | 167.8m |
| Market Capitalisation (at $0.16/share) | $26.8m |
| Cash (Dec Qtr 2025) | $3.4m |
| Divestment of Webbs Consol, ~$12M equity value for LDR shareholders | • Cash from asset sale: $3.75m |
| • 115m RCM shares: $4.6m at 4cps | |
| • 2.0% NSR royalty in Webbs Consol Silver deposit in addition to existing 2.0% NSR royalty Webbs Silver deposit |
1m options, Dec 27 expiry, 15c strike.
Board & Management Own 25% — Strong Alignment with Shareholders
Major Shareholders
| Board & Management | 25% |
|---|---|
| SG Hiscock & Company | 7.4% |
| Technical Investing | 4.0% |

Lode Resources Ltd | April 2026
LODE
RESOURCES LTD
Experienced Team Driving Project Development
Directors & Management
Andrew Van Heyst
Executive Chairman
Institutional equities and corporate advisory specialist with 30+ years' experience in global capital markets. Former Head of Australian Sales at Merrill Lynch and ABN AMRO, and most recently Executive Director at Bridge Street Capital Partners advising small-cap resource companies.
Jason Beckton
Non-Exec Director
Geologist with 30+ years' international experience in exploration and development. Former Project Manager of the Palmarejo silver-gold project (3.1Moz AuEq); currently Managing Director of European Resources (ASX:ERE) and Non-Executive Director of American Rare Earths (ASX:ARR).
Ted Leschke
Exec Director Exploration
Resources executive and geologist with 30+ years' experience advancing ASX-listed companies from exploration to development. Former resources analyst with expertise in exploration strategy, project generation and capital markets.
Simon Milroy
Non-Exec Director
Mining executive with 30+ years across exploration, development and operations in Australia and Southeast Asia. Former CEO of Atlantic Tin and Merdeka Copper Gold (IDX:MDKA), led growth across gold, copper and nickel assets.
Keith Mayes
Managing Director
Resources executive with 30+ years across exploration, operations and development with Newmont, Rio Tinto and Oxiana. Former COO of KGL Resources and Altura Mining; led discovery of the world-class Pilgangoora lithium deposit.
Steve McDermott
Tasmania Operations Manager
Mining professional with 20+ years in underground and surface operations, specialising in execution and operational management. Third-generation West Coast Tasmanian miner; experience includes the redevelopment of the Renison tin mine.
Lode Resources Ltd | April 2026
LODE RESOURCES LTD
Tasmania Projects
- Flagship Montezuma Silver-Antimony Project
- Silver Hills Silver-Antimony Prospect
- Granville Tin Project

7
Lode Resources Ltd | April 2026
LODE
RESOURCES LTD
TASMANIA: Montezuma Silver-Antimony Project
Project Location
Infrastructure-Rich Location in Tasmania's West Coast
- Located in one of Australia's longest producing mining districts
- Surrounded by major operations: Rosebery (Zn-Pb-Cu), Renison Bell (Sn), Henty (Au) and Mt Lyell (Cu)
- ~14km from Zeehan with access via state highways and mining roads
- Existing processing site at Granville (~15km from Zeehan) supports potential brownfield development
- Access to established services, skilled workforce and smelting pathways (Hobart, Port Pirie)
- Licensing & Project Maturity: Fully permitted with 4 MLs, demonstrating readiness for near-term development.

Lode Resources Ltd | April 2026
LODE
TASMANIA: Montezuma Silver-Antimony Project
Project Snapshot
Montezuma: Near-Term High-Grade Silver–Antimony Development Opportunity
Maiden JORC (2012) Mineral Resource Estimate (MRE) of 480kt @ 533 g/t AgEq1 for 8.2Moz AgEq1 confirms high-grade, structurally controlled mineral system
High-grade silver-antimony deposit with accessory Cu, Au, Pb and Sn credits.
Metallurgical test work supports high-grade concentrates and leaching with strong recoveries
Granted Mining Lease, and nearby Granville processing enables capital-efficient development.


