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. The ongoing Phase II drill programme at the Webbs Consol Silver Project has resulted in another two significant drill intercepts. The first drill hole into Webbs Silver Project's Copy Cat Lode has returned high-grade silver- lead-zinc-copper mineralisation over a thick drill intercept at shallow depths including 1.5m @ 1,899 g/t AgEq1 from 21.1m within a broader intercept of 20.5m @ 375 g/t AgEq1 from 16.0m.

The Copy Cat prospect was discovered through surface mapping and sampling. The resultant intercept makes Copy Cat the sixth sulphide lode discovered to date at the Webbs Consol Silver Project and the first drill hole to contain in excess of 1% copper over the entire 20.5m intercept. Sulphide distribution within this intercept ranges from disseminated to semi-massive aggregates of sphalerite and galena blebs.

Drilling at the Castlereagh Lode resulted in a significant intercept of 47.4 m @ 153 g/t AgEq1 from 66.5m. Sulphide distribution within this intercept ranges from disseminated blebs to massive veins of both sphalerite and galena.