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

First Majestic Q3 Earnings: Another RECORD Quarter!

Barrick Q3 Earnings: Juicing Shareholder Returns Amid Declining Production

Wheaton Q3 Earnings: Cash Operating Margins Skyrocket

Recommended

Canadian Copper Set To Submit Environmental Impact Assessment In H1 2026 For Murray Brook

Goliath Resources Extends High Grade Zone To 580 Metres In Latest Assays

Related News

Equinox Gold Guides To 600,000 Ounces Of Gold Production In 2021

Equinox Gold Corp (TSX: EQX) this morning released its production guidance for 2021 across all...

Tuesday, February 9, 2021, 08:49:48 AM

Eastern Europe Central Banks Lead Global Gold-Buying Spree

Eastern European central banks are ramping up gold purchases, with Poland leading global acquisitions as...

Saturday, November 30, 2024, 09:07:00 AM

Is Gold About To Get Volatile? – The Daily Dive

Starting off the week for the Daily Dive today is that of David Erfle of...

Monday, March 14, 2022, 01:39:28 PM

Amex Exploration Intersects 32.91 G/T Gold Over 6.40 Metres At Perron

Amex Exploration Inc. (TSXV: AMX) this morning reported further results from drilling at the High...

Monday, June 7, 2021, 07:56:46 AM

China’s New ¥100K Cash-For-Gold Rule Could Spur Buying Frenzy Before Deadline

The People’s Bank of China has ordered every dealer of precious metals and gemstones to...

Saturday, July 5, 2025, 11:33:00 AM