FREEGOLD CONTINUES TO EXTEND MINERALIZATION TO THE WEST WITH MULTIPLE HIGH GRADE INTERCEPTS

FREEGOLD CONTINUES TO EXTEND MINERALIZATION TO THE WEST WITH MULTIPLE HIGH GRADE INTERCEPTS

 
 

Several high-grade intercepts: 113.3 metres grading 5.42 gt Au (uncut) including 3.1m grading 160 gt Au GS2314 and 2.4m grading 82.5 gt Au GS2314 181.9m grading 1.22 gt Au - GS2317

 

   VANCOUVER, BC   ,   Oct. 11, 2023   /CNW/ - Freegold Ventures Limited (TSX: FVL) ("Freegold" or the "Company"), continues to successfully intercept higher grade at its Golden Summit Project as two drill rigs continue to operate. In the Dolphin Cleary area 34 holes have been completed since March. Assays for 17 holes have now been reported.  Six holes have been completed in the Saddle Zone. Assays are pending.

 

The 2023 program has multiple objectives: - delineating the extent of the mineralization to north of the Dolphin Cleary Zone, testing the potential for expansion to the west, expanding the higher-grade mineralization found within the Cleary Vein Swarm ("CVS") and initial reconnaissance drilling of the Saddle Zone.

 

Most of the holes in the Dolphin Cleary Zone reported to date have been mainly targeting the area to the north-northwest of the Dolphin intrusive. The current drilling is moving westward, targeting the Tolovana Vein swarm west of Willow Creek , where hole GS2335 is currently in progress, and multiple occurrences of visible gold have been observed.

 
 
                                                                                                                        
 

   HOLE   

 

   NUMBER   

 
 

   AZIMUTH   

 
 

   DIP   

 
 

   DEPTH   

 

   (M)   

 
 

   FROM   

 

   (M)   

 
 

   TO   

 

   (M)   

 
 

   INTERVAL   

 

   (M)   

 
 

   AU   

 

   G/T   

 
 

  GS2312  

 
 

  360  

 
 

  -70  

 
 

  506  

 
 

   182   

 
 

   200   

 
 

   18   

 
 

   0.57   

 
 

  GS2313  

 
 

  360  

 
 

  -70  

 
 

  504.9  

 
 

  427  

 
 

  428  

 
 

  1  

 
 

  13.2  

 
 

  GS2314  

 
 

  270  

 
 

  -70  

 
 

  748.6  

 
 

   125   

 
 

  141.5  

 
 

   16.5   

 
 

   2.1   

 
 
 
 
 
 

   293.6   

 
 

   296   

 
 

   2.4   

 
 

   82.5   

 
 
 
 
 
 

  385.7  

 
 

  499  

 
 

   113.3   

 
 

  5.42  

 
 

   including   

 
 
 
 
 

  480.7  

 
 

  489.8  

 
 

   9.1   

 
 

  6.5  

 
 

   including   

 
 
 
 
 

  495.9  

 
 

  499  

 
 

   3.1   

 
 

  160  

 
 

  GS2315  

 
 

  360  

 
 

  -70  

 
 

  706.2  

 
 

   239.9   

 
 

   352   

 
 

   112.1   

 
 

   0.95   

 
 

   including   

 
 
 
 
 

   302.2   

 
 

   352   

 
 

   49.8   

 
 

   1.26   

 
 
 
 
 
 

   587.3   

 
 

   602.3   

 
 

   15   

 
 

   0.94   

 
 

  GS2316  

 
 

  360  

 
 

  -75  

 
 

  470  

 
 

   144   

 
 

   211.3   

 
 

   67.3   

 
 

   0.5   

 
 

  GS2317  

 
 

  360  

 
 

  -70  

 
 

  605  

 
 

   86   

 
 

   103   

 
 

   17   

 
 

   1.68   

 
 
 
 
 
 

  211.5  

 
 

  538.5  

 
 

   327   

 
 

  0.94  

 
 

   including   

 
 
 
 
 

  211.5  

 
 

  393.4  

 
 

   181.9   

 
 

  1.22  

 
 
