Drilling for Ounces in the Historic Gold Bar District
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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 5,000,000 ounces gold annually, primarily from the Carlin and Cortez Trends, accounting for ~80% of US gold production.
- Mine-finding management team: Have discovered more than 4-million ounces gold.
- World’s greatest mining jurisdiction: Six gold projects, including two past producing gold mines, located in Nevada.
- Aligned with shareholders: Insiders own ~20% of the 53 million shares issued and outstanding.
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. Drilling is scheduled begin at Gold Bar and Gold Canyon early in 2019.
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.
Fremont believes in its team and our projects. Most importantly, insiders are aligned with its shareholders: Insiders own 20% of Fremont.
Blaine Monaghan—CEO, Director
Blaine Monaghan has a proven track record of creating shareholder value in the mining industry. He has been involved in capital raises totalling more than $100 million for exploration projects around the globe and has worked with a number of companies that were subject to M&A, including True Gold Mining Inc. (acquired by Endeavour Mining Corp.), Canplats Resources Corp. (acquired by Goldcorp Inc.), Western Prospector Group Ltd. (acquired by a subsidiary of China Nuclear National Corp.), Nu Energy Uranium Corp. (acquired by Mega Uranium) and Wheaton River Minerals Ltd. (which merged with Goldcorp in 2005).
Mr. Monaghan joins Fremont from Allegiant Gold Ltd., where he served as Vice President Corporate Development and played a leading role in the listing, financing and development of Allegiant. Mr. Monaghan holds an MBA from Royal Roads University, a Bachelor of Arts degree from Simon Fraser University and a diploma in public relations from the Public Relations Institute of Ireland.
Alan Carter—Chairman, Director
Alan Carter is the president and CEO of Cabral Gold. He is also director of Anfield Gold, Peregrine Diamonds and Altamira Gold. He is a PhD Geologist with extensive corporate experience in Canada. He has previously worked for Rio Tinto and BHP Billiton. He is co-founder of Peregrine Metals and Peregrine Diamonds and the former president and CEO of Magellan Minerals with over 35 years in the industry.
Michael Williams is president and CEO of Vendetta Mining Corp. He is a founder of Underworld Resources acquired by Kinross Gold in 2010 for $140M.
Clay Newton—VP Exploration
Clay Newton is an ex-Kennecott PhD structural geologist and is responsible for over half of Fremont’s acquisitions. He has spent over 30 years targeting gold and copper in Nevada and was involved in the discovery of the Midway gold mine.
Paul Reynolds is the president and CEO of Triumph Gold. He is a geologist with 29 years’ experience in USA, Canada, Guyana, Bolivia and Argentina. He was previously chairman of Athlone Energy Ltd, director of Cairo Resources Ltd, Azincourt Uranium Inc and TerraX Minerals Ltd.
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