01:58 PM EST, 03/06/2024 (MT Newswires) -- Lode Gold Resources ( SBMIF ) said Wednesday that it received an expression of interest from an independent third party regarding the possible acquisition of specific assets owned by Lode Gold.

The company, however, has not entered into any legally binding agreements related to this potential merger and/or acquisition.

"The key to our strategic plan to unlock value for our shareholders includes separating our assets and building on our technical and corporate teams. Our Yukon and New Brunswick properties, in highly prospective gold belts, could each be standalone company-makers," Wendy Chan, Lode Gold's CEO, said.