 
 
 
 

   The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization .­­­­­­­­  

 
 
 

 
Recent drilling shows that a marble unit and significant faulting truncate the mineralization to the north in the Dolphin Zone. Hole GS2304 drilled earlier this year intersected significant faulting and a marble unit. Subsequently, a north-south fence of holes (GS2304, G2312, GS2308 and GS2317) was drilled. Spaced approximately 100 metres apart and working from north to south, Holes GS2304, GS2313 and GS2308 all intersected this marble unit. Hole GS2317 intersected a broad zone of higher-grade mineralization returning 181.9m grading 1.22 g/t Au from 211.5m to 393.4m updip from hole GS2111 (Section 478950E).

 

GS2303, located 50 metres west of 478950E was another northern hole drilled earlier this year, and was aimed at delineating the limits of the mineralization to the north intersected 42.4 meters grading 0.65 g/t Au ( 99m 141.4m ). Additional holes drilled on the same section as GS2303 and spaced approximately 100 metres apart were drilled. (GS2303, GS2313, GS2322 and GS2323).   GS2313 again intersected a marble unit. Assays for GS2322 and GS2323 are pending.

 

Hole GS2314 located 150 metres west of 478950E was drilled to the west from the same pad as GS2309 which was drilled to the north. GS2314 returned 113.3 metres grading 5.42 g/t Au ( 385.7m to 499m ) (uncut) – including 3.1 metres grading 160 g/t Au. Two significant high-grade intercepts were encountered in this hole, 82.5 g/t Au over 2.1 metres from 293.6m to 296m and 3.1 metres grading 160 g/t Au ( 495.9m 499m ). This hole in conjunction with, Freegold's previous westerly hole (GS2241 – which intersected 88.7m grading 1.43 g/t) combined with strong gold in soil geochemistry, have acted as further evidence to support the idea that there remains significant expansion potential to the west where drilling is currently in progress.

 

Both GS2315 (100 metres west of 478950E) and GS2316 (150 metres east of 478950E) aimed to upgrade and expand mineralization northward. GS2315 intercepted broad zone mineralization starting at 239.9m and returned 112.1m grading of 0.95 g/t Au, including 49.8m of 1.26 g/t Au. GS2316 intersected 67.3m grading 0.50 g/t Au ( 144m 211.3m ).

 

Currently, one rig is also testing the Saddle Zone which is located 4 km to the east of the Dolphin/Cleary Zone. Six reconnaissance holes have been drilled to assess the historic veins along with their coinciding gold geochemistry to determine their potential to host additional resources. A seventh hole is in progress.

 

Additional assays results are pending and will be reported once received.  See plan map for hole locations.

 

  https://freegoldventures.com/site/assets/files/6287/478950e_looking_west.pdf  
https://freegoldventures.com/site/assets/files/6287/gs_dc_rd_western_area.pdf  

 

The current program is designed to test the boundaries, expand and infill the current mineral resource estimate ( February 2023 ) which using a 0.45 g/ t Au cut off and a $1,792  gold price is 12.01 million ounces at 0.92 g/t Au (407,544,000 tonnes) (indicated) and 7.7 million ounces at 0.85 g/t (282,303,000 tonnes) (inferred).

 

A sample quality control/quality assurance program has been in place throughout the program. Drill cores were cut in half using a diamond saw, with one-half placed in sealed bags for preparation and subsequent geochemical analysis by ALS Global and Act Labs.  Sample preparation has been conducted at the ALS facilities in Vancouver , Whitehorse and/or Reno , with subsequent analysis conducted primarily using its Vancouver and Reno laboratories.  Samples were also shipped to ACT Laboratories in Kamloops , and subsequent analysis and/or preparation was performed by its Ancaster , and Timmins Ontario laboratories.

