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

Drilling to Commence Mid-May
Conversion of Inferred
Resources into Indicated &
Exploration Drilling
Updated Mineral Resource
Ongoing Metallurgical Work
Commencement of PFS

VANCOUVER, BC , April 23, 2025 /CNW/ - Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) ("Freegold" or the "Company") is pleased to announce the latest drill results from its 2024 drilling program. Final assay results for eight drill holes are still pending and are expected to be reported in the coming weeks. An updated mineral resource estimate, which will include the 2024 results, is scheduled for completion by end of Q2 – 2025. Additionally, further geological modelling has been conducted during the winter break and will be incorporated into the updated mineral resource estimate.

Drilling at Golden Summit is set to resume in mid-May, marking the start of an extensive 2025 drilling program. This program will commence with two drill rigs and increase to four rigs by early summer, with a total of approximately 30,000 meters planned. All four rigs are currently on site. The program aims to be comprehensive, focusing on converting inferred mineral resources into the indicated category and drilling additional metallurgical holes in preparation for a planned Pre-Feasibility Study (PFS).

The September 2024 mineral resource estimate ( US$1,973 gold – three-year trailing price average ) was based on a processing flowsheet that involves grinding, gravity separation, flotation, and regrinding of a sulfide concentrate, followed by Carbon -in-Leach (CIL) treatment. The estimated 72% gold recovery and $14 per tonne operating cost did not include further processing of the sulfides. The current metallurgical program is focused on identifying effective sulfide oxidation methods to enhance gold recovery and revenue. This ongoing testing includes BIOX ^® , POX, and additional Albion Process™ oxidation prior to CIL, providing a basis for trade-off studies aimed at maximizing recoveries while minimizing capex and opex in preparation for the PFS. Hydrological studies, baseline work, and archaeological and cultural work are also being conducted. 2025 is expected to be pivotal, with a goal of commencing a PFS by year-end.

CLEARY ZONE

The 2024 drilling program included four large-diameter holes for metallurgical test work. Hole GS2421, located in the Cleary Zone, filled in a 200m gap and was one of the most continuous higher-grade intercepts observed in the eastern section of the resource area, returning 115.5 meters at 1.17 g/t Au, starting at 197.5 meters and 3.62 g/t Au over 42 meters from 361 metres . (NR 11072024). Due to this success, three follow-up holes were drilled later in the season within the Cleary Zone: GS2438 and GS2441 and GS434.

Hole GS2438, located 50m due east of GS2421, intersected several zones with grades exceeding 1.0 g/t, including 1.12 g/t Au over 24.4m starting at 69.2m , 1.14 g/t Au over 32.6m starting at 233.8m , and 1.22 g/t Au over 15.2m starting at 310m . All these results lie within a consistently broad mineralized envelope, which has not been typically observed at Cleary.

Hole GS2441, located 60m south of GS2438, returned multiple intercepts exceeding resource grade. Notable higher-grade intercepts include: 3.3 g/t Au over 9.1m from 50m ; 2.7 g/t Au over 30.3m from 221.6m ; and 11.6 g/t Au over 33.6m from 300m , including a significant intercept of 110 g/t Au over 3.1m . and additionally 1.78 g/t Au over 25m , from 355.1m . Further drilling in this area is scheduled for 2025.

Assays for GS2434 drilled 70m southwest of GS2421 are pending.

CLEARY ZONE
Hole	Depth	Dip	Azimuth	From	To	Interval	Au	Au
Number	Depth	Dip	Azimuth	(m)	(m)	(m)	g/t	cut to 90 g/t
GS2438	427	-90	0	69.2	93.6	24.4	1.12
				233.8	266.4	32.6	1.14
				310	325.2	15.2	1.22
GS2441	536.8	-90	0	50.9	60	9.1	3.3
				221.6	251.9	30.3	2.74
				300.8	334.4	33.6	11.66	9.77
including				325.2	328.3	3.1	110.4
				355.1	380.1	25	1.73

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

WOW ZONE

The 2024 drilling program also focused on the WOW Zone, exploring the potential for further resource expansion to the west and conducting limited infill drilling. The drilling results from the WOW Zone are particularly significant, indicating a continuation of higher-grade mineralization to the west.

