Lode Resources Ltd. provided a drilling update from the 100% owned Webbs Consol Silver Project located in the New England Fold Belt in north-eastern New South Wales. Follow up drilling at the Webbs Consol Silver Project's Tangoa West Lode has retuned 54.0m @ 304 g/t AgEq1 from 48.3m. This drill intercept represents the highest endowment of all drill intercepts received to date at the Webbs Consol Silver Project.

Highlights: Drill hole WCS044 at Webbs Consol Silver Project's Tangoa West Lode has returned significant results: 54.0m @ 304 g/t AgEq1 from 48.3m including, 11.3m @ 497 g/t AgEq1 from 54.0m and 7.0m @ 506 g/t AgEq1 from 81.0m including 2.0m @ 1,005 g/t AgEq1 from 86.0m including; WCS044 drill intercept is the best intercept to date at the Webbs Consol Silver Project; Drill hole WCS044 extends Tangoa West Lode mineralisation to 90m vertical depth and was drilled below WCS019 which returned 26.7m @ 421 g/t AgEq1 from 30.1m; Follow up drill hole WCS045 has been drilled below WCS044, to a down hole depth of 242.6m with assay results due imminently; Multiple drill holes have been designed to test the Tangoa West Lode up to a depth of 450m vertically.