 

Core samples were prepared using the PREP-31BY package in ALS's facility. Each core sample is crushed to better than 70 % passing a 2 mm (Tyler 9 mesh, US Std. No.10) screen. A split of 1kg is taken and pulverized to better than 85 % passing a 75-micron (Tyler 200 mesh, US Std. No. 200) screen; a portion of this pulverized split is digested by Four Acid and analyzed via ICP-AES (method code ME-ICP61). Fire Assay analyzes all samples with an AAS finish, method code Au-AA23 (30g sample size) and over 10 g/t are automatically assayed using a FA Grav method, Au-GRAV21. Additional Au screening is performed using ALS's Au- SCR24 method; select samples are dry-screened to 100 microns. A duplicate 50g fire assay is conducted on the little fraction and an assay on the entire oversize fraction. Total Au content, individual assays, and weight fractions are reported. Analytical and assay procedures are conducted in ALS's North Vancouver and Reno facilities.  Core samples were prepared using the RX1+1000 package in ACT's facility. Each core sample is crushed to better than 80 % passing a 2 mm (Tyler 9 mesh, US Std. No.10) screen. A split of 1kg is taken and pulverized to better than 95 % passing a 105-micron (Tyler No 140 150mesh) screen; a portion of this pulverized split is digested by Aqua Regia (Partial) Digestion, ICP-OES Package - 38 Elements. Fire Assay analyzes all samples with an AA finish, method code IE3 (30g sample size) and over 10 g/t are automatically assayed using a FA Grav method, method code 1A3. Analytical and assay procedures are conducted in ACT's  Timmins and Ancaster facilities.

 

A QA/QC program included laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards, with additional blanks inserted following samples of visible gold.

 

Freegold operates a full-service camp at Golden Summit.

 

The Qualified Person for this release is Alvin Jackson , PGeo – Vice President of Exploration and Development for Freegold.

 
  About Freegold Ventures Limited  
 

Freegold is a TSX-listed company focused on exploration in Alaska and holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

 

  Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2022 , filed under Freegold's profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While there has been a reduction in these effects in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions, cannot be reasonably estimated at this time. The risks to Freegold of such public health crises also include risks to employee health and safety and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect   on Freegold's business, results of operations, and financial condition.  

 

SOURCE Freegold Ventures Limited

 

 

 

 Cision View original content: http://www.newswire.ca/en/releases/archive/October2023/11/c8419.html  

 
 

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Freegold Ventures Limited - Results of the Annual General and Special Meeting

Freegold Ventures Limited - Results of the Annual General and Special Meeting

 
 

Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) ("Freegold" or the "Company ") is pleased to announce that all matters set out in the Management Information Circular dated May 26 2025 for the 2025 Annual General and Special Meeting of Shareholders held on June 27, 2025 (the "Meeting") were approved by the shareholders holding 98,154,137 shares were voted representing approximately ~ 18.56% of the outstanding shares of the Company.

 
 

  Freegold Logo (CNW Group/Freegold Ventures Limited) 

 

The following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election of directors are set out below:

 
 
                                                                        
 

   MOTIONS   

 
 

   NUMBER OF SHARES   

 
 

   PERCENTAGE OF VOTES CAST   

 

 

   FOR   

 
 

   AGAINST   

 
 

   WITHHELD/
ABSTAIN
 
 

 
 

   FOR   

 
 

   AGAINST   

 
 

   WITHHELD/
ABSTAIN
 
 

 
 

  To elect as Director :Kristina Walcott  

 
 

  96,353,303  

 
 
 

  1,800,834  

 
 

  98.165 %  

 
 
 

  1.835 %  

 
 

  To Elect as Director: Alvin Jackson  

 
 

  97,016,593  

 
 
 

  1,137,544  

 
 

  98.841 %  

 
 
 

  1.159 %  

 
 

  To Elect as Director: David Knight  

 
 

  85,790,018  

 
 
 

  12,364,119  

 
 

  87.403 %  

 
 
 

  12.597 %  

 
 

  To Elect as Director: Garnet Dawson  

 
 

  97,308,977  

 
 
 

  845,160  

 
 

  99.139 %  

 
 
 

  0.861 %  

 
 

  To Elect as Director: Ron Ewing  

 
 

  96,839,477  

 
 
 

  1,314,660  

 
 

  98.661 %  

 
 
 

  1.339 %  

 
 