Hole GS2439 intercepted broad zones of higher-than-resource-grade mineralization, including 1.28 g/t Au over 27m from 441m . Hole GS2440, a vertical hole in the WOW Zone, is aligned with the southwesterly geochemical trend. It intersected mineralization that not only exceeded resource grade but also demonstrated significant mineralization at depth, including 2.07 g/t over 54.9m from 342.6m and 4.16 g/t Au over 21.3m from 438m , as well as a high-grade intercept of 128 g/t Au over 3.1m at 415.4m .

WOW ZONE
Hole	Depth	Dip	Azimuth	From	To	Interval	Au
Number	Depth	Dip	Azimuth	(m)	(m)	(m)	g/t
GS2439	714.6	-90	0	441	468	27	1.28
				522	585	63	0.87
				654	684	30	0.72
GS2440	666.3	-90	0	219.8	271.3	51.5	0.79
				288.6	316.1	27.5	0.66
				342.6	397.5	54.9	2.07
				415.4	418.5	3.1	128.3
				438	459.3	21.3	4.16
including				441	444.1	3.1	21.5

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

The current results indicate an opportunity to improve the resource grade and upgrade resource categories through additional infill drilling. This strategy aligns with our commitment to maximizing the project's value prior to completing any economic assessments.

Links to Plan Map and Section 479550E:

https://freegoldventures.com/site/assets/files/6287/20250422_plan_map.pdf

https://freegoldventures.com/site/assets/files/6287/20250422_479550e_section.pdf

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.

A sample quality control/quality assurance program has been in place throughout the program. Drill cores were cut in half using a diamond saw, and one-half placed in sealed bags for preparation and subsequent geochemical analysis by MSA Laboratories. At MSALABS, the entire sample was dried and crushed to 70% passing -2mm (CRU-CPA). A ~500g riffle split was analyzed for gold using CHRYSOS PhotonAssay™ (CPA-Au1). From this, 250g was further riffle split from the original PhotonAssay™ sample, pulverized, and a 0.25g sub-sample was analyzed 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 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.

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

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FVL:CA

FREEGOLD ANNOUNCES CLOSING OF $42 MILLION BROKERED PRIVATE PLACEMENT FINANCING

Freegold Ventures Limited (TSX: FVL) (" Freegold " or the " Company "), is pleased to announce that further to its news release of March 18, 2025 the Company has closed its upsized brokered private placement offering for aggregate gross proceeds of $41,975,805 which includes the exercise in full of the agent's option for additional gross proceeds of $5,475,105 . Paradigm Capital acted as sole agent (the " Agent ") on the Offering.

In connection with the Offering, the Company entered into an agency agreement (the " Agency Agreement ") dated April 3, 2025 , between the Company and the Agent. In accordance with the Agency Agreement, 49,383,300 units of the Company (the " Units ") were issued at a price of $0.85 per Unit. Each Unit is comprised of one common share of the Company (a " Unit Share ") and one-half of one common share purchase warrant of the Company (each whole warrant, a " Warrant "). Each Warrant is exercisable to acquire one common share of the Company (a " Warrant Share ") for 24 months from today's date at an exercise price of $1.30 per Warrant Share. The Warrants are callable by the Company should the daily volume-weighted average trading price of the common shares of the Company on the Toronto Stock Exchange exceed $1.30 for a period of twenty (20) consecutive trading days, at any time during the period (i) beginning on the date that is 6 months from the closing date of the Offering, and (ii) ending on the date the Warrants expire (the " Call Trigger "). Following a Call Trigger, the Company may give notice (the " Call Notice ") to the holders of the Warrants (by disseminating a news release announcing the acceleration) that any Warrant that remains unexercised by the holder thereof shall expire thirty days following the date on which the Call Notice is given.

