Update On High Grade Cracker Creek Gold Project

VANCOUVER - Lode Metals Corp. reported on the high grade Cracker Creek gold project located in northeastern Oregon. Lode Metals optioned the Cracker Creek property in November 2020, an orogenic, high grade vein hosted gold deposit located in northeastern Oregon. The Cracker Creek property is a district consolidation of 5 historic mines that collectively produced over 400,000 ounces of gold from the 1890's through the 1930's. The last historic resource (Arrowhead, 1999) estimated a Proven and Probable resource of 95,200 ounces at 10.2 grams per ton (g/t) and 297,900 ounces at 9.6 g/t in the Inferred category. These five mines consolidate over 2.9 km (9,500 ft) of strike and 760 m (2,500 ft) down dip of nearly continuous mineralization which was selectively mined for higher grades. This +2.9 km (9,500ft) mineral trend includes main veins, sub-parallel secondary structures and cross structures many that were historically recognized, but not mined. Recovered and digitized significant historic data including drilling, surface and underground sampling, mapping and underground workings to aid in exploration advancement. Drill ready targets (permit to drill was issued in September 2021).

Ken Tullar, CEO, said “The Lode Metals team is pleased to share our progress on the high-grade Cracker Creek gold project and the opportunity to explore and potentially expand on the current high grade historic resource on the project."