Lode Gold’s Fremont mine valuation at $13 billion runs into Rosland bankruptcy in Mariposa
California’s latest gold push comes with a numbers warning. Lode Gold Resources Inc put out its 2026 resource estimates for the Fremont Mine in Mariposa County at 1.11 million ounces indicated and 1.98 million ounces inferred. With gold at $4,175.39 an ounce on July 3, as Forbes reports, that’s $12.9 billion in metal on paper before factoring in losses, costs, taxes, permits, or any dilution.
