Freegold Intersects 339 metres grading 0.45 % Cu Equivalent At Shorty Creek

Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) (“Freegold) is pleased to provide initial results of its 2017 drilling program on its Shorty Creek Project, Alaska where drilling intercepted significant widths of copper-gold-silver, cobalt and tungsten mineralization further confirming both the grade and tonnage potential of Shorty Creek, a large porphyry style exploration target with potentially significant by-product credits.
As quoted in the press release:

Since our initial discovery hole was announced, Freegold has completed approximately 4,200 metres of drilling at Hill 1835. Our deepest hole SC 16-01 returned material grading Cu 0.55%, Au 0.145 g/t and Ag 9.67 g/t over the last 12 metres with the presence of bornite noted. Nine holes have been drilled within the 700 x 1,000 metre magnetic high at Hill 1835, which remains open both laterally and at depth. Porphyry style mineralization is associated with potassic and pervasive sericite alteration, within hornfelsed sedimentary rocks that are cut by porphyritic dykes and sills. The copper mineralization is primarily chalcopyrite with subordinate bornite. The 2017 program consisted of several step out holes building on the success of the 2015 and 2016 programs and confirmed the sizeable target at Hill 1835.

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