The Company plans to use the net proceeds from the offering for general working capital and corporate purposes, with a primary focus on advancing the Golden Summit project. Drilling at Golden Summit is expected to resume next month, and an updated Mineral Resource Estimate is anticipated later in the second quarter, once the assays from the 2024 drill program have been finalized.

Mr. Eric Sprott , through an entity owned and controlled by him, purchased an aggregate of 14,814,900 Units in the Offering, representing 30% of the Units issued under the Offering.

Pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101 "), the purchase of Units by Mr. Sprott was a "related party transaction". The Company was exempt from the requirements to obtain a formal valuation in connection with the Offering in reliance on section 5.5(c) of MI 61-101, as the issuance of Units to Mr. Sprott was a distribution of securities of the Company to a related party for cash consideration. The issuance of the Units to Mr. Sprott was exempt from the requirement to obtain minority shareholder approval in reliance on section 5.7(1)(a) of MI 61-101 as neither the fair market value of the Units received by Mr. Sprott nor the proceeds for such securities received by the Company exceeded 25% of the Company's market capitalization as calculated in accordance with MI 61-101.

A material change report will be filed less than 21 days from the date of the closing of the Offering. Closing the Offering in this shorter period was reasonable in the circumstances as the Company determined the shorter period was necessary because the terms of the transaction were favorable to the Company, given uncertain market conditions time was of the essence in closing the Offering, and closing the Offering expeditiously was in the best interest of the Company and its shareholders.

The Offering is subject to the final approval of the Toronto Stock Exchange. All securities issued pursuant to the Offering will have a hold period of four months and one day.

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act "), or any U.S. state security laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with requirements of an applicable exemption therefrom. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States , nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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.

Forward-looking Information Cautionary Statement

This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding the receipt of TSX final approval for the Offering and the use of proceeds from the Offering. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold's Annual Information Form for the year ended December 31, 2024 , filed under Freegold's profile at www.sedarplus.ca , for a detailed discussion of the risk factors associated with Freegold's operations.

SOURCE Freegold Ventures Limited

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FREEGOLD VENTURES LIMITED ANNOUNCES UPSIZE OF THE PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT TO $36.5 MILLION

/NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA , ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA ./

Freegold Ventures Limited (TSX: FVL) (the " Company " or " Freegold Ventures "), is pleased to announce that in connection with its previously-announced best efforts private placement offering (the " Offering "), the Company and Paradigm Capital Inc. (the " Agent "), have agreed to increase the size of the Offering. The Company will now issue up to 42,492,000 units of the Company (the " Units ") at a price of $ 0.85 per Unit (the " Issue Price ") for total gross proceeds of up to $ 36,500,700 . Each Unit will be comprised of one common share of the Company (a " Unit Share ") and one half of one common share purchase warrant of the Company (each whole warrant, a " Warrant ").

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Rio Silver Receives Conditional Approval for Acquisition of Mamaniña Exploraciones S.A.C.

Rio Silver Inc. (the "Company") (TSX.V: RYO) (OTC: RYOOF) announces that, further to its announcement on March 26, 2025, it has received from the TSX Venture Exchange (the "Exchange") conditional acceptance (the "Conditional Approval") of the proposed transaction (the "Transaction") with Peruvian Metals Corp. for the acquisition of Mamaniña Exploraciones S.A.C.

The Company is working to satisfy the remaining conditions outlined in the Conditional Approval and will be making further announcements in respect thereof including without limitation the geological report prepared in accordance with National Instrument 43-101 and other items. The Transaction remains subject to the Exchange's final acceptance.

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Dealings in Securities by an Executive Director and Executive Officers of AngloGold Ashanti plc

AngloGold Ashanti plc (the "Company") (NYSE: AU; JSE: ANG) announces that an Executive Director, Gillian Doran, and Executive Officers of the Company, Terry Briggs and Marcelo Godoy, have dealt in securities of the Company. A portion of the respective shares received have been sold to satisfy related taxes as detailed below.

