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

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Mercado Minerals Launches Two Phase Geophysical Program At Copalito Project

Altamira Gold Drills 6.1 g/t Gold Over 2.3 Metres At Cajueiro Central, Begins Testing Two New Targets

Related News

Montage Gold Sees Initial Indicated Resource Of 4.27 Million Ounces For Koné Project

Montage Gold Corp. (TSXV: MAU) shared today the results of its updated mineral resource estimate...

Thursday, August 19, 2021, 08:05:03 AM

The Timmins Gold District: More Activity Brewing

There is an old adage in the mining industry: the best place to explore for...

Sunday, July 5, 2020, 08:30:00 AM

Gran Colombia Reports US$90.7 Million In Revenue In Q3 2021

Gran Colombia Gold Corp. (TSX: GCM) announced on Thursday the company’s financial results for Q3...

Friday, November 12, 2021, 09:39:00 AM

Silvercorp Adjusts Takeover Bid for OreCorp in Response to Outside Interference

Vancouver-based mining company Silvercorp Metals Inc. (TSX: SVM) has unveiled a revised takeover bid for...

Wednesday, December 27, 2023, 08:26:00 AM

Gold’s Run Isn’t Over — It’s Just Getting Ignored | Tim Smith – US GoldMining

In this conversation, Tim Smith, CEO of US Gold Mining (NASDAQ: USGO), talks about the...

Sunday, July 20, 2025, 01:27:00 PM