Freegold Ventures Hits 0.88 g/t Gold Over 506 Metres

Freegold Ventures (TSXV: FVL) continues to prove out the size of the deposit at its flagship Golden Summit Project, found in Alaska. The firm this morning released the results of a further seven drill holes conducted on the property under an ongoing drill program.

Highlights from the results include:

  • GS2115: 1.25 g/t gold over 51.1 metres, including 12.3 g/t gold over 1.9 metres
  • GS2141: 0.86 g/t gold over 210.3 metres
  • GS2201: 0.88 g/t gold over 506.2 metres, including 1.45 g/t gold over 207.2 metres
  • GS2203: 2.52 g/t gold over 190.2 metres
  • GS2208: 0.97 g/t gold over 277.2 metres

The seven holes totaled 4,164 metres of drilling in aggregate. Results are said to have demonstrated higher grades over increasing widths downdip than the current resource estimate. An updated estimate is set to be released in Q4 of this year, which is to include drilling from 2020, 2021, and 2022 field programs, data of which has not previously been included in official company estimates.

Freegold Ventures last traded at $0.315 on the TSX Venture.

Information for this briefing was found via Sedar and Freegold Ventures. The author has no affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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