Name of Executive Director

Name of Executive Director	Gillian Doran
Name of Company	AngloGold Ashanti plc
Date of transaction	15 May 2025
Nature of transaction	On-market sale of shares to fund tax liability in relation to DSP awards
Class of security	Ordinary shares
Number of securities sold	8,260
Price per security	US$40.3758 ¹
Value of transaction (excluding fees)	US$333,504.21
Nature and extent of interest	Direct, Beneficial

⁽¹⁾

Weighted average price. These shares were sold in multiple transactions at prices ranging from US$40.3737 to US$40.3783 inclusive.

Name of Executive Officer	Terry Briggs
Name of Company	AngloGold Ashanti plc
Date of transaction	15 May 2025
Nature of transaction	Off-market receipt of vested shares under the 2023 Deferred Share Plans (DSP)
Class of security	Ordinary shares
Number of securities	25,514
Price per security	Nil
Nature and extent of interest	Direct, Beneficial

Name of Executive Officer	Terry Briggs
Name of Company	AngloGold Ashanti plc
Date of transaction	15 May 2025
Nature of transaction	On-market sale of vested DSP awards
Class of security	Ordinary shares
Number of securities sold	9,440
Price per security	US$40.3937 ¹
Value of transaction (excluding fees)	US$381,316.55
Nature and extent of interest	Direct, Beneficial

⁽¹⁾

Weighted average price. These shares were sold in multiple transactions at prices ranging from US$40.3755 to US$40.4001 inclusive.

Name of Executive Officer	Marcelo Godoy
Name of Company	AngloGold Ashanti plc
Date of transaction	15 May 2025
Nature of transaction	Off-market receipt of vested shares under the 2023 Deferred Share Plans (DSP)
Class of security	Ordinary shares
Number of securities	25,745
Price per security	Nil
Nature and extent of interest	Direct, Beneficial

Name of Executive Officer	Marcelo Godoy
Name of Company	AngloGold Ashanti plc
Date of transaction	15 May 2025
Nature of transaction	On-market sale of vested DSP awards
Class of security	Ordinary shares
Number of securities sold	9,526
Price per security	US$40.3750 ¹
Value of transaction (excluding fees)	US$384,612.69
Nature and extent of interest	Direct, Beneficial

⁽¹⁾

Weighted average price. These shares were sold in multiple transactions at prices ranging from US$40.3627 to US$40.4104 inclusive.

JSE Sponsor: The Standard Bank of South Africa Limited

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Media
Andrea Maxey
+61 8 9425 4603 / +61 400 072 199
amaxey@aga.gold

General inquiries
media@anglogoldashanti.com

Investors
Andrea Maxey
+61 8 9425 4603 / +61 400 072 199
amaxey@aga.gold

Yatish Chowthee
+27 11 637 6273 / +27 78 364 2080
yrchowthee@aga.gold

Website: www.anglogoldashanti.com

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Heliostar Drills 56.6 Metres Grading 2.88 g/t Oxide Gold from 68 Metres at the La Colorada Mine, Sonora, Mexico

HIGHLIGHTS:

56.6m grading 2.88 g/t gold from 68m
23.2m grading 14.4 g/t gold from surface (including 0.85m grading 381 g/t gold)
4.05m grading 17.8 g/t gold from 136m
8.7m grading 6.68 g/t gold from 56m
18.85m grading 3.54 g/t gold from 95m
Deeper drilling at the Creston Pit shows a combination of wide intervals and high grades
Results will be incorporated in an updated technical study for La Colorada expected to be released mid-2025
The focus of drilling at La Colorada will shift to stockpiles and then high-grade veins beneath and along strike from the open pits

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce additional results from an expanded 16,211 metre drilling program at the La Colorada Mine in Sonora, Mexico. La Colorada restarted production in early January 2025, and the current drill program is intended to expand the mineral reserves ahead of an updated technical report and expansion decision planned for mid-2025.