  To Elect as Director: Glen Dickson  

 
 

  85,396,927  

 
 
 

  12,757,210  

 
 

  87.003 %  

 
 
 

  12.997 %  

 
 

  To Elect as Director: Reagan Glazier  

 
 

  79,513,338  

 
 
 

  18,640,799  

 
 

  81.009 %  

 
 
 

  18.991 %  

 
 

  To Elect as Director: Maurice Tagami  

 
 

  97,900,807  

 
 
 

  253,330  

 
 

  99.742 %  

 
 
 

  0.258 %  

 
 

  To Elect as Director: Vivienne Artz  

 
 

  93,614,569  

 
 
 

  4,539,568  

 
 

  95.375 %  

 
 
 

  4.625 %  

 
 
 

The Company's shareholders approved the appointment of Davidson & Company LLP, Chartered Professional Accountants, as the Company's auditors, as set forth in the management information circular.

 

The Company's shareholders approved the Company's new omnibus equity incentive plan.

 

Each of the matters voted upon at the Meeting is discussed in detail in the Company's Information Circular dated May 26   th, 2025, which is filed under the Company's profile at www.sedarplus.com.  

 

  Golden Summit Project Update:  

 

Drilling at Golden Summit is progressing well. Drilling is focused on resource definition, which includes both expansion and infill drilling, as well as geotechnical and metallurgical holes. Like the 2024 drill program, the current efforts aim to upgrade inferred resources to indicated status in preparation for the upcoming pre-feasibility study, which is expected to commence later this year. An updated mineral resource estimate is expected to be finalised soon, and the initial assay results from the 2025 drill program are also anticipated shortly.

 

The Qualified Person for this release is Alvin Jackson , P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

 

  About Freegold Ventures Limited  
Freegold is a TSX-listed company focused on exploration in Alaska . It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

 

  Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2024 , filed under Freegold's profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect   on Freegold's business, results of operations, and financial condition.  

 

SOURCE Freegold Ventures Limited

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/27/c9322.html  

 
 

 

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Freegold Achieves over 90% Gold Recovery Using BIOX® and greater than 92% Gold Recovery using POX - Additional Metallurgical Work Remains Ongoing

Freegold Achieves over 90% Gold Recovery Using BIOX® and greater than 92% Gold Recovery using POX - Additional Metallurgical Work Remains Ongoing

 
 
  •   All three methods tested: BIOX®, POX, and the Albion Process yield over 90% gold recovery  
  •  
  •   Further work to enhance sulphide recoveries through oxidation, as well as gravity, flotation and CIL recoveries, is in progress  
  •  

Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) ("Freegold" or the "Company ") is pleased to announce further results from the ongoing metallurgical test work currently underway.

 
 

  Freegold Logo (CNW Group/Freegold Ventures Limited) 

 

The current initiatives are focused on refining the flowsheet options for the pre-feasibility study. This includes testing and ongoing evaluation of sulphide-oxidizing methods such as BIOX®, POX, and the Albion Process™, as well as further gravity, flotation and CIL test work.

 

Earlier this year, Freegold reported 93% recovery using the Albion Process™ oxidation-CIL, with further test work ongoing.  Comminution tests using half-PQ core have been conducted on over 50 samples from various locations and lithologies within the deposit. These tests provide information to evaluate the trade-off between grind size and liberation versus power consumption, to optimize power requirements and operating costs while enhancing gold recovery.

 

The BIOX test work has been in progress for several months, and results have shown that gold recovery rates of greater than 90% can be achieved.

 
 
 
 

    2025 PROGRAM    

 
  •   Drilling is now underway with three rigs  
  •  

    Conversion of inferred resources into indicated & further exploration drilling.    

 
  •   Updated mineral resource  
  •  
  •   Ongoing metallurgical work, focusing on flowsheet optionality with sulphide oxidation is a key part of our strategy to maximize the potential of the resource.  
  •  
  •   Commencement of a Pre-Feasibility Study (PFS)  
  •  
 
 

  Summary of Gold Recovery using   BIOX®,  

 

A series of BIOX® amenability oxidation tests have been completed using a sulphide rougher concentrate produced from a composite of Golden Summit material sourced from eight diamond drill hole assay rejects.  The duration of the biological oxidation tests conducted was 10, 15, 20, 30 and a duplicate 30 days.  The residue from these BIOX® tests was subjected to CIL treatment, and overall gold recovery from gravity, rougher flotation, BIOX® treatment, and CIL averaged 91% from this suite of test work.

