Freeman Gold Expands Lehmi Gold Project With 219 Additional Claims

Freeman Gold (CSE: FMAN) this morning announced that it staked an additional 219 claims at its Lehmi Gold project in Idaho. The additional claims bring the total size of the Lemhi Gold project o over 7,515 acres of ground that has largely been unexplored despite historic discoveries of the resource.

The additional stake claims are said to be in highly prospective areas, in the vicinity as well as along strike of known near surface oxide gold mineralization. The additional claims have seen over 355 drill holes between 1980 and 2013.

In addition to the increased land claims, Freeman also announced this morning the appointment of Tom Panoulias to the role of VP, Corporate Development effective June 10. Panoulias is a capital markets professional, having spent over 15 years at the likes of Echelon Wealth, Fraser Mackenzie and Dundee Capital Markets. Prior to serving in the capital markets, Panoulias was a mining executive, holding senior roles at Kinross Gold and TVX Gold.

"Having secured a total property package of approximately 30 square kilometers surrounding the historical Lemhi oxide gold mineralization allows the Company to increase its chances of discovering further satellite deposits. Given the current geological interpretation and the magnitude of the mineralized body, we feel that securing this additional land was imperative, as it will allow the Company to pursue an aggressive exploration program in conjunction with resource focused drilling."

Freeman Gold last traded at $0.62 on the CSE.


FULL DISCLOSURE: Lodge Resources Inc is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Lodge Resources Inc 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

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Why Industrial Demand Is Changing the Silver Market | David Morgan

Recommended

Antimony Resources Drills 8.48% Sb Over 3 Metres, 2.07% Sb Over 27 Metres At Bald Hill

Steadright To Acquire 75% Interest In Moroccan Copper-Lead-Silver Project

Related News

McLaren Resources Looks To Conduct Exploration At Kerrs Gold Property

McLaren Resources (CSE: MCL) is looking to advance its Kerrs Gold property in the Timmins...

Friday, July 2, 2021, 07:25:06 AM

Kenorland Minerals Drills 17.96 G/T Gold Over 15.40 Metres At Frotet Project

Kenorland Minerals Ltd. (TSXV: KLD) has released the initial drill results from the completed diamond drill...

Tuesday, December 21, 2021, 11:31:00 AM

Labrador Gold Increases Drill Program To 50,000 Metres

Labrador Gold Corp. (TSXV: LAB) came forward today to report the expansion of the company’s...

Thursday, June 17, 2021, 10:50:00 AM

GMV Minerals Granted Option To Acquire 100% Ownership Of Claims For Mexican Hat Project

GMV Minerals (TSXV: GMV) has been granted an exclusive option to acquire the Mexican Hat...

Monday, December 14, 2020, 09:12:43 AM

Pure Gold Sees Operations Resume Following Red Lake Area Fire

Pure Gold Mining (TSXV: PGM) has seen its operations at its Madsen property resume following...

Monday, August 17, 2020, 12:43:44 PM