Fremont Mine Poised to Spark an $8 Billion California Gold Revival
Lode Gold Resources has begun engineering studies at the Fremont Gold Mine in Mariposa County, estimating an inferred 1.98 million ounces of gold—worth about $8.2 billion at 2026 prices—and only about 8% of the resource has been mined. The project aims to establish a technical baseline and move toward a comprehensive mine plan with near-term production, contributing to a broader resurgence of mining along California’s historic Mother Lode and boosting local life in Mariposa County.