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Since going public in 2017, Fremont Gold’s (TSXV:FRE) mine-finding management team has assembled a portfolio of high-quality gold projects in Nevada. Fremont’s goal is to leverage its expertise to make a new discovery in one of the world’s best mining jurisdictions. Nevada produces more than 5 million ounces of gold annually, primarily from the Carlin and Cortez trends, accounting for approximately 80 percent of US gold production.
- Mine-finding management team: Have discovered more than 4-million ounces gold.
- Six gold projects, including two past producing gold mines, located in a world-renowned mining jurisdiction in Nevada.
- To date, Fremont has drilled 9 meters grading 4.66 g/t gold at Gold Bar and 16.8 meters grading 1.9 g/t gold and 18.3 meters grading 1.1 g/t gold at Gold Canyon.
- Insiders own approximately 20 percent of the company’s shares.
Fremont’s property portfolio is comprised of past producing mines and early-stage exploration projects in the Cortez and Carlin Trends. Gold Bar and Gold Canyon, adjacent to McEwen Mining’s Gold Bar project (scheduled to begin production early in 2019), are past producing gold mines and exploration is being directed towards unlocking the remaining potential.
To date, Fremont has drilled 25.9 meters grading 4.66 g/t gold at Gold Bar and has identified a possible extension southeast of the Gold Bar mine, which the company intends to explore further. The company has also drilled 16.8 meters grading 1.9 g/t gold and 18.3 meters grading 1.1 g/t gold at Gold Canyon.
In the upcoming exploration season, Fremont will be Gold Bar and Gold Canyon with the aim of defining and extending areas of known mineralization on both properties.
In addition to Gold Bar and Gold Canyon, Fremont also controls a number of early stage exploration projects, including Goldrun, Hurricane, North Carlin and Roberts Creek. Fremont is particularly excited by North Carlin (Alkali and Coyote claims), located at the northern end of the Carlin Trend, where it has outlined several drill targets.
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