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Blackrock Silver Begins Placement of Hydrologic Monitoring Wells at Tonopah West

The collection of hydrologic data from piezometers is a crucial step in obtaining permits for the proposed exploration decline, test mining and bulk sample extraction at Tonopah West

Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") announces commencement of a core drilling program for piezometer instrumentation installation, which is a critical path item for the permitting process of the proposed exploration decline, test mining and bulk sample extraction at the Company's Tonopah West project ("Tonopah West") located in Nye and Esmeralda Counties, Nevada.

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CLEARY ZONE - Drilled 70m SW of GS2421
Hole	Depth	Dip	Azimuth	From	To	Interval	Au
Number	Depth	Dip	Azimuth	(m)	(m)	(m)	g/t
GS2434	550.8	-90	0	319.1	380.1	61	1.84
				410.2	428.9	18.7	1.6
				453	465.4	12.4	1.48

DOLPHIN ZONE
Hole	Depth	Dip	Azimuth	From	To	Interval	Au
Number	Depth	Dip	Azimuth	(m)	(m)	(m)	g/t
GS2432	788.2	-70	0	138	141.1	3.1	13.3
				188.1	616.6	428.5	0.9
incl				363.3	616.6	253.3	1.17
incl				363.3	407.8	44.5	1.32
incl				486.5	504.7	18.2	6.82
GS2436	652.9	-90	0	121	132.9	11.9	1.6
				256.9	275.2	18.3	0.99
				410.6	440.7	30.1	1.08
				508.1	646.8	138.7	0.9

WOW ZONE
Hole	Depth	Dip	Azimuth	From	To	Interval	Au	Au
Number	Depth	Dip	Azimuth	(m)	(m)	(m)	g/t	Cut to 90g/t
GS2430	639.2	-90	0	121.9	123.7	1.8	23.1
				270.4	316.1	45.7	0.62
				434.9	461.5	26.6	0.66
				491	501.7	10.7	1.79
GS2431	623	-85	0	111.3	120.8	9.5	2.81
				209	238.1	29.1	1.08
				263	289.9	26.9	0.6
				323	350	27	1.94
				407	518	111	1.73
incl				407	439.8	32.8	2.95
incl				430.5	433.6	3.1	22.0
incl				497	518	21	3.49
incl				512	515	3	19.3
				548	561.1	13.1	0.78
GS2433	654	-90	0	482.2	508.8	26.6	0.82
				523.8	530.1	6.3	4.19
GS2435	653	-85	0	98	155	57	1.07
				196.5	215	18.5	1.17
				254	470	216	1.01
incl				254	317	63	1.43
				558.5	559.8	1.3	20.4

Hole	Depth	Dip	Azimuth	From	To	Interval	Au	Au
Number				(m)	(m)	(m)	g/t	Cut to 90g/t
GS2437	609	-85	0	69.8	102	32.2	0.85
				268.8	293.8	25	1.39
				326.6	344.4	17.8	1.37
				396	416.6	20.6	6.84	5.85
incl				398.6	399.4	0.8	115.5
				498	501	3	43.8

Classification	Zone	AuEq Cut-off (g/t)	Tonnes (kt)	Gold Grade (g/t Au)	Silver Grade (g/t Ag)	Contained Gold (koz)	Contained Silver (koz)
Probable	El Crestón	0.160	12,841	0.76	10.1	312	4,181
	Veta Madre	0.175	1,905	0.70	3.1	43	189
	La Chatarrera	0.164	3,413	0.20	6.4	22	704
	Total		18,159	0.65	8.69	377	5,074

