High Grade Assay Reported At Cracker Creek Project In Oregon

VANCOUVER - Lode Metals Corp. received assays supporting historic high grade mineralization for dump select rock samples initially screened in the field by x-ray fluorescence (XRF) at the Cracker Creek Project, near Baker City, Oregon. Results from dump sampling four historically mined areas: Columbia, Tabor Fraction, Eureka and North Pole. Multi-ounce gold values have been received for the Columbia, Tabor Fraction and North Pole Mine dumps, which support historic accounts of high-grade gold. The Columbia Mine Dump samples include gold assays of 86.6 grams per tonne ("g/t"), 109.1 g/t, 190.6 g/t and 267.7 g/t. Tabor Fraction Dump Sample returned a gold assay of 104.1 g/t. At the Eureka Mine Dump, samples returned values between 9.4 g/t and 26.8 g/t, including the highest silver assay on the project of 839 g/t. North Pole Mine dump samples include gold assays of 40.6 g/t, 41.6 g/t and 74.8 g/t.

Ken Tullar, CEO, said, "I'm extremely pleased with the grades that we've identified in this round of Cracker Creek sampling, which support the historic accounts of higher grades and will provide invaluable multi-element geochemistry to characterize the deposits. The use of Xray Fluorescence technology made short work of screening for robust mineralization. We are steadily refining a clearer understanding of the historic Cracker Creek mines by utilizing both historic data as a guide and actively generating new. Cracker Creek is a very exciting project in the context of diminishing grades and discoveries in the American west."