Montezuma Core & Drilling Feb '26
Lode Resources Ltd | April 2026
LODE
RESOURCES LTD
TASMANIA: Montezuma Silver-Antimony Project
Montezuma Maiden MRE (JORC 2012)
High-grade Silver–Antimony System with Clear Pathway to Scale at Montezuma
Key Highlights
- 480kt @ 533 g/t AgEq¹ for 8.2Moz AgEq¹
- 65% Indicated Resource
- 200 g/t AgEq¹ cut-off demonstrating strong underground mining potential
-
Defined by 59 diamond drill holes (8,446m), includes 37 resource holes from current program
-
Defined mineralisation to ~250m depth and ~300m strike, open in multiple directions
- High-grade, structurally controlled mineral system
- Resource remains open along strike and down dip
- Assays pending – potential for further expansion
- Additional upside from gold and tin not yet included in AgEq¹
Table 1. Montezuma Indicated and Inferred Mineral Resource Estimate AgEq¹ > 200g/t
| Classification | K Tonnes | Ag g/t | Au ppm | Cu % | Pb % | Sb % | Sn % | S % | As % | Ag_eq g/t |
|---|---|---|---|---|---|---|---|---|---|---|
| Indicated Resource | 310 | 172 | 0.63 | 0.58 | 1.98 | 1.01 | 0.53 | 13.7 | 2.9 | 621 |
| Inferred Resource | 170 | 173 | 0.57 | 0.7 | 1.35 | 0.31 | 0.31 | 18.9 | 3.6 | 375 |
| Total | 480 | 173 | 0.61 | 0.62 | 1.75 | 0.76 | 0.45 | 15.6 | 3.2 | 533 |
Lode Resources Ltd | April 2026
LODE
RESOURCES LTD
TASMANIA: Montezuma Silver-Antimony Project
Capital-Efficient Development Pathway

Montezuma Silver & Antimony Deposit
- Strong metallurgical recoveries achieved
- Maiden JORC (2012) MRE enabling development studies and permitting
- Pre-Feasibility Study (PFS) targeted by end-2026
- Multiple regional silver-antimony targets identified across the West Coast mining district

Granville Processing Infrastructure (Brownfields Site)
- Established plant footprint, tailings dam and water supply
- Access to power, roads and regional mining services
- Brownfield site supports a lower-capital pathway to production
- Potential downstream processing via Hobart and Port Pirie smelter
Lode Resources Ltd | April 2026
LODE RESOURCES LTD
TASMANIA: Montezuma Silver-Antimony Project
Initial Surface & Drill Sampling – Long Section

12 Lode Resources Ltd | April 2026
LODE RESOURCES LTD
TASMANIA: Montezuma Silver-Antimony Project
Planned Drilling
Key Priorities
- Infill drilling to upgrade Inferred resource to indicated to support PFS
- Extension drilling to test for deeper zones of mineralisation
- Geotechnical and hydrological drilling to support the PFS

13 Lode Resources Ltd | April 2026
LODE RESOURCES LTD
TASMANIA: Montezuma Silver-Antimony Project
Active Drilling Defining a High-grade Silver-Antimony Deposit
- MRE completed with 8,000–10,000m drilling program underway defining the Montezuma silver–antimony deposit
- Initial resource targeting ~300m strike x 250m depth with 1 ML granted
- 30 holes completed delivering 92 mineralised intercepts.
- 22 intercepts >1000 AgEq g/t.m (22%)
- 44 intercepts >500 AgEq g/t.m (42%)
- 87 intercepts >100 AgEq g/t.m (83%)
- Numerous mineralised daughter structures add to bulk tonnage potential
- Individual assays up to 4,035 g/t AgEq
- Best intercept to date - 9.9m @ 776 g/t AgEq (MZS19) incl. 2.6m @ 1,981 g/t AgEq and 1.6m @ 2,491 g/t AgEq

14 Lode Resources Ltd | April 2026
LODE RESOURCES LTD
TASMANIA: Montezuma Silver-Antimony Project
High-Grade Silver-Antimony Mineralisation Across the District
-
Historic Fahlore and Blocks East mine workings returned high-grade Antimony-Silver-Copper samples confirming strong mineralisation:
-
Best Fahlore results include:
- 2,480 g/t Ag, 2.35% Sb and 3.19% Cu
- 2,060 g/t Ag, 2.30% Sb and 3.12% Cu
- 1,610 g/t Ag, 1.01% Sb and 0.83% Cu
- 670 g/t Ag, 1.65% Sb and 3.73% Cu
- 631 g/t Ag, 1.27% Sb and 0.86% Cu
- 554 g/t Ag, 0.17% Sb and 1.29% Cu
- 466 g/t Ag, 0.52% Sb and 0.71% Cu
-
464 g/t Ag, 0.48% Sb and 0.66% Cu
-
Best Blocks East results include:
- 5,650 g/t Ag, 8.04% Sb and 8.42% Cu
- 5,120 g/t Ag, 7.73% Sb and 7.73% Cu
- 4,070 g/t Ag, 4.40% Sb and 3.95% Cu
- 1,630 g/t Ag, 3.07% Sb and 2.14% Cu
- 666 g/t Ag, 0.84% Sb and 1.01% Cu
- 615 g/t Ag, 0.64% Sb and 0.73% Cu
-
306 g/t Ag, 0.72% Sb and 0.26% Cu
-
Results highlight district-scale silver-antimony exploration potential