HoleID	From (metres)	To (metres)	Interval (metres)	Au (g/t)	Ag (g/t)	% True Width	Comment
24-LCDD-290	290.75	310.7	19.95	2.51	98.0	83.4	South Vein
including	301.25	306.5	5.25	5.79	115	83.4	South Vein
25-LCDD-291	1.0	13.75	12.75	0.91	14.2	100	Intermediate Vein
and	26.5	36.0	9.5	0.47	4.4	99.6	Intermediate Vein
and	40.5	46.5	6.0	0.65	3.6	99.6	Intermediate Vein
and	68.0	124.6	56.6	2.88	6.9	94.1	Intermediate Vein
	68.0	124.6	56.6	2.18	6.9	94.1	Top-cut to 23 g/t Au
including	111.85	116.9	5.05	9.22	19.4	96.4	South Vein
25-LCDD-292	2.7	33.95	31.25	0.65	34.7	85.4	Intermediate Vein
and	41.75	51.0	9.25	0.23	33.6	88.7	Intermediate Vein
and	124.9	145.8	20.9	3.63	23.8	82.8	South Vein
	124.9	145.8	20.9	3.03	23.8	82.8	Top-cut to 20 g/t Au
including	135.75	139.8	4.05	17.8	99.9	82.8	South Vein
	135.75	139.8	4.05	14.6	99.9	82.8	Top-cut to 20 g/t Au
25-LCDD-293	48.35	55.85	7.5	1.00	5.2	77.1	Intermediate Vein
and	68.5	79.25	10.75	1.52	1.8	65.1	Intermediate Vein
and	92.0	100.7	8.7	2.41	8.4	77.8	Intermediate Vein
25-LCDD-294	0.0	15.3	15.3	0.57	28.1	100	Intermediate Vein
and	52.4	82.2	29.8	2.22	22.3	87.8	Intermediate Vein
	52.4	82.2	29.8	1.62	22.3	87.8	Top-cut to 23 g/t Au
including	56.05	64.75	8.7	6.68	62.8	95.1	Intermediate Vein
including	56.05	64.75	8.7	4.63	62.8	95.1	Top-cut to 23 g/t Au
and	103.0	120.4	17.4	1.08	2.2	99.8	South Vein
25-LCDD-295	24.05	29.6	5.55	0.21	31.3	87.6	South Vein
and	35.55	38.35	2.8	0.17	28.0	85.7	South Vein
25-LCDD-296	0.0	29.3	29.3	1.08	7.2	88.9	Intermediate Vein
including	5.5	13.65	8.15	3.25	9.7	93.0	Intermediate Vein
and	59.2	84.8	25.6	0.66	4.8	80.9	Intermediate Vein
and	118.1	135.4	17.3	1.87	9.8	96.2	South Vein
including	121.8	124.8	3.0	6.73	25.4	96.2	South Vein
25-LCDD-297	29.9	46.0	16.1	0.29	17.4	85.1	Intermediate Vein
and	99.7	127.6	27.9	0.62	12.4	79.0	Intermediate Vein
25-LCDD-298	8.6	20.25	11.65	2.01	16.2	99.3	Intermediate Vein
and	77.8	119.05	41.25	1.87	4.9	98.3	South Vein
including	95.15	114.0	18.85	3.54	4.8	98.3	South Vein
25-LCDD-299	99.9	108.15	8.25	0.21	13.4	80.6	Gran Central Vein
and	114.4	118.0	3.6	0.53	19.0	80.6	Gran Central Vein
25-LCDD-300	0.0	23.2	23.2	14.4	21.8	94.5	Intermediate Vein
	0.0	23.2	23.2	1.28	21.8	94.5	Top-cut to 23 g/t Au
including	9.15	10.0	0.85	381.0	167	94.5	Intermediate Vein
	9.15	10.0	0.85	23.0	167	94.5	Top-cut to 23 g/t Au
and	38.0	51.65	13.65	0.93	12.7	87.6	Intermediate Vein
and	66.95	85.2	18.25	0.66	2.1	87.5	Intermediate Vein
and	104.9	116.25	11.35	1.47	1.8	91.1	South Vein
and	122.5	129.5	7.0	1.18	8.1	91.1	South Vein
25-LCDD-301	35.0	47.4	12.4	0.54	71.8		Gran Central Vein