 

  Summary of Gold Recovery using   POX,  

 

Pressure oxidation (POX) treatment of sulphide rougher concentrate, as well as a cleaner concentrate, with lower mass and only marginally lower gold deportment, has been completed.  The POX residue was washed and neutralized and subjected to CIL leaching for gold recovery.  The POX-CIL testwork has yielded an average overall gold recovery of over 92% in a process flowsheet incorporating gravity, flotation, POX, and CIL.

 

This testwork utilized eight drill core composites comprising 1,192 meters of drill intercepts that represent 587 continuous mineralized intervals, with a total material weight of over 5,100 kilograms. These composites represent different locations and grades within the Dolphin and Cleary area and were created using continuous drill intervals chosen to reflect potential mill feed (Refer to the map below for hole locations.) The selections of drill holes and intervals included the primary gold-hosting lithologies.  These composites were prepared from laboratory assay rejects of fresh rock intervals located well below the existing oxide cap at Golden Summit.  Additionally, four large-diameter PQ holes were drilled during 2024. A total of 7,600 kg has been made available for comminution testing and ongoing metallurgical testwork.

 

Two additional PQ holes are being drilled in the 2025 program to enhance our metallurgical test work. This work aims to provide data for trade-off studies in the pre-feasibility study, developing a process flowsheet to maximize economic returns. Ongoing tests indicate that part of the mineralization is non-refractory and can be processed conventionally, although additional sulfide processing is necessary for optimal recovery. The September 2024 resource estimate, based on a gold price of $1,973 , included grinding, gravity separation, flotation, regrinding of sulphide concentrate, and CIL treatment, achieving a 72% gold recovery rate at a processing cost of $14 per ton.

 

The current program is designed to test sulphide oxidation methods, aiming to increase recoveries beyond the 72% gold recovery reported in the September 2024 resource estimate. Each of the three oxidation methods tested successfully demonstrated the potential to achieve gold recoveries exceeding 90%. These methods may increase costs; however, higher gold recoveries and gold prices could offset the additional capital expenditures (CAPEX) and operating expenditures (OPEX ) costs. Ongoing work will focus on identifying the most suitable oxidation method for use in the pre-feasibility study.

 

Discovery costs at Golden Summit are under $4.00 per ounce. Since 2020, exploration at Golden Summit has transformed the project, evolving to one of North America's most significant undeveloped gold resources, owing to a revised interpretation, extensive drilling, and a robust metallurgical program. There remains considerable potential for further expansion and optimisation as the project advances. The revised mineral resource estimate, incorporating the 2024 drilling, is expected to be finalised soon.

 

The current 2025 drilling program aims to upgrade inferred resources to indicated through infill drilling. Drilling for geotechnical purposes, resource definition, and additional metallurgical test holes will also be carried out. A total of 30,000 metres of drilling is planned. Archaeological fieldwork and geotechnical drilling are scheduled to commence shortly, with a fourth drill rig added to enhance exploration efforts. A pre-feasibility study is set to begin later this year.

 

  Link to the Plan Map:  

 

   https://freegoldventures.com/site/assets/files/6287/fvl06192025_ddhplan.png   

 

HQ Core is logged, photographed and cut in half using a diamond saw, and one-half placed in sealed bags for preparation and subsequent geochemical analysis by MSA Laboratories in Prince George, BC , and/or Fairbanks, Alaska .  At MSALABS, the entire sample will be dried and crushed to 70% passing -2mm (CRU-CPA). A ~500g riffle split will be analyzed for gold using CHRYSOS PhotonAssay™ (CPA-Au1). From this, 250g will be further riffle split from the original PhotonAssay™ sample, pulverized, and a 0.25g sub-sample analysed for multi-element geochemistry using MSA's IMS230 package, which includes 4-acid digestion and ICP-MS finish. MSALABS operates under ISO/IEC 17025 and ISO 9001 certified quality systems. A QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

 

The Qualified Person for this release is Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

 

  About Freegold Ventures Limited  
Freegold is a TSX-listed company focused on exploration in Alaska . It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

 

  Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2024 , filed under Freegold's profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect   on Freegold's business, results of operations, and financial condition.  