Lode Resources Ltd | April 2026
LODE RESOURCES LTD
TASMANIA: Montezuma Silver-Antimony Project
Development Strategy & Next Steps at Montezuma
Montezuma Development Pathway
| Quarter: | 4Q CY25 | 1Q CY26 | 2Q CY26 | 3Q CY26 | 4Q CY26 | ||
|---|---|---|---|---|---|---|---|
| STAGE 1 | |||||||
| Resource | |||||||
| Definition | Complete current drilling programme | ||||||
| Maiden Mineral Resource Estimate (MRE) | |||||||
| Expand MRE through deeper drilling | |||||||
| STAGE 2 | |||||||
| Metallurgy | |||||||
| & Studies | Ore Sorting tests | ||||||
| Flotation & Leaching test work | |||||||
| High-grade antimony sulphide feedstock for smelters | |||||||
| STAGE 3 | |||||||
| Development | Resource Expansion– Multiple additional targets are being defined using Montezuma model | ||||||
| Offtake discussions – multiple enquiries received from global metal traders, government agencies, corporates, etc., with various offers of funding | |||||||
| Pre-Feasibility Study |
Lode Resources Ltd | April 2026
LODE
RESOURCES LTD
TASMANIA: Silver Hills Project
Silver Hills Project (TAS) – High-Grade Silver–Antimony
High-Grade Silver–Antimony System Surrounding Historic Mt Bischoff Mine
Exceptional Grade System Confirmed
- Up to 9,370 g/t Ag, 18.6% Sb, 81.0% Pb from surface sampling
Tier-1 Location surrounding historic Mt Bischoff Mine
- Mineralisation over ~300m strike with multiple historic workings
District-Scale Potential
- Comparable to Montezuma & Fahlore
- Expands portfolio to three high-grade TAS silver–antimony assets
Near-Term Catalysts
- Drill approvals submitted, targeting first drilling
- Landholding expanded to ~250 km² with ongoing exploration
New Tin Assays at North Valley Lodes
- Returning high-grade tin, up to 3.6% Sn (1.4% average)
Silver Cliffs mine workings and dump assays

Lode Resources Ltd | April 2026
LODE RESOURCES LTD
TASMANIA: Granville Tin Project
Granville Tin – Strategic Optionality
High-Grade Tin Potential in a Historic West Coast Mining District of Tasmania
- Tin-magnetite skam deposit historically mined at Granville East
- 8km from Lode’s Granville processing facility, supporting potential capital-efficient development pathway
- Granted 3 MLs
- Near-Term Catalysts:
- In-pit sampling complete, results imminent
- Drilling to commence in Q2


Lode Resources Ltd | April 2026
LODE RESOURCES LTD
NSW Projects
- New England Antimony Project
- Magwood Antimony Mine
- Rock Abbey Gold-Antimony Prospect
- Uralla Gold Project

19
Lode Resources Ltd | April 2026
LODE
RESOURCES LTD
NSW: New England Antimony Project
Project Location – New England Antimony Project


New England region of NSW, ~35km northeast of Hillgrove Mine
Lode Resources Ltd | April 2026
LODE RESOURCES LTD
NSW: Magwood Antimony Project
Drilling Confirms High-Grade Antimony System
High-Grade Drill assays up to 31.1% stibnite (Sb) from inaugural program:
- 9.92% Sb over 4.8m (MAG010)
- incl. 19.61% Sb over 2.4m
- incl. 28.57% Sb over 1.3m
Additional Mineralisation Identified:
- 3.08% Sb over 12.4m recovered from stope voids (MAG002)
- Indicates high-grade stibnite within historic workings
Strong Exploration Upside:
- Potential for unmined high-grade antimony veins adjacent to historic workings
- Historic mining completed with zero drilling
Next steps:
- Model historical workings to refine drill targeting
- Soil sampling across 2.5km strike
- Test additional targets, including nearby gold mineralisation
- Follow-up drilling underway

Lode Resources Ltd | April 2026
LODE
NSW: Rock Abbey Project
Regional Exploration – Rock Abbey Project
Rock Abbey Project, NSW
- Gold and Antimony Mineralisation controlled by microdiorite dyke swarm, providing clear exploration targeting
- Parallel mineralised structure identified ~1km from main Magwood vein
- Rock Abbey prospect identified ~7km southwest of Magwood
- Grab samples up to 37.7% Sb confirm additional high-grade antimony potential
- Results highlight district-scale antimony exploration upside across the tenement
- Initial 18-hole drill program underway

