Sunday, August 3, 2025

Latest

Freeman Gold Begins Lemhi Metallurgical Test Work

This morning Freeman Gold (CSE: FMAN) announced they have begun metallurgical test work on their 100% owned Lemhi Gold Project, with the goal of advancing towards a production decision. The company has done a comprehensive review of the historical information and test work conducted by previous operators, and designed a program to follow-up and enhance gold recoveries, ultimately leading to a project flowsheet for the Lemhi Project.

We have a very strong foundation of metallurgical test work from previous operators of the Lemhi project which indicate excellent recoveries using conventional leach technologies. This body of work has saved us considerable time and money in designing a metallurgical program that will provide an optimal process and recovery parameters at Lemhi. As part of our 2020 drill campaign, we completed a large diameter diamond drill hole providing us valuable material for the testing program which will be conducted at SGS Canada.

Will Randall, President & CEO, Freeman Gold

Historical test work from the mid 90s focused primarily on cyanide leaching to evaluate heap leach potential, showed gold recovery ranged from the 70% to 90% range. The new study will focus on leach response, as well as investigate optional procedures, including froth flotation, primarily for deeper less oxidized material, and for establishing design and operating parameters for crushing, grinding, and leaching circuits.

The full news release can be read here.

Freeman Gold last traded at $0.58 per share on the Canadian Securities Exchange.


FULL DISCLOSURE: Freeman is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Freeman Gold on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

San Dimas: First Majestic Silver’s Sleeper Asset

New Gold Q2 Earnings: Record Free Cash Flow

STLLR Gold: The Tower Gold PEA

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Gold Prices Could Reach $20,000, Chairman of Franco Nevada Makes the Prediction

Pierre Lassonde, who is a well-known Canadian businessman and philanthropist, in addition to being a...

Sunday, April 12, 2020, 03:05:41 PM

Silver Outperforming Gold as Industrial Consumption Set to Drive Demand

The coronavirus pandemic has caused many investors to flock to safe-haven assets such as gold,...

Monday, August 17, 2020, 02:26:10 PM

Equinox Gold Sells Pilar Property For $38.0 Million, 9.9% Equity Stake In Private Issuer

Equinox Gold Corp. (TSX: EQX) announced this morning that it has sold its Pilar Gold...

Monday, April 19, 2021, 08:00:48 AM

Aya Gold & Silver Posts $9.9 Million In Revenue For Q2 2021

Aya Gold & Silver Inc. (TSX: AYA) shared today its operational and financial results for...

Friday, August 13, 2021, 09:38:00 AM

SSR Mining Produces 196,094 Gold Equivalent Ounces, Posts US$366.5 Million In Revenue For Q1 2021

SSR Mining Inc. (TSX: SSRM) reported today its financial results for the first quarter of...

Thursday, May 6, 2021, 08:49:36 AM