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

SSR Mining Walks Away From a World Class Gold-Copper Project

Why More Canadians Are Starting to Think About Leaving | Jesse Day

Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold

Recommended

Amid CBS Shuffle, Is Joe Rogan Replacing Anderson Cooper On 60 Minutes?

Silver47 Targets Resource Growth With 10,000 Metre Red Mountain Drill Program

Related News

Great Thunder Announces Private Placement; Sprott Increases Investment

This morning Great Thunder Gold (TSXV: GTG) announced a non-brokered private placement financing of up...

Thursday, July 23, 2020, 09:34:09 AM

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

In this interview, Gordon Robb, CEO of ESGOLD Corp. (CSE: ESAU), discusses his decision to...
Monday, July 7, 2025, 03:50:00 PM

Gold ETFs See Largest Single-Day Inflow Since 2022 as Prices Hit Records

Gold-backed exchange-traded funds experienced their biggest single-day inflow in nearly three years on Friday, with...

Wednesday, September 24, 2025, 12:17:00 PM

Great Bear To Systematically Grid Drill Dixie Limb, Hinge Zones

Great Bear Resources (TSXV: GBR) this morning released additional drill results from its ongoing exploration...

Thursday, March 11, 2021, 08:03:54 AM

Gold Mountain Intersects 17.54 g/t Gold Over 1.10 Metres

Gold Mountain Mining (TSXV: GMTN) this morning released assay results from its phase two drill...

Tuesday, November 16, 2021, 07:52:17 AM