Hole ID	Northing (NAD27 CONUS Zone 12N)	Easting (NAD27 CONUS Zone 12N)	Elevation (metres)	Azimuth (°)	Inclination (°)	Length (metres)
25-LCDD-290	542264	3185808	360.4	180	-43	318.25
25-LCDD-291	542641	3185777	182.7	180	-12	154.95
25-LCDD-292	542415	3185710	221.1	180	-49	151.65
25-LCDD-293	542775	3185810	246.0	180	-70	157.25
25-LCDD-294	542641	3185777	182.3	180	-26	132.65
25-LCDD-295	542184	3185598	381.2	215	-40	84.1
25-LCDD-296	542641	3185777	183.2	180	+2	151.25
25-LCDD-297	542425	3185721	221.1	190	-55	138.15
25-LCDD-298	542653	3185788	182.7	170	-20	129.95
25-LCDD-299	540979	3185503	420.4	180	-60	138.05
25-LCDD-300	542653	3185788	183.3	170	-3	150.85
25-LCDD-301	540997	3185454	416.5	180	-55	72.6
24-LCMET-19	543965	3185611	346.0	184	-45	126.0
24-LCMET-20	543890	3185658	418.4	163	-51	223.75
24-LCMET-21	543880	3185639	419.6	180	-47	237.0
24-LCMET-22	543890	3185659	418.4	173	-55	247.45
24-LCRC-757	542065	3185543	458.7	180	-45	128.0
24-LCRC-758	542065	3185621	455.7	180	-45	158.5
25-LCRC-759	542748	3185451	433.6	180	-45	100.6
25-LCRC-760	542750	3185390	439.7	180	-45	152.4
25-LCRC-761	543080	3185936	444.1	180	-45	195.1
25-LCRC-762	543100	3185898	442.4	175	-50	167.6
25-LCRC-763	543025	3185964	460.6	180	-45	213.4
25-LCRC-764	542214	3185673	373.9	180	-50	121.9
25-LCRC-765	542188	3185623	380.2	215	-44	85.3
25-LCRC-766	542215	3185704	371.3	168	-44	176.8
25-LCRC-767	542218	3185725	369.6	180	-55	103.6
25-LCRC-768	542222	3185726	369.5	155	-45	100.6
25-LCRC-769	542975	3185996	472.7	178	-45	256.0
25-LCRC-770	542900	3186006	476.9	180	-49	268.2
25-LCRC-771	542465	3185371	415.1	179	-45	140.2
25-LCRC-772	542465	3185311	433.0	179	-50	152.4

HoleID	From (metres)	To (metres)	Interval (metres)	Au (g/t)	Ag (g/t)	% True Width	Comment
24-LCMET-19	43.8	112.5	68.7	0.73	3.3	74.7
24-LCMET-20	108.6	118.65	10.05	1.00	1.3	69.1
and	138.5	223.75	85.25	1.14	4.3	69.1
	138.5	223.75	85.25	1.01	4.3	69.1	Top-cut to 7 g/t Au
including	149.15	162.8	13.65	3.47	3.4	69.1
	149.15	162.8	13.65	2.76	3.4	69.1	Top-cut to 7 g/t Au
24-LCMET-21	166.0	237.0	71	1.26	5.1	79.2
	166.0	237.0	71	1.24	5.1	79.2
including	223.1	224.4	1.3	8.21	3.4	79.2
including	223.1	224.4	1.3	7.00	3.4	79.2
24-LCMET-22	185.0	247.45	62.45	0.64	6.7	67.2

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

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Golden Summit

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Shorty Creek

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Ron Ewing - Director and Chairman

Kristina Walcott - President, Chief Executive Officer and Director

Alvin Jackson - Director and VP of Exploration and Development

David Knight - Director

Garnet Dawson - Director

Glen Dickson - Director

Reagan Glazier - Director

Maurice Tagami - Director

Vivienne Artz - Director

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