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

The $30,000 Gold Case Just Got Stronger | Simon Marcotte

Why Silver’s Move Is ‘Scary’ to Some Miners | Frank Basa

Are Commodities Entering a Generational Cycle? | Terry Lynch

Recommended

Steadright Closes Out Financing, Raising $1.6 Million For Moroccan Strategy

Questcorp and Riverside Lock Down Key Sonora Mineral Concessions

Related News

They Laughed at $3,000 Gold, Now We’re Headed for $4,000! | Sean Roosen – Osisko Development Corp.

In this conversation, Sean Roosen, CEO of Osisko Development Corp. (TSXV: ODV), talks about gold’s...

Sunday, July 20, 2025, 03:41:00 PM

Gold’s Rise Isn’t About Inflation…It’s About Power! | Florian Grummes – Midas Touch

Florian Grummes, CEO of Midas Touch Consulting, breaks down gold’s push past record highs and...

Saturday, September 27, 2025, 01:21:00 PM

Kirkland Lake Gold Discontinues Automatic Share Purchase Program

Kirkland Lake Gold (TSX: KL) appears to be in capital preservation mode following the merger...

Wednesday, September 29, 2021, 08:34:50 AM

Falcon Gold Signs MOU To Expand Central Canada Property

Falcon Gold (TSXV: FG) this morning announced that it has signed a memorandum of understanding...

Thursday, April 23, 2020, 09:22:12 AM

SKRR Exploration Completes First Phase of Fieldwork At Olson, Drilling Planned For Fall 2020

SKRR Exploration (TSXV: SKRR) has completed its phase one field work program at its 75%...

Monday, July 27, 2020, 09:43:56 AM