Lode Resources Ltd | April 2026
LODE RESOURCES LTD
NSW: Uralla Gold Project
Project Snapshot – Uralla Gold Project
Uralla Gold Project, NSW
Intrusive-related gold project in the New England region of NSW
- Location: ~300km² landholding covering the historic Uralla goldfield, northern NSW
- Commodity: Gold mineralisation interpreted as an Intrusive Related Gold System (IRGS) linked to the Uralla Granodiorite
- Historic Validation: Uralla was a major NSW gold producer in the 1850's
- Exploration Potential: Key structures including the “Bonanza” Dyke and N–S trends provide strong drill targets

Current drilling at Uralla

Site visit: Armidale core shed

Lode Resources Ltd | April 2026
LODE
RESOURCES LTD
NSW: Uralla Gold Project
Multiple Gold Targets Confirmed – Uralla Project
Uralla Gold Project, NSW
Broad gold mineralisation confirmed across multiple prospects
- Multiple shallow gold targets identified across the Hudsons Prospect Group
- Drilling confirms broad zones of gold mineralisation across several prospects
- Mineralisation associated with major N–S structures and felsic dykes
- Circular geophysical feature may represent intrusive source at depth
- Drilling Completed, Assays Pending
Key drill highlights:
- 26m @ 2.80 g/t Au
- 18m @ 3.51 g/t Au
- 20m @ 2.33 g/t Au
- 15m @ 2.09 g/t Au
Gumtree Prospect
KTN007: 14.0m @ 1.24 g/t Au from 68m
KTN005: 10.0m @ 1.32g/t Au from 9m
KTN006: 16.0m @ 0.79g/t Au from 10m
Dyke/Gracie Prospects
KTN010: 15.0m @ 2.09g/t Au from 12m
KTN011: 5.0m @ 1.04 g/t Au from 16m
KTN012: 6.0m @ 0.75g/t Au from 39m
Circular feature potentially representing an intrusive stock at depth
Martins Shaft Prospect (intercepts > 24 g.m)
SGRDD002: 26.0m @ 2.80 g/t Au from 15.0m
SGRDD004: 18.0m @ 3.51 g/t Au from 52.0m
SGRDD014: 20.0m @ 2.33 g/t Au from 16.0m
SGRDD008: 24.0m @ 1.88 g/t Au from 73.0m
SGRDD010: 35.0m @ 1.10 g/t Au from 78.0m
SGRRC004: 24.0m @ 1.60 g/t Au from 4.0m
SGRRC017: 26.0m @ 1.20 g/t Au from 76.0m
SGRRC003: 29.0m @ 1.21 g/t Au from 25.0m
SGRRC003: 33.0m @ 0.91 g/t Au from 29.0m
SGRRC001: 27.1m @ 1.06 g/t Au from 0.0m
SGRRC006: 17.0m @ 1.61 g/t Au from 35.0m
SGRRC035: 22.0m @ 1.15 g/t Au from 50.0m
SGRRC005: 15.0m @ 1.60 g/t Au from 23.0m


Auger Drill
Assay Image
Au (ppb)
High: 1300
Low: 1
- Historical Working
- LDR Drill Hole
- Sovereign Gold Drill Hole
24 Lode Resources Ltd | April 2026
LODE
RESOURCES LTD
NSW: Uralla Gold Project
Uralla Gold Project – Walk-up Drill Targets & Potential at Depth


Lode Resources Ltd | April 2026
LODE RESOURCES LTD
Value catalysts 2026-2027
Multiple catalysts expected to drive resource growth and shareholder value
- ☐ Maiden JORC (2012) MRE confirms high-grade silver–antimony system with clear pathway to scale at Montezuma
- ☐ Metallurgical optimisation targeting high-grade silver and antimony concentrate production
- ☐ Pre-Feasibility Study (PFS) and strategic offtake engagement amid rising demand for antimony supply outside China
- ☐ Magwood antimony discovery growth through follow-up drilling and corridor expansion
- ☐ Completed Drilling at Uralla targeting high-grade gold, with assays pending
- ☐ Drilling underway at Rock Abbey Antimony prospect, early stage but analogous to Magwood
26 Lode Resources Ltd | April 2026
LODE RESOURCES LTD
Contact
Lode Resources Ltd
Suite 506, Level 5, 50 Clarence St,
Sydney NSW 2000
[email protected]
IR & Media Contact
Pia Lehman
[email protected]

Lode Resources Ltd | April 2026
LODE RESOURCES LTD