 

SOURCE Freegold Ventures Limited

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/19/c8191.html  

 
 

 

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Freegold Provides Update on 2025 Drill Program

Freegold Provides Update on 2025 Drill Program

 
 

  2025 PROGRAM  

 
  • Drilling is now underway with three rigs

    Conversion of inferred resources into indicated & further exploration drilling.

     
  •  
  • Updated mineral resource end of Q2

  •  
  • Ongoing metallurgical work, focusing on flowsheet optionality with sulphide oxidation is a key part of our strategy to maximize the potential of the resource.

  •  
  • Commencement of a Pre-Feasibility Study (PFS).
  •  

Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) ("Freegold" or the "Company ") is pleased to announce that three drill rigs are now operational at Golden Summit. One rig is situated in the WOW Zone (Holes GS2502, GS2505), another is operating in the Cleary Zone (Holes GS2501, GS2503), and a third is in the Dolphin Zone (GS2504). A fourth rig is anticipated to begin in early summer.

 

 

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Freegold Reports Final 2024 Drilling Results from Golden Summit Continuing to Confirm Higher Grade Potential

Freegold Reports Final 2024 Drilling Results from Golden Summit Continuing to Confirm Higher Grade Potential

 
 
  •   WOW ZONE – GS2437

     
    •   6.84 g/t Au over 20.6 m including 115.5 g/t over 0.8m   
    •  
    •   43.8 g/t Au over 3.0m   
    •  
  •  

  GS2435  

 
  •  
    •   1.01 g/t over 216 m   
    •  
    •   20.4 g/t over 1.3 m   
    •  
  •  

  GS2431  

 

 

News Provided by Canada Newswire via QuoteMedia

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Freegold Intersects Higher-Grade in Both Cleary and WOW Zones in Drilling at Golden Summit

Freegold Intersects Higher-Grade in Both Cleary and WOW Zones in Drilling at Golden Summit

 
 

WOW ZONE GS2440

 
  •  
    •   2.07 g/t Au over 54.9m  
    •  
    • 128.3 g/t Au over 3.1m
    •  
    • 4.16 g/t Au over 21.6m
    •  
  •  
  • CLEARY ZONE – GS2441
  •  
  •  
    • 2.74/t over 30.3m
    •  
    • 11.6 g/t Au over 33.6m including 110 g/t Au over 3.1m
    •  
    • 1.73 g/t over 25m
    •  
  •  

2025 PROGRAM

 

 

News Provided by Canada Newswire via QuoteMedia

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David Erfle, gold bars.

David Erfle: Silver Staging "Powerful" Breakout; Plus Gold Stocks and Copper Squeeze

David Erfle, editor and founder of Junior Miner Junky, shares his short-term outlook for gold, saying it could see a healthy test of US$3,200 per ounce — or even US$2,950 to US$3,000.

Erfle also shares his thoughts on what's coming for silver and copper prices.

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Gold nugget displayed on an antique balance scale with a dark background.

Meeka Metals Reports First Gold Pour at Murchison Project

Meeka Metals (ASX:MEK) has poured the first gold at its flagship Murchison project in Western Australia.

The pour happened on Tuesday (July 1), and in a Wednesday (July 2) press release, the company said the project’s production is in line with schedule, happening within 12 months of breaking ground.

Murchison sits near several multimillion-ounce gold mines and hosts a large, high-grade resource of 1.2 million ounces at 3 grams per tonne (g/t) gold on granted mining leases.

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Sun Summit Minerals (TSXV:SMN)

Sun Summit Minerals

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Aurum Resources (ASX:AUE)

Aurum Resources


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